ON

Onward Technologies LtdNSE ONWARDTEC Stock Report

Last reporting period 31 Mar, 2024

Updated 31 Oct, 2024

Last price

Market cap $B

0.013

Micro

Exchange

XNSE - National Stock Exchange Of India

View Section: Eyestock Rating

Onward Fair Value

ON

The fair market value of ONWARDTEC.NS stock is 471.9 INR. Relative to the market price of 336.4 INR Onward is undervalued by 40.3%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 40.3%
471.9 INR
ONWARDTEC.NS Fair Value
336.4 INR
Market price of ONWARDTEC.NS

Onward Valuation

Current ONWARDTEC.NS share ticker price is 336.4 INR.

The fair value level of 471.9 INR can be considered as an effective entry point for long-term investors to start investing in ONWARDTEC.NS stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 40% lower its fair value

Min value

Current price is 50% higher its minimum value

Max value

Current price is 150% lower its maximum value

02.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

ONWARDTEC.NS stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Onward Technologies Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

55.99

2

Median P/E over 5 years

31.41

3

Minimum P/E over 5 years

11.12

4

Earning per share (last 12 months)

15.02 INR

Maximum value

1

x

4

=

841.12 INR

Fair value

2

x

4

=

471.9 INR

Minimum value

3

x

4

=

167.04 INR

Onward Technologies Ltd price metrics

39.65

Annual return (geometric mean)

56.05

Risk (standard deviation) of returns

β

1.72

Beta (volatility compared to market)

It means that ONWARDTEC.NS stock is more volatile than the broader market

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View Section: Profitability