SI

Sikko Industries LtdNSE SIKKO Stock Report

Last reporting period 31 Mar, 2024

Updated 01 Nov, 2024

Last price

Market cap $B

0.002

Micro

Exchange

XNSE - National Stock Exchange Of India

View Section: Eyestock Rating

Sikko Fair Value

SI

The fair market value of SIKKO.NS stock is 67.94 INR. Relative to the market price of 97.98 INR Sikko is overvalued by 30.7%

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

Overvalued 30.7%
67.94 INR
SIKKO.NS Fair Value
97.98 INR
Market price of SIKKO.NS

Sikko Valuation

Current SIKKO.NS share ticker price is 97.98 INR.

The fair value level of 67.94 INR can be considered as an effective entry point for long-term investors to start investing in SIKKO.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 31% higher its fair value

Min value

Current price is 88% higher its minimum value

Max value

Current price is 49% lower its maximum value

05.11.2024

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.

SIKKO.NS stock is overvalued

It means the current price may concern as a Risky Entry Point

Sikko Industries 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

59.95

2

Median P/E over 5 years

27.96

3

Minimum P/E over 5 years

4.87

4

Earning per share (last 12 months)

2.43 INR

Maximum value

1

x

4

=

145.67 INR

Fair value

2

x

4

=

67.94 INR

Minimum value

3

x

4

=

11.82 INR

Sikko Industries Ltd price metrics

63.79

Annual return (geometric mean)

61.42

Risk (standard deviation) of returns

β

1.42

Beta (volatility compared to market)

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

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View Section: Profitability