Ajax Engineering Intrinsic Value

AJAXENGG • Automobiles
Current Stock Price
₹478.90
Primary Intrinsic Value
₹231.60
Market Cap
₹526.8 Cr
+41.1% Upside
Median Value
₹675.83
Value Range
₹166 - ₹1052
Assessment
Trading Below Calculated Value
Safety Margin
29.1%

AJAXENGG Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹231.60 ₹185.28 - ₹277.92 -51.6% EPS: ₹19.30, Sector P/E: 12x
Book Value Method asset ₹1051.82 ₹946.64 - ₹1157.00 +119.6% Book Value/Share: ₹1051.82, P/B: 1.0x
Revenue Multiple Method revenue ₹957.80 ₹862.02 - ₹1053.58 +100.0% Revenue/Share: ₹1952.73, P/S: 0.8x
EBITDA Multiple Method earnings ₹957.80 ₹862.02 - ₹1053.58 +100.0% EBITDA: ₹307.00Cr, EV/EBITDA: 6x
Simple DCF (5Y) dcf ₹362.91 ₹290.33 - ₹435.49 -24.2% CF Growth: 5.0%, Discount: 15%
PEG Ratio Method growth ₹308.80 ₹277.92 - ₹339.68 -35.5% EPS Growth: 20.0%, Fair P/E: 16.0x
Growth Adjusted P/E growth ₹165.98 ₹149.38 - ₹182.58 -65.3% Revenue Growth: 15.0%, Adj P/E: 8.6x
ROE Based Valuation profitability ₹957.80 ₹862.02 - ₹1053.58 +100.0% ROE: 19.1%, P/E Multiple: 14x
Graham Defensive Method conservative ₹675.83 ₹608.25 - ₹743.41 +41.1% EPS: ₹19.30, BVPS: ₹1051.82
Method Types: Earnings Asset DCF Growth Dividend Conservative

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Valuation Comparison Chart

AJAXENGG Intrinsic Value Analysis

What is the intrinsic value of AJAXENGG?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Ajax Engineering (AJAXENGG) is ₹675.83 (median value). With the current market price of ₹478.90, this represents a +41.1% variance from our estimated fair value.

The valuation range spans from ₹165.98 to ₹1051.82, indicating ₹165.98 - ₹1051.82.

Is AJAXENGG undervalued or overvalued?

Based on our multi-method analysis, Ajax Engineering (AJAXENGG) appears to be trading below calculated value by approximately 41.1%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 103.08 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Return on Equity 19.1% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 12.0% Industry Standard: 20%+ Above 10% Indicates operational efficiency level
Asset Turnover Ratio 1.45x Industry Standard: 1.0x+ Above 1.0x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹43 Cr ₹26 Cr Positive Free Cash Flow 8/10
March 2024 ₹208 Cr ₹150 Cr Positive Free Cash Flow 8/10
March 2023 ₹185 Cr ₹89 Cr Positive Free Cash Flow 7/10
March 2022 ₹85 Cr ₹21 Cr Positive Free Cash Flow 7/10
March 2021 ₹72 Cr ₹69 Cr Positive Free Cash Flow 8/10