Happy Forgings Intrinsic Value
HAPPYFORGE • Industrial Products
Current Stock Price
₹1280.10
Primary Intrinsic Value
₹384.03
Market Cap
₹2432 Cr
-35.5%
Downside
Median Value
₹826.23
Value Range
₹384 - ₹2152
Assessment
Trading Above Calculated Value
Safety Margin
-54.9%
HAPPYFORGE Valuation Methods Summary
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹384.03 | ₹307.22 - ₹460.84 | -70.0% | EPS: ₹31.16, Sector P/E: 12x |
| Book Value Method | asset | ₹973.68 | ₹876.31 - ₹1071.05 | -23.9% | Book Value/Share: ₹973.68, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹646.74 | ₹582.07 - ₹711.41 | -49.5% | Revenue/Share: ₹808.42, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹1541.05 | ₹1386.94 - ₹1695.16 | +20.4% | EBITDA: ₹488.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹2087.54 | ₹1670.03 - ₹2505.05 | +63.1% | CF Growth: 15.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹384.03 | ₹345.63 - ₹422.43 | -70.0% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹384.03 | ₹345.63 - ₹422.43 | -70.0% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹2151.58 | ₹1936.42 - ₹2366.74 | +68.1% | ROE: 15.8%, P/E Multiple: 14x |
| Graham Defensive Method | conservative | ₹826.23 | ₹743.61 - ₹908.85 | -35.5% | EPS: ₹31.16, BVPS: ₹973.68 |
Method Types:
Earnings
Asset
DCF
Growth
Dividend
Conservative
Valuation Comparison Chart
HAPPYFORGE Intrinsic Value Analysis
What is the intrinsic value of HAPPYFORGE?
Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Happy Forgings (HAPPYFORGE) is ₹826.23 (median value). With the current market price of ₹1280.10, this represents a -35.5% variance from our estimated fair value.
The valuation range spans from ₹384.03 to ₹2151.58, indicating ₹384.03 - ₹2151.58.
Is HAPPYFORGE undervalued or overvalued?
Based on our multi-method analysis, Happy Forgings (HAPPYFORGE) appears to be trading above calculated value by approximately 35.5%.
Financial Health Analysis
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Current Ratio | 23.56 | Industry Standard: 2.0+ | Above 2.0 | Measures short-term liquidity capacity |
| Return on Equity | 15.8% | Industry Standard: 15%+ | Above 15% | Measures shareholder return efficiency |
| Operating Margin | 31.0% | Industry Standard: 20%+ | Above 20% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.69x | Industry Standard: 1.0x+ | Above 0.5x | Measures asset utilization efficiency |
Related Pages for Happy Forgings
Additional stock information and data for HAPPYFORGE
Cash Flow Quality Analysis
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2025 | ₹292 Cr | ₹132 Cr | Positive Free Cash Flow | 7/10 |
| March 2024 | ₹189 Cr | ₹-46 Cr | Positive Operating Cash Flow | 6/10 |
| March 2023 | ₹210 Cr | ₹124 Cr | Positive Free Cash Flow | 8/10 |
| March 2022 | ₹80 Cr | ₹-3 Cr | Positive Operating Cash Flow | 6/10 |
| March 2021 | ₹60 Cr | ₹31 Cr | Positive Free Cash Flow | 8/10 |