Ice Make Refrigeration Intrinsic Value

ICEMAKE • Capital Goods
Current Stock Price
₹709.15
Primary Intrinsic Value
₹212.74
Market Cap
₹1135 Cr
-70.0% Downside
Median Value
₹212.74
Value Range
₹142 - ₹355
Assessment
Trading Above Calculated Value
Safety Margin
-100.0%

ICEMAKE Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹212.74 ₹170.19 - ₹255.29 -70.0% EPS: ₹5.12, Sector P/E: 12x
Book Value Method asset ₹141.83 ₹127.65 - ₹156.01 -80.0% Book Value/Share: ₹77.50, P/B: 1.0x
Revenue Multiple Method revenue ₹296.00 ₹266.40 - ₹325.60 -58.3% Revenue/Share: ₹370.00, P/S: 0.8x
EBITDA Multiple Method earnings ₹283.66 ₹255.29 - ₹312.03 -60.0% EBITDA: ₹40.00Cr, EV/EBITDA: 6x
Simple DCF (5Y) dcf ₹283.66 ₹226.93 - ₹340.39 -60.0% CF Growth: 15.0%, Discount: 15%
PEG Ratio Method growth ₹212.74 ₹191.47 - ₹234.01 -70.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹212.74 ₹191.47 - ₹234.01 -70.0% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹354.57 ₹319.11 - ₹390.03 -50.0% ROE: 6.5%, P/E Multiple: 10x
Graham Defensive Method conservative ₹212.74 ₹191.47 - ₹234.01 -70.0% EPS: ₹5.12, BVPS: ₹77.50
Method Types: Earnings Asset DCF Growth Dividend Conservative

Valuation Comparison Chart

ICEMAKE Intrinsic Value Analysis

What is the intrinsic value of ICEMAKE?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Ice Make Refrigeration (ICEMAKE) is ₹212.74 (median value). With the current market price of ₹709.15, this represents a -70.0% variance from our estimated fair value.

The valuation range spans from ₹141.83 to ₹354.57, indicating ₹141.83 - ₹354.57.

Is ICEMAKE undervalued or overvalued?

Based on our multi-method analysis, Ice Make Refrigeration (ICEMAKE) appears to be trading above calculated value by approximately 70.0%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 4.11 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Return on Equity 6.5% Industry Standard: 15%+ Below 10% Measures shareholder return efficiency
Operating Margin 7.0% Industry Standard: 20%+ Below 10% Indicates operational efficiency level
Asset Turnover Ratio 1.61x 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 ₹30 Cr ₹-12 Cr Positive Operating Cash Flow 6/10
March 2024 ₹10 Cr ₹-2 Cr Positive Operating Cash Flow 6/10
March 2023 ₹24 Cr ₹17 Cr Positive Free Cash Flow 8/10
March 2022 ₹8 Cr ₹6 Cr Positive Free Cash Flow 8/10
March 2021 ₹12 Cr ₹11 Cr Positive Free Cash Flow 8/10