Refex Industries Intrinsic Value
Refex Industries (REFEX) median intrinsic value is ₹323.08 from 9 valuation models (range ₹79–₹528), vs current price ₹263.86 — +22.4% upside (Trading Below Calculated Value), margin of safety 18.3%. Also explore REFEX share price data to track price trends across different timeframes.
REFEX Valuation Methods Summary — DCF, Graham Number & P/E
Refex Industries intrinsic value across 9 models vs current price ₹263.86 — upside/downside and value range per method. Browse Refex Industries annual reports for revenue, profit, balance sheet and cash flow data.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹115.60 | ₹92.48 - ₹138.72 | -56.2% | EPS: ₹11.56, Sector P/E: 10x |
| Book Value Method | asset | ₹372.92 | ₹335.63 - ₹410.21 | +41.3% | Book Value/Share: ₹466.15, P/B: 0.8x |
| Revenue Multiple Method | revenue | ₹323.08 | ₹290.77 - ₹355.39 | +22.4% | Revenue/Share: ₹646.15, P/S: 0.5x |
| EBITDA Multiple Method | earnings | ₹412.31 | ₹371.08 - ₹453.54 | +56.3% | EBITDA: ₹268.00Cr, EV/EBITDA: 4x |
| Simple DCF (5Y) | dcf | ₹105.54 | ₹84.43 - ₹126.65 | -60.0% | CF Growth: 5.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹79.16 | ₹71.24 - ₹87.08 | -70.0% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹92.48 | ₹83.23 - ₹101.73 | -65.0% | Revenue Growth: 6.0%, Adj P/E: 8.0x |
| ROE Based Valuation | profitability | ₹527.72 | ₹474.95 - ₹580.49 | +100.0% | ROE: 11.9%, P/E Multiple: 12x |
| Graham Defensive Method | conservative | ₹348.20 | ₹313.38 - ₹383.02 | +32.0% | EPS: ₹11.56, BVPS: ₹466.15 |
REFEX Intrinsic Value vs Market Price — All Valuation Models
Refex Industries fair value range ₹79–₹528 vs current market price ₹263.86 across 9 valuation models. For current market price and key ratios, visit Refex Industries share price today.
REFEX Intrinsic Value Analysis — Undervalued or Overvalued?
Refex Industries median intrinsic value ₹323.08, current price ₹263.86 — Trading Below Calculated Value by 22.4%, margin of safety 18.3%.
What is the intrinsic value of REFEX?
Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Refex Industries (REFEX) is ₹323.08 (median value). With the current market price of ₹263.86, this represents a +22.4% variance from our estimated fair value.
The valuation range spans from ₹79.16 to ₹527.72, indicating ₹79.16 - ₹527.72.
Is REFEX undervalued or overvalued?
Based on our multi-method analysis, Refex Industries (REFEX) appears to be trading below calculated value by approximately 22.4%.
REFEX Financial Health — Key Ratios vs Industry Benchmarks
Refex Industries financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Current Ratio | 7.23 | Industry Standard: 2.0+ | Above 2.0 | Measures short-term liquidity capacity |
| Return on Equity | 11.9% | Industry Standard: 15%+ | Above 10% | Measures shareholder return efficiency |
| Operating Margin | 15.0% | Industry Standard: 20%+ | Above 10% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.93x | Industry Standard: 1.0x+ | Above 0.5x | Measures asset utilization efficiency |
REFEX Cash Flow Quality — Operating & Free Cash Flow
Refex Industries operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2025 | ₹-265 Cr | ₹-310 Cr | Negative Cash Flow | 3/10 |
| March 2024 | ₹3 Cr | ₹-18 Cr | Positive Operating Cash Flow | 6/10 |
| March 2023 | ₹28 Cr | ₹-11 Cr | Positive Operating Cash Flow | 6/10 |
| March 2021 | ₹123 Cr | ₹62 Cr | Positive Free Cash Flow | 8/10 |
| March 2020 | ₹12 Cr | ₹12 Cr | Positive Free Cash Flow | 8/10 |