SP Apparels Intrinsic Value

SPAL • Textiles
Current Stock Price
₹717.15
Primary Intrinsic Value
₹663.84
Market Cap
₹1793 Cr
-22.5% Downside
Median Value
₹555.52
Value Range
₹287 - ₹784
Assessment
Trading Above Calculated Value
Safety Margin
-29.1%

SPAL Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹663.84 ₹531.07 - ₹796.61 -7.4% EPS: ₹55.32, Sector P/E: 12x
Book Value Method asset ₹340.00 ₹306.00 - ₹374.00 -52.6% Book Value/Share: ₹340.00, P/B: 1.0x
Revenue Multiple Method revenue ₹555.52 ₹499.97 - ₹611.07 -22.5% Revenue/Share: ₹694.40, P/S: 0.8x
EBITDA Multiple Method earnings ₹662.40 ₹596.16 - ₹728.64 -7.6% EBITDA: ₹276.00Cr, EV/EBITDA: 6x
Simple DCF (5Y) dcf ₹286.86 ₹229.49 - ₹344.23 -60.0% CF Growth: 5.0%, Discount: 15%
PEG Ratio Method growth ₹354.05 ₹318.65 - ₹389.46 -50.6% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹455.84 ₹410.26 - ₹501.42 -36.4% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹784.00 ₹705.60 - ₹862.40 +9.3% ROE: 16.5%, P/E Multiple: 14x
Graham Defensive Method conservative ₹650.54 ₹585.49 - ₹715.59 -9.3% EPS: ₹55.32, BVPS: ₹340.00
Method Types: Earnings Asset DCF Growth Dividend Conservative

Valuation Comparison Chart

SPAL Intrinsic Value Analysis

What is the intrinsic value of SPAL?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of SP Apparels (SPAL) is ₹555.52 (median value). With the current market price of ₹717.15, this represents a -22.5% variance from our estimated fair value.

The valuation range spans from ₹286.86 to ₹784.00, indicating ₹286.86 - ₹784.00.

Is SPAL undervalued or overvalued?

Based on our multi-method analysis, SP Apparels (SPAL) appears to be trading above calculated value by approximately 22.5%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 7.64 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Return on Equity 16.5% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 15.0% Industry Standard: 20%+ Above 10% Indicates operational efficiency level
Asset Turnover Ratio 1.19x 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 ₹44 Cr ₹-41 Cr Positive Operating Cash Flow 6/10
March 2024 ₹79 Cr ₹79 Cr Positive Free Cash Flow 8/10
March 2023 ₹216 Cr ₹136 Cr Positive Free Cash Flow 8/10
March 2022 ₹27 Cr ₹13 Cr Positive Free Cash Flow 7/10
March 2021 ₹81 Cr ₹71 Cr Positive Free Cash Flow 8/10