Ultramarine & Pigments Intrinsic Value

ULTRAMAR • Chemicals
Current Stock Price
₹420.35
Primary Intrinsic Value
₹318.24
Market Cap
₹252.2 Cr
+100.0% Upside
Median Value
₹840.70
Value Range
₹170 - ₹1051
Assessment
Trading Below Calculated Value
Safety Margin
50.0%

ULTRAMAR Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹318.24 ₹254.59 - ₹381.89 -24.3% EPS: ₹26.52, Sector P/E: 12x
Book Value Method asset ₹1050.88 ₹945.79 - ₹1155.97 +150.0% Book Value/Share: ₹1621.67, P/B: 1.0x
Revenue Multiple Method revenue ₹840.70 ₹756.63 - ₹924.77 +100.0% Revenue/Share: ₹1326.67, P/S: 0.8x
EBITDA Multiple Method earnings ₹840.70 ₹756.63 - ₹924.77 +100.0% EBITDA: ₹136.00Cr, EV/EBITDA: 6x
Simple DCF (5Y) dcf ₹1050.88 ₹840.70 - ₹1261.06 +150.0% CF Growth: 11.6%, Discount: 15%
PEG Ratio Method growth ₹169.73 ₹152.76 - ₹186.70 -59.6% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹218.52 ₹196.67 - ₹240.37 -48.0% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹840.70 ₹756.63 - ₹924.77 +100.0% ROE: 7.8%, P/E Multiple: 10x
Graham Defensive Method conservative ₹983.69 ₹885.32 - ₹1082.06 +134.0% EPS: ₹26.52, BVPS: ₹1621.67
Method Types: Earnings Asset DCF Growth Dividend Conservative

Want to compare with current market value? Check ULTRAMAR share price latest .

Valuation Comparison Chart

ULTRAMAR Intrinsic Value Analysis

What is the intrinsic value of ULTRAMAR?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Ultramarine & Pigments (ULTRAMAR) is ₹840.70 (median value). With the current market price of ₹420.35, this represents a +100.0% variance from our estimated fair value.

The valuation range spans from ₹169.73 to ₹1050.88, indicating ₹169.73 - ₹1050.88.

Is ULTRAMAR undervalued or overvalued?

Based on our multi-method analysis, Ultramarine & Pigments (ULTRAMAR) appears to be trading below calculated value by approximately 100.0%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 2.87 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Debt to Equity Ratio 1.21 Industry Standard: <0.5 Above 1.0 Indicates financial leverage level
Return on Equity 7.8% Industry Standard: 15%+ Below 10% Measures shareholder return efficiency
Operating Margin 16.0% Industry Standard: 20%+ Above 10% Indicates operational efficiency level
Asset Turnover Ratio 0.68x Industry Standard: 1.0x+ Above 0.5x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹90 Cr ₹69 Cr Positive Free Cash Flow 8/10
March 2024 ₹78 Cr ₹53 Cr Positive Free Cash Flow 8/10
March 2023 ₹62 Cr ₹35 Cr Positive Free Cash Flow 8/10
March 2022 ₹29 Cr ₹-3 Cr Positive Operating Cash Flow 6/10
March 2021 ₹58 Cr ₹48 Cr Positive Free Cash Flow 8/10