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Last Updated on: 04 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 543482 | NSE: EUREKAFORBE

Eureka Forbes Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 8:18 pm

Market Cap 10,056 Cr.
Current Price 519
High / Low 648/397
Stock P/E70.6
Book Value 222
Dividend Yield0.00 %
ROCE3.46 %
ROE2.45 %
Face Value 10.0
PEG Ratio1.13

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Eureka Forbes Ltd

Competitors of Eureka Forbes Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
MPL Plastics Ltd 12.5 Cr. 10.0 18.9/8.501.40 2.590.00 %%% 10.0
Hawkins Cookers Ltd 3,998 Cr. 7,558 9,200/6,02034.9 6221.59 %44.5 %36.0 % 10.0
Harsha Engineers International Ltd 3,424 Cr. 376 614/36024.5 1430.27 %13.4 %10.6 % 10.0
Gorani Industries Ltd 52.3 Cr. 97.5 137/76.347.5 23.50.00 %12.2 %11.5 % 10.0
Eureka Forbes Ltd 10,056 Cr. 519 648/39770.6 2220.00 %3.46 %2.45 % 10.0
Industry Average9,402.36 Cr1,467.0458.12175.360.41%14.18%11.15%6.69

All Competitor Stocks of Eureka Forbes Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 3373525575472508505592539553553673598
Expenses 5354482575431461459541496500498601539
Operating Profit -220430414746514253557259
OPM % -49%5%8%0%9%9%9%9%8%10%10%11%10%
Other Income 021-15-10-5223-13264
Interest 0466433322221
Depreciation 091316131313131314141415
Profit before tax -2924-36132631373024426247
Tax % 6%45%27%-26%25%37%29%31%25%12%25%25%26%
Net Profit -2518-27101622252321314735
EPS in Rs -3.770.250.92-1.390.510.841.141.321.171.111.612.411.80

Last Updated: March 4, 2025, 12:22 pm

Below is a detailed analysis of the quarterly data for Eureka Forbes Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹598.00 Cr.. The value appears to be declining and may need further review. It has decreased from 673.00 Cr. (Sep 2024) to ₹598.00 Cr., marking a decrease of 75.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹539.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 601.00 Cr. (Sep 2024) to ₹539.00 Cr., marking a decrease of 62.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹59.00 Cr.. The value appears to be declining and may need further review. It has decreased from 72.00 Cr. (Sep 2024) to ₹59.00 Cr., marking a decrease of 13.00 Cr..
  • For OPM %, as of Dec 2024, the value is 10.00%. The value appears to be declining and may need further review. It has decreased from 11.00% (Sep 2024) to 10.00%, marking a decrease of 1.00%.
  • For Other Income, as of Dec 2024, the value is ₹4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Sep 2024) to ₹4.00 Cr., marking a decrease of 2.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.00 Cr. (Sep 2024) to ₹1.00 Cr., marking a decrease of 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹15.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.00 Cr. (Sep 2024) to ₹15.00 Cr., marking an increase of 1.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹47.00 Cr.. The value appears to be declining and may need further review. It has decreased from 62.00 Cr. (Sep 2024) to ₹47.00 Cr., marking a decrease of 15.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Sep 2024) to 26.00%, marking an increase of 1.00%.
  • For Net Profit, as of Dec 2024, the value is ₹35.00 Cr.. The value appears to be declining and may need further review. It has decreased from 47.00 Cr. (Sep 2024) to ₹35.00 Cr., marking a decrease of 12.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 1.80. The value appears to be declining and may need further review. It has decreased from 2.41 (Sep 2024) to 1.80, marking a decrease of 0.61.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 1:11 pm

MetricMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 00283327261683812,0802,1892,377
Expenses 00283227261693631,9491,9972,139
Operating Profit 0012-1-0-0-118132192238
OPM % 2%5%-3%-1%-0%-17%5%6%9%10%
Other Income 000-000002-30-7-0
Interest 00010000420106
Depreciation 000000009555356
Profit before tax 0001-1-1-1-2727122175
Tax % -8%8%9%-9%56%1%59%37%25%
Net Profit 0001-1-1-1-231792134
EPS in Rs 0.000.000.502.62-4.70-2.48-1.84-3.380.140.884.736.93
Dividend Payout % 0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-200.00%0.00%0.00%-100.00%250.00%466.67%441.18%
Change in YoY Net Profit Growth (%)0.00%200.00%0.00%-100.00%350.00%216.67%-25.49%

Eureka Forbes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:143%
3 Years:553%
TTM:11%
Compounded Profit Growth
10 Years:%
5 Years:171%
3 Years:300%
TTM:55%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:11%
1 Year:14%
Return on Equity
10 Years:%
5 Years:1%
3 Years:1%
Last Year:2%

Last Updated: Unknown

Balance Sheet

Last Updated: March 14, 2025, 1:48 pm

MonthMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 0.050.05333355193193193193
Reserves -0-0-1-0-2-2-3-53,8743,8864,0104,100
Borrowings 004444222531393979
Other Liabilities 00121299751,8151,8101,8781,986
Total Liabilities 00181814141076,1356,0296,1206,359
Fixed Assets 001000005,4985,4755,4575,469
CWIP 000000000210
Investments 00000000871018082
Other Assets 0017181414107550451582808
Total Assets 00181814141076,1356,0296,1206,359

Below is a detailed analysis of the balance sheet data for Eureka Forbes Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹193.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 193.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹4,100.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,010.00 Cr. (Mar 2024) to ₹4,100.00 Cr., marking an increase of 90.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹79.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 39.00 Cr. (Mar 2024) to ₹79.00 Cr., marking an increase of 40.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹1,986.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,878.00 Cr. (Mar 2024) to ₹1,986.00 Cr., marking an increase of 108.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹6,359.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6,120.00 Cr. (Mar 2024) to ₹6,359.00 Cr., marking an increase of 239.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹5,469.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,457.00 Cr. (Mar 2024) to ₹5,469.00 Cr., marking an increase of 12.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2024) to ₹0.00 Cr., marking a decrease of 1.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹82.00 Cr.. The value appears strong and on an upward trend. It has increased from 80.00 Cr. (Mar 2024) to ₹82.00 Cr., marking an increase of 2.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹808.00 Cr.. The value appears strong and on an upward trend. It has increased from 582.00 Cr. (Mar 2024) to ₹808.00 Cr., marking an increase of 226.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹6,359.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,120.00 Cr. (Mar 2024) to ₹6,359.00 Cr., marking an increase of 239.00 Cr..

Notably, the Reserves (₹4,100.00 Cr.) exceed the Borrowings (79.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1037171195
Cash from Investing Activity +007-22-35
Cash from Financing Activity +-1-0-31-150-117
Net Cash Flow-1-013-143

Free Cash Flow

MonthMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow0.000.00-3.00-2.00-5.00-4.00-2.00-3.00-235.00-7.00153.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days156141107110631101472223
Inventory Days34213733901096389199
Days Payable1641531371431592565499989
Cash Conversion Cycle261071-7-372351433
Working Capital Days373431151-35-357-84-82
ROCE %0%24%-12%-5%-4%-58%0%2%3%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters73.85%73.33%73.23%73.23%72.56%72.56%72.56%72.56%62.56%62.56%62.56%62.56%
FIIs11.53%11.50%11.55%11.54%10.94%10.76%10.61%10.76%16.01%13.21%12.62%12.56%
DIIs0.68%0.79%1.22%1.48%1.87%2.73%3.45%4.00%5.64%6.30%6.67%6.60%
Government0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%
Public13.08%13.52%13.15%12.90%13.79%13.10%12.53%11.83%14.93%17.08%17.29%17.41%
No. of Shareholders13,34513,72714,76114,36914,11814,83615,83821,84326,75128,11531,62832,453

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Tata Small Cap Fund1,121,3390.6954.08527,2502025-04-02112.68%
DSP Tiger Fund842,6410.8340.64527,2502025-04-0259.82%
Bandhan Small Cap Fund693,1390.5733.43527,2502025-04-0231.46%
PGIM India Small Cap Fund527,2501.6925.43527,2502025-04-020%
Union Flexi Cap Fund382,3960.8418.44527,2502025-04-02-27.47%
Union Small Cap Fund372,9801.1717.99527,2502025-04-02-29.26%
Axis Innovation Fund277,2341.0513.37527,2502025-04-02-47.42%
Sundaram Consumption Fund257,0020.8312.39527,2502025-04-02-51.26%
DSP Equity Savings Fund157,2440.567.58527,2502025-04-02-70.18%
Union ELSS Tax Saver Fund157,2000.817.58527,2502025-04-02-70.18%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.00
Basic EPS (Rs.) 4.941.370.72-3.38
Diluted EPS (Rs.) 4.931.370.72-3.38
Cash EPS (Rs.) 7.744.290.60-3.08
Book Value[Excl.RevalReserv]/Share (Rs.) 218.47211.85210.740.28
Book Value[Incl.RevalReserv]/Share (Rs.) 218.47211.85210.740.28
Revenue From Operations / Share (Rs.) 113.15107.7419.7316.25
PBDIT / Share (Rs.) 10.728.021.07-2.65
PBIT / Share (Rs.) 7.935.110.59-2.95
PBT / Share (Rs.) 6.641.990.36-3.36
Net Profit / Share (Rs.) 4.941.370.13-3.38
NP After MI And SOA / Share (Rs.) 4.941.370.13-3.38
PBDIT Margin (%) 9.477.445.41-16.34
PBIT Margin (%) 7.004.733.00-18.14
PBT Margin (%) 5.861.841.84-20.67
Net Profit Margin (%) 4.361.260.68-20.77
NP After MI And SOA Margin (%) 4.361.270.68-20.77
Return on Networth / Equity (%) 2.260.640.06-1175.41
Return on Capital Employeed (%) 2.961.940.22-886.48
Return On Assets (%) 1.560.440.04-22.82
Long Term Debt / Equity (X) 0.000.010.010.00
Total Debt / Equity (X) 0.010.020.0510.81
Asset Turnover Ratio (%) 0.360.340.120.00
Current Ratio (X) 0.630.520.540.75
Quick Ratio (X) 0.370.280.260.46
Inventory Turnover Ratio (X) 3.472.570.730.00
Interest Coverage Ratio (X) 21.227.664.67-6.45
Interest Coverage Ratio (Post Tax) (X) 12.344.281.59-7.20
Enterprise Value (Cr.) 8769.608356.887796.160.00
EV / Net Operating Revenue (X) 4.014.0120.420.00
EV / EBITDA (X) 42.2853.83377.280.00
MarketCap / Net Operating Revenue (X) 4.043.9619.830.00
Price / BV (X) 2.092.011.860.00
Price / Net Operating Revenue (X) 4.043.9619.830.00
EarningsYield 0.010.000.000.00

After reviewing the key financial ratios for Eureka Forbes Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 4.94. This value is below the healthy minimum of 5. It has increased from 1.37 (Mar 23) to 4.94, marking an increase of 3.57.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 4.93. This value is below the healthy minimum of 5. It has increased from 1.37 (Mar 23) to 4.93, marking an increase of 3.56.
  • For Cash EPS (Rs.), as of Mar 24, the value is 7.74. This value is within the healthy range. It has increased from 4.29 (Mar 23) to 7.74, marking an increase of 3.45.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 218.47. It has increased from 211.85 (Mar 23) to 218.47, marking an increase of 6.62.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 218.47. It has increased from 211.85 (Mar 23) to 218.47, marking an increase of 6.62.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 113.15. It has increased from 107.74 (Mar 23) to 113.15, marking an increase of 5.41.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 10.72. This value is within the healthy range. It has increased from 8.02 (Mar 23) to 10.72, marking an increase of 2.70.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 7.93. This value is within the healthy range. It has increased from 5.11 (Mar 23) to 7.93, marking an increase of 2.82.
  • For PBT / Share (Rs.), as of Mar 24, the value is 6.64. This value is within the healthy range. It has increased from 1.99 (Mar 23) to 6.64, marking an increase of 4.65.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 4.94. This value is within the healthy range. It has increased from 1.37 (Mar 23) to 4.94, marking an increase of 3.57.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 4.94. This value is within the healthy range. It has increased from 1.37 (Mar 23) to 4.94, marking an increase of 3.57.
  • For PBDIT Margin (%), as of Mar 24, the value is 9.47. This value is below the healthy minimum of 10. It has increased from 7.44 (Mar 23) to 9.47, marking an increase of 2.03.
  • For PBIT Margin (%), as of Mar 24, the value is 7.00. This value is below the healthy minimum of 10. It has increased from 4.73 (Mar 23) to 7.00, marking an increase of 2.27.
  • For PBT Margin (%), as of Mar 24, the value is 5.86. This value is below the healthy minimum of 10. It has increased from 1.84 (Mar 23) to 5.86, marking an increase of 4.02.
  • For Net Profit Margin (%), as of Mar 24, the value is 4.36. This value is below the healthy minimum of 5. It has increased from 1.26 (Mar 23) to 4.36, marking an increase of 3.10.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.36. This value is below the healthy minimum of 8. It has increased from 1.27 (Mar 23) to 4.36, marking an increase of 3.09.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 2.26. This value is below the healthy minimum of 15. It has increased from 0.64 (Mar 23) to 2.26, marking an increase of 1.62.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 2.96. This value is below the healthy minimum of 10. It has increased from 1.94 (Mar 23) to 2.96, marking an increase of 1.02.
  • For Return On Assets (%), as of Mar 24, the value is 1.56. This value is below the healthy minimum of 5. It has increased from 0.44 (Mar 23) to 1.56, marking an increase of 1.12.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.01 (Mar 23) to 0.00, marking a decrease of 0.01.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.01. This value is within the healthy range. It has decreased from 0.02 (Mar 23) to 0.01, marking a decrease of 0.01.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.36. It has increased from 0.34 (Mar 23) to 0.36, marking an increase of 0.02.
  • For Current Ratio (X), as of Mar 24, the value is 0.63. This value is below the healthy minimum of 1.5. It has increased from 0.52 (Mar 23) to 0.63, marking an increase of 0.11.
  • For Quick Ratio (X), as of Mar 24, the value is 0.37. This value is below the healthy minimum of 1. It has increased from 0.28 (Mar 23) to 0.37, marking an increase of 0.09.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.47. This value is below the healthy minimum of 4. It has increased from 2.57 (Mar 23) to 3.47, marking an increase of 0.90.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 21.22. This value is within the healthy range. It has increased from 7.66 (Mar 23) to 21.22, marking an increase of 13.56.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 12.34. This value is within the healthy range. It has increased from 4.28 (Mar 23) to 12.34, marking an increase of 8.06.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 8,769.60. It has increased from 8,356.88 (Mar 23) to 8,769.60, marking an increase of 412.72.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.01. This value exceeds the healthy maximum of 3. There is no change compared to the previous period (Mar 23) which recorded 4.01.
  • For EV / EBITDA (X), as of Mar 24, the value is 42.28. This value exceeds the healthy maximum of 15. It has decreased from 53.83 (Mar 23) to 42.28, marking a decrease of 11.55.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 4.04. This value exceeds the healthy maximum of 3. It has increased from 3.96 (Mar 23) to 4.04, marking an increase of 0.08.
  • For Price / BV (X), as of Mar 24, the value is 2.09. This value is within the healthy range. It has increased from 2.01 (Mar 23) to 2.09, marking an increase of 0.08.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 4.04. This value exceeds the healthy maximum of 3. It has increased from 3.96 (Mar 23) to 4.04, marking an increase of 0.08.
  • For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has increased from 0.00 (Mar 23) to 0.01, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Eureka Forbes Ltd as of April 4, 2025 is: 313.34

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Eureka Forbes Ltd is Overvalued by 39.63% compared to the current share price 519.00

Intrinsic Value of Eureka Forbes Ltd as of April 4, 2025 is: 508.99

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Eureka Forbes Ltd is Overvalued by 1.93% compared to the current share price 519.00

Last 5 Year EPS CAGR: 62.44%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -40.00, which is a positive sign.
  2. The company has higher reserves (1,321.42 cr) compared to borrowings (44.17 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (43.75 cr) and profit (27.25 cr) over the years.
  1. The stock has a low average ROCE of -4.55%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 25.64, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Eureka Forbes Ltd:
    1. Net Profit Margin: 4.36%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 2.96% (Industry Average ROCE: 14.18%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 2.26% (Industry Average ROE: 11.15%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 12.34
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.37
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 70.6 (Industry average Stock P/E: 58.12)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.01
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Eureka Forbes Ltd. is a Public Limited Listed company incorporated on 26/11/2008 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L27310MH2008PLC188478 and registration number is 188478. Currently Company is involved in the business activities of Manufacture of filtering and purifying machinery or apparatus for liquids and gases. Company's Total Operating Revenue is Rs. 2189.23 Cr. and Equity Capital is Rs. 193.48 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Domestic AppliancesB1/B2, 7th Floor, 701, Marathon Innova, Mumbai Maharashtra 400013compliance@eurekaforbes.com
http://www.eurekaforbes.com
Management
NamePosition Held
Mr. Arvind UppalChairman, Non Ind & Non Exe Director
Mr. Pratik Rashmikant PotaManaging Director & CEO
Mr. Sahil Dilip DalalNon Exe.Non Ind.Director
Mrs. Gurveen SinghIndependent Director
Mr. Vinod RaoIndependent Director
Mr. Homi Adi KatgaraIndependent Director
Mr. Shashank Shankar SamantIndependent Director

FAQ

What is the intrinsic value of Eureka Forbes Ltd?

Eureka Forbes Ltd's intrinsic value (as of 04 April 2025) is ₹313.34 — 39.63% lower the current market price of ₹519.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 10,056 Cr. market cap, FY2025-2026 high/low of ₹648/397, reserves of 4,100 Cr, and liabilities of 6,359 Cr.

What is the Market Cap of Eureka Forbes Ltd?

The Market Cap of Eureka Forbes Ltd is 10,056 Cr..

What is the current Stock Price of Eureka Forbes Ltd as on 04 April 2025?

The current stock price of Eureka Forbes Ltd as on 04 April 2025 is 519.

What is the High / Low of Eureka Forbes Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Eureka Forbes Ltd stocks is ₹648/397.

What is the Stock P/E of Eureka Forbes Ltd?

The Stock P/E of Eureka Forbes Ltd is 70.6.

What is the Book Value of Eureka Forbes Ltd?

The Book Value of Eureka Forbes Ltd is 222.

What is the Dividend Yield of Eureka Forbes Ltd?

The Dividend Yield of Eureka Forbes Ltd is 0.00 %.

What is the ROCE of Eureka Forbes Ltd?

The ROCE of Eureka Forbes Ltd is 3.46 %.

What is the ROE of Eureka Forbes Ltd?

The ROE of Eureka Forbes Ltd is 2.45 %.

What is the Face Value of Eureka Forbes Ltd?

The Face Value of Eureka Forbes Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Eureka Forbes Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE