Ajax Engineering Limited

AJAXENGG NSE Industrials Construction Vehicles
₹590.60
+0.19%
Delayed · cached 15 min

Fair value analysis

AJAXENGG
Ajax Engineering Limited
IndustrialsConstruction Vehicles
₹589.50
Close used for this calculation
₹451.01Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
38/100
Profitability8/25
Returns10/25
Balance Sheet14/25
Efficiency6/25
Growth0/25
Average
Quality radar
38Prof.8/25Ret.10/25Eff.6/25B.Sht14/25Growth0/25

Consensus fair value

₹451.01
Above FV
▼ -23.5% against the close used
Model range ₹234.67 – ₹606.14
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear₹234.67Fair value₹451.01Bull₹606.14
FairClose
52-week traded range
52W low ₹404.1052W high ₹682.50

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

Ajax Engineering Limited closed at ₹589.50, 30.7% above the consensus fair value of ₹451.01 drawn from 7 valuation models.

Financial DNA score 38/100 — Average. P/E of 29.4x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₹572.30
-2.9%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
₹234.67
-60.2%
√(22.5 × EPS × BVPS)
EPS=19.68, BVPS=124.37 · outside Graham range (P/E 29.4, P/B 4.7) — asset-light, treat as a rough floor
P/E Fair Value
₹606.14
+2.8%
EPS × 30.8x (sector P/E)
EPS=19.68, Sector P/E=30.8x
EV/EBITDA
₹240.62
-59.2%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=2.76B
Book Value (P/B)
₹262.95
-55.4%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=124.37, ROE=17.8%, g=3%, r=10%
Reverse DCF
₹589.50
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 12.6% | Historical: 0%
Margin of Safety
₹353.28
-40.1%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=471.04, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.