Happy Forgings Limited
₹2,169.00
-2.88%
Delayed · cached 15 min
Fair value analysis
HAPPYFORGE
Happy Forgings Limited
₹2,233.40
Close used for this calculation
₹785.82Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
40/100
Quality radar
Consensus fair value
₹785.82
Above FV▼ -64.8% against the close used
Model range ₹354.87 – ₹960.70
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₹354.87Fair value₹785.82Bull₹960.70
FairClose
52-week traded range
52W low ₹901.6052W high ₹2,420.40
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading above the consensus fair value
Happy Forgings Limited closed at ₹2,233.40, 184.2% above the consensus fair value of ₹785.82 drawn from 9 valuation models.
Financial DNA score 40/100 — Average. P/E of 62.5x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
₹634.57
-71.6%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₹426.30
-80.9%
√(22.5 × EPS × BVPS)
EPS=31.97, BVPS=252.65 · outside Graham range (P/E 62.5, P/B 8.8) — asset-light, treat as a rough floor
Graham Formula
₹911.37
-59.2%
EPS × (8.5 + 2g) × 6.5 ÷ FD_Rate
g=11.1%, FD=7%
P/E Fair Value
₹960.70
-57.0%
EPS × 30.05x (sector P/E)
EPS=31.97, Sector P/E=30.05x
Peter Lynch (PEG)
₹354.87
-84.1%
EPS × Growth% (PEG = 1 is fair)
EPS=31.97, g=11.1%
EV/EBITDA
₹914.05
-59.1%
(EBITDA × 15.6x − Net Debt) ÷ Shares
EBITDA=5.6B
Book Value (P/B)
₹568.46
-74.5%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=252.65, ROE=15%, g=6%, r=10%
Reverse DCF
₹2,233.40
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 24.1% | Historical: 11.1%
Margin of Safety
₹549.93
-75.4%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=733.24, 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.