Ice Make Refrigerat Ltd

ICEMAKE NSE Industrials Industrial Products
₹730.00
+0.29%
Delayed · cached 15 min

Fair value analysis

ICEMAKE
Ice Make Refrigerat Ltd
IndustrialsIndustrial Products
₹727.90
Close used for this calculation
₹290.75Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
29/100
Profitability17/25
Returns3/25
Balance Sheet3/25
Efficiency6/25
Growth12/25
Weak
Quality radar
29Prof.17/25Ret.3/25Eff.6/25B.Sht3/25Growth12/25

Consensus fair value

₹290.75
Above FV
▼ -60.1% against the close used
Model range ₹72.01 – ₹605.32
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₹72.01Fair value₹290.75Bull₹605.32
FairClose
52-week traded range
52W low ₹665.4052W high ₹885.95

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

Valuation summary

Trading above the consensus fair value

Ice Make Refrigerat Ltd closed at ₹727.90, 150.4% above the consensus fair value of ₹290.75 drawn from 9 valuation models.

Financial DNA score 29/100 — Weak. P/E of 96.2x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₹153.43
-78.9%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₹119.81
-83.5%
√(22.5 × EPS × BVPS)
EPS=7.73, BVPS=82.53 · outside Graham range (P/E 96.2, P/B 8.8) — asset-light, treat as a rough floor
Graham Formula
₹348.13
-52.2%
EPS × (8.5 + 2g) × 6.5 ÷ FD_Rate
g=20%, FD=7%
P/E Fair Value
₹269.78
-62.9%
EPS × 34.9x (sector P/E)
EPS=7.73, Sector P/E=34.9x
Peter Lynch (PEG)
₹193.25
-73.5%
EPS × Growth% (PEG = 1 is fair)
EPS=7.73, g=25%
EV/EBITDA
₹605.32
-16.8%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=620M
Book Value (P/B)
₹72.01
-90.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=82.53, ROE=9.5%, g=6%, r=10%
Reverse DCF
₹727.90
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 28.3% | Historical: 25%
Margin of Safety
₹167.09
-77.0%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=222.79, 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.