Multi Commodity Exchange

MCX NSE Financial Services Exchange and Data Platform
Nifty 200 Nifty 500 Midcap 50 Midcap 100 Midcap 150 LargeMid 250 F&O
₹3,276.00
-0.73%
Delayed · cached 15 min

Fair value analysis

MCX
Multi Commodity Exchange
Financial ServicesExchange and Data Platform
₹3,300.00
Close used for this calculation
₹2,224.79Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
58/100
Profitability25/25
Returns10/25
Balance Sheet17/25
Efficiency6/25
Growth12/25
Good
Quality radar
58Prof.25/25Ret.10/25Eff.6/25B.Sht17/25Growth12/25

Consensus fair value

₹2,224.79
Above FV
▼ -32.6% against the close used
Model range ₹391.71 – ₹2,548.34
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₹391.71Fair value₹2,224.79Bull₹2,548.34
FairClose
52-week traded range
52W low ₹1,514.1052W high ₹3,441.70

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

Valuation summary

Trading above the consensus fair value

Multi Commodity Exchange closed at ₹3,300.00, 48.3% above the consensus fair value of ₹2,224.79 drawn from 8 valuation models.

Financial DNA score 58/100 — Good. P/E of 54.2x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₹2,322.57
-29.6%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₹391.71
-88.1%
√(22.5 × EPS × BVPS)
EPS=52.22, BVPS=130.59 · outside Graham range (P/E 54.2, P/B 25.3) — asset-light, treat as a rough floor
P/E Fair Value
₹2,548.34
-22.8%
EPS × 48.8x (sector P/E)
EPS=52.22, Sector P/E=48.8x
Peter Lynch (PEG)
₹1,305.50
-60.4%
EPS × Growth% (PEG = 1 is fair)
EPS=52.22, g=25%
EV/EBITDA
₹1,222.86
-62.9%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=17.2B
Book Value (P/B)
₹1,642.16
-50.2%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=130.59, ROE=56.3%, g=6%, r=10%
Reverse DCF
₹3,300.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 22.7% | Historical: 25%
Margin of Safety
₹1,315.66
-60.1%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=1754.21, 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.