EN DE
STOCK COMPARISON

Stovec Industries vs Bajaj Steel Industries: Fair Value & Quality

Both stocks run through our valuation models. Here is how Stovec Industries (504959) and Bajaj Steel Industries (BAJAJST) compare, as of Oct 3, 2026.

As of Oct 3, 2026, Fair Value Calculator sees Bajaj Steel Industries as the less overvalued of the two: Stovec Industries trades at ₹1,602 versus a fair value of ₹432 (−73.1%), while Bajaj Steel Industries trades at ₹334 versus ₹189 (−43.5%).
Stovec Industries
504959.BSE · INR · Industrials
−73.1%
upside to fair value
overvalued
Price₹1,602
Fair Value₹432
Quality62/100
Bajaj Steel Industries
BAJAJST.BSE · INR · Industrials
−43.5%
upside to fair value
overvalued
Price₹334
Fair Value₹189
Quality47/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Stovec IndustriesBajaj Steel Industries
Valuation
25.9×P/E (TTM)23.3×
2.25×P/S (TTM)1.30×
2.80×P/B1.64×
13.7×EV/EBITDA12.4×
−73.1%Fair value upside−43.5%
3.7%Dividend yield0.3%
₹60.00Dividend per share₹1.00
Profitability
12.8%Operating margin0.8%
0.25×EBIT margin trend (5Y)0.46×
15.0%Return on equity9.1%
8.0%Return on assets4.1%
Growth
-67.2%Revenue growth (YoY)11.9%
-5.6%Avg. growth/yr (3Y)-0.8%
5.6%Avg. growth/yr (5Y)0.8%
−20.7%Value creation/yr−10.6%
Balance & size
190.9×Interest coverage (EBIT/interest)8.4×
n/aDebt / equity0.04×
$38MMarket cap$72M
weakGrowth qualityweak

Bajaj Steel Industries leads: 5 to 8 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Stovec Industriesof which business quality 58 · market factors 39 Bajaj Steel Industriesof which business quality 50 · market factors 28
ProfitabilityMargins and returns on capital today
56
48
Quality GrowthAre margins and returns improving?
28
8
CashflowEarnings quality: real cash, not paper profit
10
46
Fin. StrengthBalance sheet, leverage, solvency risk
92
75
InvestmentDisciplined investing over empire-building
100
28
Low VolatilityCalm price path (market factor)
77
64
MomentumPrice trend over the last 3–12 months (market factor)
30
17
52W MomentumDistance to the 52-week high (market factor)
14
5
Net IssuanceShare count: buybacks or dilution?
82
82

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyStovec IndustriesPrice ₹1,602Bajaj Steel IndustriesPrice ₹334
DCF Models−52.5%below the price₹761−38.3%below the price₹206
Earnings-Based−79.6%below the price₹327−41.4%below the price₹196
Multiples−64.9%below the price₹5620%close to the price₹335
Asset-Based−73.6%below the price₹423−59.2%below the price₹137
Growth DCFn/a−50.7%below the price₹165
Economic Profit−77.1%below the price₹366−52.2%below the price₹160
Growth Earnings−67.0%below the price₹528−13.7%close to the price₹289
Minimum−79.6%below the price₹327−59.2%below the price₹137
Maximum−52.5%below the price₹7610%close to the price₹335
Median−70.3%below the price₹476−41.4%below the price₹196
Geometric mean−70.4%below the price₹475−39.4%below the price₹203

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Stovec Industries: 13 of 13 models see the stock below the current price.

Bajaj Steel Industries: 18 of 21 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Stovec Industries
Price ₹1,602
Fair Value ₹432
Bear ₹302Bull ₹469
Bajaj Steel Industries
Price ₹334
Fair Value ₹189
Bear ₹131Bull ₹258

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Stovec Industries · Industrials

Quality score62 · Top 25%
Fair value upside−73.1% · bottom 25%

Bajaj Steel Industries · Industrials

Quality score47 · below median
Fair value upside−43.5% · below median

Bottom line

As of Oct 3, 2026, Fair Value Calculator sees Bajaj Steel Industries as the less overvalued of the two: Stovec Industries trades at ₹1,602 versus a fair value of ₹432 (−73.1%), while Bajaj Steel Industries trades at ₹334 versus ₹189 (−43.5%).

Stovec Industries has the higher quality score (62/100).

Open Bajaj Steel Industries live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.