EN DE
STOCK COMPARISON

Flex Foods vs Modern Dairies: Fair Value & Quality

Both stocks run through our valuation models. Here is how Flex Foods (523672) and Modern Dairies (MODAIRY) compare, as of Oct 4, 2026.

As of Oct 4, 2026, Fair Value Calculator sees Modern Dairies as the less overvalued of the two: Flex Foods trades at ₹50.43 versus a fair value of ₹6.25 (−87.6%), while Modern Dairies trades at ₹53.96 versus ₹12.86 (−76.2%).
Flex Foods
523672.BSE · INR · Consumer Staples
−87.6%
upside to fair value
overvalued
Price₹50.43
Fair Value₹6.25
Quality45/100
Modern Dairies
MODAIRY.BSE · INR · Consumer Staples
−76.2%
upside to fair value
overvalued
Price₹53.96
Fair Value₹12.86
Quality33/100
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

Flex FoodsModern Dairies
Valuation
8.7×P/E (TTM)28.3×
0.92×P/S (TTM)0.49×
7.82×P/B3.12×
23.8×EV/EBITDA14.0×
−87.6%Fair value upside−76.2%
1.5%Dividend yieldn/a
₹0.75Dividend per sharen/a
Profitability
8.2%Operating margin3.6%
n/aReturn on equity10.2%
0.0%Return on assets4.0%
Growth
-13.4%Revenue growth (YoY)16.7%
17.4%Avg. growth/yr (3Y)16.3%
13.0%Avg. growth/yr (5Y)-11.0%
n/aValue creation/yr−1.0%
Balance & size
n/aInterest coverage (EBIT/interest)5.9×
23.19×Debt / equity0.13×
$7MMarket cap$18M
expensiveGrowth qualityweak

Modern Dairies leads: 5 to 6 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.

Flex Foodsof which business quality 37 · market factors 51 Modern Dairiesof which business quality 35 · market factors 61
ProfitabilityMargins and returns on capital today
12
58
Quality GrowthAre margins and returns improving?
81
11
CashflowEarnings quality: real cash, not paper profit
11
11
Fin. StrengthBalance sheet, leverage, solvency risk
0
60
InvestmentDisciplined investing over empire-building
95
61
Low VolatilityCalm price path (market factor)
43
42
MomentumPrice trend over the last 3–12 months (market factor)
58
67
52W MomentumDistance to the 52-week high (market factor)
48
75
Net IssuanceShare count: buybacks or dilution?
82
5

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 familyFlex FoodsPrice ₹50.43Modern DairiesPrice ₹53.96
DCF Modelsn/a−40.4%below the price₹32.14
Earnings-Basedn/a−71.5%below the price₹15.39
Dividend Discount−83.8%below the price₹8.16n/a
Multiples−89.6%below the price₹5.24−44.6%below the price₹29.91
Asset-Based−90.2%below the price₹4.96−78.5%below the price₹11.62
Economic Profitn/a−68.4%below the price₹17.08
Growth Earningsn/a−54.9%below the price₹24.31
Minimum−90.2%below the price₹4.96−78.5%below the price₹11.62
Maximum−83.8%below the price₹8.16−40.4%below the price₹32.14
Median−89.6%below the price₹5.24−61.7%below the price₹20.69
Geometric mean−88.2%below the price₹5.96−62.3%below the price₹20.37

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%.

Flex Foods: 4 of 4 models see the stock below the current price.

Modern Dairies: 13 of 13 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.

Flex Foods
Price ₹50.43
Fair Value ₹6.25
Bear ₹3.63Bull ₹8.29
Modern Dairies
Price ₹53.96
Fair Value ₹12.86
Bear ₹11.47Bull ₹14.76

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.

Flex Foods · Consumer Staples

Quality score45 · bottom 25%
Fair value upside−87.6% · bottom 25%

Modern Dairies · Consumer Staples

Quality score33 · bottom 25%
Fair value upside−76.2% · bottom 25%

Bottom line

As of Oct 4, 2026, Fair Value Calculator sees Modern Dairies as the less overvalued of the two: Flex Foods trades at ₹50.43 versus a fair value of ₹6.25 (−87.6%), while Modern Dairies trades at ₹53.96 versus ₹12.86 (−76.2%).

Flex Foods has the higher quality score (45/100).

Open Modern Dairies 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.