500228 Fair Value & Analysis
Materials · IN · Market cap ₹2.8T
Strengths
Risks
Fair value as of: Aug 22, 2026
From 24 valuation models · updated 2 days ago
A solid business, but screening 17% overvalued on our models.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The model range is unusually wide (₹621.71 to ₹1,937). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.
How to read this chart
60‑month range ₹421.19 – ₹1,312 · fair‑value band ₹621.71 – ₹1,937 · the ₹1,292 price screens above the ₹1,079 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.
Analysis
500228 (500228) currently trades at ₹1,292, while our model-based Fair Value estimate is ₹1,079, implying the stock looks roughly 16.5% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Net debt stands at ₹761B. The stock trades on a trailing P/E of 72.3 (as of Jul 4, 2026). Fundamentals as of Aug 22, 2026
Our scenario range runs from ₹621.71 (bear case) to ₹1,937 (bull case); at ₹1,292, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 3% below its 52-week high and 27% above its 52-week low. For context, the median of 10 Materials peers we cover trades at -22% fair-value upside, at -17%, 500228 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 24 models by family
Widest divergence: Growth Earnings (₹1,689) versus Asset-Based (₹305.11). Highest evidence: Growth DCF (80).
Notify me when 500228 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 56 · Market factors (momentum, volatility) 68
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
500228 reported revenue of ₹1.8T in FY2025 versus ₹1.5T in FY2021, a compound +5.6%/yr. Reported net income was ₹223B in FY2025, compounding +1.9%/yr from FY2021.
500228 screens 17% overvalued. Compare with Nucor Corporation →
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Nucor Corporation NUE | $271.81 | $116.05 | -57% |
| ArcelorMittal S.A MT | €64.18 | €53.35 | -17% |
| Steel Dynamics, Inc STLD | $228.68 | $127.14 | -44% |
| JSW Steel Limited JSWSTEEL | ₹1,296 | ₹1,119 | -14% |
| Tata Steel Limited TATASTEEL | ₹186.20 | ₹145.39 | -22% |
| Reliance, Inc RS | $427.11 | $217.81 | -49% |
| Baoshan Iron & Steel Co 600019 | ¥5.91 | ¥8.07 | +37% |
| POSCO Holdings PKX | $57.09 | $83.53 | +46% |
| Jindal Steel & Power Limited JINDALSTEL | ₹1,114 | ₹429.44 | -61% |
| Lloyds Metals and Energy Limited LLOYDSME | ₹1,891 | ₹793.69 | -58% |
Compare 500228 with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Discover undervalued stocks
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is 500228 overvalued or undervalued?
What is the fair value of 500228?
What is the quality score of 500228?
What is the net profit margin of 500228?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track 500228 and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.