Magna Electro Castings Limited (517449) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Magna Electro Castings Limited ₹710, price ₹1,300, upside -45.4%, quality 49 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ₹146.54 – ₹1,484 · fair‑value band ₹497.21 – ₹923.39 · the ₹1,300 price screens above the ₹710.30 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Magna Electro Castings Limited manufactures and sells ductile and gray iron castings in India. The company operates in two segments, Foundry and Wind Energy.
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Magna Electro Castings Limited manufactures and sells ductile and gray iron castings in India. The company operates in two segments, Foundry and Wind Energy. The Foundry segment offers castings, including bearing caps, frame heads, linear yokes, pedestals, push rods, valves, and valves bodies; machining consisting of diffusers, upper covers, sliding sleeves, air manifoders, axial bearings, bearing caps, rocker brackets, and coupling yokes; and austempered ductile iron parts, brg brush with steamless tube pipes, exhaust manifolds, journal box adaptors, turbo charge castings, and ductile iron valve with SS rings. The Wind Energy segment is involved in the generation of wind energy. It also exports its castings. Magna Electro Castings Limited was incorporated in 1990 and is headquartered in Coimbatore, India.
Stock analysis
Magna Electro Castings Limited (517449) currently trades at ₹1,300, while our model-based Fair Value estimate is ₹710.30, 45.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹710.30 per share, and 0 of the 16 models we run sit above the ₹1,300 price.
Bear case: the Dividend Discount group reads lowest at ₹83.81, and 16 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹497.21 (bear) to ₹923.39 (bull), the price of ₹1,300 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 49/100 (below-average quality), in the Industrial Goods sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Magna Electro Castings Limited reported revenue of ₹2.0B in FY2026 versus ₹1.4B in FY2022, a compound +9.8%/yr. Reported net income was ₹185M in FY2026, compounding +24.3%/yr from FY2022.
Key figures
Market cap ₹680M (≈ $7.1M) · P/E ratio 12.1 · P/S ratio 1.14 · EPS (TTM) ₹13.21 · Dividend yield 1.5% · Net margin 9.4% · Return on assets (EBIT) 13.8% · Operating margin 6.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 75% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrial Goods peers we cover trades at −57% fair-value upside, at −45%, 517449 screens cheaper than that median.
Fair Value models
Bear ₹497.21Fair Value ₹710.30Bull ₹923.39
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹5.46 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+11.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.0%
Start year 2021 (pandemic). Over 10 years: +7.7% a year
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.3%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+26.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+24.5%
Dividend (yield on the price)1.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.24.5% vs 10.6%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 12%
Compare Magna Electro Castings Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Metal Fabrication · 252 stocks
Beats the industry median on 5/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside−37.4% · Below median
Profitability
Return on assets0.0% · Below median
Net margin (TTM)7.1% · Above median
Operating margin (TTM)6.4% · Above median
Growth and dividend
Revenue growth−39.7% · Bottom 25%
Dividend yield (TTM)1.5% · Above median
Balance sheet
Debt / equity0.08× · Below median
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
P/E (TTM)12.1× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 53
PAST (return on equity)0· sector 23
HEALTH (low debt)96· sector 95
DIVIDEND (yield)31· sector 24
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Magna Electro Castings Limited (517449) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ₹710.30 versus a price of ₹1,300, about −45% upside (overvalued).
What is the fair value of 517449?
Our model-based fair value for Magna Electro Castings Limited is ₹710.30 (as of Sep 24, 2026), built from audited fundamentals. The current price: ₹1,300.
What is the quality score of 517449?
Magna Electro Castings Limited has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Magna Electro Castings Limited (517449)?
Our model-based price target is the fair value of ₹710.30 (as of Sep 24, 2026) from 16 valuation models. Cautious scenario ₹497.21, optimistic scenario ₹923.39. It is a calculation from audited fundamentals, not an analyst target.
What is the Magna Electro Castings Limited stock forecast for 2026?
Our models put fair value at ₹710.30, about −45% upside versus a price of ₹1,300 (overvalued). Cautious scenario ₹497.21, optimistic scenario ₹923.39. The calculation is refreshed regularly with new filings.
What is the revenue of Magna Electro Castings Limited (517449)?
Magna Electro Castings Limited reported trailing-twelve-month revenue of about ₹849M (latest available figure, as of Sep 24, 2026).
Does Magna Electro Castings Limited pay a dividend?
Magna Electro Castings Limited currently shows a dividend yield of about 1.54% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Magna Electro Castings Limited (517449)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Magna Electro Castings Limited it is ₹710.30 per share (as of Sep 24, 2026), against a price of ₹1,300. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Magna Electro Castings Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 517449 trades above its calculated fair value: price ₹1,300, fair value ₹710.30, a gap of about −45% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 517449?
No. The price is what the market pays today (₹1,300); the fair value is what the company's own numbers justify (₹710.30). For Magna Electro Castings Limited the two are ₹590.05 per share apart. That gap is exactly why we show both numbers side by side.
How much is Magna Electro Castings Limited worth?
The market values Magna Electro Castings Limited at about ₹680M (market capitalisation, as of Sep 24, 2026). Per share that is ₹1,300; our models calculate a fair value of ₹710.30 per share.
What do the bullish and bearish scenarios say about 517449?
Our models span a range for Magna Electro Castings Limited: cautious scenario ₹497.21, base ₹710.30, optimistic ₹923.39 per share (as of Sep 24, 2026, price ₹1,300). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 517449?
Magna Electro Castings Limited trades at a price-to-earnings ratio of 12.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹710.30 is built from several models across several years.
How solid is the balance sheet of Magna Electro Castings Limited (517449)?
Balance-sheet figures for Magna Electro Castings Limited (as of Sep 24, 2026): debt of 0.08 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is 517449 from its 52-week high?
Magna Electro Castings Limited trades at ₹1,300, about 12% below its 52-week high of ₹1,484 and 75% above the low of ₹741.45 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹710.30 is for.
Which stocks are comparable to Magna Electro Castings Limited?
From the same area (Industrial Goods) we also value ATI Inc, Carpenter Technology Corporation, Mueller Industries, Inc, Bharat Forge Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Magna Electro Castings Limited stock attractive at the current price?
The data as of Sep 24, 2026: price ₹1,300, calculated fair value ₹710.30 (−45%), Quality Score 49/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 517449 calculated?
We run Magna Electro Castings Limited through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹710.30, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Magna Electro Castings Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Magna Electro Castings Limited (517449)?
The closing price on Oct 1, 2026 was ₹1,300. Our model-based fair value is ₹710.30, about −45% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Magna Electro Castings Limited right now?
The price sits above even our optimistic bull case (₹923.39). The favourable scenario is already priced in. Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹497.21 to ₹923.39) leaves room in how you read the outcome.
Key figures of Magna Electro Castings Limited
How large is the market capitalisation of Magna Electro Castings Limited (517449)?
The market capitalisation of Magna Electro Castings Limited is ₹680M (≈ $7.1M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Magna Electro Castings Limited (517449)?
The price-to-sales ratio of Magna Electro Castings Limited is 1.14 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Magna Electro Castings Limited (517449)?
Earnings per share at Magna Electro Castings Limited are ₹13.21 (price ÷ EPS = P/E 12.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Magna Electro Castings Limited (517449)?
The dividend yield of Magna Electro Castings Limited is 1.5% (payout 152%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Magna Electro Castings Limited (517449)?
The net margin of Magna Electro Castings Limited is 9.4% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Magna Electro Castings Limited (517449)?
On an EBIT basis the return on assets of Magna Electro Castings Limited is 13.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Magna Electro Castings Limited (517449)?
The operating margin of Magna Electro Castings Limited is 6.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Magna Electro Castings Limited (517449)?
Revenue at Magna Electro Castings Limited is growing −39.7% versus a year earlier (3y avg +6.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Magna Electro Castings Limited (517449)?
Earnings per share at Magna Electro Castings Limited are growing −29.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Magna Electro Castings Limited (517449) generate?
The free cash flow of Magna Electro Castings Limited is −₹358M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Magna Electro Castings Limited (517449) carry?
The net debt of Magna Electro Castings Limited is ₹123M (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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