AJCON GLOBAL SERVICES LTD. (AJCON) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of AJCON GLOBAL SERVICES LTD. ₹2.41, price ₹5.64, upside -57.3%, quality 51 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 27, 2026.
How to read this chart
60‑month range ₹1.81 – ₹14.26 · the ₹5.64 price screens above the ₹2.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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AJCON GLOBAL SERVICES LTD. (AJCON) currently trades at ₹5.64, while our model-based Fair Value estimate is ₹2.41, 57.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ₹2.78 per share, and 0 of the 4 models we run sit above the ₹5.64 price.
Bear case: the Multiples group reads lowest at ₹0.4800, and 4 of the 4 models stay below the price. Evidence for this calculation is low.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Financials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
AJCON GLOBAL SERVICES LTD. reported revenue of ₹351M in FY2026 versus ₹415M in FY2022, a compound −4.1%/yr. Reported net income was ₹2.3M in FY2026, compounding −43.2%/yr from FY2022.
Key figures
Market cap ₹345M (≈ $3.6M) · P/E ratio 188.0 · P/S ratio 1.22 · EPS (TTM) ₹0.0300 · Net margin 0.6% · Return on equity 0.9% · Return on assets (EBIT) 4.3% · Operating margin 10.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 42% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financials peers we cover trades at 13% fair-value upside, at −57%, AJCON screens richer than that median.
Fair Value models
Bear ₹2.41Fair Value ₹2.41Bull ₹2.41
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 (₹0.0153 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.20/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+111.3%
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.
+60.4%
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.
−6.0%
Start year 2021 (pandemic)
Revenue growth 7 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.
+41.2%
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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.
−58.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−58.6%
Dividend (yield on the price)0.0%
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.3% → −1%
⚠ Revenue per share shrinking 42.8%/yr over ~5Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare AJCON GLOBAL SERVICES LTD. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Investment Banking & Brokerage” was too small, so the broader sector is used.)Financials · 3220 stocks
Beats the sector median on 2/12 measures
Overall it trails its sector peers.
Valuation
Quality Score49 · Below median
Fair Value upside−57.3% · Bottom 25%
Profitability
Return on equity (TTM)0.9% · Bottom 25%
Return on assets0.6% · Below median
Net margin (TTM)0.7% · Bottom 25%
Operating margin (TTM)10.6% · Bottom 25%
Growth and dividend
Revenue growth13.2% · Above median
Balance sheet
Debt / equity0.31× · Above median
Valuation Multiplesvs Financials median · lower = cheaper
P/E (TTM)188.0× · Priciest 25%
P/B1.36× · Pricier than median
P/S (TTM)0.96× · Cheapest 25%
EV/EBITDA21.9× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 25
FUTURE (revenue growth)66· sector 47
PAST (return on equity)4· sector 38
HEALTH (low debt)84· sector 87
DIVIDEND (yield)0· sector 59
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.
Cite: Fair Value Calculator (2026). "AJCON GLOBAL SERVICES LTD. Fair Value". https://www.fairvalue-calculator.com/stock/AJCON
Frequently asked questions
Is AJCON GLOBAL SERVICES LTD. (AJCON) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹2.41 versus a price of ₹5.64, about −57% upside (overvalued).
What is the fair value of AJCON?
Our model-based fair value for AJCON GLOBAL SERVICES LTD. is ₹2.41 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹5.64.
What is the quality score of AJCON?
AJCON GLOBAL SERVICES LTD. has a Quality Score of 51/100. 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 AJCON GLOBAL SERVICES LTD. (AJCON)?
Our model-based price target is the fair value of ₹2.41 (as of Sep 27, 2026) from 4 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the AJCON GLOBAL SERVICES LTD. stock forecast for 2026?
Our models put fair value at ₹2.41, about −57% upside versus a price of ₹5.64 (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of AJCON GLOBAL SERVICES LTD. (AJCON)?
AJCON GLOBAL SERVICES LTD. reported trailing-twelve-month revenue of about ₹361M (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of AJCON GLOBAL SERVICES LTD. (AJCON)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AJCON GLOBAL SERVICES LTD. it is ₹2.41 per share (as of Sep 27, 2026), against a price of ₹5.64. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is AJCON GLOBAL SERVICES LTD. stock overvalued or undervalued in 2026?
As of Sep 27, 2026, AJCON trades above its calculated fair value: price ₹5.64, fair value ₹2.41, a gap of about −57% (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 AJCON?
No. The price is what the market pays today (₹5.64); the fair value is what the company's own numbers justify (₹2.41). For AJCON GLOBAL SERVICES LTD. the two are ₹3.23 per share apart. That gap is exactly why we show both numbers side by side.
How much is AJCON GLOBAL SERVICES LTD. worth?
The market values AJCON GLOBAL SERVICES LTD. at about ₹345M (market capitalisation, as of Sep 27, 2026). Per share that is ₹5.64; our models calculate a fair value of ₹2.41 per share.
What is the P/E ratio of AJCON?
AJCON GLOBAL SERVICES LTD. trades at a price-to-earnings ratio of 188.0 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹2.41 is built from several models across several years. Other multiples: P/B 1.4, P/S 1.0, EV/EBITDA 21.9.
How solid is the balance sheet of AJCON GLOBAL SERVICES LTD. (AJCON)?
Balance-sheet figures for AJCON GLOBAL SERVICES LTD. (as of Sep 27, 2026): return on equity 0.9%, debt of 0.31 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is AJCON from its 52-week high?
AJCON GLOBAL SERVICES LTD. trades at ₹5.64, about 42% below its 52-week high of ₹9.69 and 5% above the low of ₹5.37 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹2.41 is for.
Which stocks are comparable to AJCON GLOBAL SERVICES LTD.?
From the same area (Financials) we also value MADHUSE, MKTCREAT, MODRNSH, IM+ Capitals 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 AJCON GLOBAL SERVICES LTD. stock attractive at the current price?
The data as of Sep 27, 2026: price ₹5.64, calculated fair value ₹2.41 (−57%), Quality Score 51/100, from 4 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 AJCON calculated?
We run AJCON GLOBAL SERVICES LTD. through 4 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 ₹2.41, 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. AJCON GLOBAL SERVICES LTD. 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 AJCON GLOBAL SERVICES LTD. (AJCON)?
The closing price on Oct 1, 2026 was ₹5.64. Our model-based fair value is ₹2.41, about −57% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with AJCON GLOBAL SERVICES LTD. right now?
The price sits above even our optimistic bull case (₹2.41). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of AJCON GLOBAL SERVICES LTD.
How large is the market capitalisation of AJCON GLOBAL SERVICES LTD. (AJCON)?
The market capitalisation of AJCON GLOBAL SERVICES LTD. is ₹345M (≈ $3.6M). 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 AJCON GLOBAL SERVICES LTD. (AJCON)?
The price-to-sales ratio of AJCON GLOBAL SERVICES LTD. is 1.22 (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 AJCON GLOBAL SERVICES LTD. (AJCON)?
Earnings per share at AJCON GLOBAL SERVICES LTD. are ₹0.0300 (price ÷ EPS = P/E 188.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of AJCON GLOBAL SERVICES LTD. (AJCON)?
The net margin of AJCON GLOBAL SERVICES LTD. is 0.6% (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 return on equity of AJCON GLOBAL SERVICES LTD. (AJCON)?
The return on equity (ROE) of AJCON GLOBAL SERVICES LTD. is 0.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of AJCON GLOBAL SERVICES LTD. (AJCON)?
On an EBIT basis the return on assets of AJCON GLOBAL SERVICES LTD. is 4.3% (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 AJCON GLOBAL SERVICES LTD. (AJCON)?
The operating margin of AJCON GLOBAL SERVICES LTD. is 10.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AJCON GLOBAL SERVICES LTD. (AJCON)?
Revenue at AJCON GLOBAL SERVICES LTD. is growing +13.2% versus a year earlier (3y avg +60.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does AJCON GLOBAL SERVICES LTD. (AJCON) generate?
The free cash flow of AJCON GLOBAL SERVICES LTD. is −₹7.3M (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 AJCON GLOBAL SERVICES LTD. (AJCON) carry?
The net debt of AJCON GLOBAL SERVICES LTD. is ₹90.1M (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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