ATAM VALVES ORD (BSE) (ATAM) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of ATAM VALVES ORD (BSE) stock ₹35.48, price ₹52.57, that is 32.5% below the price, quality 37 out of 100. Rating: overvalued. Calculated from audited financials with 17 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.
How to read this chart
42‑month range ₹49.07 – ₹250.95 · fair‑value band ₹25.03 – ₹55.31 · the ₹52.57 price screens above the ₹35.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.
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Atam Valves Limited manufactures and sells valves, fittings, steam traps, and strainers in India, Nepal, Indonesia, South Africa, Dubai, and internationally.
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The company offers cocks and boiler mountings; air, ball, butterfly, check, foot, gate, globe, needle, non-return, parallel slide blow off, plug, pressure reducing, safety, steam stop, drop forged stainless steel needle valve, screwed ends, steel and high-pressure steel fittings; fusible plugs; moisture separators; sight flow; and water level gauges.
It serves the oil and gas refinery, petrochemical, power generation plant, boiler manufacturing, power transformer manufacturing, sugar, textile, rubber, pharmaceutical, chemical, fertilizer, paper, processing, marine and ship building, infrastructure and household, and plumbing industries.
The company sells its products under the ATAM and FEBI brands through dealers. Atam Valves Limited was founded in 1972 and is headquartered in Jalandhar, India.
Stock analysis
ATAM VALVES ORD (BSE) (ATAM) currently trades at ₹52.57, while our model-based Fair Value estimate is ₹35.48, 33% 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 ₹45.30 per share, and 2 of the 17 models we run sit above the ₹52.57 price.
Bear case: the Dividend Discount group reads lowest at ₹11.55, and 15 of the 17 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹25.03 (bear) to ₹55.31 (bull), the price of ₹52.57 sits inside 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 37/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
ATAM VALVES ORD (BSE) reported revenue of ₹473M in FY2026 versus ₹203M in FY2022, a compound +23.6%/yr. Reported net income was ₹24.2M in FY2026, compounding +15.3%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹607M (≈ $6.5M) Micro · P/E ratio 33.1 · P/S ratio 1.29 · EPS (TTM) ₹1.59 · Dividend yield 0.7% · Net margin 3.8% · Return on equity 6.5% · Return on assets (EBIT) 18.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −47% fair-value upside, at −33%, ATAM screens cheaper than that median.
Fair Value models
Bear₹25.03Fair Value ₹35.48Bull₹55.31
Price ₹52.57 · Downside -32.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹0.7644 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.Coverage ⓘCoverage = 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
−21.8%
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.
−1.2%
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.
+20.9%
Start year 2021 (pandemic)
Revenue growth 9 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.
+13.1%
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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.
+11.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.2%
Dividend (yield on the price)0.7%
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.11.2% vs 20.1%, slowing
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.10% → 9%
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.Specialty Industrial Machinery · 845 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score37 · Bottom 25%
Fair Value upside−32.5% · Below median
Profitability
Return on equity (12 months)6.5% · Below median
Return on assets4.2% · Above median
Net margin (12 months)3.8% · Below median
Operating margin (12 months)7.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)−0.7% · Below median
Dividend yield (12 months)0.7% · Below median
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (12 months)33.1× · Pricier than median
P/B1.60× · Cheaper than median
P/S (12 months)1.29× · Cheaper than median
EV/EBITDA15.1× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 30
PAST (return on equity)26· sector 27
HEALTH (low debt)99· sector 95
DIVIDEND (yield)13· sector 28
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). "ATAM VALVES ORD (BSE) Fair Value". https://www.fairvalue-calculator.com/stock/ATAM
Frequently asked questions
Is ATAM VALVES ORD (BSE) (ATAM) overvalued or undervalued?
As of Nov 10, 2026, our model estimates a fair value of ₹35.48 versus a price of ₹52.57, about 33% lower (overvalued).
What is the fair value of ATAM?
Our model-based fair value for ATAM VALVES ORD (BSE) is ₹35.48 (as of Nov 10, 2026), built from audited fundamentals. The current price: ₹52.57.
What is the quality score of ATAM?
ATAM VALVES ORD (BSE) has a Quality Score of 37/100. 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 ATAM VALVES ORD (BSE) (ATAM)?
Our model-based price target is the fair value of ₹35.48 (as of Nov 10, 2026) from 17 valuation models. Cautious scenario ₹25.03, optimistic scenario ₹55.31. It is a calculation from audited fundamentals, not an analyst target.
What is the ATAM VALVES ORD (BSE) stock forecast for 2026?
Our models put fair value at ₹35.48, about 33% lower versus a price of ₹52.57 (overvalued). Cautious scenario ₹25.03, optimistic scenario ₹55.31. The calculation is refreshed regularly with new filings.
What is the revenue of ATAM VALVES ORD (BSE) (ATAM)?
ATAM VALVES ORD (BSE) reported trailing-twelve-month revenue of about ₹472M (latest available figure, as of Nov 10, 2026).
Does ATAM VALVES ORD (BSE) pay a dividend?
ATAM VALVES ORD (BSE) currently shows a dividend yield of 0.67% relative to its recent price (as of Nov 10, 2026).
How much is the dividend of ATAM VALVES ORD (BSE) (ATAM) and when is the ex-dividend date?
ATAM VALVES ORD (BSE) pays a dividend of ₹0.35 per share a year, a dividend yield of 0.7%. The last ex-dividend date was Sep 16, 2026. The payout ratio is 22.0% of earnings. Our assessment: Token dividend. At a yield of 0.7% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.7% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of ATAM VALVES ORD (BSE) (ATAM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ATAM VALVES ORD (BSE) it is ₹35.48 per share (as of Nov 10, 2026), against a price of ₹52.57. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is ATAM VALVES ORD (BSE) stock overvalued or undervalued in 2026?
As of Nov 10, 2026, ATAM trades above its calculated fair value: price ₹52.57, fair value ₹35.48, a gap of about −33% (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 ATAM?
No. The price is what the market pays today (₹52.57); the fair value is what the company's own numbers justify (₹35.48). For ATAM VALVES ORD (BSE) the two are ₹17.09 per share apart. That gap is exactly why we show both numbers side by side.
How much is ATAM VALVES ORD (BSE) worth?
The market values ATAM VALVES ORD (BSE) at about ₹607M (market capitalisation, as of Nov 10, 2026). Per share that is ₹52.57; our models calculate a fair value of ₹35.48 per share.
What do the bullish and bearish scenarios say about ATAM?
Our models span a range for ATAM VALVES ORD (BSE): cautious scenario ₹25.03, base ₹35.48, optimistic ₹55.31 per share (as of Nov 10, 2026, price ₹52.57). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ATAM?
ATAM VALVES ORD (BSE) trades at a price-to-earnings ratio of 33.1 (as of Nov 10, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹35.48 is built from several models across several years. Other multiples: P/B 1.6, P/S 1.3, EV/EBITDA 15.1.
How solid is the balance sheet of ATAM VALVES ORD (BSE) (ATAM)?
Balance-sheet figures for ATAM VALVES ORD (BSE) (as of Nov 10, 2026): return on equity 6.5%, debt of 0.01 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is ATAM from its 52-week high?
ATAM VALVES ORD (BSE) trades at ₹52.57, about 45% below its 52-week high of ₹94.94 and 7% above the low of ₹49.07 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ₹35.48 is for.
Which stocks are comparable to ATAM VALVES ORD (BSE)?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin Corporation, 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 ATAM VALVES ORD (BSE) stock attractive at the current price?
The data as of Nov 10, 2026: price ₹52.57, calculated fair value ₹35.48 (−33%), Quality Score 37/100, from 17 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 ATAM calculated?
We run ATAM VALVES ORD (BSE) through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ₹35.48 builds on their evidence-weighted average, 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 15.1% above its aggregate fair value. ATAM VALVES ORD (BSE) 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 ATAM VALVES ORD (BSE) (ATAM)?
The closing price on Nov 9, 2026 was ₹52.57. Our model-based fair value is ₹35.48, about 33% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ATAM VALVES ORD (BSE) right now?
Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (₹25.03 to ₹55.31) leaves room in how you read the outcome.
Key figures of ATAM VALVES ORD (BSE)
How large is the market capitalisation of ATAM VALVES ORD (BSE) (ATAM)?
The market capitalisation of ATAM VALVES ORD (BSE) is ₹607M (≈ $6.5M). 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 ATAM VALVES ORD (BSE) (ATAM)?
The price-to-sales ratio of ATAM VALVES ORD (BSE) is 1.29 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ATAM VALVES ORD (BSE) (ATAM)?
Earnings per share at ATAM VALVES ORD (BSE) are ₹1.59 (price ÷ EPS = P/E 33.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ATAM VALVES ORD (BSE) (ATAM)?
The dividend yield of ATAM VALVES ORD (BSE) is 0.7% (payout 22.0%). 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 ATAM VALVES ORD (BSE) (ATAM)?
The net margin of ATAM VALVES ORD (BSE) is 3.8% (last twelve months). 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 ATAM VALVES ORD (BSE) (ATAM)?
The return on equity (ROE) of ATAM VALVES ORD (BSE) is 6.5% (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 ATAM VALVES ORD (BSE) (ATAM)?
On an EBIT basis the return on assets of ATAM VALVES ORD (BSE) is 18.9% (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 ATAM VALVES ORD (BSE) (ATAM)?
The operating margin of ATAM VALVES ORD (BSE) is 7.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ATAM VALVES ORD (BSE) (ATAM)?
Revenue at ATAM VALVES ORD (BSE) is growing −0.7% versus a year earlier (3y avg −1.2%). 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 ATAM VALVES ORD (BSE) (ATAM)?
Earnings per share at ATAM VALVES ORD (BSE) are growing −49.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ATAM VALVES ORD (BSE) (ATAM) generate?
The free cash flow of ATAM VALVES ORD (BSE) is −₹9.7M (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 ATAM VALVES ORD (BSE) (ATAM) carry?
The net debt of ATAM VALVES ORD (BSE) is ₹137M (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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Nov 10, 2026