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Faze Three Limited (FAZE3Q) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹15.2B

FT Faze Three Limited FAZE3Q · NSE
Price₹543.05
Fair Value₹276.17
Upside-49.1%
Quality46/100
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Expensive Growth
Thin margins · 3.6% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/12)
Narrow moat 36/100
Evidence: High Range ₹180.11 – ₹372.23 Share as image

Fair value as of: Aug 2, 2026

From 16 valuation models · updated 11 days ago

Share price −8.6% over the past month.

Below-average quality, and screening another 49% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹372.23). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹180.11 to ₹372.23) leaves room in how you read the outcome.
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Price vs Fair Value (4 years)

₹734.80 ₹254.05 Fair Value ₹276.17 Nov 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

45‑month range ₹254.05 – ₹734.80 · fair‑value band ₹180.11 – ₹372.23 · the ₹543.05 price screens above the ₹276.17 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Faze Three Limited (FAZE3Q) currently trades at ₹543.05, while our model-based Fair Value estimate is ₹276.17, implying the stock looks roughly 49.1% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical 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).

Over the trailing twelve months, Faze Three Limited generated revenue of ₹9.2B at a net margin of 3.6%. Revenue grew 31.6% year over year. It earns a return on equity of 7.7%. Net debt stands at ₹2.6B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹180.11 (bear case) to ₹372.23 (bull case); at ₹543.05, the current price sits above 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 27% below its 52-week high and 69% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -3% fair-value upside, at -49%, FAZE3Q screens richer 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.

Model 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. Evidence
Highest evidence
Residual Income ₹151.92 ₹160.54 ₹176.63 76
ROIC Compounder ₹159.14 ₹189.00 ₹249.62 72
Gordon GGM ₹4.58 ₹9.52 ₹15.10 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹94.05 ₹484.16 ₹669.29 54
Lynch FV ₹132.16 ₹188.80 ₹245.44 50
PEG = 1.0 ₹132.16 ₹188.80 ₹245.44 46
EPV ₹159.14 ₹187.48 ₹212.28 59
Dividend Discount
Gordon GGM ₹4.58 ₹9.52 ₹15.10 70
DDM Multi-Stage ₹4.58 ₹8.03 ₹9.99 61
Multiples
P/E Multiple ₹228.22 ₹304.29 ₹380.36 63
P/S Multiple ₹176.35 ₹235.13 ₹293.92 58
P/B Multiple ₹176.35 ₹235.13 ₹293.92 55
EV/EBIT ₹277.25 ₹373.31 ₹469.37 53
EV/EBITDA ₹295.18 ₹397.22 ₹499.25 54
EV/Revenue ₹183.33 ₹266.58 ₹349.83 43
Asset-Based
NCAV (Graham) ₹93.18 ₹124.86 ₹186.35 50
Economic Profit
Residual Income ₹151.92 ₹160.54 ₹176.63 76
ROIC Compounder ₹159.14 ₹189.00 ₹249.62 72
Growth Earnings
Growth-Adj P/E ₹203.62 ₹290.88 ₹378.14 68

Widest divergence: Growth Earnings (₹290.88) versus Dividend Discount (₹8.03). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹9.2B
Revenue growth (YoY) +31.6%
Net margin 3.6%
Return on equity 7.7%
Free cash flow −₹819M FY2026
P/E ratio 45.3
More key figures
Operating margin 9.4%
EPS (TTM) ₹13.81
EPS growth (YoY) +12.5%
Net debt ₹2.6B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 47 · Market factors (momentum, volatility) 53

Profitability 49
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 18
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 38
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

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.

About the company

Faze Three Limited manufactures and exports home textile products and auto fabrics in India, the United States, the United Kingdom, Europe, and internationally.

Full company description

Faze Three Limited manufactures and exports home textile products and auto fabrics in India, the United States, the United Kingdom, Europe, and internationally. The company offers bathmats, rugs, blankets, throws, cushions, durries, hand tufted carpets, cushion covers, curtains, chairpads, poly cotton and cotton mask, table covers, patio mats, seat covers, floor coverings, etc.; and recycled yarn, germieshield, microcapsules, boost yarn, and ani-flammatory yarn. It markets its products under the AA Living and NatureStep brand names. The company serves retailers, hotels, automotive, and cruises. Faze Three Limited was founded in 1982 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Faze Three Limited reported revenue of ₹9.2B in FY2026 versus ₹4.8B in FY2022, a compound +17.9%/yr. Reported net income was ₹336M in FY2026, compounding −10.0%/yr from FY2022.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹9.2B
Latest YoY
+33.8%
Avg. growth/yr (3Y) 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.
+20.2%
Avg. growth/yr (5Y) 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.
+24.7%
Avg. growth/yr (20Y) 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.
+13.6%
Revenue +17.9%/yr
FY22 ₹4.8B
FY23 ₹5.3B
FY24 ₹5.6B
FY25 ₹6.9B
FY26 ₹9.2B
Net income −10.0%/yr
FY22 ₹511M
FY23 ₹583M
FY24 ₹466M
FY25 ₹407M
FY26 ₹336M
Character of growth · EPS growth decomposed (2016-2026) +1.7 % p.a.
Revenue per share +8.1 pp

of which total revenue +15.2 pp · buybacks/dilution −7.0 pp

EBIT margin +8.3 pp
Tax rate −3.1 pp
Residual (interest, one-offs) −11.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

FAZE3Q screens 49% overvalued. Compare with Shenzhou International Group →

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Cite: Fair Value Calculator (2026). "Faze Three Limited Fair Value". https://www.fairvalue-calculator.com/stock/FAZE3Q

Peer Group

Textile Manufacturing · 315 stocks

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.

Quality Score 46 · Below median
Fair Value upside −49% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 32% · Top 25%
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 45.3× · Pricier than 75% of peers
P/B 3.35× · Pricier than 75% of peers
P/S (TTM) 1.64× · Pricier than 75% of peers
EV/EBITDA 18.7× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 7
FUTURE 100 · sector 0
PAST 31 · sector 15
HEALTH 96 · sector 95
DIVIDEND 0 · sector 34

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥78.00 ¥11.85 -85%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Bros Eastern.,Ltd 601339 ¥8.08 ¥7.87 -3%

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Frequently asked questions

Is Faze Three Limited (FAZE3Q) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹276.17 versus a price of ₹543.05, about −49% (overvalued).
What is the fair value of FAZE3Q?
Our model-based fair value for Faze Three Limited is ₹276.17 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹543.05.
What is the quality score of FAZE3Q?
Faze Three Limited has a Quality Score of 46/100. 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 revenue of Faze Three Limited (FAZE3Q)?
Faze Three Limited reported trailing-twelve-month revenue of about ₹9.2B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of FAZE3Q?
The net profit margin of Faze Three Limited is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.

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.

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