Fairvalue-Calculator Fairvalue-Calculator
EN DE

Multi Commodity Exchange of India Limited (MCX) Fair Value & Analysis

Financial Services · IN · Market cap ₹711B

Price₹2,831
Fair Value₹1,194
Upside-57.8%
Quality82/100
Evidence: Medium Range ₹644.57 – ₹4,466

Analysis

Multi Commodity Exchange of India Limited (MCX) currently trades at ₹2,831, while our model-based Fair Value estimate is ₹1,194 — implying the stock looks roughly 57.8% overvalued today. We read business quality at 82/100 (high quality), in the Financial Services 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: medium).

About the company

Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, base metals, energy, and agricultural commodities. The company also provides clearing and settlement services; and data feed subscription and membership services. It has strategic alliances, consultancy, and collaboration agreements with various exchanges, such as CME Group, Dalian Commodity Exchange, London Metal Exchange, European Energy Exchange AG, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange, Jakarta Futures Exchange, and Chittagong Stock Exchange Limited. The company was incorporated in 2002 and is based in Mumbai, India.

Open the full interactive analysis →

Similar stocks

S&P Global Inc (SPGI) -36% CME Group (CME) -47% Intercontinental Exchange, Inc (ICE) -49% Moody's Corporation (MCO) -60% Hong Kong Exchanges and Clearing Limited (0388) -42% London Stock Exchange Group (LDNXF) -48%

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.