Selan Exploration Technology Limited (SELAN) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Selan Exploration Technology Limited ₹413, price ₹1,107, upside -62.7%, quality 73 out of 100. Calculated from audited financials with 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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ₹115.33 – ₹1,263 · fair‑value band ₹271.56 – ₹636.72 · the ₹1,107 price screens above the ₹413.34 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Selan Exploration Technology Limited explores for and produces crude oil and natural gas in India. The company was incorporated in 1985 and is based in Gurugram, India.
Stock analysis
Selan Exploration Technology Limited (SELAN) currently trades at ₹1,107, while our model-based Fair Value estimate is ₹413.34, 62.7% 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 ₹863.04 per share, and 0 of the 24 models we run sit above the ₹1,107 price.
Bear case: the Asset-Based group reads lowest at ₹89.51, and 24 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹271.56 (bear) to ₹636.72 (bull), the price of ₹1,107 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 73/100 (solid quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Selan Exploration Technology Limited reported revenue of ₹2.6B in FY2024 versus ₹488M in FY2020, a compound +51.6%/yr. Reported net income was ₹740M in FY2024, compounding +85.6%/yr from FY2020. FY2020 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹20.0B (≈ $208M) · P/E ratio 23.9 · P/S ratio 6.85 · EPS (TTM) ₹46.30 · Net margin 28.7% · Return on equity 17.1% · Return on assets (EBIT) 5.5% · Revenue (TTM) ₹2.5B.
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 206% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at 10% fair-value upside, at −63%, SELAN screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹88.08 to ₹997.74). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ₹271.56Fair Value ₹413.34Bull ₹636.72
Price ₹1,107 · Upside -62.7%
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 2024 figures (about 12 months old). Earnings retained since then (₹46.30 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.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+55.8%
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.
+49.5%
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.
+23.6%
Revenue growth 8 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.
+21.1%
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What shareholders gained per year (last 5 years), in INR (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+59.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+59.1%
Dividend (yield on the price)0.0%
Profit margin 2019 to 2024 ⓘ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.27% → 33%
2024 sits 140% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+29.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +24.5% a year for the price.
Compare Selan Exploration Technology 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.Oil & Gas E&P · 279 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score73 · Top 25%
Fair Value upside−62.7% · Bottom 25%
Profitability
Return on equity (TTM)17.1% · Top 25%
Return on assets9.9% · Top 25%
Net margin (TTM)28.7% · Top 25%
Operating margin (TTM)0.0% · Bottom 25%
Growth and dividend
Revenue growth−20.2% · Bottom 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Oil & Gas E&P median · lower = cheaper
P/E (TTM)23.9× · Priciest 25%
P/B4.27× · Priciest 25%
P/S (TTM)8.17× · Priciest 25%
P/FCF44.1× · Priciest 25%
EV/EBITDA15.4× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 27
FUTURE (revenue growth)0· sector 84
PAST (return on equity)69· sector 23
HEALTH (low debt)100· sector 85
DIVIDEND (yield)0· sector 70
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 Selan Exploration Technology Limited (SELAN) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ₹413.34 versus a price of ₹1,107, about −63% upside (overvalued).
What is the fair value of SELAN?
Our model-based fair value for Selan Exploration Technology Limited is ₹413.34 (as of Sep 24, 2026), built from audited fundamentals. The current price: ₹1,107.
What is the quality score of SELAN?
Selan Exploration Technology Limited has a Quality Score of 73/100. 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 Selan Exploration Technology Limited (SELAN)?
Our model-based price target is the fair value of ₹413.34 (as of Sep 24, 2026) from 24 valuation models. Cautious scenario ₹271.56, optimistic scenario ₹636.72. It is a calculation from audited fundamentals, not an analyst target.
What is the Selan Exploration Technology Limited stock forecast for 2026?
Our models put fair value at ₹413.34, about −63% upside versus a price of ₹1,107 (overvalued). Cautious scenario ₹271.56, optimistic scenario ₹636.72. The calculation is refreshed regularly with new filings.
What is the revenue of Selan Exploration Technology Limited (SELAN)?
Selan Exploration Technology Limited reported trailing-twelve-month revenue of about ₹2.5B (latest available figure, as of Sep 24, 2026).
What growth is priced into Selan Exploration Technology Limited (SELAN)?
For today's price to be fair in a discounted-cash-flow model, Selan Exploration Technology Limited would have to grow free cash flow by +29.7 % per year for five years (discount rate 13.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +23.6 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of SELAN use?
Our models discount Selan Exploration Technology Limited at 13.9 %: a base by market capitalisation (micro), damped by beta 0.32, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Selan Exploration Technology Limited that is +29.7 % per year a year over ten years, using the same discount rate (13.9 %) and the same formula as our fair value.
How much growth has Selan Exploration Technology Limited (SELAN) delivered so far?
Over the past 5 years revenue at Selan Exploration Technology Limited grew +23.6 % a year. The price currently implies +29.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Selan Exploration Technology Limited (SELAN) growing?
The median revenue growth in the sector is +11.1 % a year. That is the yardstick for the growth priced into Selan Exploration Technology Limited (+29.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Selan Exploration Technology Limited (SELAN)?
The free-cash-flow yield on the price is 2.70 %: that much free cash flow Selan Exploration Technology Limited produces per unit of market value. When it exceeds the discount rate of our models (13.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Selan Exploration Technology Limited (SELAN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Selan Exploration Technology Limited it is ₹413.34 per share (as of Sep 24, 2026), against a price of ₹1,107. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Selan Exploration Technology Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, SELAN trades above its calculated fair value: price ₹1,107, fair value ₹413.34, a gap of about −63% (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 SELAN?
No. The price is what the market pays today (₹1,107); the fair value is what the company's own numbers justify (₹413.34). For Selan Exploration Technology Limited the two are ₹693.66 per share apart. That gap is exactly why we show both numbers side by side.
How much is Selan Exploration Technology Limited worth?
The market values Selan Exploration Technology Limited at about ₹20.0B (market capitalisation, as of Sep 24, 2026). Per share that is ₹1,107; our models calculate a fair value of ₹413.34 per share.
What do the bullish and bearish scenarios say about SELAN?
Our models span a range for Selan Exploration Technology Limited: cautious scenario ₹271.56, base ₹413.34, optimistic ₹636.72 per share (as of Sep 24, 2026, price ₹1,107). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SELAN?
Selan Exploration Technology Limited trades at a price-to-earnings ratio of 23.9 (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 ₹413.34 is built from several models across several years. Other multiples: P/B 4.3, P/S 8.2, EV/EBITDA 15.4.
How solid is the balance sheet of Selan Exploration Technology Limited (SELAN)?
Balance-sheet figures for Selan Exploration Technology Limited (as of Sep 24, 2026): return on equity 17.1%, debt of 0.00 per unit of equity. They feed the Quality Score of 73/100, which measures business quality independently of the share price.
How far is SELAN from its 52-week high?
Selan Exploration Technology Limited trades at ₹1,107, about 12% below its 52-week high of ₹1,263 and 206% above the low of ₹361.35 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹413.34 is for.
Which stocks are comparable to Selan Exploration Technology Limited?
From the same area (Energy) we also value ConocoPhillips explores for,, CNOOC Limited, Canadian Natural Resources Limited, EOG Resources, Inc, 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 Selan Exploration Technology Limited stock attractive at the current price?
The data as of Sep 24, 2026: price ₹1,107, calculated fair value ₹413.34 (−63%), Quality Score 73/100, from 24 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 SELAN calculated?
We run Selan Exploration Technology Limited through 24 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 ₹413.34, 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 15.0 % above its aggregate fair value. Selan Exploration Technology 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 Selan Exploration Technology Limited (SELAN)?
The closing price on Oct 1, 2026 was ₹1,107. Our model-based fair value is ₹413.34, about −63% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Selan Exploration Technology Limited right now?
A high-quality business (quality 73/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (₹636.72). The favourable scenario is already priced in. A fairly wide model range (₹271.56 to ₹636.72) leaves room in how you read the outcome.
Key figures of Selan Exploration Technology Limited
How large is the market capitalisation of Selan Exploration Technology Limited (SELAN)?
The market capitalisation of Selan Exploration Technology Limited is ₹20.0B (≈ $208M). 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 Selan Exploration Technology Limited (SELAN)?
The price-to-sales ratio of Selan Exploration Technology Limited is 6.85 (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 Selan Exploration Technology Limited (SELAN)?
Earnings per share at Selan Exploration Technology Limited are ₹46.30 (price ÷ EPS = P/E 23.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Selan Exploration Technology Limited (SELAN)?
The net margin of Selan Exploration Technology Limited is 28.7% (fiscal year 2024). 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 Selan Exploration Technology Limited (SELAN)?
The return on equity (ROE) of Selan Exploration Technology Limited is 17.1% (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 Selan Exploration Technology Limited (SELAN)?
On an EBIT basis the return on assets of Selan Exploration Technology Limited is 5.5% (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.
How fast is revenue growing at Selan Exploration Technology Limited (SELAN)?
Revenue at Selan Exploration Technology Limited is growing −20.2% versus a year earlier (3y avg +49.5%). 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 Selan Exploration Technology Limited (SELAN)?
Earnings per share at Selan Exploration Technology Limited are growing +27.9% versus a year earlier. How much earnings per share grew versus a year earlier.
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