SW Investments Ltd (SW1) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of SW Investments Ltd ₹40.64, price ₹187, upside -78.2%, quality 72 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 Oct 3, 2026.
How to read this chart
60‑month range ₹15.45 – ₹239.51 · fair‑value band ₹25.60 – ₹66.03 · the ₹186.55 price screens above the ₹40.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 3, 2026.
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SW Investments Limited engages in investment activities in India. It invests in equity shares and debentures. The company was formerly known as Sunteck Wealthmax Investments Limited and changed its name to SW Investments Limited in October 2013. The company was incorporated in 1980 and is based in Mumbai, India.
Stock analysis
SW Investments Ltd (SW1) currently trades at ₹186.55, while our model-based Fair Value estimate is ₹40.64, 78.2% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Earnings-Based group reads highest at a median of ₹91.89 per share, and 0 of the 10 models we run sit above the ₹186.55 price.
Bear case: the Growth DCF group reads lowest at ₹25.22, and 10 of the 10 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹25.60 (bear) to ₹66.03 (bull), the price of ₹186.55 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 72/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
SW Investments Ltd reported revenue of ₹4.3M in FY2026 versus ₹5.8M in FY2022, a compound −7.4%/yr. Reported net income was ₹2.4M in FY2026, compounding −4.7%/yr from FY2022.
Key figures
Market cap ₹168M (≈ $1.7M) · P/E ratio 63.2 · P/S ratio 34.9 · EPS (TTM) ₹2.95 · Net margin 55.2% · Return on equity 2.9% · Return on assets (EBIT) 2.1% · Operating margin 75.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 151% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at 10% fair-value upside, at −78%, SW1 screens richer than that median.
Fair Value models
Bear ₹25.60Fair Value ₹40.64Bull ₹66.03
Price ₹186.55 · Upside -78.2%
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 (₹1.52 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+85.8%
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.
+39.2%
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.
−8.0%
Start year 2021 (pandemic). Over 10 years: −1.3% a year
Revenue growth 12 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.
−2.8%
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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.
+9.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.9%
Dividend (yield on the price)0.0%
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.9.9% vs 0.6%, picking up
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.30% → 69%
2026 sits 371% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2021 (pandemic)
⚠ Revenue per share shrinking 10.5%/yr over ~7Y (margins eroding too) ⓘ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.
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).
+46.6%
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 +40.8% a year for the price.
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.Credit Services · 330 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score72 · Top 25%
Fair Value upside−78.2% · Bottom 25%
Profitability
Return on equity (TTM)2.9% · Below median
Return on assets2.4% · Below median
Net margin (TTM)53.4% · Top 25%
Operating margin (TTM)75.9% · Top 25%
Growth and dividend
Revenue growth61.1% · Top 25%
Valuation Multiplesvs Credit Services median · lower = cheaper
P/E (TTM)63.2× · Priciest 25%
P/B2.02× · Priciest 25%
P/S (TTM)33.60× · Priciest 25%
P/FCF109.0× · Priciest 25%
EV/EBITDA52.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 53
FUTURE (revenue growth)100· sector 52
PAST (return on equity)12· sector 32
HEALTH (low debt)100· sector 56
DIVIDEND (yield)0· sector 64
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 SW Investments Ltd (SW1) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹40.64 versus a price of ₹186.55, about −78% upside (overvalued).
What is the fair value of SW1?
Our model-based fair value for SW Investments Ltd is ₹40.64 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹186.55.
What is the quality score of SW1?
SW Investments Ltd has a Quality Score of 72/100. 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 SW Investments Ltd (SW1)?
Our model-based price target is the fair value of ₹40.64 (as of Oct 3, 2026) from 10 valuation models. Cautious scenario ₹25.60, optimistic scenario ₹66.03. It is a calculation from audited fundamentals, not an analyst target.
What is the SW Investments Ltd stock forecast for 2026?
Our models put fair value at ₹40.64, about −78% upside versus a price of ₹186.55 (overvalued). Cautious scenario ₹25.60, optimistic scenario ₹66.03. The calculation is refreshed regularly with new filings.
What is the revenue of SW Investments Ltd (SW1)?
SW Investments Ltd reported trailing-twelve-month revenue of about ₹5.0M (latest available figure, as of Oct 3, 2026).
What growth is priced into SW Investments Ltd (SW1)?
For today's price to be fair in a discounted-cash-flow model, SW Investments Ltd would have to grow free cash flow by +46.6 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -8.0 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of SW1 use?
Our models discount SW Investments Ltd at 10.9 %: a base by market capitalisation (nano), damped by beta 0.54, 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 SW Investments Ltd that is +46.6 % per year a year over ten years, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has SW Investments Ltd (SW1) delivered so far?
Over the past 5 years revenue at SW Investments Ltd grew -8.0 % a year. The price currently implies +46.6 % 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 SW Investments Ltd (SW1) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into SW Investments Ltd (+46.6 % 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 SW Investments Ltd (SW1)?
The free-cash-flow yield on the price is 0.92 %: that much free cash flow SW Investments Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SW Investments Ltd (SW1)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SW Investments Ltd it is ₹40.64 per share (as of Oct 3, 2026), against a price of ₹186.55. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is SW Investments Ltd stock overvalued or undervalued in 2026?
As of Oct 3, 2026, SW1 trades above its calculated fair value: price ₹186.55, fair value ₹40.64, a gap of about −78% (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 SW1?
No. The price is what the market pays today (₹186.55); the fair value is what the company's own numbers justify (₹40.64). For SW Investments Ltd the two are ₹145.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is SW Investments Ltd worth?
The market values SW Investments Ltd at about ₹168M (market capitalisation, as of Oct 3, 2026). Per share that is ₹186.55; our models calculate a fair value of ₹40.64 per share.
What do the bullish and bearish scenarios say about SW1?
Our models span a range for SW Investments Ltd: cautious scenario ₹25.60, base ₹40.64, optimistic ₹66.03 per share (as of Oct 3, 2026, price ₹186.55). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SW1?
SW Investments Ltd trades at a price-to-earnings ratio of 63.2 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹40.64 is built from several models across several years. Other multiples: P/B 2.0, P/S 33.6, EV/EBITDA 52.5.
How solid is the balance sheet of SW Investments Ltd (SW1)?
Balance-sheet figures for SW Investments Ltd (as of Oct 3, 2026): return on equity 2.9%. They feed the Quality Score of 72/100, which measures business quality independently of the share price.
How far is SW1 from its 52-week high?
SW Investments Ltd trades at ₹186.55, about 6% below its 52-week high of ₹198.25 and 151% above the low of ₹74.40 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹40.64 is for.
Which stocks are comparable to SW Investments Ltd?
From the same area (Financial Services) we also value Visa Inc, Mastercard Incorporated, American Express Company, Capital One Financial 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 SW Investments Ltd stock attractive at the current price?
The data as of Oct 3, 2026: price ₹186.55, calculated fair value ₹40.64 (−78%), Quality Score 72/100, from 10 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 SW1 calculated?
We run SW Investments Ltd through 10 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 ₹40.64, 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. SW Investments 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 SW Investments Ltd (SW1)?
The closing price on Oct 1, 2026 was ₹186.55. Our model-based fair value is ₹40.64, about −78% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SW Investments Ltd right now?
A high-quality business (quality 72/100), 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 (₹66.03). The favourable scenario is already priced in. A fairly wide model range (₹25.60 to ₹66.03) leaves room in how you read the outcome. 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 SW Investments Ltd
How large is the market capitalisation of SW Investments Ltd (SW1)?
The market capitalisation of SW Investments Ltd is ₹168M (≈ $1.7M). 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 SW Investments Ltd (SW1)?
The price-to-sales ratio of SW Investments Ltd is 34.9 (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 SW Investments Ltd (SW1)?
Earnings per share at SW Investments Ltd are ₹2.95 (price ÷ EPS = P/E 63.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of SW Investments Ltd (SW1)?
The net margin of SW Investments Ltd is 55.2% (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 SW Investments Ltd (SW1)?
The return on equity (ROE) of SW Investments Ltd is 2.9% (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 SW Investments Ltd (SW1)?
On an EBIT basis the return on assets of SW Investments Ltd is 2.1% (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 SW Investments Ltd (SW1)?
The operating margin of SW Investments Ltd is 75.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at SW Investments Ltd (SW1)?
Revenue at SW Investments Ltd is growing +61.1% versus a year earlier (3y avg +39.2%). 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 SW Investments Ltd (SW1)?
Earnings per share at SW Investments Ltd are growing +65.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does SW Investments Ltd (SW1) carry?
The net debt of SW Investments Ltd is ₹6.4M (fiscal year 2021, ≈ 4.2 yrs of FCF). 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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