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Harish Textile Engineers (BOM:542682) GF Value : ₹57.19 (As of Dec. 15, 2024)


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What is Harish Textile Engineers GF Value?

As of today (2024-12-15), Harish Textile Engineers's share price is ₹98.00. Harish Textile Engineers's GF Value is ₹57.19. Therefore, Harish Textile Engineers's Price-to-GF-Value for today is 1.71. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Harish Textile Engineers is Significantly Overvalued.

The GF Value represents the current intrinsic value of a stock derived from our exclusive method. The GF Value Line on our summary page gives an overview of the fair value that the stock should be traded at. It is calculated based on three factors:

  1. Historical multiples (PE Ratio, PS Ratio, PB Ratio and Price-to-Free-Cash-Flow) that the stock has traded at.
  2. GuruFocus adjustment factor based on the company’s past returns and growth.
  3. Future estimates of the business performance.

We believe the GF Value Line is the fair value that the stock should be traded at. The stock price will most likely fluctuate around the GF Value Line. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher.

Please note, "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

Harish Textile Engineers  (BOM:542682) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

Posssible Evaluations All-in-One Screener Examples (2)
Possible Value Trap, Think Twice (1)Predictable Companies that possibly be Value Traps
Significantly OvervaluedPredictable Companies which are Significantly Overvalued
Modestly OvervaluedPredictable Companies which are Modestly Overvalued
Fairly ValuedPredictable High Quality Companies which are Fairly Valued
Modestly Undervalued (3)Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (3)Predictable High Quality Companies which are Significantly Undervalued

(1) "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

(2) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(3) There is only a sufficient margin of safety when the stock is undervalued.

Harish Textile Engineers's Price-to-GF-Value for today is calculated as

Price-to-GF-Value=Share Price/GF Value
=98.00/57.19
=1.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Harish Textile Engineers GF Value Related Terms

Thank you for viewing the detailed overview of Harish Textile Engineers's GF Value provided by GuruFocus.com. Please click on the following links to see related term pages.

Harish Textile Engineers Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harish Textile Engineers Ltd (BOM:542682) » Definitions » GF Value
Comparable Companies
BOM:500540 BOM:522036 BOM:526604 BOM:533203 BOM:531944 BOM:542627 BOM:531594 BOM:531797 BOM:522027 BOM:526043 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
19, Parsi Panchayat Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400069
Website
http://www.harishtextile.com
Harish Textile Engineers Ltd is engaged in the manufacturing of textile processing and finishing machinery, the production of non-woven fabrics, and the production of polyester staple fiber. Its segments include Textile Engineering, Non-Woven and PSF. It offers products such as Stenter, Rotary Printing, Jigger, Dyeing Padder, Coater, Scouring, Curing, Relax Dryer, fabrics for automotive interiors, shoe liners, and various other products. The company generates key revenue from the Non-Woven segment.

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