Ice Make Refrigeration (NSE:ICEMAKE) Valuation Rank

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ICEMAKE Ice Make Refrigeration Ltd NSE:ICEMAKE
93 GF Score
Price ₹813.95
GF Value ₹1,153.03
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Ice Make Refrigeration Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Ice Make Refrigeration Valuation Rank Related Terms

NSE:ICEMAKE
93GF Score
Ice Make Refrigeration Ltd NSE:ICEMAKE
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Ice Make Refrigeration (NSE:ICEMAKE) Overvalued in 2026?

Based on GuruFocus' analysis, Ice Make Refrigeration stock appears to be undervalued. The current stock price of ₹813.95 is trading 29.4% below its estimated GF Value™ of ₹1,153.03. GuruFocus considers Ice Make Refrigeration to be Modestly Undervalued.

Key valuation signals for NSE:ICEMAKE:

  • Valuation Rank:
  • GF Value™: ₹1,153.03 vs. price of ₹813.95 (29.4% below fair value)
  • GF Score™: 93/100 with 6 warning signs

No single metric tells the full story. See the NSE:ICEMAKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ice Make Refrigeration Business Description

Address 226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment is the Manufacturing of Cold Rooms, freezers, Refrigeration Systems, and chilling plants. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.
93GF Score

Get the complete analysis for NSE:ICEMAKE

Valuation Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹813.95
Price
₹1,153.03
GF Value