Seamec Limited (SEAMECLTD.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-513.2%

-₹6,657.99

vs ₹1,611.20 price

Levered DCF

-₹12,123.84

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	14.25×	27.79×	23.1×	45.84×	40.9×	11.31×	5.15×	13.23×
P/B	2.75×	2.47×	3.03×	1.91×	4.55×	1.68×	1.22×	2.52×
P/S	3.76×	3.82×	3.79×	3.46×	9.75×	4.35×	1.79×	3.45×
EV / EBITDA	8.63×	10.62×	11.2×	10.72×	19.94×	7.02×	3.71×	8.14×
Gross margin	33.0%	21.5%	23.0%	24.2%	32.0%	24.8%	40.2%	27.9%
Operating margin	25.5%	12.7%	15.6%	3.8%	19.0%	5.4%	32.1%	23.8%
Net margin	26.4%	13.7%	16.4%	7.5%	23.8%	38.5%	34.7%	26.1%
Current ratio	1.89×	1.68×	1.61×	1.52×	2.8×	2.29×	1.86×	1.51×
Debt / equity	0.27×	0.23×	0.36×	0.18×	0.17×	0.14×	0.14×	0.17×
Interest coverage	11.66×	5.19×	6.7×	2.29×	9.32×	2.42×	21.58×	18.46×
Dividend yield	0.0%	0.0%	0.1%	0.0%	0.0%	0.5%	0.0%	0.0%
Payout ratio	0.0%	0.0%	2.1%	0.0%	0.0%	5.2%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	19.3%	8.9%	13.1%	4.2%	11.1%	14.9%	23.7%	19.0%
Return on invested capital	13.5%	5.5%	9.1%	1.7%	7.1%	1.6%	17.5%	14.0%
Return on assets	13.5%	6.5%	8.5%	3.1%	8.6%	11.5%	15.9%	12.5%
Free cash flow yield	-1.5%	9.6%	-6.2%	-15.8%	-3.3%	0.4%	25.4%	-2.1%
Earnings yield	7.0%	3.6%	4.3%	2.2%	2.4%	8.8%	19.4%	7.6%
Enterprise value	₹38.6B	₹26.9B	₹30.4B	₹15.7B	₹35.1B	₹11.8B	₹7.4B	₹11.5B
Net debt / EBITDA	0.62×	0.77×	1×	0.41×	0.59×	0.41×	0.26×	0.5×
Cash conversion cycle (days)	118	82	79	72	46	86	-62	16