Uni Abex Alloy Products Limited (UNIABEXAL.BO) 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

+144.5%

₹10,224.23

vs ₹4,182.00 price

Levered DCF

₹6,247.96

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B+

Overall 3 / 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	1.92×	12.44×	17.13×	10.45×	9.4×	7.3×	13.58×	9.13×
P/B	1.3×	2.95×	5.37×	2.37×	1.76×	1.4×	1.59×	2.03×
P/S	2.45×	2.16×	3.39×	1.19×	0.85×	0.75×	0.73×	0.99×
EV / EBITDA	1.42×	8×	11.42×	6.16×	5.36×	3.66×	4.52×	6.44×
Gross margin	33.8%	44.6%	37.1%	26.0%	36.0%	40.3%	37.4%	38.0%
Operating margin	21.3%	20.2%	24.6%	14.8%	12.6%	16.3%	12.6%	10.4%
Net margin	127.9%	17.4%	19.8%	11.4%	9.0%	10.3%	5.4%	10.8%
Current ratio	5.58×	2.69×	2.45×	2.32×	1.79×	1.6×	1.36×	1.1×
Debt / equity	0.03×	0.09×	0.17×	0.17×	0.18×	0.18×	0.44×	0.6×
Interest coverage	66.21×	51.16×	70.13×	27.12×	16.79×	9.7×	4.4×	2.26×
Dividend yield	1.3%	1.2%	0.7%	1.3%	1.7%	1.3%	2.5%	0.4%
Payout ratio	2.5%	14.7%	11.1%	13.1%	15.5%	9.2%	33.3%	3.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	67.5%	23.7%	31.3%	22.7%	18.7%	19.2%	11.7%	22.3%
Return on invested capital	9.2%	18.6%	24.3%	18.3%	15.8%	17.4%	7.8%	13.2%
Return on assets	56.8%	17.2%	21.8%	14.7%	10.4%	10.0%	6.2%	9.0%
Free cash flow yield	4.3%	7.1%	4.3%	11.6%	9.0%	31.6%	13.2%	3.6%
Earnings yield	52.1%	8.0%	5.8%	9.6%	10.6%	13.7%	7.4%	11.0%
Enterprise value	₹4.7B	₹4.1B	₹6.1B	₹1.9B	₹1.2B	₹787.8M	₹927.8M	₹1.1B
Net debt / EBITDA	-0.19×	-0.2×	0.05×	-0.27×	-0×	0.04×	0.97×	1.44×
Cash conversion cycle (days)	89	77	75	76	122	130	170	138