Wires and Fabriks (S.A.) Limited (WIREFABR.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

-526.6%

-₹638.81

vs ₹149.75 price

Levered DCF

₹154.98

After debt service

Piotroski score

2 / 9

Weak

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	149.59×	35.98×	29.03×	32.33×	30.34×	32.97×	9.4×	17.36×
P/B	0.78×	1.07×	0.88×	0.92×	0.61×	0.34×	0.34×	0.51×
P/S	0.34×	0.5×	0.4×	0.4×	0.3×	0.17×	0.15×	0.21×
EV / EBITDA	6.23×	9.56×	7.35×	6.08×	9.45×	4.35×	4.42×	4.5×
Gross margin	49.3%	28.5%	23.9%	23.2%	54.4%	49.1%	55.5%	53.2%
Operating margin	7.6%	7.6%	5.7%	5.7%	3.0%	3.6%	3.4%	3.0%
Net margin	0.2%	1.4%	1.4%	1.2%	1.0%	0.5%	1.6%	1.2%
Current ratio	1.26×	1.22×	1.34×	1.49×	1.62×	1.75×	1.44×	1.85×
Debt / equity	2.08×	2.51×	1.69×	1.56×	1.91×	0.71×	0.92×	0.81×
Interest coverage	1.01×	1.12×	1.01×	1.1×	0.95×	1.48×	1.86×	1.92×
Dividend yield	0.1%	0.1%	0.1%	0.1%	0.2%	0.3%	1.6%	1.0%
Payout ratio	14.1%	2.6%	3.5%	3.8%	5.4%	10.4%	14.7%	18.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	0.5%	3.0%	3.0%	2.8%	2.0%	1.0%	3.6%	2.9%
Return on invested capital	2.7%	3.2%	4.5%	4.9%	2.0%	3.9%	3.2%	2.7%
Return on assets	0.1%	0.7%	1.0%	0.9%	0.6%	0.5%	1.4%	1.2%
Free cash flow yield	52.6%	-69.9%	-23.0%	26.6%	-164.0%	58.3%	-28.2%	43.7%
Earnings yield	0.7%	2.8%	3.4%	3.1%	3.3%	3.0%	10.6%	5.8%
Enterprise value	₹1.4B	₹1.8B	₹1.3B	₹1.2B	₹1.1B	₹473.1M	₹548.7M	₹568.6M
Net debt / EBITDA	4.53×	6.69×	4.82×	3.82×	6.99×	2.93×	3.21×	2.75×
Cash conversion cycle (days)	268	255	216	252	204	189	201	175