Igarashi Motors (IGARASHI)

FairStock Score: 23/100 — RISKY

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Igarashi Motors and my Graham instincts say: the market is paying a very rich price for uncertain earnings. At ₹457.05, market cap ₹1,439 Cr, P/E 87.73, P/B 3.08, book value ₹148.25. For a business earning ROE 2.96% and ROCE 7.73%, that is not a margin of safety; it is optimism. The latest quarter tells the same story: Sales ₹216 Cr but Net Profit only ₹4 Cr, a thin margin. Sales growth 22.5% and profit growth 168.8% look dramatic, but off a small base; five-year revenue CAGR is just 10.19%. Debt/equity 0.31 is manageable, promoter holding 75% aligns interests, and auto components can benefit from cycles and content growth. But I need durable moat and pricing power; ROCE below 10% suggests none obvious. Piotroski F-Score 4/9 and FairStock 23/100 risky reinforce caution. PEG 33.12, dividend yield 0.28%—almost no cash return—means growth expectations are already in price. The 52-week range ₹271.05–₹550.00 shows volatility; at ₹457.05 we are closer to the top than the bottom. A Buffett-style question: would I buy the whole company at ₹1,439 Cr? At 87 times earnings and sub-3% ROE, no. I’d wait for either earnings to catch up, ROCE to move sustainably above cost of capital, or price to fall closer to book with improving profitability. Until then, this is a watchlist name, not a value purchase.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer