FSN E-Commerce (NYKAA)

FairStock Score: 53/100 — MIXED

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

Key Financials

AI Analysis

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

As a Buffett-Graham style investor, I ask: is this a wonderful business at a fair price? FSN E-Commerce shows fast growth: 5-year revenue CAGR of 35.08%, latest quarter sales ₹2,873 Cr, net profit ₹68 Cr, and free cash flow ₹262 Cr. Reported sales growth of 999.00% and profit growth of 517.34% are explosive, though such rates often come from a small base or unusual comparison. The balance sheet looks sturdier than many e-retailers: Piotroski F-Score 8/9 and Altman Z-Score 14.70, with promoter holding 52.10%. Debt/Equity is 0.83. But returns are only moderate: ROE 10.86% and ROCE 9.59%. With book value of ₹5.02, the market cap of ₹94,834 Cr and P/B of 65.91 mean investors are paying a huge price for future growth, not current assets. Valuation is the real problem. P/E is 371.91, EV/EBITDA is 191.77, Graham Number is ₹7.08, and DCF intrinsic value is ₹48.84. At ₹331, the margin of safety is -3650.35%, meaning price is far above intrinsic estimates. FairStock Score 53/100 (MIXED) captures the tension. Dividend yield is 0.00%, so I get no cash return while waiting. The 52-week range is ₹232-₹351, and the stock is near the upper end. I admire the growth and improving cash generation, but Graham would call this speculative and Buffett would demand a margin of safety. This is a Fast Grower, not a value buy at today's numbers.

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