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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-29

Force Motors Limited

FORCEMOTNSEAutomobile and Auto Components
₹17,334
+137.00 (+0.80%)
Hold

Valuation (89/100) does the heavy lifting; momentum (11/100) is the drag.

Buy zone
The bottom line

Our blended model reads Force Motors Limited as a Hold at 51/100. We put fair value near ₹27,720.41; at ₹17,334 that leaves roughly 60% upside, so the stock screens undervalued by 60%. On 19.2x trailing earnings it sits cheaper than the Automobile and Auto Components median of about 39.5x. The price is about 33% below its 52-week high of ₹25,776 and 13% above the low of ₹15,303. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9. It clears 6 of 12 investability checks, with durability 62, valuation 77 and momentum 11 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹27,720.41up 59.92%
Undervalued by 60%
Price ₹17,334Range ₹8,667₹34,668
DCF + relative blendmedium confidence

With a 20% margin of safety, our buy-below price is ₹22,176.33.

1-year price

EOD · 2026-07-29
1D
up 0.80%
1W
down 0.48%
1M
down 6.71%
3M
down 12.91%
6M
down 7.72%
1Y

52-week range

-32.75% from the 52-week high.

Trend check
Below 50-DMA₹18,326Below 200-DMA₹19,478

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Hold51
A
Financial health 100/100
Altman Z 7.4 · Safe zone

Piotroski F-score 5/9 — quality of earnings & balance sheet.

Our scores

Durability62
Valuation77
Momentum11

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 6 of 12 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 33.5%
  • No data: Low debt (D/E < 0.5)
  • Fail: Positive free cash flow
  • Fail: Revenue growth > 10%: 8%
  • Fail: Earnings growing: -37%
  • Pass: Net margin ≥ 10%: 13.4%
  • Pass: Current ratio > 1.5: 1.87
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 7.4
  • Fail: Piotroski ≥ 7: 5/9

Quarterly results

Revenue · 1Q2019
₹1,028 Cr
Net profit
₹37 Cr
Margin
4%
4Q2018
1Q2019
Revenue Net profitLatest revenue QoQ +25%

Shareholding

  • Promoter63.2%
  • Institutions5.6%
  • Public & other31.2%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹23,217 Cr
P/E ratio
19.2
P/B ratio
5.63
EPS (TTM)
₹919.25
ROE
33.5%
Debt / Equity
Profit margin
13.4%
Free cash flow
₹-99 Cr
52-week high
₹25,776
-32.75% from high
52-week low
₹15,303
Dividend yield
0.2%
Beta
0.53
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (33.5%).
  • Financially solid — Altman Z 7.4.

Opportunities

  • Trading in our value buy zone versus sector peers.
  • Trades ~60% below our estimated fair value.

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).

Threats

  • Earnings contracting year on year.

About Force Motors Limited

Force Motors Limited manufactures and sells automotive components, aggregates, and vehicles in India. Its product range includes passenger vehicles, ambulances, school buses, delivery vans, commercial vehicles, multi-utility vehicles, special utility vehicles, off-roaders, military vehicles, agricultural tractors, and spare parts.

Force Motors Limited — frequently asked questions

Is Force Motors Limited a buy, hold or sell?

StocksWizard currently rates Force Motors Limited (FORCEMOT) a Hold, based on a blended score of 51/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Force Motors Limited's fair value?

Our blended DCF and relative-valuation model estimates Force Motors Limited's fair value at about ₹27,720.41, versus a current price of ₹17,334 — roughly 60% upside. On that basis the stock looks undervalued by 60%.

Is Force Motors Limited financially healthy?

Force Motors Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9.

How has Force Motors Limited's share price performed?

Force Motors Limited is down 13% over three months, and last traded at ₹17,334. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.