Case study

ACE

Action Construction Equipment Limited

Worth a closer look1y model +6.4%

Each stock's 10,000-path forecast, rendered as light.

58Score

Action Construction Equipment Limited (ACE) Stock Analysis & Case Study

Is ACE a good buy? The data-driven verdict.

Action Construction Equipment Limited (ACE) trades at ₹1,094,on the numbers it worth a closer look, a Downstox Snapshot Score of 58/100.

On the numbers, Action Construction Equipment Limited (ACE) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 29.8× earnings, ROE of 22.9%, a 56% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

ACE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹13,031 Cr
Current price
₹1,094
P/E ratio
29.8×
P/B ratio
6.47×
Book value
₹169
Dividend yield
0.18%
ROCE
31.7%
ROE
22.9%
Piotroski F-Score
6/8

How ACE ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for ACE, as of 9 Aug 2026, so it is not ranked here.

Is ACE overvalued? ACE P/E vs peers

ACE trades at 29.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

ACE share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ACE history (32%/yr drift, 38%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ACE 2027₹716₹1,165₹1,895+6%
ACE 2028₹626₹1,240₹2,455+13%
ACE 2029₹579₹1,320₹3,010+21%
ACE 2030₹538₹1,405₹3,671+28%
ACE 2031₹519₹1,495₹4,311+37%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ACE goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
65%
Higher in 5 years
Modelled chance the price is above today in 5 years
32%
Doubles in 5 years
Modelled chance of reaching ₹2,189 within 5 years

The bull case for ACE

  • ACE's return on equity of 22.9% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • ACE's return on capital employed of 31.7% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹3,010.

The bear case & risks

  • ACE's P/E of 29.8x is lower than 46% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹579.

ACE volatility & expected range, how bumpy is the ride?

Over the last 9.8 years ACE compounded at 32%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹716-₹1,895, the honest backbone behind any single price target.

ACE price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
6.4%
80% range₹716-₹1,895
P(price ↑)56%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
20.6%
80% range₹579-₹3,010
P(price ↑)62%
P(price 2×)22%
5-Year Forecast
2031
₹0
Median (P50)
36.6%
80% range₹519-₹4,311
P(price ↑)65%
P(price 2×)32%

ACE price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ACE simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ACE hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ACE price target & forecast page.

ACE Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ACE scores 6/8, mixed financial health.

ACE MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy ACE with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox32.76%3.1×
Zerodha32.74%3.1×
Groww32.76%3.1×
Dhan32.74%3.1×
Kotak Neo32.79%3.0×
Paytm Money32.82%3.0×
PocketfulCHEAPEST32.56%3.1×
Anand Rathi32.74%3.1×
Bajaj Broking36.00%2.8×
Share India32.75%3.1×

Compare every broker on the ACE MTF page.

About Action Construction Equipment Limited: sector, index & market-cap context

Action Construction Equipment Limited (ACE) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹13,031 Cr. See more stocks on our screener.

How the ACE Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Action Construction Equipment Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ACE analysis, FAQs

Is Action Construction Equipment Limited (ACE) a good buy?

On the numbers, Action Construction Equipment Limited (ACE) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 29.8× earnings, ROE of 22.9%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ACE overvalued or undervalued?

ACE trades at 29.8× earnings, premium versus the ~22× long-run Nifty average.

What is the ACE share price target for 2031?

ACE's probability-weighted 2031 median target is ₹1,495, with an 80% range of ₹519-₹4,311 (10,000-path Monte-Carlo).

What is the probability ACE doubles in 5 years?

The modelled probability of ACE reaching ₹2,189 (2×) within 5 years is 32%.

What is the bull case for ACE?

ACE's return on equity of 22.9% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ACE's return on capital employed of 31.7% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in ACE?

ACE's P/E of 29.8x is lower than 46% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on ACE