Case study

APEX

Apex Frozen Foods Limited

Tread carefully1y model -4.8%

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

34Score

Apex Frozen Foods Limited (APEX) Stock Analysis & Case Study

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

Apex Frozen Foods Limited (APEX) trades at ₹377,on the numbers it tread carefully, a Downstox Snapshot Score of 34/100.

On the numbers, Apex Frozen Foods Limited (APEX) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 30.3× earnings, ROE of 7.6%, a 46% 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.

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

Market cap
₹1,177 Cr
Current price
₹377
P/E ratio
30.3×
P/B ratio
2.23×
Book value
₹169
Dividend yield
0.53%
ROCE
10.4%
ROE
7.6%
Piotroski F-Score
5/8

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

Is APEX overvalued? APEX P/E vs peers

APEX trades at 30.3× 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.

APEX 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 8.8y of APEX history (6%/yr drift, 55%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
APEX 2027₹177₹358₹726-5%
APEX 2028₹125₹341₹930-9%
APEX 2029₹93₹325₹1,134-14%
APEX 2030₹72₹309₹1,321-18%
APEX 2031₹60₹294₹1,440-22%

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

What is the probability APEX goes up, or doubles?

46%
Higher in 1 year
Modelled chance the price is above today in 12 months
42%
Higher in 5 years
Modelled chance the price is above today in 5 years
23%
Doubles in 5 years
Modelled chance of reaching ₹754 within 5 years

The bull case for APEX

  • Apex Frozen Foods Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,134.

The bear case & risks

  • APEX's P/E of 30.3x is lower than 45% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • APEX's return on equity of 7.6% ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹93.

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

Over the last 8.8 years APEX compounded at 6%/year with annualized volatility of 55%. That volatility implies a 1-year 80% range of ₹177-₹726, the honest backbone behind any single price target.

APEX price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 8.8 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)
4.8%
80% range₹177-₹726
P(price ↑)46%
P(price 2×)9%
3-Year Forecast
2029
₹0
Median (P50)
13.8%
80% range₹93-₹1,134
P(price ↑)44%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
22.0%
80% range₹60-₹1,440
P(price ↑)42%
P(price 2×)23%

APEX price probability fan

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

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

Probability of key outcomes

What are the odds APEX 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 APEX price target & forecast page.

APEX Piotroski F-Score: 5/8, how financially strong is it?

5/8

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. APEX scores 5/8, mixed financial health.

APEX MTF margin & leverage across 9 brokers

Margin Trading Facility lets you buy APEX with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
ZerodhaCHEAPEST41.45%2.4×
Groww50.00%2.0×
Dhan60.00%1.7×
Kotak Neo100.00%1.0×
Paytm Money42.04%2.4×
Pocketful42.44%2.4×
Fyers50.00%2.0×
Anand RathiCHEAPEST41.45%2.4×
Share India41.71%2.4×

Compare every broker on the APEX MTF page.

About Apex Frozen Foods Limited: sector, index & market-cap context

Apex Frozen Foods Limited (APEX) is a small-cap NSE-listed company, with a market capitalisation of ₹1,177 Cr. See more stocks on our screener.

How the APEX Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Apex Frozen Foods 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.

APEX analysis, FAQs

Is Apex Frozen Foods Limited (APEX) a good buy?

On the numbers, Apex Frozen Foods Limited (APEX) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 30.3× earnings, ROE of 7.6%, a 46% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is APEX overvalued or undervalued?

APEX trades at 30.3× earnings, premium versus the ~22× long-run Nifty average.

What is the APEX share price target for 2031?

APEX's probability-weighted 2031 median target is ₹294, with an 80% range of ₹60-₹1,440 (10,000-path Monte-Carlo).

What is the probability APEX doubles in 5 years?

The modelled probability of APEX reaching ₹754 (2×) within 5 years is 23%.

What is the bull case for APEX?

Apex Frozen Foods Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in APEX?

APEX's P/E of 30.3x is lower than 45% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. APEX's return on equity of 7.6% ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on APEX