ELECON
Elecon Eng. Co.
Each stock's 10,000-path forecast, rendered as light.
Elecon Eng. Co. (ELECON) Stock Analysis & Case Study
Is ELECON a good buy? The data-driven verdict.
Elecon Eng. Co. (ELECON) trades at ₹545,on the numbers it tread carefully, a Downstox Snapshot Score of 40/100.
On the numbers, Elecon Eng. Co. (ELECON) tread carefully, a Downstox Snapshot Score of 40/100, weighing premium at 34.6× earnings, ROE of 16.4%, a 32% 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.
ELECON fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
Is ELECON overvalued? ELECON P/E vs its sector
ELECON's P/E of 34.6× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.37% dividend yield is below the peer median of 1.65%.
ELECON 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 2.0y of ELECON history (-10%/yr drift, 48%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ELECON 2027 | ₹237 | ₹433 | ₹800 | -20% |
| ELECON 2028 | ₹149 | ₹348 | ₹826 | -35% |
| ELECON 2029 | ₹99 | ₹283 | ₹797 | -47% |
| ELECON 2030 | ₹67 | ₹228 | ₹770 | -58% |
| ELECON 2031 | ₹48 | ₹185 | ₹704 | -66% |
Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ELECON goes up, or doubles?
The bull case for ELECON
- A healthy 16.4% return on equity.
- Strong ROCE (20.9%) shows the core business earns well above its cost of capital.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹797.
The bear case & risks
- At 34.6× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.
- The probability model is cautious 12 months out, only a 32% chance of finishing above today's price.
- High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹99.
ELECON volatility & expected range, how bumpy is the ride?
Over the last 2.0 years ELECON compounded at -10%/year with annualized volatility of 48%. That volatility implies a 1-year 80% range of ₹237–₹800, the honest backbone behind any single price target.
ELECON price forecast, the full 60-month probability fan
ELECON price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ELECON hits common targets within the simulated horizon?
Full multi-horizon detail on the ELECON price target & forecast page.
ELECON Piotroski F-Score: 4/9, how financially strong is it?
The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. ELECON scores 4/9,mixed financial health.
ELECON MTF margin & leverage, Upstox, Zerodha, Groww, Dhan
Margin Trading Facility lets you buy ELECON with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| UpstoxCHEAPEST | 37.4% | 2.7× |
| ZerodhaCHEAPEST | 37.4% | 2.7× |
| DhanCHEAPEST | 37.4% | 2.7× |
Compare every broker on the ELECON MTF page.
Which ace investors hold ELECON?
Held by 1 tracked superstar investor (from public NSE/BSE disclosures):
ELECON vs peers,sector comparison
About Elecon Eng. Co.: sector, index & market-cap context
Elecon Eng. Co. (ELECON) is a small-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹12,225 Cr. See more Nifty 200 stocks.
How the ELECON Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Elecon Eng. Co.'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.
ELECON analysis, FAQs
Is Elecon Eng. Co. (ELECON) a good buy?
On the numbers, Elecon Eng. Co. (ELECON) tread carefully, a Downstox Snapshot Score of 40/100, weighing premium at 34.6× earnings, ROE of 16.4%, a 32% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ELECON overvalued or undervalued?
ELECON trades at 34.6× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.
What is the ELECON share price target for 2031?
ELECON's probability-weighted 2031 median target is ₹185, with an 80% range of ₹48–₹704 (10,000-path Monte-Carlo).
What is the probability ELECON doubles in 5 years?
The modelled probability of ELECON reaching ₹1,078 (2×) within 5 years is 4%.
What is the bull case for ELECON?
A healthy 16.4% return on equity. Strong ROCE (20.9%) shows the core business earns well above its cost of capital.
What are the risks in ELECON?
At 34.6× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished. The probability model is cautious 12 months out, only a 32% chance of finishing above today's price. High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.