Case study

FINCABLES

Finolex Cables

Tread carefully1y model -21.3%

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

0Score

Finolex Cables (FINCABLES) Stock Analysis & Case Study

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

Finolex Cables (FINCABLES) trades at ₹1,190,on the numbers it tread carefully, a Downstox Snapshot Score of 41/100.

On the numbers, Finolex Cables (FINCABLES) tread carefully, a Downstox Snapshot Score of 41/100, weighing premium at 25.5× earnings, ROE of 12.3%, a 27% 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 20272031.

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

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

Market cap
₹18,218 Cr
Current price
₹1,190
P/E ratio
25.5×
P/B ratio
2.99×
Book value
₹398
Dividend yield
0.67%
ROCE
16.0%
ROE
12.3%
Piotroski F-Score
4/9

Is FINCABLES overvalued? FINCABLES P/E vs its sector

FINCABLES's P/E of 25.5× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.67% dividend yield is below the peer median of 1.65%.

FINCABLES P/E
25.5×
Peer median P/E
15.9×
FINCABLES div yield
0.67%
Peer median yield
1.65%

FINCABLES 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 FINCABLES history (-17%/yr drift, 39%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
FINCABLES 2027₹555₹916₹1,516-21%
FINCABLES 2028₹357₹716₹1,455-38%
FINCABLES 2029₹240₹566₹1,348-51%
FINCABLES 2030₹163₹444₹1,197-62%
FINCABLES 2031₹116₹349₹1,074-70%

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

What is the probability FINCABLES goes up, or doubles?

27%
Higher in 1 year
Modelled chance the price is above today in 12 months
8%
Higher in 5 years
Modelled chance the price is above today in 5 years
1%
Doubles in 5 years
Modelled chance of reaching ₹2,329 within 5 years

The bull case for FINCABLES

  • A healthy 12.3% return on equity.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,348.

The bear case & risks

  • At 25.5× 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 27% chance of finishing above today's price.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹240.

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

Over the last 2.0 years FINCABLES compounded at -17%/year with annualized volatility of 39%. That volatility implies a 1-year 80% range of ₹555₹1,516, the honest backbone behind any single price target.

FINCABLES price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 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)
21.3%
80% range₹555–₹1,516
P(price ↑)27%
P(price 2×)1%
3-Year Forecast
2029
₹0
Median (P50)
51.4%
80% range₹240–₹1,348
P(price ↑)14%
P(price 2×)2%
5-Year Forecast
2031
₹0
Median (P50)
70.0%
80% range₹116–₹1,074
P(price ↑)8%
P(price 2×)1%

FINCABLES price probability fan

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

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

Probability of key outcomes

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

FINCABLES Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. FINCABLES scores 4/9,mixed financial health.

FINCABLES MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

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

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST34.5%2.9×
ZerodhaCHEAPEST34.5%2.9×
DhanCHEAPEST34.5%2.9×

Compare every broker on the FINCABLES MTF page.

FINCABLES vs peers,sector comparison

StockP/EDiv yieldMarket cap
FINCABLES (this stock)25.5×0.67%₹18,218 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Finolex Cables: sector, index & market-cap context

Finolex Cables (FINCABLES) is a small-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹18,218 Cr. See more Nifty 200 stocks.

How the FINCABLES Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Finolex Cables'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.

FINCABLES analysis, FAQs

Is Finolex Cables (FINCABLES) a good buy?

On the numbers, Finolex Cables (FINCABLES) tread carefully, a Downstox Snapshot Score of 41/100, weighing premium at 25.5× earnings, ROE of 12.3%, a 27% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is FINCABLES overvalued or undervalued?

FINCABLES trades at 25.5× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the FINCABLES share price target for 2031?

FINCABLES's probability-weighted 2031 median target is ₹349, with an 80% range of ₹116₹1,074 (10,000-path Monte-Carlo).

What is the probability FINCABLES doubles in 5 years?

The modelled probability of FINCABLES reaching ₹2,329 (2×) within 5 years is 1%.

What is the bull case for FINCABLES?

A healthy 12.3% return on equity.

What are the risks in FINCABLES?

At 25.5× 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 27% chance of finishing above today's price.

More on FINCABLES