Case study

MARINE

MARINE ELECTRICALS

Tread carefully1y model +13.2%

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

0Score

MARINE ELECTRICALS (MARINE) Stock Analysis & Case Study

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

MARINE ELECTRICALS (MARINE) trades at ₹270,on the numbers it tread carefully, a Downstox Snapshot Score of 40/100.

On the numbers, MARINE ELECTRICALS (MARINE) tread carefully, a Downstox Snapshot Score of 40/100, weighing expensive at 63.7× earnings, ROE of 13.2%, a 59% 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.

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

Market cap
₹3,777 Cr
Current price
₹270
P/E ratio
63.7×
P/B ratio
7.67×
Book value
₹35
Dividend yield
0.11%
ROCE
18.2%
ROE
13.2%
Piotroski F-Score
4/9

Is MARINE overvalued? MARINE P/E vs its sector

MARINE's P/E of 63.7× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.11% dividend yield is below the peer median of 1.65%.

MARINE P/E
63.7×
Peer median P/E
15.9×
MARINE div yield
0.11%
Peer median yield
1.65%

MARINE 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 MARINE history (26%/yr drift, 53%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
MARINE 2027₹149₹293₹569+13%
MARINE 2028₹127₹335₹863+29%
MARINE 2029₹117₹379₹1,190+47%
MARINE 2030₹112₹432₹1,662+67%
MARINE 2031₹107₹482₹2,161+86%

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

What is the probability MARINE goes up, or doubles?

59%
Higher in 1 year
Modelled chance the price is above today in 12 months
70%
Higher in 5 years
Modelled chance the price is above today in 5 years
48%
Doubles in 5 years
Modelled chance of reaching ₹517 within 5 years

The bull case for MARINE

  • A healthy 13.2% return on equity.
  • Strong ROCE (18.2%) shows the core business earns well above its cost of capital.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,190.

The bear case & risks

  • A rich 63.7× P/E leaves a thin margin of safety if growth slows.
  • High historical volatility (53%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹117.

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

Over the last 2.0 years MARINE compounded at 26%/year with annualized volatility of 53%. That volatility implies a 1-year 80% range of ₹149₹569, the honest backbone behind any single price target.

MARINE 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)
13.2%
80% range₹149–₹569
P(price ↑)59%
P(price 2×)14%
3-Year Forecast
2029
₹0
Median (P50)
46.8%
80% range₹117–₹1,190
P(price ↑)66%
P(price 2×)37%
5-Year Forecast
2031
₹0
Median (P50)
86.5%
80% range₹107–₹2,161
P(price ↑)70%
P(price 2×)48%

MARINE price probability fan

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

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

Probability of key outcomes

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

MARINE 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. MARINE scores 4/9,mixed financial health.

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

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

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST38.9%2.6×
ZerodhaCHEAPEST38.9%2.6×
Dhan50.0%2.0×

Compare every broker on the MARINE MTF page.

MARINE vs peers,sector comparison

StockP/EDiv yieldMarket cap
MARINE (this stock)63.7×0.11%₹3,777 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 MARINE ELECTRICALS: sector, index & market-cap context

MARINE ELECTRICALS (MARINE) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index group, with a market capitalisation of ₹3,777 Cr. See more Nifty 500 stocks.

How the MARINE Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of MARINE ELECTRICALS'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.

MARINE analysis, FAQs

Is MARINE ELECTRICALS (MARINE) a good buy?

On the numbers, MARINE ELECTRICALS (MARINE) tread carefully, a Downstox Snapshot Score of 40/100, weighing expensive at 63.7× earnings, ROE of 13.2%, a 59% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is MARINE overvalued or undervalued?

MARINE trades at 63.7× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the MARINE share price target for 2031?

MARINE's probability-weighted 2031 median target is ₹482, with an 80% range of ₹107₹2,161 (10,000-path Monte-Carlo).

What is the probability MARINE doubles in 5 years?

The modelled probability of MARINE reaching ₹517 (2×) within 5 years is 48%.

What is the bull case for MARINE?

A healthy 13.2% return on equity. Strong ROCE (18.2%) shows the core business earns well above its cost of capital.

What are the risks in MARINE?

A rich 63.7× P/E leaves a thin margin of safety if growth slows. High historical volatility (53%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on MARINE