Case study

MARUTI

Maruti Suzuki

Mixed signals
0Score

Maruti Suzuki (MARUTI) Stock Analysis & Case Study

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

Maruti Suzuki (MARUTI) trades at ₹13,421,on the numbers it mixed signals, a Downstox Snapshot Score of 51/100.

On the numbers, Maruti Suzuki (MARUTI) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 28.8× earnings, ROE of 14.4%. 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.

The Downstox take on MARUTI

The tension here is a market leader priced like a structural compounder while its returns look merely solid: ROCE near 19% beats its ROE of roughly 14%, which hints that excess cash and a light debt load are diluting per-rupee returns to shareholders. At a P/E close to 29, the market is paying up for franchise and volumes, not for screaming capital efficiency. The thin Piotroski score of 4 says the recent earnings-quality trend is soft, so the question is whether margins and cash conversion firm up to justify that premium.

Downstox editorial view, written by our own analysts. Information, not investment advice.

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

Market cap
₹4.22L Cr
Current price
₹13,421
P/E ratio
28.8×
P/B ratio
3.94×
Book value
₹3,408
Dividend yield
1.04%
ROCE
19.0%
ROE
14.4%
Piotroski F-Score
4/9

Is MARUTI overvalued? MARUTI P/E vs its Auto

MARUTI's P/E of 28.8× sits above the Auto peer median of 26.4×, so on earnings it screens in line with peers, while its 1.04% dividend yield is below the peer median of 1.08%.

MARUTI P/E
28.8×
Peer median P/E
26.4×
MARUTI div yield
1.04%
Peer median yield
1.08%

The bull case for MARUTI

  • A healthy 14.4% return on equity.
  • Strong ROCE (19.0%) shows the core business earns well above its cost of capital.

The bear case & risks

  • At 28.8× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.

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

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

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

BrokerMargin requiredApprox. leverage
Upstox26.8%3.7×
Zerodha22.8%4.4×
DhanCHEAPEST22.0%4.5×

Compare every broker on the MARUTI MTF page.

MARUTI vs peers,Auto comparison

StockP/EDiv yieldMarket cap
MARUTI (this stock)28.8×1.04%₹4.22L Cr
EICHERMOT37.6×0.92%₹2.09L Cr
HEROMOTOCO17.1×3.71%₹99,728 Cr
M&M21.5×1.08%₹3.81L Cr
BAJAJ-AUTO26.4×1.47%₹2.85L Cr
TVSMOTOR54.4×0.34%₹1.66L Cr
ASHOKLEY24.8×2.23%₹92,308 Cr

About Maruti Suzuki: sector, index & market-cap context

Maruti Suzuki (MARUTI) is a large-cap NSE-listed company in the Auto sector, and a constituent of the Nifty 50 index group, with a market capitalisation of ₹4.22L Cr. See more Nifty 50 stocks.

How the MARUTI Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Maruti Suzuki'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.

MARUTI analysis, FAQs

Is Maruti Suzuki (MARUTI) a good buy?

On the numbers, Maruti Suzuki (MARUTI) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 28.8× earnings, ROE of 14.4%. This is a data snapshot for research, not investment advice.

Is MARUTI overvalued or undervalued?

MARUTI trades at 28.8× earnings versus a peer median of 26.4×, so it screens richer than its Auto peers.

What is the bull case for MARUTI?

A healthy 14.4% return on equity. Strong ROCE (19.0%) shows the core business earns well above its cost of capital.

What are the risks in MARUTI?

At 28.8× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.

More on MARUTI