What is the intrinsic value of ICEMAKE.NS?

As of 2025-08-04, the Intrinsic Value of Ice Make Refrigeration Ltd (ICEMAKE.NS) is 398.07 INR. This ICEMAKE.NS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 788.00 INR, the upside of Ice Make Refrigeration Ltd is -49.50%.

The range of the Intrinsic Value is 319.20 - 522.20 INR

Is ICEMAKE.NS undervalued or overvalued?

Based on its market price of 788.00 INR and our intrinsic valuation, Ice Make Refrigeration Ltd (ICEMAKE.NS) is overvalued by 49.50%.

	Range	Selected	Upside
a
DCF (Growth 5y)	319.20 - 522.20	398.07	-49.5%
DCF (Growth 10y)	651.63 - 1,067.19	813.63	3.3%
DCF (EBITDA 5y)	1,138.63 - 2,235.20	1,665.50	111.4%
DCF (EBITDA 10y)	1,511.49 - 3,155.87	2,253.86	186.0%
Fair Value	366.13 - 366.13	366.13	-53.54%
P/E	321.61 - 687.12	505.19	-35.9%
EV/EBITDA	329.01 - 655.19	510.01	-35.3%
EPV	43.09 - 65.93	54.51	-93.1%
DDM - Stable	70.28 - 135.18	102.73	-87.0%
DDM - Multi	367.63 - 556.49	443.37	-43.7%