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Samvardhana Motherson International Limited (MOTHERSON) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹1.5T (≈ $16.1B) · ISIN INE775A01035

What is Samvardhana Motherson International Limited really worth?

SM Samvardhana Motherson International Limited MOTHERSON · NSE
Price₹160.70
Fair Value₹80.63
Upside−49.8%
Quality45/100

Below-average quality, and trading another 99% above our fair value of ₹80.63.

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Strengths

Healthy Growth (revenue 5y +17.1 %/yr)
Low debt · generates free cash flow

Risks

!Thin margins · 3.1% net margin
!Trails peers (5/14)
!Narrow moat 41/100
!Weak on dividend: 7 out of 100

For context

·0.36% dividend yield
Evidence: High Range ₹56.94 – ₹100.79

Fair value as of: Aug 21, 2026

From 26 valuation models · updated 15 days ago

Share price +4.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹100.79). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

₹170.68 ₹40.42 Fair Value ₹80.63 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ₹40.42 – ₹170.68 · fair‑value band ₹56.94 – ₹100.79 · the ₹160.70 price screens above the ₹80.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Samvardhana Motherson International Limited (MOTHERSON) currently trades at ₹160.70, while our model-based Fair Value estimate is ₹80.63, implying the stock looks roughly 99.3% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Consumer Cyclical sector. Bull case: the DCF Models group reads highest at a median of ₹129.46 per share, and 3 of the 26 models we run sit above the ₹160.70 price. Bear case: the Dividend Discount group reads lowest at ₹9.76, and 23 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Samvardhana Motherson International Limited generated revenue of ₹1.3T at a net margin of 3.1%. Revenue grew 14.9% year over year. It earns a return on equity of 10.1%. Net debt stands at ₹109B. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹56.94 (bear case) to ₹100.79 (bull case); at ₹160.70, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at −50%, MOTHERSON screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹1.34 per share, which is 1.7 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF ₹77.66 ₹141.10 ₹318.70 74
EPV ₹47.74 ₹56.51 ₹64.30 74
Residual Income ₹34.13 ₹37.87 ₹64.45 74
All 26 models by family
DCF Models
FCF DCF ₹77.66 ₹141.10 ₹318.70 74
Owner Earnings ₹42.82 ₹98.46 ₹216.45 70
5Y Revenue Exit ₹64.22 ₹123.36 ₹221.80 69
5Y EBITDA Exit ₹91.74 ₹184.39 ₹329.28 72
5Y P/E Exit ₹62.67 ₹124.62 ₹202.02 68
10Y Revenue Exit ₹65.62 ₹132.33 ₹227.31 64
10Y EBITDA Exit ₹87.62 ₹183.33 ₹353.87 64
10Y P/E Exit ₹66.93 ₹129.46 ₹231.72 61
Earnings-Based
Graham-Dodd ₹24.92 ₹162.84 ₹227.87 63
Lynch FV ₹47.38 ₹67.69 ₹88.00 61
PEG = 1.0 ₹47.38 ₹67.69 ₹88.00 57
EPV ₹47.74 ₹56.51 ₹64.30 74
Dividend Discount
Gordon GGM ₹5.46 ₹11.92 ₹20.05 65
DDM Multi-Stage ₹5.46 ₹9.76 ₹12.42 66
Multiples
P/E Multiple ₹60.47 ₹80.63 ₹100.79 63
P/S Multiple ₹46.73 ₹62.30 ₹77.88 58
P/B Multiple ₹46.73 ₹62.30 ₹77.88 55
EV/EBIT ₹84.86 ₹113.78 ₹142.71 66
EV/EBITDA ₹99.81 ₹133.72 ₹167.62 67
EV/Revenue ₹56.58 ₹81.64 ₹106.71 53
Asset-Based
NCAV (Graham) ₹19.46 ₹26.07 ₹38.91 54
Growth DCF
Growth DCF ₹74.79 ₹159.82 ₹324.52 73
Rev-Margin DCF ₹64.22 ₹125.07 ₹213.57 70
Economic Profit
Residual Income ₹34.13 ₹37.87 ₹64.45 74
ROIC Compounder ₹54.97 ₹83.43 ₹107.14 71
Growth Earnings
Growth-Adj P/E ₹67.88 ₹96.97 ₹126.06 67

Widest divergence: DCF Models (₹129.46) versus Dividend Discount (₹9.76). Highest evidence: FCF DCF (74).

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Key figures & financial health

P/E ratio 43.3
P/S ratio 1.33 P/E × margin
EPS (TTM) ₹3.71 price ÷ EPS = P/E 43.3
Dividend yield 0.4% payout 15.7%
Net margin 3.1% FY2026
Return on equity 10.1% TTM
More key figures
Profitability
Return on assets (EBIT) 17.8% avg 5y
Operating margin 7.4% TTM
Growth
Revenue (TTM) ₹1.3T TTM
Revenue growth (YoY) +16.5% 3y avg +17.3%
EPS growth (YoY) +43.0%
Balance sheet & cash flow
Free cash flow ₹52.3B FY2026
Net debt ₹109B FY2026 · ≈ 2.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 47 · Market factors (momentum, volatility) 78

Profitability 44
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 28
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 80
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 67
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Samvardhana Motherson International Limited, together with its subsidiaries, manufactures and sells components to automotive original equipment manufacturers in India, Germany, the United States, and internationally. It operates through Wiring Harness, Modules and Polymer Products, Vision Systems, Integrated Assemblies, and Emerging Businesses segments.

Full company description

Samvardhana Motherson International Limited, together with its subsidiaries, manufactures and sells components to automotive original equipment manufacturers in India, Germany, the United States, and internationally. It operates through Wiring Harness, Modules and Polymer Products, Vision Systems, Integrated Assemblies, and Emerging Businesses segments. The company offers wiring harness components, power modules, electrical cabinets and power packs, and electrical distribution systems; and exterior and interior rearview mirrors components, and camera monitoring systems. It also provides plastic parts and system modules for vehicle interiors and exteriors, under-bonnet products, upholstery, sunroofs, and fuel tanks; cockpit systems, centre consoles, door panels, headliners, and front-end and value-added module assemblies; and full module service and system integration, and logistic services. In addition, the company engages in emerging businesses, including elastomers and extruded rubber components, lighting and electronics, precision metals and modules, technology and industrial, aerospace, and health and medical solutions; provision of HVAC and compressors, body control modules, struts, shock absorbers, and machine tool accessories; and other support services, such as engineering consulting, project management, and turnkey solutions, as well as operation of an industrial park; and design and manufacture of OEM-certified automotive parts, accessories, and dealer-fit products. Further, it offers enterprise resource planning system; waste recycling; and product engineering, in-house application tooling, and testing and validation services, as well as export its products. The company was formerly known as Motherson Sumi Systems Limited and changed its name to Samvardhana Motherson International Limited in May 2022. Samvardhana Motherson International Limited was founded in 1975 and is headquartered in Noida, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Samvardhana Motherson International Limited reported revenue of ₹1.3T in FY2026 versus ₹633B in FY2022, a compound +18.8%/yr. Reported net income was ₹38.6B in FY2026, compounding +45.0%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹1.3T
Latest YoY
+11.6%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.3%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.1%
Avg. revenue growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+27.4%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+11.2% (10.8 + 0.4)
Revenue +18.8%/yr
FY22 ₹633B
FY23 ₹782B
FY24 ₹982B
FY25 ₹1.1T
FY26 ₹1.3T
Net income +45.0%/yr
FY22 ₹8.7B
FY23 ₹15.0B
FY24 ₹27.2B
FY25 ₹38.0B
FY26 ₹38.6B
Character of growth · EPS growth decomposed (2015-2026) +6.9 % p.a.
Revenue per share +7.6 %

of which total revenue +12.8 % · buybacks/dilution −4.6 %

EBIT margin −2.7 %
Tax rate +1.5 %
Residual (interest, one-offs) +0.7 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

MOTHERSON screens 99% overvalued. Compare with O'Reilly Automotive, Inc →

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Cite: Fair Value Calculator (2026). "Samvardhana Motherson International Limited Fair Value". https://www.fairvalue-calculator.com/stock/MOTHERSON

Peer Group

Auto Parts · 640 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 45 · Below median
Fair Value upside −50% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 17% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.25× · Higher than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 43.3× · Pricier than 75% of peers
P/B 3.70× · Pricier than 75% of peers
P/S (TTM) 1.21× · Pricier than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 14.1× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 14
FUTURE83 · sector 21
PAST40 · sector 28
HEALTH88 · sector 95
DIVIDEND7 · sector 32

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

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O'Reilly Automotive, Inc ORLY $88.50 $47.50 −46%
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Fuyao Glass Industry Group 600660 ¥57.67 ¥84.47 +46%
Magna International Inc MGA $65.57 $68.17 +4%
Genuine Parts Company GPC $137.51 $58.07 −58%
Bosch Limited BOSCHLTD ₹48,700 ₹11,534 −76%
Ningbo Tuopu Group 601689 ¥45.82 ¥28.28 −38%
Bharat Forge Limited BHARATFORG ₹2,063 ₹393.20 −81%
Autoliv, Inc ALIVSDB kr 1,154 kr 198.76 −83%

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Frequently asked questions

Is Samvardhana Motherson International Limited (MOTHERSON) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹80.63 versus a price of ₹160.70, about −50% upside (overvalued).
What is the fair value of MOTHERSON?
Our model-based fair value for Samvardhana Motherson International Limited is ₹80.63 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹160.70.
What is the quality score of MOTHERSON?
Samvardhana Motherson International Limited has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Samvardhana Motherson International Limited (MOTHERSON)?
Samvardhana Motherson International Limited reported trailing-twelve-month revenue of about ₹1.3T (latest available figure, as of Aug 21, 2026).
What is the net profit margin of MOTHERSON?
The net profit margin of Samvardhana Motherson International Limited is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
Does Samvardhana Motherson International Limited pay a dividend?
Samvardhana Motherson International Limited currently shows a dividend yield of about 0.36% relative to its recent price (as of Aug 21, 2026).
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