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REFEX.NS$316.05+2.71%
Fair $316.05+0.0%

REFEX.NS

Refex Industries Limited

Energy / Thermal CoalNSE

$316.05

+8.35 (+2.71%)

Fairly Valued+0.0%Fair Value $316.05Fund rank 26/100 · Data gapFallback financials|
SA 51/C
F-Score: 4/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $-925.3M · quality 48.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

51/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists.
Thesis & Journal · REFEX.NSLocal privado en este navegador · Refex Industries Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$46.0B

P/E

17.6x

↑

EV/EBITDA

10.4x

↑

ROE

13.5%

↑

Gross Margin

18.2%

↓

Debt/Equity

0.15

↓
52-Week Range$316
$188$534

TradingView lightweight chart

REFEX.NS price, volumen y niveles de valoración

Último $316.05Periodo +5112.5%
Fair value: $316.05

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2023–2026 · 3 años de histórico normalizado

Revenue CAGR

+12.1%

FCF CAGR

—

FCF margin

-4.1%

FCF / Net income

-0.46x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $22.77B · net income $2.03B · FCF $-925.3M

2023-FY → 2026-FY

Gross margin

18.2%+6.1% pts

Operating margin

14.8%+4.4% pts

Net margin

8.9%+1.8% pts

FCF margin

-4.1%-1.3% pts
MetricTTM
2026
2025
2024
2023
Income Statement
Revenue$22.77B$22.77B$22.59B$13.77B$16.18B
Net Income$2.03B$2.03B$1.59B$938.7M$1.16B
EBITDA$4.22B$4.22B$2.79B$1.52B$1.73B
EPS——12.338.3610.77
Gross Margin18.2%18.2%11.2%13.6%12.1%
Operating Margin14.8%14.8%8.7%10.1%10.4%
Net Margin8.9%8.9%7.0%6.8%7.2%
Balance Sheet
Debt/Equity0.150.150.240.460.48
Current Ratio2.042.04———
Cash Flow
Free Cash Flow$-925.3M$-925.3M$-4.69B$-478.7M$-443.7M
Returns
ROE13.5%13.5%13.1%20.2%36.9%
Valuation
P/E17.5917.5932.6417.215.11
EV/EBITDA10.3610.3618.6111.934.24
P/B2.882.884.273.441.89
Growth & Yield
Revenue Growth0.8%0.8%64.1%-14.9%—
EPS Growth——47.5%-22.4%—
Dividend Yield0.2%0.2%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -29.8%

Total return

-29.8%

Start / end P/E

n/dx → n/dx

EPS bridge

12.33 → n/d

Residual

-29.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.2%
Residual / FX / buybacks / cross-term-29.9%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.