HCL Technologies Intrinsic Value
HCL Technologies intrinsic value. HCL Technologies (HCLTECH) median intrinsic value is ₹1542.86 from 10 valuation models (range ₹485–₹3319), vs current price ₹1421.70 — +8.5% upside (Trading Near Calculated Value), margin of safety 7.9%. Read HCLTECH dividend growth for the complete payout history and dividend yield track record.
HCLTECH Valuation Methods Summary — DCF, Graham Number & P/E
HCL Technologies intrinsic value across 10 models vs current price ₹1421.70 — upside/downside and value range per method. For current market price and key ratios, visit HCLTECH stock price BSE.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹910.08 | ₹728.06 - ₹1092.10 | -36.0% | EPS: ₹75.84, Sector P/E: 12x |
| Book Value Method | asset | ₹1384.84 | ₹1246.36 - ₹1523.32 | -2.6% | Book Value/Share: ₹1384.84, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹2112.94 | ₹1901.65 - ₹2324.23 | +48.6% | Revenue/Share: ₹2641.18, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹2843.40 | ₹2559.06 - ₹3127.74 | +100.0% | EBITDA: ₹30692.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹3318.77 | ₹2655.02 - ₹3982.52 | +133.4% | CF Growth: 4.3%, Discount: 15% |
| PEG Ratio Method | growth | ₹485.38 | ₹436.84 - ₹533.92 | -65.9% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹624.92 | ₹562.43 - ₹687.41 | -56.0% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹2843.40 | ₹2559.06 - ₹3127.74 | +100.0% | ROE: 27.3%, P/E Multiple: 16x |
| Graham Defensive Method | conservative | ₹1537.24 | ₹1383.52 - ₹1690.96 | +8.1% | EPS: ₹75.84, BVPS: ₹1384.84 |
| Dividend Yield Method | dividend | ₹1542.86 | ₹1388.57 - ₹1697.15 | +8.5% | DPS: ₹54.00, Target Yield: 3.5% |
HCLTECH Intrinsic Value vs Market Price — All Valuation Models
HCL Technologies fair value range ₹485–₹3319 vs current market price ₹1421.70 across 10 valuation models. Compare with HCL Technologies value estimation to assess whether the stock is under or overvalued.
HCLTECH Intrinsic Value Analysis — Undervalued or Overvalued?
HCL Technologies median intrinsic value ₹1542.86, current price ₹1421.70 — Trading Near Calculated Value by 8.5%, margin of safety 7.9%.
What is the intrinsic value of HCLTECH?
Based on our comprehensive analysis using 10 different valuation methods, the estimated intrinsic value of HCL Technologies (HCLTECH) is ₹1542.86 (median value). With the current market price of ₹1421.70, this represents a +8.5% variance from our estimated fair value.
The valuation range spans from ₹485.38 to ₹3318.77, indicating ₹485.38 - ₹3318.77.
Is HCLTECH undervalued or overvalued?
Based on our multi-method analysis, HCL Technologies (HCLTECH) appears to be trading near calculated value by approximately 8.5%.
HCLTECH Financial Health — Key Ratios vs Industry Benchmarks
HCL Technologies financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Return on Equity | 27.3% | Industry Standard: 15%+ | Above 15% | Measures shareholder return efficiency |
| Operating Margin | 21.0% | Industry Standard: 20%+ | Above 20% | Indicates operational efficiency level |
| Asset Turnover Ratio | 1.23x | Industry Standard: 1.0x+ | Above 1.0x | Measures asset utilization efficiency |
HCLTECH Cash Flow Quality — Operating & Free Cash Flow
HCL Technologies operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2026 | ₹19,975 Cr | ₹19,647 Cr | Positive Free Cash Flow | 8/10 |
| March 2025 | ₹22,261 Cr | ₹19,813 Cr | Positive Free Cash Flow | 8/10 |
| March 2024 | ₹22,448 Cr | ₹19,144 Cr | Positive Free Cash Flow | 8/10 |
| March 2023 | ₹18,009 Cr | ₹16,223 Cr | Positive Free Cash Flow | 8/10 |
| March 2022 | ₹16,900 Cr | ₹16,900 Cr | Positive Free Cash Flow | 8/10 |