NTPC Intrinsic Value
NTPC intrinsic value. NTPC (NTPC) median intrinsic value is ₹356.30 from 10 valuation models (range ₹170–₹624), vs current price ₹312.00 — +14.2% upside (Trading Below Median Value), margin of safety 12.4%. Read NTPC dividend yield for the complete payout history and dividend yield track record.
NTPC Valuation Methods Summary — DCF, Graham Number & P/E
NTPC intrinsic value across 10 models vs current price ₹312.00 — upside/downside and value range per method. For current market price and key ratios, visit NTPC share price.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹518.88 | ₹415.10 - ₹622.66 | +66.3% | EPS: ₹43.24, Sector P/E: 12x |
| Book Value Method | asset | ₹217.75 | ₹195.97 - ₹239.53 | -30.2% | Book Value/Share: ₹217.75, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹170.29 | ₹153.26 - ₹187.32 | -45.4% | Revenue/Share: ₹212.87, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹257.99 | ₹232.19 - ₹283.79 | -17.3% | EBITDA: ₹41696.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹488.40 | ₹390.72 - ₹586.08 | +56.5% | CF Growth: 5.1%, Discount: 15% |
| PEG Ratio Method | growth | ₹276.74 | ₹249.07 - ₹304.41 | -11.3% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹356.30 | ₹320.67 - ₹391.93 | +14.2% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹624.00 | ₹561.60 - ₹686.40 | +100.0% | ROE: 20.1%, P/E Multiple: 16x |
| Graham Defensive Method | conservative | ₹435.50 | ₹391.95 - ₹479.05 | +39.6% | EPS: ₹43.24, BVPS: ₹217.75 |
| Dividend Yield Method | dividend | ₹257.14 | ₹231.43 - ₹282.85 | -17.6% | DPS: ₹9.00, Target Yield: 3.5% |
NTPC Intrinsic Value vs Market Price — All Valuation Models
NTPC fair value range ₹170–₹624 vs current market price ₹312.00 across 10 valuation models. Compare with NTPC DCF valuation to assess whether the stock is under or overvalued.
NTPC Intrinsic Value Analysis — Undervalued or Overvalued?
NTPC median intrinsic value ₹356.30, current price ₹312.00 — Trading Below Median Value by 14.2%, margin of safety 12.4%.
What is the intrinsic value of NTPC?
Based on our comprehensive analysis using 10 different valuation methods, the estimated intrinsic value of NTPC (NTPC) is ₹356.30 (median value). With the current market price of ₹312.00, this represents a +14.2% variance from our estimated fair value.
The valuation range spans from ₹170.29 to ₹624.00, indicating ₹170.29 - ₹624.00.
Is NTPC undervalued or overvalued?
Based on our multi-method analysis, NTPC (NTPC) appears to be trading below median value by approximately 14.2%.
NTPC Financial Health — Key Ratios vs Industry Benchmarks
NTPC 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 |
|---|---|---|---|---|
| Current Ratio | 0.40 | Industry Standard: 2.0+ | Below 1.5 | Measures short-term liquidity capacity |
| Return on Equity | 20.1% | Industry Standard: 15%+ | Above 15% | Measures shareholder return efficiency |
| Operating Margin | 17.0% | Industry Standard: 20%+ | Above 10% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.37x | Industry Standard: 1.0x+ | Below 0.5x | Measures asset utilization efficiency |
NTPC Cash Flow Quality — Operating & Free Cash Flow
NTPC 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 | ₹50,902 Cr | ₹32,113 Cr | Positive Free Cash Flow | 8/10 |
| March 2025 | ₹50,488 Cr | ₹27,562 Cr | Positive Free Cash Flow | 8/10 |
| March 2024 | ₹40,099 Cr | ₹24,371 Cr | Positive Free Cash Flow | 8/10 |
| March 2023 | ₹47,152 Cr | ₹34,080 Cr | Positive Free Cash Flow | 8/10 |
| March 2022 | ₹41,788 Cr | ₹30,343 Cr | Positive Free Cash Flow | 8/10 |