Hindustan Aeronautics Intrinsic Value

HAL • Aerospace & Defense
Current Stock Price
₹4526.10
Primary Intrinsic Value
₹1357.83
Market Cap
₹1511.7K Cr
-70.0% Downside
Median Value
₹1357.83
Value Range
₹1047 - ₹3792
Assessment
Trading Above Calculated Value
Safety Margin
-100.0%

HAL Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹1357.83 ₹1086.26 - ₹1629.40 -70.0% EPS: ₹99.84, Sector P/E: 12x
Book Value Method asset ₹1047.46 ₹942.71 - ₹1152.21 -76.9% Book Value/Share: ₹1047.46, P/B: 1.0x
Revenue Multiple Method revenue ₹1357.83 ₹1222.05 - ₹1493.61 -70.0% Revenue/Share: ₹901.08, P/S: 0.8x
EBITDA Multiple Method earnings ₹1810.44 ₹1629.40 - ₹1991.48 -60.0% EBITDA: ₹9812.00Cr, EV/EBITDA: 6x
Simple DCF (5Y) dcf ₹3792.46 ₹3033.97 - ₹4550.95 -16.2% CF Growth: 5.0%, Discount: 15%
PEG Ratio Method growth ₹1357.83 ₹1222.05 - ₹1493.61 -70.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹1357.83 ₹1222.05 - ₹1493.61 -70.0% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹2798.32 ₹2518.49 - ₹3078.15 -38.2% ROE: 19.1%, P/E Multiple: 14x
Graham Defensive Method conservative ₹1533.95 ₹1380.56 - ₹1687.35 -66.1% EPS: ₹99.84, BVPS: ₹1047.46
Method Types: Earnings Asset DCF Growth Dividend Conservative

Want to compare with current market value? Check HAL share price latest .

Valuation Comparison Chart

HAL Intrinsic Value Analysis

What is the intrinsic value of HAL?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Hindustan Aeronautics (HAL) is ₹1357.83 (median value). With the current market price of ₹4526.10, this represents a -70.0% variance from our estimated fair value.

The valuation range spans from ₹1047.46 to ₹3792.46, indicating ₹1047.46 - ₹3792.46.

Is HAL undervalued or overvalued?

Based on our multi-method analysis, Hindustan Aeronautics (HAL) appears to be trading above calculated value by approximately 70.0%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 3.31 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Debt to Equity Ratio 3.04 Industry Standard: <0.5 Above 1.0 Indicates financial leverage level
Return on Equity 19.1% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 24.0% Industry Standard: 20%+ Above 20% Indicates operational efficiency level
Asset Turnover Ratio 0.28x Industry Standard: 1.0x+ Below 0.5x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹13,644 Cr ₹8,259 Cr Positive Free Cash Flow 8/10
March 2024 ₹8,223 Cr ₹5,018 Cr Positive Free Cash Flow 8/10
March 2023 ₹8,830 Cr ₹5,966 Cr Positive Free Cash Flow 8/10
March 2022 ₹10,173 Cr ₹3,781 Cr Positive Free Cash Flow 7/10
March 2021 ₹15,117 Cr ₹14,527 Cr Positive Free Cash Flow 8/10