Havells Intrinsic Value

HAVELLS • Consumer Goods
Current Stock Price
₹1451.40
Primary Intrinsic Value
₹509.00
Market Cap
₹9144 Cr
+94.8% Upside
Median Value
₹2826.67
Value Range
₹435 - ₹3310
Assessment
Trading Below Calculated Value
Safety Margin
48.7%

HAVELLS Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹509.00 ₹407.20 - ₹610.80 -64.9% EPS: ₹20.36, Sector P/E: 25x
Book Value Method asset ₹3309.92 ₹2978.93 - ₹3640.91 +128.1% Book Value/Share: ₹1323.97, P/B: 2.5x
Revenue Multiple Method revenue ₹2902.80 ₹2612.52 - ₹3193.08 +100.0% Revenue/Share: ₹3092.06, P/S: 1.5x
EBITDA Multiple Method earnings ₹2902.80 ₹2612.52 - ₹3193.08 +100.0% EBITDA: ₹2120.00Cr, EV/EBITDA: 12x
Simple DCF (5Y) dcf ₹3266.47 ₹2613.18 - ₹3919.76 +125.1% CF Growth: 15.0%, Discount: 15%
PEG Ratio Method growth ₹435.42 ₹391.88 - ₹478.96 -70.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹435.42 ₹391.88 - ₹478.96 -70.0% Revenue Growth: 6.0%, Adj P/E: 18.5x
ROE Based Valuation profitability ₹2826.67 ₹2544.00 - ₹3109.34 +94.8% ROE: 15.2%, P/E Multiple: 14x
Graham Defensive Method conservative ₹778.79 ₹700.91 - ₹856.67 -46.3% EPS: ₹20.36, BVPS: ₹1323.97
Method Types: Earnings Asset DCF Growth Dividend Conservative

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

Valuation Comparison Chart

HAVELLS Intrinsic Value Analysis

What is the intrinsic value of HAVELLS?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Havells (HAVELLS) is ₹2826.67 (median value). With the current market price of ₹1451.40, this represents a +94.8% variance from our estimated fair value.

The valuation range spans from ₹435.42 to ₹3309.92, indicating ₹435.42 - ₹3309.92.

Is HAVELLS undervalued or overvalued?

Based on our multi-method analysis, Havells (HAVELLS) appears to be trading below calculated value by approximately 94.8%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 12.78 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Debt to Equity Ratio 1.66 Industry Standard: <0.5 Above 1.0 Indicates financial leverage level
Return on Equity 15.2% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 9.0% Industry Standard: 20%+ Below 10% Indicates operational efficiency level
Asset Turnover Ratio 1.41x Industry Standard: 1.0x+ Above 1.0x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹1,515 Cr ₹1,363 Cr Positive Free Cash Flow 8/10
March 2024 ₹1,953 Cr ₹1,144 Cr Positive Free Cash Flow 8/10
March 2023 ₹565 Cr ₹565 Cr Positive Free Cash Flow 8/10
March 2022 ₹1,728 Cr ₹1,348 Cr Positive Free Cash Flow 8/10
March 2021 ₹660 Cr ₹279 Cr Positive Free Cash Flow 7/10