Havells Intrinsic Value

HAVELLS • Consumer Goods
Current Stock Price
₹1234.10
Primary Intrinsic Value
₹509.00
Market Cap
₹7775 Cr
+100.0% Upside
Median Value
₹2468.20
Value Range
₹370 - ₹3085
Assessment
Trading Below Calculated Value
Safety Margin
50.0%

HAVELLS Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹509.00 ₹407.20 - ₹610.80 -58.8% EPS: ₹20.36, Sector P/E: 25x
Book Value Method asset ₹3085.25 ₹2776.72 - ₹3393.78 +150.0% Book Value/Share: ₹1323.97, P/B: 2.5x
Revenue Multiple Method revenue ₹2468.20 ₹2221.38 - ₹2715.02 +100.0% Revenue/Share: ₹3092.06, P/S: 1.5x
EBITDA Multiple Method earnings ₹2468.20 ₹2221.38 - ₹2715.02 +100.0% EBITDA: ₹2120.00Cr, EV/EBITDA: 12x
Simple DCF (5Y) dcf ₹3085.25 ₹2468.20 - ₹3702.30 +150.0% CF Growth: 15.0%, Discount: 15%
PEG Ratio Method growth ₹370.23 ₹333.21 - ₹407.25 -70.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹377.47 ₹339.72 - ₹415.22 -69.4% Revenue Growth: 6.0%, Adj P/E: 18.5x
ROE Based Valuation profitability ₹2468.20 ₹2221.38 - ₹2715.02 +100.0% ROE: 15.2%, P/E Multiple: 14x
Graham Defensive Method conservative ₹778.79 ₹700.91 - ₹856.67 -36.9% EPS: ₹20.36, BVPS: ₹1323.97
Method Types: Earnings Asset DCF Growth Dividend Conservative

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 ₹2468.20 (median value). With the current market price of ₹1234.10, this represents a +100.0% variance from our estimated fair value.

The valuation range spans from ₹370.23 to ₹3085.25, indicating ₹370.23 - ₹3085.25.

Is HAVELLS undervalued or overvalued?

Based on our multi-method analysis, Havells (HAVELLS) appears to be trading below calculated value by approximately 100.0%.

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
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