HDFC Bank Intrinsic Value

HDFCBANK • Banks
Current Stock Price
₹949.05
Primary Intrinsic Value
₹613.44
Market Cap
₹726.0K Cr
+100.0% Upside
Median Value
₹1898.10
Value Range
₹327 - ₹2845
Assessment
Trading Below Calculated Value
Safety Margin
50.0%

HDFCBANK Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹613.44 ₹490.75 - ₹736.13 -35.4% EPS: ₹51.12, Sector P/E: 12x
Book Value Method asset ₹2372.62 ₹2135.36 - ₹2609.88 +150.0% Book Value/Share: ₹7034.61, P/B: 0.8x
Revenue Multiple Method revenue ₹1898.10 ₹1708.29 - ₹2087.91 +100.0% Revenue/Share: ₹6199.27, P/S: 1.0x
EBITDA Multiple Method earnings ₹1898.10 ₹1708.29 - ₹2087.91 +100.0% EBITDA: ₹106636.00Cr, EV/EBITDA: 5x
Simple DCF (5Y) dcf ₹2372.62 ₹1898.10 - ₹2847.14 +150.0% CF Growth: 15.0%, Discount: 15%
PEG Ratio Method growth ₹327.17 ₹294.45 - ₹359.89 -65.5% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹421.23 ₹379.11 - ₹463.35 -55.6% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹1898.10 ₹1708.29 - ₹2087.91 +100.0% ROE: 15.1%, P/E Multiple: 14x
Graham Defensive Method conservative ₹2844.51 ₹2560.06 - ₹3128.96 +199.7% EPS: ₹51.12, BVPS: ₹7034.61
Method Types: Earnings Asset DCF Growth Dividend Conservative

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

Valuation Comparison Chart

HDFCBANK Intrinsic Value Analysis

What is the intrinsic value of HDFCBANK?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of HDFC Bank (HDFCBANK) is ₹1898.10 (median value). With the current market price of ₹949.05, this represents a +100.0% variance from our estimated fair value.

The valuation range spans from ₹327.17 to ₹2844.51, indicating ₹327.17 - ₹2844.51.

Is HDFCBANK undervalued or overvalued?

Based on our multi-method analysis, HDFC Bank (HDFCBANK) 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 0.12 Industry Standard: 2.0+ Below 1.5 Measures short-term liquidity capacity
Debt to Equity Ratio 8.16 Industry Standard: <0.5 Above 1.0 Indicates financial leverage level
Return on Equity 15.1% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 48.0% Industry Standard: 20%+ Above 20% Indicates operational efficiency level
Asset Turnover Ratio 0.11x 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 ₹127,242 Cr ₹125,417 Cr Positive Free Cash Flow 8/10
March 2024 ₹19,069 Cr ₹19,069 Cr Positive Free Cash Flow 8/10
March 2023 ₹20,814 Cr ₹19,318 Cr Positive Free Cash Flow 8/10
March 2022 ₹-11,960 Cr ₹-12,986 Cr Negative Cash Flow 3/10
March 2021 ₹42,476 Cr ₹41,565 Cr Positive Free Cash Flow 8/10