Larsen & Toubro Intrinsic Value

LT • Construction
Current Stock Price
₹4150.40
Primary Intrinsic Value
₹1369.92
Market Cap
₹1141.4K Cr
-20.9% Downside
Median Value
₹3283.16
Value Range
₹1245 - ₹8301
Assessment
Trading Above Calculated Value
Safety Margin
-26.4%

LT Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹1369.92 ₹1095.94 - ₹1643.90 -67.0% EPS: ₹114.16, Sector P/E: 12x
Book Value Method asset ₹4196.51 ₹3776.86 - ₹4616.16 +1.1% Book Value/Share: ₹4196.51, P/B: 1.0x
Revenue Multiple Method revenue ₹8071.91 ₹7264.72 - ₹8879.10 +94.5% Revenue/Share: ₹10089.89, P/S: 0.8x
EBITDA Multiple Method earnings ₹8300.80 ₹7470.72 - ₹9130.88 +100.0% EBITDA: ₹39592.00Cr, EV/EBITDA: 6x
Simple DCF (5Y) dcf ₹3092.69 ₹2474.15 - ₹3711.23 -25.5% CF Growth: 5.0%, Discount: 15%
PEG Ratio Method growth ₹1245.12 ₹1120.61 - ₹1369.63 -70.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹1245.12 ₹1120.61 - ₹1369.63 -70.0% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹8300.80 ₹7470.72 - ₹9130.88 +100.0% ROE: 16.2%, P/E Multiple: 14x
Graham Defensive Method conservative ₹3283.16 ₹2954.84 - ₹3611.48 -20.9% EPS: ₹114.16, BVPS: ₹4196.51
Dividend Yield Method dividend ₹1245.12 ₹1120.61 - ₹1369.63 -70.0% DPS: ₹34.00, Target Yield: 3.5%
Method Types: Earnings Asset DCF Growth Dividend Conservative

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

Valuation Comparison Chart

LT Intrinsic Value Analysis

What is the intrinsic value of LT?

Based on our comprehensive analysis using 10 different valuation methods, the estimated intrinsic value of Larsen & Toubro (LT) is ₹3283.16 (median value). With the current market price of ₹4150.40, this represents a -20.9% variance from our estimated fair value.

The valuation range spans from ₹1245.12 to ₹8300.80, indicating ₹1245.12 - ₹8300.80.

Is LT undervalued or overvalued?

Based on our multi-method analysis, Larsen & Toubro (LT) appears to be trading above calculated value by approximately 20.9%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 3.95 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Debt to Equity Ratio 3.29 Industry Standard: <0.5 Above 1.0 Indicates financial leverage level
Return on Equity 16.2% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 13.0% Industry Standard: 20%+ Above 10% Indicates operational efficiency level
Asset Turnover Ratio 0.73x Industry Standard: 1.0x+ Above 0.5x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹9,161 Cr ₹1,417 Cr Positive Free Cash Flow 7/10
March 2024 ₹18,266 Cr ₹18,266 Cr Positive Free Cash Flow 8/10
March 2023 ₹22,777 Cr ₹18,753 Cr Positive Free Cash Flow 8/10
March 2022 ₹19,164 Cr ₹17,372 Cr Positive Free Cash Flow 8/10
March 2021 ₹23,074 Cr ₹20,199 Cr Positive Free Cash Flow 8/10