Mahindra & Mahindra Intrinsic Value
Mahindra & Mahindra (M&M) median intrinsic value is ₹2004.96 from 9 valuation models (range ₹1069–₹6033), vs current price ₹3081.30 — -34.9% downside (Trading Above Calculated Value), margin of safety -53.7%. Also explore M&M price trends to track price trends across different timeframes.
M&M Valuation Methods Summary — DCF, Graham Number & P/E
Mahindra & Mahindra intrinsic value across 9 models vs current price ₹3081.30 — upside/downside and value range per method. Browse M&M balance sheet details for revenue, profit, balance sheet and cash flow data.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹2004.96 | ₹1603.97 - ₹2405.95 | -34.9% | EPS: ₹167.08, Sector P/E: 12x |
| Book Value Method | asset | ₹1596.74 | ₹1437.07 - ₹1756.41 | -48.2% | Book Value/Share: ₹1596.74, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹3236.65 | ₹2912.99 - ₹3560.32 | +5.0% | Revenue/Share: ₹4045.81, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹4806.02 | ₹4325.42 - ₹5286.62 | +56.0% | EBITDA: ₹44696.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹1232.52 | ₹986.02 - ₹1479.02 | -60.0% | CF Growth: 5.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹1069.31 | ₹962.38 - ₹1176.24 | -65.3% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹1376.74 | ₹1239.07 - ₹1514.41 | -55.3% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹6032.97 | ₹5429.67 - ₹6636.27 | +95.8% | ROE: 23.6%, P/E Multiple: 16x |
| Graham Defensive Method | conservative | ₹2450.02 | ₹2205.02 - ₹2695.02 | -20.5% | EPS: ₹167.08, BVPS: ₹1596.74 |
M&M Intrinsic Value vs Market Price — All Valuation Models
Mahindra & Mahindra fair value range ₹1069–₹6033 vs current market price ₹3081.30 across 9 valuation models. For current market price and key ratios, visit Mahindra & Mahindra stock price NSE.
M&M Intrinsic Value Analysis — Undervalued or Overvalued?
Mahindra & Mahindra median intrinsic value ₹2004.96, current price ₹3081.30 — Trading Above Calculated Value by 34.9%, margin of safety -53.7%.
What is the intrinsic value of M&M?
Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Mahindra & Mahindra (M&M) is ₹2004.96 (median value). With the current market price of ₹3081.30, this represents a -34.9% variance from our estimated fair value.
The valuation range spans from ₹1069.31 to ₹6032.97, indicating ₹1069.31 - ₹6032.97.
Is M&M undervalued or overvalued?
Based on our multi-method analysis, Mahindra & Mahindra (M&M) appears to be trading above calculated value by approximately 34.9%.
M&M Financial Health — Key Ratios vs Industry Benchmarks
Mahindra & Mahindra financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Current Ratio | 1.29 | Industry Standard: 2.0+ | Below 1.5 | Measures short-term liquidity capacity |
| Return on Equity | 23.6% | Industry Standard: 15%+ | Above 15% | Measures shareholder return efficiency |
| Operating Margin | 18.0% | Industry Standard: 20%+ | Above 10% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.81x | Industry Standard: 1.0x+ | Above 0.5x | Measures asset utilization efficiency |
M&M Cash Flow Quality — Operating & Free Cash Flow
Mahindra & Mahindra operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2025 | ₹3,176 Cr | ₹-6,132 Cr | Positive Operating Cash Flow | 6/10 |
| March 2024 | ₹-5,630 Cr | ₹-8,438 Cr | Negative Cash Flow | 3/10 |
| March 2023 | ₹-7,074 Cr | ₹-11,507 Cr | Negative Cash Flow | 3/10 |
| March 2022 | ₹9,248 Cr | ₹7,622 Cr | Positive Free Cash Flow | 8/10 |
| March 2021 | ₹17,909 Cr | ₹8,066 Cr | Positive Free Cash Flow | 7/10 |