TVS Motor Company Limited

NSEI:TVSMOTOR Stock Report

Market Cap: ₹1.2t

TVS Motor Valuation

Is TVSMOTOR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TVSMOTOR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TVSMOTOR (₹2501.45) is trading above our estimate of fair value (₹879)

Significantly Below Fair Value: TVSMOTOR is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TVSMOTOR?

Key metric: As TVSMOTOR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TVSMOTOR. This is calculated by dividing TVSMOTOR's market cap by their current earnings.
What is TVSMOTOR's PE Ratio?
PE Ratio63x
Earnings₹18.87b
Market Cap₹1.19t

Price to Earnings Ratio vs Peers

How does TVSMOTOR's PE Ratio compare to its peers?

The above table shows the PE ratio for TVSMOTOR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46x
505200 Eicher Motors
34.1x11.3%₹1.5t
500182 Hero MotoCorp
20.8x11.8%₹862.1b
BAJAJ-AUTO Bajaj Auto
34.4x16.7%₹2.5t
531795 Atul Auto
94.8xn/a₹16.2b
TVSMOTOR TVS Motor
63x22.9%₹1.2t

Price-To-Earnings vs Peers: TVSMOTOR is expensive based on its Price-To-Earnings Ratio (63x) compared to the peer average (46x).

Price to Earnings Ratio vs Industry

How does TVSMOTOR's PE Ratio compare vs other companies in the Asian Auto Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TVSMOTOR 63.0xIndustry Avg. 18.8xNo. of Companies9PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TVSMOTOR is expensive based on its Price-To-Earnings Ratio (63x) compared to the Asian Auto industry average (19x).

Price to Earnings Ratio vs Fair Ratio

What is TVSMOTOR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TVSMOTOR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio63x
Fair PE Ratio39.2x

Price-To-Earnings vs Fair Ratio: TVSMOTOR is expensive based on its Price-To-Earnings Ratio (63x) compared to the estimated Fair Price-To-Earnings Ratio (39.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TVSMOTOR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,501.45
₹2,632.45
+5.2%
16.0%₹3,350.00₹1,620.00n/a38
Dec ’25₹2,434.45
₹2,604.26
+7.0%
16.8%₹3,350.00₹1,620.00n/a39
Nov ’25₹2,509.70
₹2,607.38
+3.9%
16.8%₹3,350.00₹1,630.00n/a39
Oct ’25₹2,838.65
₹2,478.23
-12.7%
19.0%₹3,400.00₹1,444.00n/a39
Sep ’25₹2,813.30
₹2,449.79
-12.9%
18.8%₹3,400.00₹1,444.00n/a39
Aug ’25₹2,584.20
₹2,164.85
-16.2%
17.7%₹3,051.00₹1,400.00n/a40
Jul ’25₹2,354.60
₹2,112.15
-10.3%
16.1%₹3,051.00₹1,400.00n/a40
Jun ’25₹2,179.25
₹2,109.59
-3.2%
16.2%₹3,051.00₹1,400.00n/a39
May ’25₹2,060.00
₹2,055.59
-0.2%
17.7%₹3,051.00₹1,180.00n/a37
Apr ’25₹2,139.10
₹2,036.79
-4.8%
18.2%₹3,051.00₹1,180.00n/a39
Mar ’25₹2,242.60
₹2,034.10
-9.3%
18.1%₹3,051.00₹1,180.00n/a39
Feb ’25₹1,995.25
₹2,005.05
+0.5%
19.2%₹3,051.00₹1,180.00n/a38
Jan ’25₹2,019.05
₹1,738.24
-13.9%
19.2%₹3,051.00₹1,050.00₹2,406.6038
Dec ’24₹1,909.80
₹1,694.00
-11.3%
19.6%₹3,051.00₹1,000.00₹2,434.4539
Nov ’24₹1,560.85
₹1,672.85
+7.2%
19.7%₹3,051.00₹1,000.00₹2,509.7039
Oct ’24₹1,521.80
₹1,396.49
-8.2%
13.0%₹1,875.00₹900.00₹2,838.6537
Sep ’24₹1,454.10
₹1,386.00
-4.7%
12.6%₹1,875.00₹900.00₹2,813.3037
Aug ’24₹1,369.70
₹1,363.63
-0.4%
13.6%₹1,875.00₹900.00₹2,584.2038
Jul ’24₹1,325.65
₹1,274.11
-3.9%
12.7%₹1,550.00₹870.00₹2,354.6037
Jun ’24₹1,272.10
₹1,252.68
-1.5%
12.1%₹1,550.00₹870.00₹2,179.2537
May ’24₹1,138.35
₹1,190.58
+4.6%
12.9%₹1,550.00₹800.00₹2,060.0036
Apr ’24₹1,077.20
₹1,169.14
+8.5%
13.2%₹1,550.00₹800.00₹2,139.1035
Mar ’24₹1,062.95
₹1,168.46
+9.9%
13.5%₹1,550.00₹800.00₹2,242.6037
Feb ’24₹1,018.35
₹1,161.75
+14.1%
13.4%₹1,550.00₹800.00₹1,995.2536
Jan ’24₹1,085.40
₹1,153.92
+6.3%
14.7%₹1,400.00₹700.00₹2,019.0536

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 02:36
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TVS Motor Company Limited is covered by 75 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jinesh GandhiAmbit Capital
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
Bharat GiananiAngel Broking Private Limited