Avenue Supermarts Limited

NSEI:DMART Stock Report

Market Cap: ₹2.4t

Avenue Supermarts Valuation

Is DMART 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 DMART when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DMART (₹3613.65) is trading above our estimate of fair value (₹508.98)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DMART. This is calculated by dividing DMART's market cap by their current earnings.
What is DMART's PE Ratio?
PE Ratio87.5x
Earnings₹26.87b
Market Cap₹2.35t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DMART vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.8x
TSCO Tesco
12.5x1.5%UK£23.7b
AD Koninklijke Ahold Delhaize
16.5x10.0%€30.2b
OSIAHYPER Osia Hyper Retail
20.6xn/a₹4.1b
3382 Seven & i Holdings
33.7x13.2%JP¥6.6t
DMART Avenue Supermarts
87.5x21.2%₹2.4t

Price-To-Earnings vs Peers: DMART is expensive based on its Price-To-Earnings Ratio (87.5x) compared to the peer average (20.8x).

Price to Earnings Ratio vs Industry

How does DMART's PE Ratio compare vs other companies in the IN Consumer Retailing Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
512624 Regent Enterprises
3.2xn/aUS$2.70m
540266 Globe Multi Ventures
1.9xn/aUS$2.36m
542025 Sun Retail
4xn/aUS$1.45m
No more companies available in this PE range
DMART 87.5xIndustry Avg. 34.3xNo. of Companies6PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DMART is expensive based on its Price-To-Earnings Ratio (87.5x) compared to the Indian Consumer Retailing industry average (34.3x).

Price to Earnings Ratio vs Fair Ratio

What is DMART'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.

DMART PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio87.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DMART's Price-To-Earnings Fair Ratio for valuation analysis.

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 DMART forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹3,613.65
₹4,480.64
+24.0%
15.5%₹5,800.00₹3,300.00n/a28
Nov ’25₹4,001.60
₹4,509.21
+12.7%
14.7%₹5,800.00₹3,397.00n/a28
Oct ’25₹4,954.35
₹5,026.14
+1.4%
14.9%₹6,300.00₹3,386.00n/a28
Sep ’25₹4,927.45
₹5,002.50
+1.5%
14.6%₹6,300.00₹3,386.00n/a28
Aug ’25₹4,993.80
₹4,953.19
-0.8%
14.2%₹6,000.00₹3,386.00n/a27
Jul ’25₹4,735.90
₹4,678.63
-1.2%
14.1%₹5,535.00₹3,276.00n/a27
Jun ’25₹4,302.15
₹4,597.48
+6.9%
13.6%₹5,535.00₹3,276.00n/a25
May ’25₹4,603.80
₹4,273.96
-7.2%
14.1%₹5,514.00₹3,200.00n/a25
Apr ’25₹4,483.30
₹4,169.23
-7.0%
13.0%₹5,514.00₹3,129.00n/a26
Mar ’25₹3,884.15
₹4,068.48
+4.7%
11.0%₹4,700.00₹3,129.00n/a25
Feb ’25₹3,808.20
₹4,068.48
+6.8%
11.0%₹4,700.00₹3,129.00n/a25
Jan ’25₹4,064.75
₹4,049.83
-0.4%
12.1%₹4,724.00₹3,084.00n/a23
Dec ’24₹3,988.40
₹4,053.83
+1.6%
12.6%₹5,006.00₹3,084.00n/a24
Nov ’24₹3,639.45
₹4,045.50
+11.2%
12.8%₹5,006.00₹3,084.00₹4,001.6024
Oct ’24₹3,675.60
₹3,929.54
+6.9%
13.7%₹5,055.00₹3,060.00₹4,954.3524
Sep ’24₹3,761.05
₹3,886.36
+3.3%
13.3%₹5,055.00₹3,060.00₹4,927.4525
Aug ’24₹3,740.30
₹3,844.64
+2.8%
12.8%₹5,055.00₹3,060.00₹4,993.8025
Jul ’24₹3,889.20
₹3,852.00
-1.0%
13.1%₹5,211.00₹3,147.00₹4,735.9025
Jun ’24₹3,500.90
₹3,843.80
+9.8%
13.0%₹5,211.00₹3,147.00₹4,302.1525
May ’24₹3,511.95
₹3,896.21
+10.9%
12.2%₹5,054.00₹3,115.00₹4,603.8024
Apr ’24₹3,401.05
₹3,936.54
+15.7%
12.1%₹5,054.00₹3,115.00₹4,483.3024
Mar ’24₹3,439.35
₹3,966.60
+15.3%
12.3%₹5,054.00₹3,115.00₹3,884.1525
Feb ’24₹3,551.35
₹3,982.60
+12.1%
12.4%₹5,054.00₹3,115.00₹3,808.2025
Jan ’24₹4,068.75
₹4,281.54
+5.2%
15.3%₹6,000.00₹3,173.00₹4,064.7524
Dec ’23₹4,044.15
₹4,281.54
+5.9%
15.3%₹6,000.00₹3,173.00₹3,988.4024
Nov ’23₹4,247.50
₹4,281.54
+0.8%
15.3%₹6,000.00₹3,173.00₹3,639.4524

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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