HDFC Asset Management Company Limited

BSE:541729 Stock Report

Market Cap: ₹902.4b

HDFC Asset Management Valuation

Is 541729 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 541729 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 541729 (₹4221.85) is trading above our estimate of fair value (₹1589.57)

Significantly Below Fair Value: 541729 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 541729?

Key metric: As 541729 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 541729. This is calculated by dividing 541729's market cap by their current earnings.
What is 541729's PE Ratio?
PE Ratio40.9x
Earnings₹22.09b
Market Cap₹902.44b

Price to Earnings Ratio vs Peers

How does 541729's PE Ratio compare to its peers?

The above table shows the PE ratio for 541729 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average56.9x
NAM-INDIA Nippon Life India Asset Management
32.6x12.2%₹430.1b
360ONE 360 One Wam
45.4x14.6%₹419.7b
501301 Tata Investment
89.2xn/a₹328.7b
CDSL Central Depository Services (India)
60.4x14.7%₹321.9b
541729 HDFC Asset Management
40.9x14.3%₹902.4b

Price-To-Earnings vs Peers: 541729 is good value based on its Price-To-Earnings Ratio (40.9x) compared to the peer average (56.9x).

Price to Earnings Ratio vs Industry

How does 541729's PE Ratio compare vs other companies in the IN Capital Markets Industry?

22 CompaniesPrice / EarningsEstimated GrowthMarket Cap
533095 Bengal & Assam
2.9xn/aUS$1.25b
VLSFINANCE VLS Finance
4.2xn/aUS$151.92m
536773 Jindal Poly Investment and Finance
2.7xn/aUS$127.28m
JINDALPHOT Jindal Photo
2.6xn/aUS$108.49m
541729 40.9xIndustry Avg. 22.3xNo. of Companies34PE020406080100+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 541729 is expensive based on its Price-To-Earnings Ratio (40.9x) compared to the Indian Capital Markets industry average (22.3x).

Price to Earnings Ratio vs Fair Ratio

What is 541729'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.

541729 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.9x
Fair PE Ratio23.6x

Price-To-Earnings vs Fair Ratio: 541729 is expensive based on its Price-To-Earnings Ratio (40.9x) compared to the estimated Fair Price-To-Earnings Ratio (23.6x).

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 541729 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹4,221.85
₹4,862.08
+15.2%
10.1%₹5,500.00₹3,600.00n/a24
Nov ’25₹4,322.35
₹4,862.08
+12.5%
10.1%₹5,500.00₹3,600.00n/a24
Oct ’25₹4,365.10
₹4,460.09
+2.2%
9.8%₹4,950.00₹3,125.00n/a23
Sep ’25₹4,421.25
₹4,430.09
+0.2%
10.3%₹4,950.00₹3,125.00n/a23
Aug ’25₹4,177.80
₹4,430.09
+6.0%
10.3%₹4,950.00₹3,125.00n/a23
Jul ’25₹4,108.35
₹3,919.62
-4.6%
12.9%₹4,910.00₹2,765.00n/a21
Jun ’25₹3,881.75
₹3,854.86
-0.7%
11.2%₹4,450.00₹2,765.00n/a21
May ’25₹3,892.50
₹3,811.57
-2.1%
12.1%₹4,450.00₹2,765.00n/a21
Apr ’25₹3,788.20
₹3,465.29
-8.5%
13.2%₹4,300.00₹2,350.00n/a21
Mar ’25₹3,784.35
₹3,460.52
-8.6%
13.1%₹4,300.00₹2,350.00n/a21
Feb ’25₹3,586.75
₹3,411.00
-4.9%
12.5%₹4,010.00₹2,350.00n/a21
Jan ’25₹3,223.50
₹2,868.86
-11.0%
8.6%₹3,230.00₹2,200.00n/a21
Dec ’24₹2,929.55
₹2,824.59
-3.6%
10.6%₹3,230.00₹2,050.00n/a22
Nov ’24₹2,724.95
₹2,779.36
+2.0%
11.2%₹3,230.00₹2,050.00₹4,322.3522
Oct ’24₹2,646.15
₹2,496.67
-5.6%
11.9%₹2,920.00₹1,700.00₹4,365.1021
Sep ’24₹2,430.75
₹2,497.05
+2.7%
11.9%₹2,920.00₹1,700.00₹4,421.2521
Aug ’24₹2,555.10
₹2,487.85
-2.6%
12.2%₹2,920.00₹1,700.00₹4,177.8020
Jul ’24₹2,296.35
₹2,017.53
-12.1%
9.4%₹2,350.00₹1,580.00₹4,108.3519
Jun ’24₹1,949.05
₹1,991.74
+2.2%
8.9%₹2,250.00₹1,580.00₹3,881.7519
May ’24₹1,765.25
₹1,997.39
+13.2%
7.3%₹2,250.00₹1,706.00₹3,892.5018
Apr ’24₹1,705.70
₹2,161.56
+26.7%
9.5%₹2,600.00₹1,800.00₹3,788.2018
Mar ’24₹1,809.00
₹2,321.65
+28.3%
12.3%₹3,195.00₹1,880.00₹3,784.3517
Feb ’24₹1,859.85
₹2,324.00
+25.0%
12.1%₹3,195.00₹1,920.00₹3,586.7517
Jan ’24₹2,181.05
₹2,302.06
+5.5%
12.5%₹3,195.00₹1,890.00₹3,223.5016
Dec ’23₹2,200.05
₹2,284.29
+3.8%
12.1%₹3,195.00₹1,890.00₹2,929.5517
Nov ’23₹2,089.75
₹2,282.39
+9.2%
11.7%₹3,195.00₹1,890.00₹2,724.9518

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

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