HDFC Asset Management Company Limited

BSE:541729 Stock Report

Market Cap: ₹1.1t

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.

Discounted Cash Flow
Simply Wall St
₹1.58k
Fair Value
214.2% overvalued intrinsic discount
25
Number of Analysts

Below Fair Value: 541729 (₹4970.85) is trading above our estimate of fair value (₹1582.33)

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 Ratio43.2x
Earnings₹24.60b
Market Cap₹1.06t

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 Average64.8x
NAM-INDIA Nippon Life India Asset Management
36.8x12.77%₹473.6b
360ONE 360 One Wam
46.6x18.90%₹472.7b
CDSL Central Depository Services (India)
66.8x13.49%₹351.7b
501301 Tata Investment
108.9xn/a₹339.8b
541729 HDFC Asset Management
43.2x12.22%₹1.1t

Price-To-Earnings vs Peers: 541729 is good value based on its Price-To-Earnings Ratio (43.2x) compared to the peer average (64.8x).

Price to Earnings Ratio vs Industry

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

13 CompaniesPrice / EarningsEstimated GrowthMarket Cap
JINDALPHOT Jindal Photo
3.9xn/aUS$101.33m
536773 Jindal Poly Investment and Finance
2.9xn/aUS$100.84m
526237 Morgan Ventures
4.4xn/aUS$13.22m
505343 Monotype India
4.3xn/aUS$6.21m
541729 43.2xIndustry Avg. 22.5xNo. of Companies34PE020406080100+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 541729 is expensive based on its Price-To-Earnings Ratio (43.2x) compared to the Indian Capital Markets industry average (22.5x).

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 Ratio43.2x
Fair PE Ratio24.2x

Price-To-Earnings vs Fair Ratio: 541729 is expensive based on its Price-To-Earnings Ratio (43.2x) compared to the estimated Fair Price-To-Earnings Ratio (24.2x).

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 541729 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹4,970.85
₹4,717.00
-5.11%
8.17%₹5,500.00₹3,740.00n/a25
Jun ’26₹4,784.05
₹4,644.60
-2.91%
8.81%₹5,100.00₹3,615.00n/a25
May ’26₹4,375.40
₹4,608.17
+5.32%
9.01%₹5,100.00₹3,600.00n/a24
Apr ’26₹3,975.40
₹4,601.25
+15.74%
9.57%₹5,250.00₹3,600.00n/a24
Mar ’26₹3,629.55
₹4,681.00
+28.97%
8.20%₹5,250.00₹3,700.00n/a25
Feb ’26₹3,909.20
₹4,717.80
+20.68%
8.36%₹5,250.00₹3,700.00n/a25
Jan ’26₹4,162.45
₹4,875.60
+17.13%
9.96%₹5,500.00₹3,600.00n/a25
Dec ’25₹4,207.25
₹4,862.08
+15.56%
10.10%₹5,500.00₹3,600.00n/a24
Nov ’25₹4,322.35
₹4,862.08
+12.49%
10.10%₹5,500.00₹3,600.00n/a24
Oct ’25₹4,365.10
₹4,460.09
+2.18%
9.80%₹4,950.00₹3,125.00n/a23
Sep ’25₹4,421.25
₹4,430.09
+0.20%
10.28%₹4,950.00₹3,125.00n/a23
Aug ’25₹4,177.80
₹4,430.09
+6.04%
10.28%₹4,950.00₹3,125.00n/a23
Jul ’25₹4,108.35
₹3,919.62
-4.59%
12.89%₹4,910.00₹2,765.00n/a21
Jun ’25₹3,881.75
₹3,854.86
-0.69%
11.18%₹4,450.00₹2,765.00₹4,784.0521
May ’25₹3,892.50
₹3,811.57
-2.08%
12.15%₹4,450.00₹2,765.00₹4,375.4021
Apr ’25₹3,788.20
₹3,465.29
-8.52%
13.16%₹4,300.00₹2,350.00₹3,975.4021
Mar ’25₹3,784.35
₹3,460.52
-8.56%
13.10%₹4,300.00₹2,350.00₹3,629.5521
Feb ’25₹3,586.75
₹3,411.00
-4.90%
12.52%₹4,010.00₹2,350.00₹3,909.2021
Jan ’25₹3,223.50
₹2,868.86
-11.00%
8.62%₹3,230.00₹2,200.00₹4,162.4521
Dec ’24₹2,929.55
₹2,824.59
-3.58%
10.64%₹3,230.00₹2,050.00₹4,207.2522
Nov ’24₹2,724.95
₹2,779.36
+2.00%
11.18%₹3,230.00₹2,050.00₹4,322.3522
Oct ’24₹2,646.15
₹2,496.67
-5.65%
11.93%₹2,920.00₹1,700.00₹4,365.1021
Sep ’24₹2,430.75
₹2,497.05
+2.73%
11.93%₹2,920.00₹1,700.00₹4,421.2521
Aug ’24₹2,555.10
₹2,487.85
-2.63%
12.16%₹2,920.00₹1,700.00₹4,177.8020
Jul ’24₹2,296.35
₹2,017.53
-12.14%
9.44%₹2,350.00₹1,580.00₹4,108.3519
Jun ’24₹1,949.05
₹1,991.74
+2.19%
8.85%₹2,250.00₹1,580.00₹3,881.7519
AnalystConsensusTarget
Consensus Narrative from 25 Analysts
₹4.72k
Fair Value
5.4% overvalued intrinsic discount
25
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/16 22:06
End of Day Share Price 2025/06/16 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

HDFC Asset Management Company Limited is covered by 33 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Praveen AgarwalAxis Capital Limited
null nullBatlivala & Karani Securities India Pvt. Ltd.
Swarnabha MukherjeeBatlivala & Karani Securities India Pvt. Ltd.