HDFCAMC Stock Overview
HDFC Asset Management Company Limited is a publically owned investment manager.
HDFC Asset Management Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹1,816.05|
|52 Week High||₹3,365.00|
|52 Week Low||₹1,690.00|
|1 Month Change||6.55%|
|3 Month Change||-15.43%|
|1 Year Change||-39.17%|
|3 Year Change||-11.91%|
|5 Year Change||n/a|
|Change since IPO||0.006%|
Recent News & Updates
Should You Be Adding HDFC Asset Management (NSE:HDFCAMC) To Your Watchlist Today?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|HDFCAMC||IN Capital Markets||IN Market|
Return vs Industry: HDFCAMC underperformed the Indian Capital Markets industry which returned -12.5% over the past year.
Return vs Market: HDFCAMC underperformed the Indian Market which returned -1.7% over the past year.
|HDFCAMC Average Weekly Movement||4.6%|
|Capital Markets Industry Average Movement||7.0%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.9%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: HDFCAMC is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HDFCAMC's weekly volatility (5%) has been stable over the past year.
About the Company
HDFC Asset Management Company Limited is a publically owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It manages equity, fixed income, balanced, and real estate portfolios.
HDFC Asset Management Fundamentals Summary
|HDFCAMC fundamental statistics|
Is HDFCAMC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HDFCAMC income statement (TTM)|
|Cost of Revenue||₹3.23b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||65.31|
|Net Profit Margin||57.26%|
How did HDFCAMC perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
Is HDFCAMC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HDFCAMC?
Other financial metrics that can be useful for relative valuation.
|What is HDFCAMC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does HDFCAMC's PE Ratio compare to its peers?
|HDFCAMC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: HDFCAMC is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the peer average (19.3x).
Price to Earnings Ratio vs Industry
How does HDFCAMC's PE Ratio compare vs other companies in the Indian Capital Markets Industry?
Price-To-Earnings vs Industry: HDFCAMC is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the Indian Capital Markets industry average (17.2x)
Price to Earnings Ratio vs Fair Ratio
What is HDFCAMC'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.
|Current PE Ratio||27.8x|
|Fair PE Ratio||20.4x|
Price-To-Earnings vs Fair Ratio: HDFCAMC is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.4x).
Share Price vs Fair Value
What is the Fair Price of HDFCAMC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HDFCAMC (₹1816.05) is trading above our estimate of fair value (₹1048.71)
Significantly Below Fair Value: HDFCAMC is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: HDFCAMC is poor value based on its PEG Ratio (2.6x)
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How is HDFC Asset Management forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HDFCAMC's forecast earnings growth (10.8% per year) is above the savings rate (6.7%).
Earnings vs Market: HDFCAMC's earnings (10.8% per year) are forecast to grow slower than the Indian market (17.5% per year).
High Growth Earnings: HDFCAMC's earnings are forecast to grow, but not significantly.
Revenue vs Market: HDFCAMC's revenue (9.6% per year) is forecast to grow slower than the Indian market (11.5% per year).
High Growth Revenue: HDFCAMC's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HDFCAMC's Return on Equity is forecast to be high in 3 years time (26.8%)
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How has HDFC Asset Management performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HDFCAMC has a high level of non-cash earnings.
Growing Profit Margin: HDFCAMC's current net profit margins (57.3%) are lower than last year (60.2%).
Past Earnings Growth Analysis
Earnings Trend: HDFCAMC's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: HDFCAMC's earnings growth over the past year (5.1%) is below its 5-year average (16.6% per year).
Earnings vs Industry: HDFCAMC earnings growth over the past year (5.1%) underperformed the Capital Markets industry 43.3%.
Return on Equity
High ROE: HDFCAMC's Return on Equity (25.2%) is considered high.
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How is HDFC Asset Management's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HDFCAMC's short term assets (₹52.8B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: HDFCAMC's short term assets (₹52.8B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: HDFCAMC is debt free.
Reducing Debt: HDFCAMC had no debt 5 years ago.
Debt Coverage: HDFCAMC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HDFCAMC has no debt, therefore coverage of interest payments is not a concern.
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What is HDFC Asset Management current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HDFCAMC's dividend (2.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: HDFCAMC's dividend (2.31%) is in the top 25% of dividend payers in the Indian market (1.9%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HDFCAMC has been paying a dividend for less than 10 years.
Growing Dividend: HDFCAMC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), HDFCAMC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72%), HDFCAMC's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Navneet Munot (50 yo)
Mr. Navneet Munot, CFA, has been Managing Director, Chief Executive Officer and Director of HDFC Asset Management Company Ltd. since February 16, 2021. He served as the Chief Investment Officer at SBI Fund...
CEO Compensation Analysis
Compensation vs Market: Navneet's total compensation ($USD942.66K) is about average for companies of similar size in the Indian market ($USD926.41K).
Compensation vs Earnings: Navneet's compensation has increased by more than 20% in the past year.
Experienced Management: HDFCAMC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: HDFCAMC's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HDFCAMC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HDFC Asset Management Company Limited's employee growth, exchange listings and data sources
- Name: HDFC Asset Management Company Limited
- Ticker: HDFCAMC
- Exchange: NSEI
- Founded: 1999
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: ₹387.364b
- Shares outstanding: 213.30m
- Website: https://www.hdfcfund.com
Number of Employees
- HDFC Asset Management Company Limited
- HDFC House, H. T. Parekh Marg
- 2nd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 00:00|
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.