Spandana Sphoorty Financial Limited

NSEI:SPANDANA Stock Report

Market Cap: ₹26.7b

Spandana Sphoorty Financial Valuation

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

Below Fair Value: SPANDANA (₹364.65) is trading above our estimate of fair value (₹7.38)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SPANDANA. This is calculated by dividing SPANDANA's market cap by their current earnings.
What is SPANDANA's PE Ratio?
PE Ratio27.3x
Earnings₹954.10m
Market Cap₹26.65b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SPANDANA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.3x
REPCOHOME Repco Home Finance
6.2x4.4%₹27.6b
FEDFINA Fedbank Financial Services
13.1x33.8%₹36.3b
EQUITAS Equitas Holdings
16.2x44.7%₹41.1b
MASFIN MAS Financial Services
17.9xn/a₹50.3b
SPANDANA Spandana Sphoorty Financial
27.3x84.8%₹26.0b

Price-To-Earnings vs Peers: SPANDANA is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
523384 Maha Rashtra Apex
0.7xn/aUS$27.23m
No more companies available in this PE range
SPANDANA 27.3xIndustry Avg. 21.1xNo. of Companies9PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SPANDANA is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the Indian Consumer Finance industry average (21.1x).

Price to Earnings Ratio vs Fair Ratio

What is SPANDANA'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.

SPANDANA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.3x
Fair PE Ratio45x

Price-To-Earnings vs Fair Ratio: SPANDANA is good value based on its Price-To-Earnings Ratio (27.3x) compared to the estimated Fair Price-To-Earnings Ratio (44.9x).

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 SPANDANA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹364.65
₹557.29
+52.8%
27.8%₹925.00₹410.00n/a7
Nov ’25₹419.10
₹613.00
+46.3%
26.4%₹925.00₹500.00n/a7
Oct ’25₹586.30
₹909.86
+55.2%
13.9%₹1,184.00₹780.00n/a7
Sep ’25₹628.90
₹909.86
+44.7%
13.9%₹1,184.00₹780.00n/a7
Aug ’25₹670.45
₹998.63
+48.9%
20.2%₹1,450.00₹800.00n/a8
Jul ’25₹731.40
₹1,218.88
+66.6%
10.2%₹1,450.00₹1,065.00n/a8
Jun ’25₹756.35
₹1,218.88
+61.2%
10.2%₹1,450.00₹1,065.00n/a8
May ’25₹873.35
₹1,218.88
+39.6%
10.2%₹1,450.00₹1,065.00n/a8
Apr ’25₹882.80
₹1,335.25
+51.3%
8.0%₹1,450.00₹1,150.00n/a8
Mar ’25₹915.40
₹1,335.25
+45.9%
8.0%₹1,450.00₹1,150.00n/a8
Feb ’25₹994.05
₹1,354.57
+36.3%
7.4%₹1,450.00₹1,150.00n/a7
Jan ’25₹1,127.30
₹1,201.17
+6.6%
8.4%₹1,400.00₹1,065.00n/a6
Dec ’24₹1,014.95
₹1,134.50
+11.8%
4.4%₹1,207.00₹1,065.00n/a6
Nov ’24₹890.05
₹1,134.50
+27.5%
4.4%₹1,207.00₹1,065.00₹419.106
Oct ’24₹834.40
₹982.83
+17.8%
8.5%₹1,100.00₹847.00₹586.306
Sep ’24₹819.45
₹982.83
+19.9%
8.5%₹1,100.00₹847.00₹628.906
Aug ’24₹836.70
₹966.17
+15.5%
9.1%₹1,100.00₹847.00₹670.456
Jul ’24₹719.10
₹846.75
+17.8%
3.9%₹900.00₹815.00₹731.404
Jun ’24₹690.95
₹840.50
+21.6%
4.6%₹900.00₹800.00₹756.354
May ’24₹597.25
₹783.75
+31.2%
8.6%₹900.00₹735.00₹873.354
Apr ’24₹532.85
₹783.75
+47.1%
8.6%₹900.00₹735.00₹882.804
Mar ’24₹564.90
₹783.75
+38.7%
8.6%₹900.00₹735.00₹915.404
Feb ’24₹559.55
₹783.75
+40.1%
8.6%₹900.00₹735.00₹994.054
Jan ’24₹588.10
₹745.00
+26.7%
0.9%₹750.00₹735.00₹1,127.303
Dec ’23₹555.30
₹745.00
+34.2%
0.9%₹750.00₹735.00₹1,014.953
Nov ’23₹615.50
₹745.00
+21.0%
0.9%₹750.00₹735.00₹890.053

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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