Mphasis Limited

BSE:526299 Stock Report

Market Cap: ₹528.3b

Mphasis Valuation

Is 526299 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 526299 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 526299 (₹2789.5) is trading above our estimate of fair value (₹1565.83)

Significantly Below Fair Value: 526299 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 526299?

Key metric: As 526299 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 526299. This is calculated by dividing 526299's market cap by their current earnings.
What is 526299's PE Ratio?
PE Ratio33.1x
Earnings₹15.95b
Market Cap₹528.28b

Price to Earnings Ratio vs Peers

How does 526299's PE Ratio compare to its peers?

The above table shows the PE ratio for 526299 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.4x
COFORGE Coforge
68x27.0%₹541.9b
TATATECH Tata Technologies
59.5x16.6%₹384.8b
PERSISTENT Persistent Systems
68x20.4%₹838.8b
TECHM Tech Mahindra
45.9x24.9%₹1.5t
526299 Mphasis
33.1x13.7%₹528.3b

Price-To-Earnings vs Peers: 526299 is good value based on its Price-To-Earnings Ratio (33.1x) compared to the peer average (60.4x).

Price to Earnings Ratio vs Industry

How does 526299's PE Ratio compare vs other companies in the IN IT Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GTL GTL
1.2xn/aUS$22.47m
517429 Athena Global Technologies
0.6xn/aUS$15.83m
509040 Netlink Solutions (India)
3.5xn/aUS$5.55m
512341 CES
0.05xn/aUS$130.33k
No more companies available in this PE range
526299 33.1xIndustry Avg. 34.5xNo. of Companies17PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 526299 is good value based on its Price-To-Earnings Ratio (33.1x) compared to the Indian IT industry average (34.5x).

Price to Earnings Ratio vs Fair Ratio

What is 526299'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.

526299 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.1x
Fair PE Ratio40.8x

Price-To-Earnings vs Fair Ratio: 526299 is good value based on its Price-To-Earnings Ratio (33.1x) compared to the estimated Fair Price-To-Earnings Ratio (40.8x).

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 526299 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,789.50
₹3,111.40
+11.5%
12.9%₹3,800.00₹2,060.00n/a30
Nov ’25₹2,897.45
₹3,084.13
+6.4%
13.7%₹3,800.00₹2,060.00n/a31
Oct ’25₹3,011.90
₹2,949.03
-2.1%
13.1%₹3,800.00₹2,060.00n/a31
Sep ’25₹3,103.50
₹2,817.55
-9.2%
16.5%₹3,780.00₹1,460.00n/a31
Aug ’25₹2,854.95
₹2,768.00
-3.0%
16.0%₹3,780.00₹1,460.00n/a30
Jul ’25₹2,494.30
₹2,460.93
-1.3%
11.7%₹2,900.00₹1,460.00n/a30
Jun ’25₹2,286.05
₹2,452.52
+7.3%
12.4%₹3,000.00₹1,460.00n/a31
May ’25₹2,315.90
₹2,462.77
+6.3%
12.6%₹3,000.00₹1,460.00n/a30
Apr ’25₹2,462.45
₹2,501.57
+1.6%
13.4%₹3,030.00₹1,460.00n/a30
Mar ’25₹2,616.45
₹2,501.20
-4.4%
13.9%₹3,030.00₹1,460.00n/a30
Feb ’25₹2,600.20
₹2,489.76
-4.2%
13.4%₹3,000.00₹1,460.00n/a29
Jan ’25₹2,732.45
₹2,348.48
-14.1%
13.6%₹2,850.00₹1,460.00n/a29
Dec ’24₹2,375.35
₹2,307.11
-2.9%
13.7%₹2,850.00₹1,460.00n/a28
Nov ’24₹2,140.40
₹2,307.11
+7.8%
13.7%₹2,850.00₹1,460.00₹2,897.4528
Oct ’24₹2,374.65
₹2,334.07
-1.7%
14.1%₹2,810.00₹1,460.00₹3,011.9028
Sep ’24₹2,432.75
₹2,270.33
-6.7%
14.6%₹2,810.00₹1,500.00₹3,103.5027
Aug ’24₹2,292.80
₹2,197.54
-4.2%
14.1%₹2,720.00₹1,500.00₹2,854.9528
Jul ’24₹1,893.30
₹1,974.70
+4.3%
13.0%₹2,570.00₹1,510.00₹2,494.3027
Jun ’24₹1,974.00
₹1,987.63
+0.7%
12.6%₹2,570.00₹1,550.00₹2,286.0527
May ’24₹1,815.00
₹2,011.85
+10.8%
12.2%₹2,600.00₹1,550.00₹2,315.9026
Apr ’24₹1,796.45
₹2,163.92
+20.5%
13.0%₹2,820.00₹1,640.00₹2,462.4525
Mar ’24₹2,060.30
₹2,246.46
+9.0%
10.2%₹2,820.00₹1,705.00₹2,616.4526
Feb ’24₹2,072.30
₹2,335.20
+12.7%
14.9%₹3,630.00₹1,705.00₹2,600.2030
Jan ’24₹1,975.25
₹2,450.90
+24.1%
12.9%₹3,630.00₹1,780.00₹2,732.4529
Dec ’23₹2,135.85
₹2,444.34
+14.4%
13.3%₹3,630.00₹1,780.00₹2,375.3529
Nov ’23₹2,010.85
₹2,500.77
+24.4%
15.5%₹3,630.00₹1,780.00₹2,140.4030

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

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