Vodafone Idea Limited

NSEI:IDEA Stock Report

Market Cap: ₹1.3t

Vodafone Idea Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IDEA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IDEA (₹11.78) is trading below our estimate of fair value (₹22.32)

Significantly Below Fair Value: IDEA is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As IDEA is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IDEA. This is calculated by dividing IDEA's market cap by their current revenue.
What is IDEA's PS Ratio?
PS Ratio2.9x
Sales₹442.28b
Market Cap₹1.28t

Price to Sales Ratio vs Peers

How does IDEA's PS Ratio compare to its peers?

The above table shows the PS ratio for IDEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.6x
BHARTIHEXA Bharti Hexacom
9.9x11.95%₹901.1b
532454 Bharti Airtel
6.6x10.97%₹12.7t
INDUSTOWER Indus Towers
3.7x5.58%₹1.2t
TATACOMM Tata Communications
2.1x9.23%₹510.2b
IDEA Vodafone Idea
2.9x11.15%₹1.3t

Price-To-Sales vs Peers: IDEA is good value based on its Price-To-Sales Ratio (2.9x) compared to the peer average (5.6x).

Price to Sales Ratio vs Industry

How does IDEA's PS Ratio compare vs other companies in the Asian Wireless Telecom Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
IDEA 2.9xIndustry Avg. 1.6xNo. of Companies9PS01.22.43.64.86+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IDEA is expensive based on its Price-To-Sales Ratio (2.9x) compared to the Asian Wireless Telecom industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is IDEA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IDEA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.9x
Fair PS Ratio5.1x

Price-To-Sales vs Fair Ratio: IDEA is good value based on its Price-To-Sales Ratio (2.9x) compared to the estimated Fair Price-To-Sales Ratio (5.1x).

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 IDEA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹11.78
₹8.89
-24.55%
32.63%₹15.10₹2.40n/a21
Dec ’26₹9.93
₹8.88
-10.56%
32.54%₹15.00₹2.40n/a21
Nov ’26₹8.73
₹7.15
-18.10%
37.13%₹15.00₹2.30n/a22
Oct ’26₹8.52
₹7.08
-16.88%
36.02%₹14.70₹2.30n/a22
Sep ’26₹6.54
₹7.11
+8.77%
37.00%₹15.30₹2.30n/a22
Aug ’26₹6.60
₹7.35
+11.30%
34.87%₹15.30₹2.30n/a22
Jul ’26₹7.45
₹7.53
+1.12%
37.18%₹15.30₹2.30n/a21
Jun ’26₹6.92
₹8.00
+15.54%
33.91%₹15.00₹2.40n/a22
May ’26₹7.12
₹8.14
+14.27%
33.60%₹15.00₹2.40n/a22
Apr ’26₹8.10
₹8.20
+1.29%
33.24%₹15.00₹2.40n/a22
Mar ’26₹7.55
₹7.85
+3.97%
37.87%₹15.00₹2.40n/a22
Feb ’26₹9.60
₹8.05
-16.19%
38.06%₹15.00₹2.40n/a22
Jan ’26₹8.01
₹8.45
+5.49%
44.20%₹19.00₹2.40₹11.6022
Dec ’25₹8.36
₹8.84
+5.75%
47.01%₹19.00₹2.40₹9.9322
Nov ’25₹8.45
₹11.33
+34.10%
41.76%₹23.00₹2.50₹8.7322
Oct ’25₹10.17
₹11.63
+14.33%
42.23%₹23.00₹2.50₹8.5222
Sep ’25₹15.64
₹12.59
-19.49%
45.96%₹23.00₹1.50₹6.5422
Aug ’25₹15.99
₹12.28
-23.20%
50.41%₹23.00₹1.50₹6.6020
Jul ’25₹17.62
₹12.18
-30.87%
51.25%₹23.00₹1.50₹7.4520
Jun ’25₹15.25
₹10.45
-31.46%
46.99%₹18.00₹1.50₹6.9219
May ’25₹13.20
₹7.65
-42.02%
61.25%₹14.50₹1.50₹7.1215
Apr ’25₹14.00
₹6.59
-52.90%
51.56%₹14.00₹1.50₹8.1017
Mar ’25₹14.20
₹6.50
-54.23%
49.79%₹14.00₹1.50₹7.5517
Feb ’25₹14.15
₹6.62
-53.25%
49.84%₹14.00₹1.50₹9.6016
Jan ’25₹17.00
₹5.74
-66.21%
42.63%₹11.00₹1.50₹8.0115
₹8.89
Fair Value
32.5% overvalued intrinsic discount
21
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/02 12:46
End of Day Share Price 2026/01/02 00:00
Earnings2025/09/30
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

Vodafone Idea Limited is covered by 53 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vivekanand SubbaramanAmbit Capital
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital