NTPC Limited

BSE:532555 Stock Report

Market Cap: ₹3.6t

NTPC Valuation

Is 532555 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-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 532555 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532555 (₹361.9) is trading above our estimate of fair value (₹184.71)

Significantly Below Fair Value: 532555 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532555?

Key metric: As 532555 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532555. This is calculated by dividing 532555's market cap by their current earnings.
What is 532555's PE Ratio?
PE Ratio15.9x
Earnings₹220.73b
Market Cap₹3.58t

Price to Earnings Ratio vs Peers

How does 532555's PE Ratio compare to its peers?

The above table shows the PE ratio for 532555 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.4x
ADANIPOWER Adani Power
18.3xn/a₹2.0t
533148 JSW Energy
59.1x24.6%₹1.2t
513683 NLC India
19.5x17.9%₹360.8b
ACMESOLAR ACME Solar Holdings
28.4xn/a₹157.0b
532555 NTPC
15.9x3.5%₹3.6t

Price-To-Earnings vs Peers: 532555 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (31.4x).

Price to Earnings Ratio vs Industry

How does 532555's PE Ratio compare vs other companies in the IN Renewable Energy Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
533122 RattanIndia Power
0.7xn/aUS$842.88m
GVKPIL GVK Power & Infrastructure
1.5xn/aUS$94.40m
No more companies available in this PE range
532555 15.9xIndustry Avg. 32.6xNo. of Companies4PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532555 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the Indian Renewable Energy industry average (32.6x).

Price to Earnings Ratio vs Fair Ratio

What is 532555'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.

532555 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio20.4x

Price-To-Earnings vs Fair Ratio: 532555 is good value based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.4x).

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 532555 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹361.90
₹446.20
+23.3%
12.7%₹500.00₹280.00n/a25
Nov ’25₹411.50
₹445.21
+8.2%
12.9%₹500.00₹280.00n/a24
Oct ’25₹440.00
₹428.36
-2.6%
14.4%₹500.00₹271.00n/a25
Sep ’25₹416.40
₹427.96
+2.8%
14.9%₹523.00₹271.00n/a25
Aug ’25₹423.35
₹425.62
+0.5%
15.6%₹523.00₹271.00n/a26
Jul ’25₹369.90
₹407.80
+10.2%
15.6%₹523.00₹258.00n/a25
Jun ’25₹358.90
₹406.44
+13.2%
15.9%₹523.00₹258.00n/a25
May ’25₹363.10
₹371.52
+2.3%
13.8%₹523.00₹258.00n/a23
Apr ’25₹342.25
₹363.33
+6.2%
16.3%₹523.00₹215.00n/a24
Mar ’25₹343.45
₹361.42
+5.2%
16.0%₹523.00₹215.00n/a24
Feb ’25₹321.75
₹337.26
+4.8%
14.5%₹415.00₹215.00n/a23
Jan ’25₹309.50
₹283.91
-8.3%
13.4%₹380.00₹198.00n/a23
Dec ’24₹269.05
₹272.95
+1.5%
9.8%₹306.00₹198.00n/a21
Nov ’24₹232.70
₹265.82
+14.2%
10.2%₹300.00₹198.00₹411.5022
Oct ’24₹245.65
₹250.59
+2.0%
12.0%₹300.00₹177.00₹440.0022
Sep ’24₹230.60
₹238.09
+3.2%
11.8%₹275.00₹177.00₹416.4023
Aug ’24₹225.15
₹231.04
+2.6%
11.5%₹272.00₹177.00₹423.3523
Jul ’24₹189.15
₹204.91
+8.3%
6.2%₹233.00₹174.00₹369.9022
Jun ’24₹174.30
₹204.45
+17.3%
6.3%₹233.00₹174.00₹358.9022
May ’24₹171.55
₹201.41
+17.4%
5.4%₹223.00₹176.00₹363.1022
Apr ’24₹175.25
₹201.33
+14.9%
4.4%₹223.00₹180.00₹342.2521
Mar ’24₹172.00
₹201.41
+17.1%
5.0%₹223.00₹180.00₹343.4522
Feb ’24₹170.00
₹201.41
+18.5%
5.0%₹223.00₹180.00₹321.7522
Jan ’24₹166.35
₹196.90
+18.4%
5.5%₹220.00₹175.00₹309.5020
Dec ’23₹172.20
₹195.40
+13.5%
5.7%₹220.00₹175.00₹269.0520
Nov ’23₹181.75
₹194.80
+7.2%
5.8%₹220.00₹175.00₹232.7020

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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