Artemis Medicare Services Limited DCF Valuation
ARTEMISMED · Healthcare · Current price ₹306.2
Artemis Medicare Services Limited cash-flow valuation
Our engine did not use a discounted-cash-flow model for Artemis Medicare Services Limited. It routes each business to the methods that suit it, and a DCF is a poor lens where cash-flow forecasts are fragile or the business is capital-structure driven. The methods it did use, and why, are set out below. Our published estimate is ₹470.
Try your own assumptions
Prefer to build the discounted cash flow yourself? The DCF calculator below opens pre-filled with Artemis Medicare Services Limited's reported free cash flow, net debt and share count, so you can set your own growth and discount rate.
How we got this fair value
Every number below is part of the same estimate for Artemis Medicare Services Limited. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹423 – ₹517
Why this method for this business
The hospital sector is asset-heavy and cyclically sensitive, making EV/EBITDA and relative P/E the most relevant models. DCF is less suitable due to the high capital intensity and uncertain cash flow patterns.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
required inputs missing
- dcf: Not suitable for a capital-intensive hospital business with uncertain cash flows
- fair multiple (P/E): Not used as the deterministic baseline already applied this method
What was missing
- Lack of detailed information on capital expenditure and debt structure
- Limited forward-looking data on patient volume and reimbursement rates
What drives it
15 inputs, grouped by how strong each claim is
- Sector-median P/E
- 48.15×
- Peers used
- 9
- EPS (TTM)
- 7.41 ₹/share
- Own-history median P/E
- 31.47×
peer-median
peer-median
computed
reconstructed (one feature, dampened — not a cap)
- Term: quality
- -1.1%
- Term: growth
- +40.0%
- Term: capital_allocation
- -0.5%
- Term: financial_strength
- +5.3%
- Term: history
- -10.4%
- Term: sector_rerating
- +0.0%
- Term: rate_regime
- +1.2%
- Term: risk
- +0.0%
quality 53/100 (about average) → neutral
durable ~47% CAGR (ROCE 14% > hurdle) → premium
capital allocation: steady → neutral
financial strength: low leverage (D/E 0.3) → mild premium
history: market paid -35% vs sector, dampened ×0.3 (one feature, not the anchor)
sector re-rating: no sector-norm history → not used
rates: risk-free 6.9% below ~7.1% normal → higher multiple
risk: no analyst-dispersion signal available → neutral (lowers confidence, not PE)
- Premium vs sector
- +31.6%
- Fair-multiple confidence
- 80%
- Fair P/E
- 63.37×
fundamentals + macro (not capped at own history)
data completeness + term agreement
sector median × ∏(1+term) — Dynamic Fair Multiple
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Artemis Medicare Services Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 14 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on Artemis Medicare Services Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

