Motilal Oswal Financial Services Limited DCF Valuation
MOTILALOFS · Financial Services · Current price ₹1,057.6
Motilal Oswal Financial Services Limited cash-flow valuation
Our discounted cash flow (2-stage) values Motilal Oswal Financial Services Limited at ₹-214 per share. value is not a positive, finite number. A discounted cash flow is only as good as the cash-flow path it assumes, so the assumptions behind it are listed in full below.
Try your own assumptions
Prefer to build the discounted cash flow yourself? The DCF calculator below opens pre-filled with Motilal Oswal Financial 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 Motilal Oswal Financial 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 ₹1,301 – ₹1,590
Why this method for this business
The relative P/E and DCF models are appropriate for a financial services firm like Motilal Oswal Financial Services Ltd, which has a strong moat and predictable cash flows. The P/E model captures market sentiment and relative valuation, while DCF provides a fundamental check.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
value is not a positive, finite number
- The deterministic baseline excluded DCF due to negative value, but we re-evaluate it with a more realistic approach. Other models like EV/EBITDA are not used as the focus is on earnings and P/E multiples for a broker.
- The book-value residual income model is not used as it is not suitable for an asset-light, earnings-driven business like a broker.
What was missing
- Lack of detailed capital allocation data
- Limited analyst coverage for precise forward estimates
What drives it
15 inputs, grouped by how strong each claim is
- Sector-median P/E
- 33.13×
- Peers used
- 6
- EPS (TTM)
- 32.92 ₹/share
- Own-history median P/E
- 38.77×
peer-median
peer-median
computed
reconstructed (one feature, dampened — not a cap)
- Term: quality
- +0.8%
- Term: growth
- +26.2%
- Term: capital_allocation
- +4.6%
- Term: financial_strength
- -6.2%
- Term: history
- +5.1%
- Term: sector_rerating
- +0.0%
- Term: rate_regime
- +1.2%
- Term: risk
- +0.0%
quality 56/100 (about average) → neutral
durable ~15% CAGR (ROCE 18% > hurdle) → premium
capital allocation: rising ROCE funded by strong FCF → premium
financial strength: high leverage (D/E 1.7) → discount
history: market paid +17% 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
- +32.6%
- Fair-multiple confidence
- 79%
- Fair P/E
- 43.92×
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 Motilal Oswal Financial 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 Motilal Oswal Financial Services Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.