NHPC LTD Fair Value
NHPC · Power · Current price ₹76.43
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹38 | 9% ROE fading to 15% over ~3 yrs, on ₹41 book |
| Relative P/E | ₹120 | EPS × 32.1 peer-median P/E |
| Graham floor | ₹59 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹89 | Street consensus 12-month target price |
Is NHPC LTD undervalued?
DocStoX estimates the fair value of NHPC LTD at ₹68 per share, versus the current market price of ₹76. That puts the stock about -10.9% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹38), Relative P/E (₹120), Graham floor (₹59), Analyst target (₹89). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹38 (bear) to ₹68 (base) to ₹120 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on NHPC LTD
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.