Nuvama Wealth Management Limited DCF Valuation
NUVAMA · Financial Services · Current price ₹1,697
Nuvama Wealth Management Limited cash-flow valuation
Our discounted cash flow (2-stage) values Nuvama Wealth Management Limited at ₹108 per share. implied value is <0.2× the price (likely a data error). 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 Nuvama Wealth Management 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 Nuvama Wealth Management Limited. Nothing here is a target price or a forecast of where the share price will go.
The inputs are thin or the models disagree sharply. This is our least reliable kind of estimate, so read the range rather than the single number.
Estimate range ₹1,598 – ₹1,953
Why this method for this business
The relative P/E model is appropriate for a stockbroker, where earnings power and sector multiples are key. DCF is also relevant due to the capital-light nature of the business and the potential for stable cash flows.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
implied value is <0.2× the price (likely a data error)
- The deterministic baseline rejected DCF due to data errors, but we re-evaluate it here with more robust assumptions. Other models like EV/EBITDA are not applicable for a broker due to the nature of its earnings and capital structure.
What was missing
- Lack of forward EPS estimates
- Limited analyst coverage
- Insufficient historical data on sector multiples
What drives it
15 inputs, grouped by how strong each claim is
- Sector-median P/E
- 32.63×
- Peers used
- 6
- EPS (TTM)
- 59.59 ₹/share
- Own-history median P/E
- 21.55×
peer-median
peer-median
computed
reconstructed (one feature, dampened — not a cap)
- Term: quality
- -4.0%
- Term: growth
- +1.7%
- Term: capital_allocation
- +0.4%
- Term: financial_strength
- +2.5%
- Term: history
- -10.2%
- Term: sector_rerating
- +0.0%
- Term: rate_regime
- +1.2%
- Term: risk
- +0.0%
quality 47/100 (weak/erratic returns) → discount
~8% CAGR (ROCE 16% > hurdle) → neutral
capital allocation: steady → neutral
financial strength: low leverage (D/E 0.5) → mild premium
history: market paid -34% 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
- -8.7%
- Fair-multiple confidence
- 74%
- Fair P/E
- 29.79×
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 Nuvama Wealth Management 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 Nuvama Wealth Management Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.