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STOCK COMPARISON

SML Mahindra vs Tesla: Fair Value & Quality

Both stocks run through our valuation models. Here is how SML Mahindra (SMLMAH) and Tesla (TSLA) compare, as of Oct 2, 2026.

As of Oct 2, 2026, Fair Value Calculator sees SML Mahindra as the less overvalued of the two: SML Mahindra trades at ₹6,251 versus a fair value of ₹1,881 (−69.9%), while Tesla trades at $354 versus $40.97 (−88.4%).
SML Mahindra
SMLMAH.NSE · INR · Consumer Cyclical
−69.9%
upside to fair value
overvalued
Price₹6,251
Fair Value₹1,881
Quality57/100
Tesla
TSLA · USD · Consumer Discretionary
−88.4%
upside to fair value
overvalued
Price$354
Fair Value$40.97
Quality49/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

SML MahindraTesla
Valuation
57.6×P/E (TTM)321.9×
n/aP/E ex one-offs (FY2025)321.9×
n/aForward P/E (FY2027)161.2×
3.07×P/S (TTM)14.49×
17.42×P/B18.28×
33.4×EV/EBITDAn/a
n/aPEG4.53×
−69.9%Fair value upside−88.4%
0.4%Dividend yieldn/a
₹23.50Dividend per sharen/a
Profitability
9.1%Operating margin1.4%
n/aEBIT margin trend (5Y)0.73×
35.4%Return on equity4.7%
10.5%Return on assets1.9%
Growth
13.2%Revenue growth (YoY)25.5%
16.1%Avg. growth/yr (3Y)5.2%
36.9%Avg. growth/yr (5Y)24.6%
+36.2%Value creation/yr−0.8%
Balance & size
11.3×Interest coverage (EBIT/interest)12.9×
0.02×Debt / equity0.08×
$939MMarket cap$1.5T
mixedGrowth qualitymixed
The P/E excluding one-off items is only shown where the special items are documented in the accounts (our own raw data or SEC filings). If one side lacks it, the reported P/E stays scored.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.
Valuation multiples (P/E, P/S, P/B, EV/EBITDA) are shown but not scored here: the two companies sit in different sectors, and multiples only compare fairly between similar business models. PEG stays scored, as it relates the P/E to growth.

SML Mahindra leads: 7 to 1 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

SML Mahindraof which business quality 55 · market factors 84 Teslaof which business quality 51 · market factors 21
ProfitabilityMargins and returns on capital today
70
31
Quality GrowthAre margins and returns improving?
59
20
CashflowEarnings quality: real cash, not paper profit
26
52
Fin. StrengthBalance sheet, leverage, solvency risk
55
82
InvestmentDisciplined investing over empire-building
42
23
Low VolatilityCalm price path (market factor)
52
15
MomentumPrice trend over the last 3–12 months (market factor)
100
26
52W MomentumDistance to the 52-week high (market factor)
93
20
Net IssuanceShare count: buybacks or dilution?
82
89

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familySML MahindraPrice ₹6,251TeslaPrice $354
DCF Models−66.1%below the price₹2,119−86.8%below the price$46.67
Earnings-Based−74.8%below the price₹1,574−90.5%below the price$33.62
Dividend Discount−96.2%below the price₹239n/a
Multiples−66.1%below the price₹2,119−94.6%below the price$18.99
Asset-Based−96.2%below the price₹240−96.1%below the price$13.93
Growth DCF−74.3%below the price₹1,605−87.0%below the price$45.92
Economic Profit−82.7%below the price₹1,080−96.1%below the price$13.71
Growth Earnings−61.9%below the price₹2,382−87.4%below the price$44.63
Minimum−96.2%below the price₹239−96.1%below the price$13.71
Maximum−61.9%below the price₹2,382−86.8%below the price$46.67
Median−74.6%below the price₹1,590−90.5%below the price$33.62
Geometric mean−82.9%below the price₹1,067−92.3%below the price$27.42

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

SML Mahindra: 26 of 26 models see the stock below the current price.

Tesla: 24 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

SML Mahindra
Price ₹6,251
Fair Value ₹1,881
Bear ₹964Bull ₹2,630
Tesla
Price $354
Fair Value $40.97
Bear $22.60Bull $58.02

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

SML Mahindra · Consumer Cyclical

Quality score57 · above median
Fair value upside−69.9% · bottom 25%

Tesla · Consumer Discretionary

Quality score49 · below median
Fair value upside−88.4% · bottom 25%

Bottom line

As of Oct 2, 2026, Fair Value Calculator sees SML Mahindra as the less overvalued of the two: SML Mahindra trades at ₹6,251 versus a fair value of ₹1,881 (−69.9%), while Tesla trades at $354 versus $40.97 (−88.4%).

SML Mahindra has the higher quality score (57/100).

Open SML Mahindra live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.