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532134 Fair Value & Analysis

Financials · IN · Market cap ₹219B

5 532134 532134 · BSE
Price₹244.50
Fair Value₹187.35
Upside-23.4%
Quality58/100
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Healthy Growth
Thin margins · 0.0% net margin
Moderate debt · generates free cash flow
Moderate moat 58/100
Evidence: High Range ₹140.52 – ₹234.19 Share as image

Fair value as of: Aug 18, 2026

From 6 valuation models · updated 2 days ago

Share price −4.1% over the past month.

A solid business, but screening 23% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹234.19). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

₹314.34 ₹54.06 Fair Value ₹187.35 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.

How to read this chart

60‑month range ₹54.06 – ₹314.34 · fair‑value band ₹140.52 – ₹234.19 · the ₹244.50 price screens above the ₹187.35 fair value. Dashed = 300-day average. As of Aug 18, 2026.

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Analysis

532134 (532134) currently trades at ₹244.50, while our model-based Fair Value estimate is ₹187.35, implying the stock looks roughly 23.4% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Financials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Net debt stands at ₹94.7B. The stock trades on a trailing P/E of 20.6 (as of Aug 18, 2026). Fundamentals as of Aug 18, 2026

Our scenario range runs from ₹140.52 (bear case) to ₹234.19 (bull case); at ₹244.50, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 9% above its 52-week low. For context, the median of 10 Financials peers we cover trades at 100% fair-value upside, at -23%, 532134 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹1,741 ₹2,116 ₹4,881 76
Gordon GGM ₹464.18 ₹1,013 ₹1,705 70
P/E Multiple ₹2,162 ₹2,883 ₹3,604 63
All 6 models by family
Dividend Discount
Gordon GGM ₹464.18 ₹1,013 ₹1,705 70
DDM Multi-Stage ₹464.18 ₹830.13 ₹1,056 61
Multiples
P/E Multiple ₹2,162 ₹2,883 ₹3,604 63
P/B Multiple ₹1,946 ₹2,595 ₹3,244 55
Asset-Based
NCAV (Graham) ₹926.82 ₹1,242 ₹1,854 50
Economic Profit
Residual Income ₹1,741 ₹2,116 ₹4,881 76

Widest divergence: Multiples (₹2,595) versus Dividend Discount (₹830.13). Highest evidence: Residual Income (76).

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Key figures & financial health

Free cash flow ₹316B FY2025
P/E ratio 20.6 as of Aug 18, 2026
EPS (TTM) ₹2.30
Net debt ₹94.7B FY2025

Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 45

Profitability 44
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 95
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

532134 reported revenue of ₹749B in FY2025 versus ₹484B in FY2021, a compound +11.5%/yr. Reported net income was ₹198B in FY2025, compounding +26.1%/yr from FY2021.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
₹749B
Latest YoY
+0.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.2%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.3%
Avg. growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.2%
Revenue +11.5%/yr
FY21 ₹484B
FY22 ₹608B
FY23 ₹719B
FY24 ₹746B
FY25 ₹749B
Net income +26.1%/yr
FY21 ₹78.5B
FY22 ₹149B
FY23 ₹188B
FY24 ₹207B
FY25 ₹198B

532134 screens 23% overvalued. Compare with Federal Home Loan Mortgage Corporation →

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Cite: Fair Value Calculator (2026). "532134 Fair Value". https://www.fairvalue-calculator.com/stock/532134

Peer Group

Financials · 3173 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Banking Services” was too small, so the broader sector is used.)

Quality Score 57 · Above median
Fair Value upside −23% · Below median
Return on assets 0% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 19.7% · Top 25%
Debt / equity 0.82× · Higher than median

Valuation Multiples vs Financials median · lower = cheaper

P/E (TTM) 20.6× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banking Services stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).

Stock Price Fair Value vs Fair Value
Federal Home Loan Mortgage Corporation FMCKK $13.00 $26.00 +100%
LTG LTG 14.88 PHP 29.76 PHP +100%
532505 532505 ₹26.11 ₹52.22 +100%
590071 590071 ₹4,617 ₹7,978 +73%
535789 535789 ₹160.75 ₹236.63 +47%
540749 540749 ₹303.35 ₹385.27 +27%
Han Kook Capital.Co., Ltd 023760 670.00 KRW 1,340 KRW +100%
533295 533295 ₹23.72 ₹31.35 +32%
Sangsangin Co 038540 2,145 KRW 4,290 KRW +100%
BPC BPC 0.0850 PLN 0.0100 PLN -88%

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Frequently asked questions

Is 532134 overvalued or undervalued?
As of Aug 18, 2026, our model estimates a fair value of ₹187.35 versus a price of ₹244.50, about −23% (overvalued).
What is the fair value of 532134?
Our model-based fair value for 532134 is ₹187.35 (as of Aug 18, 2026), built from audited fundamentals. The current price: ₹244.50.
What is the quality score of 532134?
532134 has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of 532134?
The net profit margin of 532134 is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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