EN DE

The Federal Bank Limited (FEDERALBNK) Fair Value & Analysis

Financial Services · IN · Market cap ₹861B

TF The Federal Bank Limited FEDERALBNK · NSE
Price₹356.25
Fair Value₹228.98
Upside-35.7%
Quality45/100
Watch The Federal Bank Limited for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Highly profitable · 29.9% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (6/14)
Wide moat 65/100
Evidence: High Range ₹171.73 – ₹286.22 Share as image

Fair value as of: Jul 18, 2026

From 6 valuation models · updated 22 days ago

Fair value updated Jul 18, 2026, revised from ₹229.16 to ₹228.98 (−0.1%) since Jun 26, 2026. Share price +9.1% over the past month.

Below-average quality, and screening another 36% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹286.22). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) 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.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹362.45 ₹68.58 Fair Value ₹228.98 Apr 2021 Aug 2026

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

How to read this chart

60‑month range ₹68.58 – ₹362.45 · fair‑value band ₹171.73 – ₹286.22 · the ₹356.25 price screens above the ₹228.98 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

The Federal Bank Limited (FEDERALBNK) currently trades at ₹356.25, while our model-based Fair Value estimate is ₹228.98, implying the stock looks roughly 35.7% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Financial Services 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).

Over the trailing twelve months, The Federal Bank Limited generated revenue of ₹145B at a net margin of 29.9%. Revenue grew 12.3% year over year. It earns a return on equity of 11.7%. Net debt stands at ₹63.0B. Fundamentals as of Jul 18, 2026

Our scenario range runs from ₹171.73 (bear case) to ₹286.22 (bull case); at ₹356.25, 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 near its 52-week high and 94% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at -36%, FEDERALBNK 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 BearBaseBull Evidence
Highest evidence
Residual Income ₹147.78 ₹172.82 ₹375.10 76
Gordon GGM ₹11.50 ₹25.11 ₹42.26 70
P/E Multiple ₹171.73 ₹228.98 ₹286.22 63
All 6 models by family
Dividend Discount
Gordon GGM ₹11.50 ₹25.11 ₹42.26 70
DDM Multi-Stage ₹11.50 ₹20.57 ₹26.17 61
Multiples
P/E Multiple ₹171.73 ₹228.98 ₹286.22 63
P/B Multiple ₹170.43 ₹227.24 ₹284.05 55
Asset-Based
NCAV (Graham) ₹81.16 ₹108.75 ₹162.31 50
Economic Profit
Residual Income ₹147.78 ₹172.82 ₹375.10 76

Widest divergence: Multiples (₹227.24) versus Dividend Discount (₹20.57). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) ₹145B
Revenue growth (YoY) +12.3%
Net margin 29.9%
Return on equity 11.7%
Free cash flow ₹82.0B FY2026
P/E ratio 17.4
More key figures
Operating margin 43.2%
EPS (TTM) ₹17.49
Dividend yield 0.4%
EPS growth (YoY) +22.2%
Net debt ₹63.0B FY2026

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 47 · Market factors (momentum, volatility) 88

Profitability 27
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 95
Earnings quality: real cash, not paper profit
Fin. Strength 22
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 81
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 52
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.

About the company

The Federal Bank Limited provides a range of banking and financial services in India. The company operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments.

Full company description

The Federal Bank Limited provides a range of banking and financial services in India. The company operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. Its deposit products include savings accounts, current accounts, demat accounts, salary accounts, fixed deposits, cash certificates, recurring deposits, exchange earners' foreign currency accounts, gilt accounts, resident foreign currency (RFC) domestic and other accounts, and NRI deposit schemes. The company's loan portfolio comprises personal, gold, housing, car, property, education and career, digital personal, instant digital, SME business, and other loans; loans against sovereign gold bonds and fixed deposit; term loans, project finance, and working capital loans; and debit and credit cards. In addition, it offers life, health, and general insurance products; cash management, wealth management, and merchant banking services; sovereign gold bonds, online trading, and national pension system; treasury products, such as FX retail, forward contracts, options, and swaps; and remittance, fund transfer, payment and collection, bill discounting, bank guarantees, letter of credit, post shipment limit, LC bill discounting, packing credit loan in foreign currency, and rediscounting of export bills abroad services; and deposit locker, e-commerce, internet banking, mobile banking, and tele banking services. The Federal Bank Limited operates a network of branches and ATMs/cash recyclers. The company was formerly known as Travancore Federal Bank Limited and changed its name to The Federal Bank Limited in March 1947. The Federal Bank Limited was incorporated in 1931 and is based in Aluva, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

The Federal Bank Limited reported revenue of ₹343B in FY2026 versus ₹165B in FY2022, a compound +20.0%/yr. Reported net income was ₹43.5B in FY2026, compounding +21.9%/yr from FY2022.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹343B
Latest YoY
+7.5%
Avg. growth/yr (3Y)
+19.2%
Avg. growth/yr (5Y)
+16.2%
Avg. growth/yr (22Y)
+15.3%
Revenue +20.0%/yr
FY22 ₹165B
FY23 ₹203B
FY24 ₹266B
FY25 ₹319B
FY26 ₹343B
Net income +21.9%/yr
FY22 ₹19.7B
FY23 ₹31.6B
FY24 ₹38.8B
FY25 ₹41.6B
FY26 ₹43.5B

FEDERALBNK screens 36% overvalued. Compare with PT Bank Central Asia Tbk →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "The Federal Bank Limited Fair Value". https://www.fairvalue-calculator.com/stock/FEDERALBNK

Peer Group

Banks - Regional · 1083 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 47 · Bottom 25%
Fair Value upside −36% · Bottom 25%
Return on equity (TTM) 12% · Above median
Return on assets 1% · Above median
Net margin (TTM) 30% · Above median
Operating margin (TTM) 43% · Above median
Revenue growth 12% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.81× · Higher than 75% of peers

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 18.7× · Pricier than 75% of peers
P/B 2.15× · Pricier than 75% of peers
P/S (TTM) 5.93× · Pricier than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 14.9× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 39
FUTURE 62 · sector 44
PAST 47 · sector 41
HEALTH 59 · sector 85
DIVIDEND 0 · sector 49

VALUE 0: the price sits above our fair-value range.

Insider activity: 30/100

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 Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,175 IDR 6,087 IDR -1%
KB Financial Group 105560 184,400 KRW 213,797 KRW +16%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,970 IDR 4,891 IDR +65%
PT Bank Mandiri (Persero) Tbk BMRI 4,310 IDR 7,841 IDR +82%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,900 KRW 137,259 KRW +27%
Hana Financial Group 086790 136,800 KRW 193,969 KRW +42%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 193.10 CLP 152.55 CLP -21%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,400 VND 84,201 VND +42%

Compare The Federal Bank Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is The Federal Bank Limited (FEDERALBNK) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of ₹228.98 versus a price of ₹356.25, about −36% (overvalued).
What is the fair value of FEDERALBNK?
Our model-based fair value for The Federal Bank Limited is ₹228.98 (as of Jul 18, 2026), built from audited fundamentals. The current price is ₹356.25.
What is the quality score of FEDERALBNK?
The Federal Bank Limited has a Quality Score of 45/100. 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 revenue of The Federal Bank Limited (FEDERALBNK)?
The Federal Bank Limited reported trailing-twelve-month revenue of about ₹145B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of FEDERALBNK?
The net profit margin of The Federal Bank Limited is about 29.9%, meaning it keeps roughly 29.9% of revenue as net income. Based on the latest reported figures.
Does The Federal Bank Limited pay a dividend?
The Federal Bank Limited currently shows a dividend yield of about 0.40% relative to its recent price (as of Jul 18, 2026).

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.

14 days Pro free · no card

Track The Federal Bank Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.