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Hyundai Motor India Limited (HYUNDAI) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹1.6T

HM Hyundai Motor India Limited HYUNDAI · NSE
Price₹2,212
Fair Value₹1,251
Upside-43.5%
Quality62/100
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Healthy Growth
Thin margins · 7.7% net margin
Low debt · generates free cash flow
1.04% dividend yield
Mixed vs. peers (7/14)
Moderate moat 62/100
Evidence: High Range ₹801.92 – ₹1,671 Share as image

Fair value as of: Jul 19, 2026

From 26 valuation models · updated 19 days ago

Fair value updated Jul 19, 2026, revised from ₹1,211 to ₹1,251 (+3.3%) since Jul 16, 2026. Share price +11.7% over the past month.

A solid business, but screening 43% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹1,671). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹801.92 to ₹1,671) leaves room in how you read the outcome.
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Price vs Fair Value (21 months)

₹2,809 ₹1,568 Fair Value ₹1,251 Oct 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

21‑month range ₹1,568 – ₹2,809 · fair‑value band ₹801.92 – ₹1,671 · the ₹2,212 price screens above the ₹1,251 fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Hyundai Motor India Limited (HYUNDAI) currently trades at ₹2,212, while our model-based Fair Value estimate is ₹1,251, implying the stock looks roughly 43.5% overvalued today. We read business quality at 62/100 (solid quality), in the Consumer Cyclical 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, Hyundai Motor India Limited generated revenue of ₹708B at a net margin of 7.7%. Revenue grew 4.8% year over year. It earns a return on equity of 29.9%. The balance sheet holds a net cash position of ₹94.5B. Fundamentals as of Jul 19, 2026

Our scenario range runs from ₹801.92 (bear case) to ₹1,671 (bull case); at ₹2,212, 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 23% below its 52-week high and 33% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 25% fair-value upside, at -43%, HYUNDAI 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
Growth DCF ₹655.69 ₹931.15 ₹1,346 80
Residual Income ₹466.16 ₹633.96 ₹4,023 76
Rev-Margin DCF ₹753.79 ₹1,167 ₹1,639 74
All 26 models by family
DCF Models
FCF DCF ₹644.58 ₹953.04 ₹1,447 38
Owner Earnings ₹619.32 ₹912.81 ₹1,382 31
5Y Revenue Exit ₹753.79 ₹1,171 ₹1,705 39
5Y EBITDA Exit ₹910.15 ₹1,463 ₹2,110 41
5Y P/E Exit ₹892.92 ₹1,431 ₹1,996 38
10Y Revenue Exit ₹688.40 ₹1,066 ₹1,578 36
10Y EBITDA Exit ₹813.16 ₹1,274 ₹1,894 37
10Y P/E Exit ₹801.92 ₹1,251 ₹1,805 35
Earnings-Based
Graham-Dodd ₹454.55 ₹1,408 ₹1,872 54
Lynch FV ₹305.09 ₹435.84 ₹566.59 50
PEG = 1.0 ₹305.09 ₹435.84 ₹566.59 46
EPV ₹689.03 ₹788.69 ₹877.29 59
Dividend Discount
Gordon GGM ₹202.00 ₹441.00 ₹742.00 70
DDM Multi-Stage ₹202.00 ₹339.83 ₹459.59 61
Multiples
P/E Multiple ₹1,003 ₹1,337 ₹1,671 63
P/S Multiple ₹852.29 ₹1,136 ₹1,420 58
P/B Multiple ₹554.23 ₹738.98 ₹923.72 55
EV/EBIT ₹1,188 ₹1,542 ₹1,897 53
EV/EBITDA ₹1,156 ₹1,500 ₹1,844 54
EV/Revenue ₹841.08 ₹1,148 ₹1,456 43
Asset-Based
NCAV (Graham) ₹123.16 ₹165.04 ₹246.33 50
Growth DCF
Growth DCF ₹655.69 ₹931.15 ₹1,346 80
Rev-Margin DCF ₹753.79 ₹1,167 ₹1,639 74
Economic Profit
Residual Income ₹466.16 ₹633.96 ₹4,023 76
ROIC Compounder ₹718.14 ₹859.07 ₹1,011 72
Growth Earnings
Growth-Adj P/E ₹832.04 ₹1,189 ₹1,545 68

Widest divergence: Growth Earnings (₹1,189) versus Asset-Based (₹165.04). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) ₹708B
Revenue growth (YoY) +4.8%
Net margin 7.7%
Return on equity 29.9%
Free cash flow ₹35.3B FY2026
P/E ratio 29.8
More key figures
Operating margin 7.3%
EPS (TTM) ₹66.78
Dividend yield 1.0%
EPS growth (YoY) -22.2%
Net cash ₹94.5B FY2026

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 69 · Market factors (momentum, volatility) 50

Profitability 80
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 97
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 40
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.

About the company

Hyundai Motor India Limited engages in the manufacture and sale of passenger vehicles and parts in India and internationally. The company offers passenger vehicle models across sedans, hatchbacks, sports-utility vehicles (SUVs) and battery electric vehicles (EVs).

Full company description

Hyundai Motor India Limited engages in the manufacture and sale of passenger vehicles and parts in India and internationally. The company offers passenger vehicle models across sedans, hatchbacks, sports-utility vehicles (SUVs) and battery electric vehicles (EVs). The company provides motor vehicles, engine, and transmission and other parts, as well as provides related after-sales activities, and engineering services. It also exports its products to Latin America, Africa, the Middle East, and Europe. The company was incorporated in 1996 and is based in Gurugram, India. Hyundai Motor India Limited is a subsidiary of Hyundai Motor Company.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Hyundai Motor India Limited reported revenue of ₹708B in FY2026 versus ₹465B in FY2022, a compound +11.1%/yr. Reported net income was ₹54.3B in FY2026, compounding +17.0%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹708B
Latest YoY
+2.3%
Avg. growth/yr (3Y)
+6.2%
Avg. growth/yr (5Y)
+11.9%
Revenue +11.1%/yr
FY22 ₹465B
FY23 ₹591B
FY24 ₹686B
FY25 ₹692B
FY26 ₹708B
Net income +17.0%/yr
FY22 ₹29.0B
FY23 ₹47.1B
FY24 ₹60.6B
FY25 ₹56.4B
FY26 ₹54.3B

HYUNDAI screens 43% overvalued. Compare with Toyota Motor Corporation →

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Cite: Fair Value Calculator (2026). "Hyundai Motor India Limited Fair Value". https://www.fairvalue-calculator.com/stock/HYUNDAI

Peer Group

Auto Manufacturers · 119 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 62 · Top 25%
Fair Value upside −43% · Bottom 25%
Return on equity (TTM) 30% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 8% · Top 25%
Operating margin (TTM) 7% · Above median
Revenue growth 5% · Below median
Dividend yield (TTM) 1.0% · Bottom 25%
Debt / equity 0.02× · Lower than 75% of peers

Valuation Multiples vs Auto Manufacturers median · lower = cheaper

P/E (TTM) 29.8× · Pricier than median
P/B 8.09× · Pricier than 75% of peers
P/S (TTM) 2.29× · Pricier than 75% of peers
P/FCF 0.5× · Cheaper than median
EV/EBITDA 17.7× · 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 26
FUTURE 24 · sector 32
PAST 100 · sector 17
HEALTH 99 · sector 94
DIVIDEND 21 · sector 46

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 Auto Manufacturers stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Toyota Motor Corporation TM $179.76 $224.63 +25%
BYD Company 81211 HK$80.55 HK$50.85 -37%
General Motors Company GM $77.72 $56.93 -27%
Bayerische Motoren Werke Aktiengesellschaft BMWM5N 1,909 MXN 2,944 MXN +54%
Ferrari N.V RACE $376.64 $228.05 -39%
Ford Motor Company F C$11.86 C$4.00 -66%
Mercedes-Benz Group BENZ C$20.44 C$35.15 +72%
Volkswagen AG VOW 2,149 CZK 7,191 CZK +235%
Maruti Suzuki India Limited MARUTI ₹13,803 ₹8,236 -40%
Kia Corporation 000270 145,000 KRW 350,994 KRW +142%

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Frequently asked questions

Is Hyundai Motor India Limited (HYUNDAI) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of ₹1,251 versus a price of ₹2,212, about −43% (overvalued).
What is the fair value of HYUNDAI?
Our model-based fair value for Hyundai Motor India Limited is ₹1,251 (as of Jul 19, 2026), built from audited fundamentals. The current price is ₹2,212.
What is the quality score of HYUNDAI?
Hyundai Motor India Limited has a Quality Score of 62/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Hyundai Motor India Limited (HYUNDAI)?
Hyundai Motor India Limited reported trailing-twelve-month revenue of about ₹708B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of HYUNDAI?
The net profit margin of Hyundai Motor India Limited is about 7.7%, meaning it keeps roughly 7.7% of revenue as net income. Based on the latest reported figures.
Does Hyundai Motor India Limited pay a dividend?
Hyundai Motor India Limited currently shows a dividend yield of about 1.09% relative to its recent price (as of Jul 19, 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.

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