As of 2025-05-17, the Intrinsic Value of CESC Ltd (CESC.NS) is 96.09 INR. This CESC.NS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 165.19 INR, the upside of CESC Ltd is -41.8%.

The range of the Intrinsic Value is 67.12 - 140.51 INR.

Is CESC.NS undervalued or overvalued?

Based on its market price of 165.19 INR and our intrinsic valuation, CESC Ltd (CESC.NS) is overvalued by 41.8%.

165.19 INR

Stock Price

96.09 INR

Intrinsic Value

Intrinsic Value Details

CESC.NS Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	67.12 - 140.51	96.09	-41.8%
DCF (Growth Exit 10Y)	101.59 - 181.74	133.60	-19.1%
DCF (EBITDA Exit 5Y)	157.06 - 281.39	215.36	30.4%
DCF (EBITDA Exit 10Y)	168.23 - 300.01	227.51	37.7%
Peter Lynch Fair Value	52.67 - 52.67	52.67	-68.12%
P/E Multiples	179.92 - 337.51	246.27	49.1%
EV/EBITDA Multiples	205.66 - 704.5	394.24	138.7%
Earnings Power Value	207.73 - 278.74	243.24	47.2%
Dividend Discount Model - Stable	38.13 - 75.45	56.79	-65.6%
Dividend Discount Model - Multi Stages	46.95 - 74.42	57.74	-65.0%

CESC.NS Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Power Grid Corporation of India Ltd	104.05 - 241.85	154.95	-48.4%
Tata Power Company Ltd	146.33 - 429.54	241.02	-40.6%
Adani Transmission Ltd	65.35 - 420.54	177.49	-80.2%
Torrent Power Ltd	565.87 - 967.05	721.56	-50.0%
SJVN Ltd	107.6 - 276.67	181.98	74.6%
Mosenergo PAO	0.55 - 0.65	0.59	-82.0%
MRSK Tsentra i Privolzh'ya PAO	0.79 - 1.08	0.91	142.3%
Okinawa Electric Power Co Inc	379.68 - 379.68	379.68	-57.7%
MRSK Tsentra PAO	0.76 - 1.58	1.08	68.9%
India Power Corporation Ltd	4.7 - 12.31	6.98	-48.0%

CESC.NS Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	218,971
Beta	1.4
Outstanding shares (mil)	1,326
Enterprise Value (mil)	343,901

Market risk premium	8.8%
Cost of Equity	17.95%
Cost of Debt	8.1%
WACC	13.3%