What is the intrinsic value of M&M.NS?

As of 2025-06-01, the Intrinsic Value of Mahindra and Mahindra Ltd (M&M.NS) is 1,893.47 INR. This M&M.NS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 2,976.80 INR, the upside of Mahindra and Mahindra Ltd is -36.40%.

The range of the Intrinsic Value is 1,400.52 - 2,707.45 INR

Is M&M.NS undervalued or overvalued?

Based on its market price of 2,976.80 INR and our intrinsic valuation, Mahindra and Mahindra Ltd (M&M.NS) is overvalued by 36.40%.

	Range	Selected	Upside
a
DCF (Growth 5y)	1,400.52 - 2,707.45	1,893.47	-36.4%
DCF (Growth 10y)	2,071.88 - 3,685.36	2,687.02	-9.7%
DCF (EBITDA 5y)	2,547.05 - 4,610.65	3,904.94	31.2%
DCF (EBITDA 10y)	2,947.45 - 5,347.88	4,350.12	46.1%
Fair Value	2,694.68 - 2,694.68	2,694.68	-9.48%
P/E	2,002.67 - 3,095.90	2,705.21	-9.1%
EV/EBITDA	1,515.20 - 3,064.29	2,535.68	-14.8%
EPV	369.67 - 688.62	529.14	-82.2%
DDM - Stable	466.08 - 901.79	683.94	-77.0%
DDM - Multi	1,040.08 - 1,583.38	1,257.09	-57.8%