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

As of 2025-07-06, the Intrinsic Value of Mahindra and Mahindra Ltd (M&M.NS) is 1,871.66 INR. This M&M.NS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 3,162.50 INR, the upside of Mahindra and Mahindra Ltd is -40.80%.

The range of the Intrinsic Value is 1,393.83 - 2,650.40 INR

Is M&M.NS undervalued or overvalued?

Based on its market price of 3,162.50 INR and our intrinsic valuation, Mahindra and Mahindra Ltd (M&M.NS) is overvalued by 40.80%.

	Range	Selected	Upside
a
DCF (Growth 5y)	1,393.83 - 2,650.40	1,871.66	-40.8%
DCF (Growth 10y)	2,062.30 - 3,608.71	2,656.70	-16.0%
DCF (EBITDA 5y)	2,552.75 - 4,788.18	4,002.29	26.6%
DCF (EBITDA 10y)	2,946.43 - 5,477.02	4,415.57	39.6%
Fair Value	2,694.68 - 2,694.68	2,694.68	-14.79%
P/E	2,625.68 - 3,365.09	3,045.02	-3.7%
EV/EBITDA	1,538.76 - 3,247.23	2,596.85	-17.9%
EPV	366.69 - 672.96	519.83	-83.6%
DDM - Stable	469.85 - 902.08	685.97	-78.3%
DDM - Multi	1,050.66 - 1,583.98	1,264.71	-60.0%