NTPC Ltd
NSE:NTPC

Watchlist Manager
NTPC Ltd Logo
NTPC Ltd
NSE:NTPC
Watchlist
Price: 341.8 INR -1.95% Market Closed
Market Cap: 3.3T INR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NTPC stock under the Base Case scenario is 547.1 INR. Compared to the current market price of 341.8 INR, NTPC Ltd is Undervalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NTPC Relative Value
Base Case
547.1 INR
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.8
P/S
P/S
Price to Sales
1.8
vs History
19
vs Industry
42
Median 3Y
1.4
Median 5Y
1
Industry
1.7
Forward
1.8
More Details
15.1
P/E
P/E
Price to Earnings
15.1
vs History
22
vs Industry
35
Median 3Y
12.5
Median 5Y
9.1
Industry
14.9
Forward
15.3
More Details
7
P/OCF
P/OCF
Price to OCF
7
vs History
17
vs Industry
38
Median 3Y
5.4
Median 5Y
3.6
Industry
6.8
More Details
29.6
P/FCFE
P/FCFE
Price to FCFE
29.6
vs History
11
vs Industry
14
Median 3Y
18.2
Median 5Y
16.9
Industry
14
More Details
2
P/B
P/B
Price to Book Value
2
vs History
20
vs Industry
25
Median 3Y
1.6
Median 5Y
1.1
Industry
1.4
More Details
2.8
EV/S
EV/S
Enterprise Value to Sales
2.8
vs History
19
vs Industry
45
Median 3Y
2.4
Median 5Y
2.3
Industry
2.8
Forward
2.7
More Details
6.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.5
vs History
22
vs Industry
51
Median 3Y
5.7
Median 5Y
5.5
Industry
7.4
More Details
9.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.6
vs History
22
vs Industry
42
Median 3Y
8
Median 5Y
8
Industry
10.3
Forward
9.4
More Details
14.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.1
vs History
26
vs Industry
40
Median 3Y
12.2
Median 5Y
12
Industry
14.9
Forward
13.5
More Details
10.9
EV/OCF
EV/OCF
Enterprise Value to OCF
10.9
vs History
19
vs Industry
39
Median 3Y
10.4
Median 5Y
10
Industry
10.8
More Details
44.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
44.8
vs History
26
vs Industry
12
Median 3Y
42.8
Median 5Y
32.3
Industry
16.9
More Details
1.1
EV/IC
EV/IC
Enterprise Value to IC
1.1
vs History
20
vs Industry
27
Median 3Y
1
Median 5Y
0.8
Industry
0.9
More Details

Multiples Across Competitors

NTPC Competitors Multiples
NTPC Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
NTPC Ltd
NSE:NTPC
3.3T INR 1.8 15.1 9.6 14.1
DE
Uniper SE
XETRA:UN01
562.9B EUR 2.1 -29.7 -142.5 -87.5
SA
ACWA Power Co
SAU:2082
284.4B SAR 45.2 161.8 134.3 174.5
US
Vistra Corp
NYSE:VST
49.2B USD 2.9 19.9 9.7 15.9
CN
China National Nuclear Power Co Ltd
SSE:601985
191.1B CNY 2.4 19.9 17.8 17.8
CN
CGN Power Co Ltd
SZSE:003816
179.8B CNY 2.1 16.6 13.9 13.9
IN
Adani Power Ltd
NSE:ADANIPOWER
2.1T INR 3.7 15.9 10.8 13.4
TH
Gulf Energy Development PCL
SET:GULF
705.9B THB 5.8 38.8 37.3 45.5
CN
SDIC Power Holdings Co Ltd
SSE:600886
111.1B CNY 2 16.8 14 14
CN
Huaneng Power International Inc
SSE:600011
102.9B CNY 0.4 13.7 13.7 13.7
HK
China Resources Power Holdings Co Ltd
HKEX:836
91.4B HKD 0.9 6.4 10.1 10.1

See Also

Summary
NTPC intrinsic value, competitors valuation, and company profile.
DCF Valuation
NTPC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NTPC stock valuation using valuation multiples.
Wall Street Estimates
NTPC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NTPC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 252,900+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.