HDFC Bank (MEX:HDBN) EV-to-FCF: 13.17 (As of Aug. 09, 2026) — 28% Below Median

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MEX:HDBN HDFC Bank Ltd MEX:HDBN
47 GF Score
Price MXN416.00
GF Value MXN640.98
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is HDFC Bank EV-to-FCF?

HDFC Bank MEX:HDBN 47 EV-to-FCF is 13.17 as of Aug. 09, 2026, which is 28% below its 10-year median of 18.21. GuruFocus rates MEX:HDBN with a GF Score™ of 47/100 and a GF Value™ of MXN640.98 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,191 Banks companies, HDFC Bank ranks worse than 72.8% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HDFC Bank's Enterprise Value is MXN2,854,214 Mil. HDFC Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN216,749 Mil. Therefore, HDFC Bank's EV-to-FCF for today is 13.17.

The historical rank and industry rank for HDFC Bank's EV-to-FCF or its related term are showing as below:

MEX:HDBN' s EV-to-FCF Range Over the Past 10 Years
Min: 8.84   Med: 18.21   Max: 82.93
Current: 14.31

During the past 13 years, the highest EV-to-FCF of HDFC Bank was 82.93. The lowest was 8.84. And the median was 18.21.

MEX:HDBN's EV-to-FCF is ranked worse than
72.8% of 1191 companies
in the Banks industry
Industry Median: 7.41 vs MEX:HDBN: 14.31

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-09), HDFC Bank's stock price is MXN416.00. HDFC Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN27.431. Therefore, HDFC Bank's PE Ratio (TTM) for today is 15.17.


HDFC Bank  (MEX:HDBN) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

HDFC Bank's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=416.00/27.431
=15.17

HDFC Bank's share price for today is MXN416.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HDFC Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN27.431.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


HDFC Bank EV-to-FCF Related Terms


HDFC Bank EV-to-FCF Historical Data

* Premium members only.

The historical data trend for HDFC Bank's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HDFC Bank EV-to-FCF Chart

HDFC Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.77 22.54 17.15 16.86 14.31

HDFC Bank Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.15 0.00 16.86 0.00 14.31

MEX:HDBN vs PNC: EV-to-FCF Comparison

For the Banks - Regional subindustry, HDFC Bank's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HDFC Bank EV-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, HDFC Bank's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where HDFC Bank's EV-to-FCF falls into.


MEX:HDBN
47GF Score
HDFC Bank Ltd MEX:HDBN
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HDFC Bank EV-to-FCF Calculation

HDFC Bank's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2854214.040/216748.732
=13.17

HDFC Bank's current Enterprise Value is MXN2,854,214 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HDFC Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN216,749 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 13.17 mean?
HDFC Bank (MEX:HDBN) has a EV-to-FCF of 13.17 as of Aug. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HDFC Bank and its competitors. This is 28% below median its historical median of 18.21. Over the past decade, HDFC Bank's EV-to-FCF has ranged from 8.84 to 82.93. According to the industry distribution chart, HDFC Bank ranks #867 out of 1191 companies in the Banks industry, placing it in the top 72.8%.
Is HDFC Bank's EV-to-FCF too high?
HDFC Bank's current EV-to-FCF of 13.17 is 28% below median its 10-year median of 18.21. Over the past 10 years, this metric has ranged from a low of 8.84 to a high of 82.93. The Banks industry median EV-to-FCF is 7.41. HDFC Bank's value of 13.17 is 77.7% above this industry median. Based on the distribution chart, HDFC Bank ranks #867 out of 1191 companies in the Banks industry, which is below the industry midpoint. Overall, HDFC Bank has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Bank's EV-to-FCF compare to PNC?
According to the Banks industry distribution chart, HDFC Bank ranks #867 out of 1191 companies for EV-to-FCF. This places HDFC Bank in the lower half of its industry. The industry median EV-to-FCF is 7.41. HDFC Bank's value of 13.17 is 77.7% above this benchmark. Historically, HDFC Bank's own EV-to-FCF has ranged from 8.84 to 82.93 over the past decade. While the company's 10-year median is 18.21 vs. the industry median of 7.41, HDFC Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Banks company?
The median EV-to-FCF among Banks companies is 7.41, based on 1,191 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HDFC Bank's current EV-to-FCF of 13.17 is 77.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HDFC Bank and its competitors. For the Banks industry, the median EV-to-FCF is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Bank's current EV-to-FCF is 13.17, which is 28% below median its own 10-year median of 18.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Bank stock overvalued right now?
Based on GuruFocus' analysis, HDFC Bank (MEX:HDBN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN640.98, compared to a current price of MXN416.00 — trading 35.1% below its estimated fair value. The current EV-to-FCF is 13.17, which is 28% below median its 10-year median of 18.21 and 77.7% above the Banks industry median of 7.41. HDFC Bank's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For HDFC Bank (MEX:HDBN), the current EV-to-FCF is 13.17 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HDFC Bank (MEX:HDBN) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Bank stock appears to be undervalued. The current stock price of MXN416.00 is trading 35.1% below its estimated GF Value™ of MXN640.98. GuruFocus considers HDFC Bank to be Significantly Undervalued.

Key valuation signals for MEX:HDBN:

  • EV-to-FCF: 13.17 (28% below median its 10-year median of 18.21)
  • GF Value™: MXN640.98 vs. price of MXN416.00 (35.1% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 77.7% above the Banks median (#867 of 1191)

No single metric tells the full story. See the MEX:HDBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HDFC Bank Business Description

Address Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013
HDFC Bank Ltd is an Indian bank. It operates in the following segments: Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment, which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para-banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.
47GF Score

Get the complete analysis for MEX:HDBN

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN416.00
Price
MXN640.98
GF Value