NHPC (NSE:NHPC) EV-to-FCF: (As of Jul. 23, 2026)

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NSE:NHPC NHPC Ltd NSE:NHPC
77 GF Score
Price ₹80.28
GF Value ₹107.96
Valuation Modestly Undervalued
! 7 Warning Signs
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What is NHPC EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NHPC's Enterprise Value is ₹1,302,274 Mil. NHPC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, NHPC's EV-to-FCF for today is .

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

NSE:NHPC' s EV-to-FCF Range Over the Past 10 Years
Min: -15.59   Med: 0   Max: 0
Current: -15.59

NSE:NHPC's EV-to-FCF is ranked worse than
100% of 235 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.42 vs NSE:NHPC: -15.59

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 (2026-07-23), NHPC's stock price is ₹80.28. NHPC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3.750. Therefore, NHPC's PE Ratio (TTM) for today is 21.41.


NHPC  (NSE:NHPC) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=80.28/3.750
=21.41

NHPC's share price for today is ₹80.28.
NHPC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3.750.

* 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.


NHPC EV-to-FCF Related Terms


NHPC EV-to-FCF Historical Data

* Premium members only.

The historical data trend for NHPC'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.

NHPC EV-to-FCF Chart

NHPC 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 60.87 -262.17 446.71 -33.23 -14.93

NHPC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -33.23 0.00 0.00 0.00 -14.93

NHPC EV-to-FCF Competitor Comparison

For the Utilities - Renewable subindustry, NHPC'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.


NHPC EV-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NHPC's EV-to-FCF distribution charts can be found below:

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


NSE:NHPC
77GF Score
NHPC Ltd NSE:NHPC
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NHPC EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1302273.995/0
=

NHPC's current Enterprise Value is ₹1,302,274 Mil.
NHPC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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.

Is NHPC (NSE:NHPC) Overvalued in 2026?

Based on GuruFocus' analysis, NHPC stock appears to be undervalued. The current stock price of ₹80.28 is trading 25.6% below its estimated GF Value™ of ₹107.96. GuruFocus considers NHPC to be Modestly Undervalued.

Key valuation signals for NSE:NHPC:

  • EV-to-FCF:
  • GF Value™: ₹107.96 vs. price of ₹80.28 (25.6% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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


NHPC Business Description

Other Exchanges 533098:India
Address Sector 33, NHPC Office Complex, Faridabad, HR, IND, 121003
NHPC Ltd is an electric utility company, of which the Indian government owns the vast majority of shares. The company produces electricity through the operation of its portfolio of hydroelectric power plants located across India. Electricity generation (including income from embedded Finance/ Operating leases) is the principal business activity of the Company. NHPC generates a majority of its revenue from the sale of energy to state electricity boards, state energy departments, and their successor companies via long-term agreements. The company has made efforts to expand its electric production capacity with thermal, wind, and solar power generating facilities. NHPC operates its power development and secondary consulting businesses exclusively in India.
77GF Score

Get the complete analysis for NSE:NHPC

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

₹80.28
Price
₹107.96
GF Value