NTPC (NSE:NTPC) EV-to-FCF: (As of Jul. 03, 2026)


NSE:NTPC NTPC Ltd NSE:NTPC
89 GF Score
Price ₹358.25
GF Value ₹350.62
Valuation Fairly Valued
! 4 Warning Signs
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What is NTPC EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NTPC's Enterprise Value is ₹5,985,775 Mil. NTPC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, NTPC's EV-to-FCF for today is .

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

NSE:NTPC' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 86.48
Current: 86.48

During the past 13 years, the highest EV-to-FCF of NTPC was 86.48. The lowest was 0.00. And the median was 0.00.

NSE:NTPC's EV-to-FCF is ranked worse than
87.84% of 296 companies
in the Utilities - Regulated industry
Industry Median: 18.59 vs NSE:NTPC: 86.48

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 (2026-07-03), NTPC's stock price is ₹358.25. NTPC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹27.900. Therefore, NTPC's PE Ratio (TTM) for today is 12.84.


NTPC  (NSE:NTPC) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=358.25/27.900
=12.84

NTPC's share price for today is ₹358.25.
NTPC'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 ₹27.900.

* 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.


NTPC EV-to-FCF Related Terms


NTPC EV-to-FCF Historical Data

* Premium members only.

The historical data trend for NTPC'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.

NTPC EV-to-FCF Chart

NTPC 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 19.76 17.66 60.67 65.42 89.14

NTPC 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 65.42 0.00 0.00 0.00 89.14

NSE:NTPC vs NEE, SO, DUK: EV-to-FCF Comparison

For the Utilities - Regulated Electric subindustry, NTPC'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.


NTPC EV-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NTPC's EV-to-FCF distribution charts can be found below:

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


NSE:NTPC
89GF Score
NTPC Ltd NSE:NTPC
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTPC EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5985774.909/0
=

NTPC's current Enterprise Value is ₹5,985,775 Mil.
NTPC'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 NTPC (NSE:NTPC) Overvalued in 2026?

Based on GuruFocus' analysis, NTPC stock appears to be overvalued. The current stock price of ₹358.25 is trading 2.2% above its estimated GF Value™ of ₹350.62. GuruFocus considers NTPC to be Fairly Valued.

Key valuation signals for NSE:NTPC:

  • EV-to-FCF:
  • GF Value™: ₹350.62 vs. price of ₹358.25 (2.2% above fair value)
  • GF Score™: 89/100 with 4 warning signs

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


NTPC Business Description

Other Exchanges 532555:India
Address NTPC Bhawan, Lodhi Road, 7 Institutional Area, Scope Complex, New Delhi, IND, 110 003
NTPC Ltd is an Indian state-owned electric utility company. It is the power producer in India and supplies a amount of the nation's total needs. The company generates revenue through the sale of electricity to state-owned Indian power distribution companies from its stations throughout the country. NTPC also brings in a amount of revenue through its consultancy wing, which provides project management and supervision, energy trading, oil and gas exploration and coal mining. While the vast majority of its facilities use coal and gas fuel sources, NTPC has also increased its capacity through renewable energy sources, such as hydroelectric, solar, and thermal power, and plans to continue this trend going forward.
89GF Score

Get the complete analysis for NSE:NTPC

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

₹358.25
Price
₹350.62
GF Value