DLF (DLF.NS)
Real Estate · NSE · India
Fundamentals
Valuation and ratings
DLF trades at ₹648.10, which is 58% above the ₹274.30 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 67 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 38.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About DLF
DLF Limited, together with its subsidiaries, engages in the business of colonization and real estate development in India. The company offers real estate development activities, including identification and acquisition of land, and planning, execution, construction, and marketing of projects. The company also develops and sells residential housing projects; and operates and maintains commercial office spaces, including under-construction projects, as well as retail properties, such as malls, shopping complexes, recreational spaces, and hotels and clubs. In addition, the company engages in providing leasing, generation of power, provision of maintenance services, hospitality, and recreational services. It owns and operates The Lodhi Hotel and the Hilton Garden Inn. DLF Limited was founded in 1946 and is headquartered in Gurugram, India. DLF Limited operates as a subsidiary of Rajdhani Investments and Agencies Private Limited.
DLF.NS passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is DLF (DLF.NS) undervalued?
Against our discounted cash flow estimate of ₹274.30, DLF.NS at ₹648.10 is 58% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is DLF.NS's P/E ratio?
DLF.NS trades at 38.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.