Reverse DCF
What growth does the market imply for HMVL?
Working backwards from the current price to find the FCF growth assumption baked in.
conservative
-1.5% implied annual FCF growth
The market is pricing in below-GDP growth — very conservative assumption. If the company delivers anywhere near its historical rate, there is significant upside.
Current Price
₹84
Historical Growth
7.3%
FCF Yield
11.28%
Price / FCF
8.9x
Plain English
To justify today's price of ₹83.88, HMVL.NS needs to grow its free cash flow at -1.5% per year for the next 10 years. That is 8.8% slower than its historical growth rate of 7.3%. This looks achievable — the market is not pricing in heroic assumptions. There may be genuine upside if the company executes.
Adjust Assumptions
Growth Scenarios
What the stock is worth at different growth assumptions
| Scenario | FCF Growth | Implied IV | MoS vs Price |
|---|---|---|---|
| Implied | -1.5% | ₹84 | +0.0% |
| Half implied | -0.8% | ₹88 | +5.4% |
| Historical | 7.3% | ₹170 | +102.4% |
| GDP rate | 10.0% | ₹211 | +151.1% |
At Historical Growth Rate
DCF horizon: 10 years. At 7.3% growth, the model values HMVL at ₹170, above today's ₹84.
See full DCF analysis
Bear/base/bull scenarios, sensitivity heatmap, reverse DCF, and more.
Run Full Analysis →This is an analytical tool, not investment advice. Implied growth is a mathematical inversion of the DCF model and depends on WACC and terminal growth assumptions. YieldIQ is not registered with SEBI as an investment adviser.