Reverse DCF

What growth does the market imply for HPL?

Working backwards from the current price to find the FCF growth assumption baked in.

aggressive

19.9% implied annual FCF growth

The market is pricing in above-average growth. Achievable for a high-quality business but leaves limited margin for error — any slowdown could hurt the price.

Current Price

₹360

Historical Growth

1.9%

FCF Yield

2.56%

Price / FCF

39.1x

Plain English

To justify today's price of $360.45, HPL.NS needs to grow its free cash flow at 19.9% per year for the next 10 years. That is 18.1% faster than its historical growth rate of 1.9%. This is optimistic but not impossible for a high-quality business. The stock leaves little room for error — any slowdown could hurt the price.

Adjust Assumptions

11.1%
6%13%20%
4.0%
0%3%6%

Growth Scenarios

What the stock is worth at different growth assumptions

ScenarioFCF GrowthImplied IVMoS vs Price
Historical1.9%₹20-94.4%
Half implied10.0%₹118-67.2%
GDP rate10.0%₹119-67.0%
Implied19.9%₹364+0.9%

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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.