Is DLF fundamentally strong?
The share is currently overvalued and it has a strong price trend Past 10 year’s financial track record analysis indicates that DLF Ltd is a below average quality company. DLF Ltd.’s major valuation ratios, when compared to its prior performance, appear to indicate that it is currently overvalued. The current DLF share price is Rs 364.70 Recent performance Return on Equity has grown to 5.00 percent, compared to the previous three years’ average. In the last three years, net profit has increased at a robust pace of 24.85%. Sales have increased by 61.53 percent in the last four quarters. In the last three years, sales have grown at a slow rate of 8.40 percent. DLF has increased its sales income potential by 17% to Rs 47,000 crore in the medium term, from 35 million square feet of planned new housing and commercial developments. It expects sales of Rs 17,500 crore. Sales revenue from its 8 million square foot luxury home project in Singapore, which it is developing