Max Financial Services Limited
Quality (27/100) does the heavy lifting; financial trend (0/100) is the drag.
ExpensiveSolvency riskStocksWizard rates Max Financial Services Limited a Strong Sell, scoring 13/100 on our blended model. At ₹1,515.1 it trades above our blended DCF and relative-multiples fair value of ₹757.55, about 50% downside to that estimate — we read it as overvalued by 50%. It's sitting close to its 52-week low of ₹1,464.2. Financial health scores 5/100, with a Piotroski F-score of 4/9. The average analyst target of ₹2,065.38 implies about 36% upside across 26 analysts. It clears 1 of 11 investability checks, with durability 27, valuation 0 and momentum 25 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹606.04. Low-confidence estimate — limited data.
Analyst views
1-year price
EOD · 2026-07-2952-week range
-18.98% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Strong Sell13Piotroski F-score 4/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: 1.6%
- Pass: Low debt (D/E < 0.5): 0.13x
- Fail: Positive free cash flow
- Fail: Revenue growth > 10%: -40%
- No data: Earnings growing
- Fail: Net margin ≥ 10%: 0.2%
- Fail: Current ratio > 1.5: 0.82
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- No data: Altman Z in safe zone
- Fail: Piotroski ≥ 7: 4/9
Quarterly results
Annual financials
Shareholding
- Promoter2.1%
- Institutions82.7%
- Public & other15.2%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
Bear case
Weaknesses
- Low return on equity (1.6%).
- Price below its 200-day moving average (downtrend).
Threats
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About Max Financial Services Limited
Max Financial Services Limited operates a life insurance business in India through its subsidiary, offering participating, nonparticipating, and linked products that cover life insurance, pension, and health benefits with optional riders. The company serves individual and group customers via multiple distribution channels including individual agents, corporate agents, banks, and brokers.
Max Financial Services Limited — frequently asked questions
Is Max Financial Services Limited a buy, hold or sell?
StocksWizard currently rates Max Financial Services Limited (MFSL) a Strong Sell, based on a blended score of 13/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Max Financial Services Limited's fair value?
Our blended DCF and relative-valuation model estimates Max Financial Services Limited's fair value at about ₹757.55, versus a current price of ₹1,515.1 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is Max Financial Services Limited financially healthy?
Max Financial Services Limited scores 5/100 on our financial-health model, with a Piotroski F-score of 4/9.
How has Max Financial Services Limited's share price performed?
Max Financial Services Limited is down 4% over three months, and last traded at ₹1,515.1. Past performance doesn't predict future returns.
More in Financial Services
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.