Reverse DCF

What growth does the market imply for INCREDIBLE?

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

conservative

-10.3% 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

₹35

Historical Growth

-3.8%

FCF Yield

19.27%

Price / FCF

5.2x

Plain English

To justify today's price of $34.78, INCREDIBLE.NS needs to grow its free cash flow at -10.3% per year for the next 10 years. That is 6.6% slower than its historical growth rate of -3.8%. This looks achievable — the market is not pricing in heroic assumptions. There may be genuine upside if the company executes.

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
Implied-10.3%₹35-0.7%
Half implied-5.2%₹49+42.2%
Historical-3.8%₹55+57.2%
GDP rate10.0%₹155+345.0%

At Historical Growth Rate

It would take 3 years for INCREDIBLE to organically grow into today's price assuming its historical FCF growth of -3.8%.

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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.

INCREDIBLE Reverse DCF — Market Implies -10.3% FCF Growth | YieldIQ