Reverse DCF
What growth does the market imply for SMARTWORKS?
Working backwards from the current price to find the FCF growth assumption baked in.
conservative
3.6% 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
₹472
Historical Growth
18.0%
FCF Yield
11.83%
Price / FCF
8.5x
Plain English
To justify today's price of ₹471.75, SMARTWORKS.NS needs to grow its free cash flow at 3.6% per year for the next 10 years. That is 14.4% slower than its historical growth rate of 18.0%. 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 |
|---|---|---|---|
| Half implied | 1.8% | ₹372 | -21.1% |
| Implied | 3.6% | ₹472 | +0.0% |
| GDP rate | 10.0% | ₹974 | +106.4% |
| Historical | 18.0% | ₹2,076 | +340.1% |
At Historical Growth Rate
DCF horizon: 10 years. At 18.0% growth, the model values SMARTWORKS at ₹2,076, above today's ₹472.
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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.