Reverse DCF
What growth does the market imply for TECHM?
Working backwards from the current price to find the FCF growth assumption baked in.
conservative
7.3% 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
₹1,479
Historical Growth
3.0%
FCF Yield
3.94%
Price / FCF
25.4x
Plain English
To justify today's price of ₹1478.90, TECHM.NS needs to grow its free cash flow at 7.3% per year for the next 10 years. That is 4.3% faster than its historical growth rate of 3.0%. 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 |
|---|---|---|---|
| Historical | 3.0% | ₹1,064 | -28.1% |
| Half implied | 3.6% | ₹1,118 | -24.4% |
| Implied | 7.3% | ₹1,479 | +0.0% |
| GDP rate | 10.0% | ₹1,848 | +25.0% |
At Historical Growth Rate
DCF horizon: 10 years. At 3.0% growth, the model values TECHM at ₹1,064, below today's ₹1,479.
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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.