| Intrinsic Valuation of: INFY | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 65 | Market Cap | ₹6,660B | |||||
| 2021 | - | - (-) | P/E Ratio | 25 | Total Asset | ₹17B | |||||
| 2022 | ₹3B | - (-) | Net Income | ₹3B | Total Debt | ₹0 | |||||
| 2023 | ₹3B | 2.8% (-14.6%) | EBITDA | ₹5B | Total Liab | ₹6B | |||||
| 2024 | ₹3B | -17.1% (-25.7%) | Opr Margin | 0.21 | Debt/Equity | - | |||||
| 2025 | ₹3B | 13.7% (11.6%) | PreTax Margin | 20.43 | BV/Share | 2 | |||||
| 5Y Average FCF | ₹3B | -0.2% (-9.6%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (4.0%) | ||||||||||
| 2026 | ₹3B | MBG Intrinsic Value | ₹580 | ||||||||
| 2027 | ₹3B | ||||||||||
| 2028 | ₹3B | ||||||||||
| 2029 | ₹3B | ||||||||||
| 2030 | ₹4B | ||||||||||
| 2031 | ₹4B | ||||||||||
| Terminal Value | ₹76B | Net Worth/Share | ₹3 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹65B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹16 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 14 | 15 | 16 | 18 | 20 | |||
| Equity Value | ₹67B | 7.4% | 14 | 15 | 16 | 18 | 19 | ||||
| Shares Outstanding | 4,144,620,032 | 7.4% | 14 | 15 | 16 | 17 | 19 | ||||
| 7.9% | 13 | 14 | 15 | 16 | 17 | ||||||
| DCF Intrinsic Value | ₹16 | 8.4% | 12 | 13 | 13 | 14 | 15 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||