NYSE · INFY
Infosys Limited
Technology · Information Technology Services
$11.04▼ 2.73% ($0.31)at close
After hours$11.06▲ 0.18%7:45 PM ET
Valuation
Cash-flow DCF
Verdict: cheap. Price below all scenarios.
The price holds with free cash flow shrinking 7.6% a year for 5 years. Our scenarios assume −2.8–24.8%.
That's below its past 10-year pace of 9.8%.
Value per share
Base case
$23.37
Price used $11.04 is 53% below this
USD · TTM ending Jun 30, 2026 · Price Oct 2, 8:00 PM UTC
Market beta (0.13) is below the minimum default of 0.5 — short lookback windows can understate systematic risk. Beta floored at 0.5 for default assumptions; adjust manually if needed.
1 more note
Reported total debt includes capitalised leases (~100% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
Free cash flow each value needs
Free cash flow today $3.1B. The price needs $2.7B by 2036. Base case: $6.4B. At its recent pace: $7.9B. Bear to Bull: $3.2B to $17.8B.
Free cash flow today $3.1B. The price needs $2.7B by 2036. Base case: $6.4B. At its recent pace: $7.9B. Bear to Bull: $3.2B to $17.8B.
Free cash flow in 2036
today $3.1B
−$3.7Bless than the Base case
Value per share · Base case
$23.37
Price $11.04
53% below this
- Stage 1 growth, yrs 1–5
- 9.8%
- Stage 2 growth, yrs 6–10
- 5.4%
- Discount rate
- 8.0%
Market beta (0.13) is below the minimum default of 0.5 — short lookback windows can understate systematic risk. Beta floored at 0.5 for default assumptions; adjust manually if needed.
1 more note
Reported total debt includes capitalised leases (~100% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
USD · TTM ending Jun 30, 2026 · Price Oct 2, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 31.64% over the last year. Revenue grew 4.07% over the trailing twelve months. Operating margin moved from 21.05% to 20.34%. Free cash flow declined 3.07% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 20.34%. A decisive move in revenue — currently up 4.07% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
Infosys Limited, through its global network of subsidiaries, delivers an extensive portfolio of consulting, technology, outsourcing, and next-generation digital services spanning North America, Europe, India, and other international markets.
Market multiples
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
14
Buy
22
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 23, 2026
Q2 FY27 · EPS est $0.21 · Revenue est $5.14B
View
Institutional Sentiment
Infosys Limited · INFY
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.