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Calculate intrinsic fair value from cash flows and see what growth rate today’s share price implies.

Investing tools

DCF calculator for Indian stocks

Pick a company, see the growth its price already assumes, then change the assumptions and watch the fair value move.

Showing Parag Milk Foods. See Parag Milk Foods company page →

What the price assumes

Attractive

To justify its price of ₹242, this stock must grow earnings at 19% every year for 7 years. Our analysis caps realistic growth at ~66%. At that growth it is worth ₹2075 — upside of 756%.

Growth the price implies
19.4% a year
for 7 years, fading to 4%
It has actually compounded at
65.8% a year
net profit, FY23–FY26 · EPS 66.2%
The gap
-0.5 pp
756% downside if it only repeats history
Price today ₹242.38 Value at the reference growth ₹2,074.52
Test your own growth assumption (7Y stage-1 growth at 12.0% discount rate)
Simulated Fair Value ₹666.04
vs Price Today (₹242.38) +174.8% (upside)

Multiples & returns vs own history

P/E vs 5Y Median 26.1× vs 24.2× +8% premium

Your assumptions

Change any of these and the value moves. A valuation that flips on a one-point change in the required return is telling you something.

Value on these assumptions

₹2,059.53

Against today's price

+750%

7 projected years, then a terminal value at 4.0%.

Normalized net profit is discounted as a proxy for owner earnings, not full free cash flow. An analytical tool, not investment advice.

How to read this valuation

  1. Start from the price, not the forecast. A normal DCF asks you to guess growth and hands back a fair value. Run backwards, it takes today's price and solves for the earnings growth the market is already assuming.
  2. Compare that with what the company has done. The historical profit and EPS CAGR sit beside the implied number. A price that needs 25% a year from a business that has compounded at 10% is asking a lot, and the gap is the risk you are taking on.
  3. Then apply your own view. Change the growth rate, how long it lasts, how it fades and the return you require. A valuation that flips on a one-point change in the discount rate is telling you something about itself.
  4. Mind the caveats. Normalized net profit stands in for owner earnings, not full free cash flow; terminal growth is capped at 6%, roughly nominal GDP; cyclicals are flagged because a peak-earnings base overstates value. This is an analytical tool, not investment advice.