IndiaMART InterMESH (NSE:INDIAMART) Cyclically Adjusted FCF per Share: ₹71.62 (As of Mar. 2026)


NSE:INDIAMART IndiaMART InterMESH Ltd NSE:INDIAMART
90 GF Score
Price ₹1,924.00
GF Value ₹3,078.77
Valuation Significantly Undervalued
! 2 Warning Signs
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What is IndiaMART InterMESH Cyclically Adjusted FCF per Share?

IndiaMART InterMESH NSE:INDIAMART -0.04% 90 Cyclically Adjusted FCF per Share is ₹71.62 as of Mar. 2026. GuruFocus rates NSE:INDIAMART with a GF Score™ of 90/100 and a GF Value™ of ₹3,078.77 (Significantly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

IndiaMART InterMESH's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2026 was ₹114.042. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₹71.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IndiaMART InterMESH's average Cyclically Adjusted FCF Growth Rate was 27.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-11), IndiaMART InterMESH's current stock price is ₹ 1924.00. IndiaMART InterMESH's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2026 was ₹71.62. IndiaMART InterMESH's Cyclically Adjusted Price-to-FCF of today is 26.86.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of IndiaMART InterMESH was 62.67. The lowest was 26.24. And the median was 40.96.


IndiaMART InterMESH  (NSE:INDIAMART) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

IndiaMART InterMESH's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1924.00/71.62
=26.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of IndiaMART InterMESH was 62.67. The lowest was 26.24. And the median was 40.96.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


IndiaMART InterMESH Cyclically Adjusted FCF per Share Related Terms


IndiaMART InterMESH Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for IndiaMART InterMESH's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IndiaMART InterMESH Cyclically Adjusted FCF per Share Chart

IndiaMART InterMESH Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 44.67 56.10 71.62

IndiaMART InterMESH Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.10 0.00 0.00 0.00 71.62

NSE:INDIAMART vs GOOGL, META, SPOT: Cyclically Adjusted FCF per Share Comparison

For the Internet Content & Information subindustry, IndiaMART InterMESH's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IndiaMART InterMESH Cyclically Adjusted Price-to-FCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, IndiaMART InterMESH's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where IndiaMART InterMESH's Cyclically Adjusted Price-to-FCF falls into.


NSE:INDIAMART
90GF Score
IndiaMART InterMESH Ltd NSE:INDIAMART
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IndiaMART InterMESH Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, IndiaMART InterMESH's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=114.042/164.2724*164.2724
=114.042

Current CPI (Mar. 2026) = 164.2724.

IndiaMART InterMESH Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201703 -0.895 105.196 -1.398
201803 32.634 109.786 48.830
201903 47.476 118.202 65.980
202003 43.627 124.705 57.469
202103 54.505 131.771 67.949
202203 64.732 138.822 76.600
202303 74.842 146.865 83.713
202403 89.740 153.035 96.330
202503 102.339 157.552 106.704
202603 114.042 164.272 114.042

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ₹71.62 mean?
IndiaMART InterMESH (NSE:INDIAMART) has a Cyclically Adjusted FCF per Share of ₹71.62 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on IndiaMART InterMESH and its competitors.
Is IndiaMART InterMESH's Cyclically Adjusted FCF per Share too high?
IndiaMART InterMESH's current Cyclically Adjusted FCF per Share is ₹71.62. Overall, IndiaMART InterMESH has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiaMART InterMESH's Cyclically Adjusted FCF per Share compare to GOOGL and META?
IndiaMART InterMESH's Cyclically Adjusted FCF per Share of ₹71.62 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Interactive Media company?
A good Cyclically Adjusted FCF per Share depends on the Interactive Media industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on IndiaMART InterMESH and its competitors. IndiaMART InterMESH's current Cyclically Adjusted FCF per Share is ₹71.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiaMART InterMESH stock overvalued right now?
Based on GuruFocus' analysis, IndiaMART InterMESH (NSE:INDIAMART) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,078.77, compared to a current price of ₹1,924.00 — trading 37.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₹71.62. IndiaMART InterMESH's overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For IndiaMART InterMESH (NSE:INDIAMART), the current Cyclically Adjusted FCF per Share is ₹71.62 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IndiaMART InterMESH (NSE:INDIAMART) Overvalued in 2026?

Based on GuruFocus' analysis, IndiaMART InterMESH stock appears to be undervalued. The current stock price of ₹1,924.00 is trading 37.5% below its estimated GF Value™ of ₹3,078.77. GuruFocus considers IndiaMART InterMESH to be Significantly Undervalued.

Key valuation signals for NSE:INDIAMART:

  • Cyclically Adjusted FCF per Share: ₹71.62
  • GF Value™: ₹3,078.77 vs. price of ₹1,924.00 (37.5% below fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the NSE:INDIAMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IndiaMART InterMESH Business Description

Other Exchanges 542726:India
Address Assotech Business Cresterra, 6th Floor, Tower 2, Plot No. 22, Sector 135, Noida, UP, IND, 201305
IndiaMART InterMESH Ltd operates as an online B2B marketplace for business products and services. It serves as a platform for Small and Medium Enterprises (SMEs), Large Enterprises, as well as individuals. Geographically, it derives a majority of its revenue from India. It earns revenue mainly through the sale of subscription packages.
90GF Score

Get the complete analysis for NSE:INDIAMART

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,924.00
Price
₹3,078.77
GF Value