Firstsource Solutions (NSE:FSL) EV-to-FCF: (As of Jul. 01, 2026)


NSE:FSL Firstsource Solutions Ltd NSE:FSL
81 GF Score
Price ₹228.45
GF Value ₹371.82
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Firstsource Solutions EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Firstsource Solutions's Enterprise Value is ₹183,442 Mil. Firstsource Solutions's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Firstsource Solutions's EV-to-FCF for today is .

The historical rank and industry rank for Firstsource Solutions's EV-to-FCF or its related term are showing as below:

NSE:FSL' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 19.04
Current: 19.04

During the past 13 years, the highest EV-to-FCF of Firstsource Solutions was 19.04. The lowest was 0.00. And the median was 0.00.

NSE:FSL's EV-to-FCF is ranked worse than
61.4% of 1588 companies
in the Software industry
Industry Median: 14.105 vs NSE:FSL: 19.04

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-01), Firstsource Solutions's stock price is ₹228.45. Firstsource Solutions's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9.560. Therefore, Firstsource Solutions's PE Ratio (TTM) for today is 23.90.


Firstsource Solutions  (NSE:FSL) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Firstsource Solutions's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=228.45/9.560
=23.90

Firstsource Solutions's share price for today is ₹228.45.
Firstsource Solutions's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9.560.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Firstsource Solutions EV-to-FCF Related Terms


Firstsource Solutions EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Firstsource Solutions's EV-to-FCF 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.

Firstsource Solutions EV-to-FCF Chart

Firstsource Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.28 11.30 26.82 56.42 16.38

Firstsource Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 56.42 0.00 0.00 0.00 16.38

NSE:FSL vs IBM, ACN, FISV: EV-to-FCF Comparison

For the Information Technology Services subindustry, Firstsource Solutions's EV-to-FCF, along with its competitors' market caps and EV-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.


Firstsource Solutions EV-to-FCF vs Software Industry

For the Software industry and Technology sector, Firstsource Solutions's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Firstsource Solutions's EV-to-FCF falls into.


NSE:FSL
81GF Score
Firstsource Solutions Ltd NSE:FSL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firstsource Solutions EV-to-FCF Calculation

Firstsource Solutions's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=183442.331/0
=

Firstsource Solutions's current Enterprise Value is ₹183,442 Mil.
Firstsource Solutions's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.

Is Firstsource Solutions (NSE:FSL) Overvalued in 2026?

Based on GuruFocus' analysis, Firstsource Solutions stock appears to be undervalued. The current stock price of ₹228.45 is trading 38.6% below its estimated GF Value™ of ₹371.82. GuruFocus considers Firstsource Solutions to be Significantly Undervalued.

Key valuation signals for NSE:FSL:

  • EV-to-FCF:
  • GF Value™: ₹371.82 vs. price of ₹228.45 (38.6% below fair value)
  • GF Score™: 81/100 with 1 warning sign

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


Firstsource Solutions Business Description

Other Exchanges 532809:India
Address Mindspace, Link Road, 5th Floor, Paradigm ‘B’ Wing, Malad (West), Mumbai, MH, IND, 400 064
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.
81GF Score

Get the complete analysis for NSE:FSL

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹228.45
Price
₹371.82
GF Value