Tech Mahindra (NSE:TECHM) EV-to-FCF: (As of Jul. 08, 2026)


NSE:TECHM Tech Mahindra Ltd NSE:TECHM
83 GF Score
Price ₹1,428.80
GF Value ₹1,564.33
Valuation Fairly Valued
! 3 Warning Signs
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What is Tech Mahindra EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tech Mahindra's Enterprise Value is ₹1,207,842 Mil. Tech Mahindra's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Tech Mahindra's EV-to-FCF for today is .

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

NSE:TECHM' s EV-to-FCF Range Over the Past 10 Years
Min: 8.9   Med: 18.24   Max: 76.32
Current: 21.76

During the past 13 years, the highest EV-to-FCF of Tech Mahindra was 76.32. The lowest was 8.90. And the median was 18.24.

NSE:TECHM's EV-to-FCF is ranked worse than
65.14% of 1589 companies
in the Software industry
Industry Median: 14.72 vs NSE:TECHM: 21.76

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 (2026-07-08), Tech Mahindra's stock price is ₹1428.80. Tech Mahindra's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹54.200. Therefore, Tech Mahindra's PE Ratio (TTM) for today is 26.36.


Tech Mahindra  (NSE:TECHM) 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.

Tech Mahindra's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1428.80/54.200
=26.36

Tech Mahindra's share price for today is ₹1428.80.
Tech Mahindra'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 ₹54.200.

* 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.


Tech Mahindra EV-to-FCF Related Terms


Tech Mahindra EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Tech Mahindra'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.

Tech Mahindra EV-to-FCF Chart

Tech Mahindra 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 29.21 20.46 18.98 23.21 21.37

Tech Mahindra 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 23.21 0.00 0.00 0.00 21.37

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

For the Information Technology Services subindustry, Tech Mahindra'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.


Tech Mahindra EV-to-FCF vs Software Industry

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

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


NSE:TECHM
83GF Score
Tech Mahindra Ltd NSE:TECHM
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tech Mahindra EV-to-FCF Calculation

Tech Mahindra's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1207841.653/0
=

Tech Mahindra's current Enterprise Value is ₹1,207,842 Mil.
Tech Mahindra'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 Tech Mahindra (NSE:TECHM) Overvalued in 2026?

Based on GuruFocus' analysis, Tech Mahindra stock appears to be undervalued. The current stock price of ₹1,428.80 is trading 8.7% below its estimated GF Value™ of ₹1,564.33. GuruFocus considers Tech Mahindra to be Fairly Valued.

Key valuation signals for NSE:TECHM:

  • EV-to-FCF:
  • GF Value™: ₹1,564.33 vs. price of ₹1,428.80 (8.7% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Tech Mahindra Business Description

Other Exchanges 532755:India
Address Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Process Services. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company generates the majority of its revenue from Communications & Media & Entertainment Industry. Geographically the company generates the majority of its revenue from the Americas.
83GF Score

Get the complete analysis for NSE:TECHM

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

₹1,428.80
Price
₹1,564.33
GF Value