Tata Consultancy Services Ltd
NSE:TCS

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Tata Consultancy Services Ltd Logo
Tata Consultancy Services Ltd
NSE:TCS
Watchlist
Price: 3 452.8999 INR 1.38% Market Closed
Market Cap: 12.5T INR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TCS stock under the Base Case scenario is 4 348.4807 INR. Compared to the current market price of 3 452.8999 INR, Tata Consultancy Services Ltd is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TCS Relative Value
Base Case
4 348.4807 INR
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

4.9
P/S
P/S
Price to Sales
4.9
vs History
90
vs Industry
24
Median 3Y
5.8
Median 5Y
5.9
Industry
2.2
Forward
4.5
More Details
25.7
P/E
P/E
Price to Earnings
25.7
vs History
90
vs Industry
23
Median 3Y
30.3
Median 5Y
30.5
Industry
21.6
Forward
23.9
More Details
25.5
P/OCF
P/OCF
Price to OCF
25.5
vs History
87
vs Industry
21
Median 3Y
29.9
Median 5Y
29.3
Industry
16.3
More Details
30
P/FCFE
P/FCFE
Price to FCFE
30
vs History
85
vs Industry
21
Median 3Y
34.1
Median 5Y
33.3
Industry
20.5
More Details
11.4
P/B
P/B
Price to Book Value
11.4
vs History
79
vs Industry
9
Median 3Y
13.3
Median 5Y
13
Industry
2.7
More Details
4.7
EV/S
EV/S
Enterprise Value to Sales
4.7
vs History
90
vs Industry
24
Median 3Y
5.6
Median 5Y
5.7
Industry
2.2
Forward
4.3
More Details
4.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.9
vs History
93
vs Industry
39
Median 3Y
5.7
Median 5Y
5.8
Industry
4.5
More Details
17.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
17.8
vs History
90
vs Industry
23
Median 3Y
20.9
Median 5Y
21.2
Industry
12.1
Forward
15.9
More Details
19.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
19.3
vs History
90
vs Industry
23
Median 3Y
22.7
Median 5Y
23
Industry
15.5
Forward
17
More Details
24.5
EV/OCF
EV/OCF
Enterprise Value to OCF
24.5
vs History
87
vs Industry
20
Median 3Y
28.8
Median 5Y
28.3
Industry
14.7
More Details
27.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
27.3
vs History
85
vs Industry
19
Median 3Y
31.1
Median 5Y
30.6
Industry
17.6
More Details
11.9
EV/IC
EV/IC
Enterprise Value to IC
11.9
vs History
82
vs Industry
7
Median 3Y
14
Median 5Y
13.5
Industry
2.3
More Details

Multiples Across Competitors

TCS Competitors Multiples
Tata Consultancy Services Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Tata Consultancy Services Ltd
NSE:TCS
12.5T INR 4.9 25.7 17.8 19.3
FR
Atos SE
PAR:ATO
6T EUR 629 24 291.2 8 347.4 39 135
US
International Business Machines Corp
NYSE:IBM
212.4B USD 3.4 38.8 17.3 27.3
IE
Accenture PLC
NYSE:ACN
182.6B USD 2.7 23.8 14.2 17.3
IN
Infosys Ltd
NSE:INFY
6.2T INR 3.8 23.1 14.9 17
IN
HCL Technologies Ltd
NSE:HCLTECH
4.3T INR 3.7 25.2 16.1 19.3
JP
Fujitsu Ltd
TSE:6702
5.5T JPY 1.5 17.5 12.9 22.4
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
35.7B USD 1.8 15.9 9.6 11.4
US
Gartner Inc
NYSE:IT
32.3B USD 5.2 25.8 24 28.1
JP
NEC Corp
TSE:6701
4.3T JPY 1.2 22.7 10.2 17.1
IN
Wipro Ltd
NSE:WIPRO
2.5T INR 2.8 19.2 11.8 14.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Tata Consultancy Services Ltd
NSE:TCS
Average EV/EBITDA: 772.4
17.8
9%
2
FR
Atos SE
PAR:ATO
8 347.4
N/A N/A
US
International Business Machines Corp
NYSE:IBM
17.3
11%
1.6
IE
Accenture PLC
NYSE:ACN
14.2
8%
1.8
IN
Infosys Ltd
NSE:INFY
14.9
11%
1.4
IN
HCL Technologies Ltd
NSE:HCLTECH
16.1
9%
1.8
JP
Fujitsu Ltd
TSE:6702
12.9
8%
1.6
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
9.6
8%
1.2
US
Gartner Inc
NYSE:IT
24
13%
1.8
JP
NEC Corp
TSE:6701
10.2
10%
1
IN
Wipro Ltd
NSE:WIPRO
11.8
9%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Tata Consultancy Services Ltd
NSE:TCS
Average EV/EBIT: 3 575.3
19.3
9%
2.1
FR
Atos SE
PAR:ATO
39 135
38%
1 029.9
US
International Business Machines Corp
NYSE:IBM
27.3
13%
2.1
IE
Accenture PLC
NYSE:ACN
17.3
8%
2.2
IN
Infosys Ltd
NSE:INFY
17
13%
1.3
IN
HCL Technologies Ltd
NSE:HCLTECH
19.3
11%
1.8
JP
Fujitsu Ltd
TSE:6702
22.4
N/A N/A
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
11.4
8%
1.4
US
Gartner Inc
NYSE:IT
28.1
13%
2.2
JP
NEC Corp
TSE:6701
17.1
16%
1.1
IN
Wipro Ltd
NSE:WIPRO
14.1
10%
1.4

See Also

Summary
TCS intrinsic value, competitors valuation, and company profile.
DCF Valuation
TCS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TCS stock valuation using valuation multiples.
Wall Street Estimates
TCS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TCS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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