Affle 3i Limited DCF Valuation

AFFLE · Information Technology · Current price ₹1,432.6

Full stock page
DocStoX fair value
₹2,370
medium confidence · 67/100
Current price
₹1,568
Upside to fair value
+51.2%
Estimate range
₹2,133 – ₹2,607
5Y profit growth
+27.5%
Model it yourself — DCF Calculator
Opens pre-filled with Affle 3i Limited's latest numbers.

Affle 3i Limited cash-flow valuation

Our engine did not use a discounted-cash-flow model for Affle 3i Limited. It routes each business to the methods that suit it, and a DCF is a poor lens where cash-flow forecasts are fragile or the business is capital-structure driven. The methods it did use, and why, are set out below. Our published estimate is ₹2,370.

Try your own assumptions

Prefer to build the discounted cash flow yourself? The DCF calculator below opens pre-filled with Affle 3i Limited's reported free cash flow, net debt and share count, so you can set your own growth and discount rate.

How we got this fair value

Every number below is part of the same estimate for Affle 3i Limited. Nothing here is a target price or a forecast of where the share price will go.

Medium confidence67/100

Workable, with real gaps. Weigh it alongside your own view rather than on its own.

Estimate range ₹2,133 – ₹2,607

Why this method for this business

Affle is an asset-light IT services company with durable earnings power and a wide moat. Relative P/E and EV/EBITDA are the most appropriate models for valuing such businesses.

The models behind the number

Each method is weighted by how well its inputs held up for this company.

Fair multiple (P/E)
₹2,37070% weight
EV / EBITDA(not enough data)

required inputs missing

  • dcf: Not suitable for IT services due to high growth and intangible assets
  • fair multiple (P/E): Already included in relative PE model

What was missing

  • Lack of forward EBITDA estimates for precise EV/EBITDA modeling

What drives it

16 inputs, grouped by how strong each claim is
ReportedRead from filings or market data. Verifiable, not our opinion.
Sector-median P/E
25.7×

peer-median

Peers used
4

peer-median

EPS (TTM)
33.95 ₹/share

computed

Own-history median P/E
53.76×

reconstructed (one feature, dampened — not a cap)

JudgementOur read of the evidence, not a measurement.
Anchor correction
peer anchor 25.7x diverges 2.1x from 7yr own-history 53.8x (no size-comparable peer) — anchor blended 0.6 toward own-history → 42.5x

peer-anchor mismatch — deep own-history used instead

Term: quality
+2.5%

quality 65/100 (high, stable returns) → premium (ROCE deteriorating → premium halved)

Term: growth
+40.0%

durable ~33% CAGR (ROCE 28% > hurdle) → premium

Term: capital_allocation
-4.4%

capital allocation: falling ROCE / weak cash generation → discount

Term: financial_strength
+9.5%

financial strength: effectively debt-free → premium

Term: history
+7.9%

history: market paid +26% vs sector, dampened ×0.3 (one feature, not the anchor)

Term: sector_rerating
+0.0%

sector re-rating: no sector-norm history → not used

Term: rate_regime
+1.2%

rates: risk-free 6.9% below ~7.1% normal → higher multiple

Term: risk
+0.0%

risk: no analyst-dispersion signal available → neutral (lowers confidence, not PE)

DerivedFalls out of the inputs above: a model output, not an independent input.
Premium vs sector
+64.1%

fundamentals + macro (not capped at own history)

Fair-multiple confidence
78%

data completeness + term agreement

Fair P/E
69.82×

sector median × ∏(1+term) — Dynamic Fair Multiple

Who computed this

A language model (qwen3:8b) selects the valuation method and the judgement inputs for Affle 3i Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.

Estimated 14 Sept 2026. Re-run as new financials and news arrive.

How we value stocks

We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.

Read the full fair-value methodology

More on Affle 3i Limited

DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.