/
DCF Valuation
Base-case fair value
$127.07
Intrinsic $169.43 · 25% MOS
Base-case summary
Our base-case DCF for Wns (Holdings) Ltd (WNS) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 30.8% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $157M in trailing free cash flow, this produces an intrinsic value of $169.43 per share. A 25% safety margin gives a fair value of $127.07.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$157M
Cash & equivalents
$222M
Total debt
$484M
Shares outstanding
45M