TMCV.NS · Intrinsic value
Is Tata Motors Limited (TMCV.NS) overvalued or undervalued?
Tata Motors Limited (TMCV.NS) trades at the delayed market price of ₹418.75 a share. That price already implies revenue growth of more than 25%/yr. TickerWorth's fair value is ₹393.89 a share (priced within our range of ₹270.65 – ₹552.35). We do not call it over- or undervalued from inside our range.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
Is TMCV.NS fairly valued?
- Fair value
- ₹393.89
- Market price
- ₹418.75
- Downside to fair value
- 5.9%
- Verdict
- Priced within our range of ₹270.65 – ₹552.35
Reverse DCF: Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast.
What is TMCV.NS's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Consumer Cyclical companies in India
Its strongest point: growing quickly. Its weakest: profitability is weak.
- Value · 57 of 100
Cheaper than 57% of Consumer Cyclical companies in India
- Price vs worth · 45 of 100
- Quality · 30 of 100
More profitable than 30% of Consumer Cyclical companies in India
- Financial health · 67 of 100
Financially stronger than 67% of Consumer Cyclical companies in India
- Growth · 76 of 100
Growing faster than 76% of Consumer Cyclical companies in India
- Momentum · 68 of 100
Outperformed 68% of Consumer Cyclical companies in India over the past year
Confidence: High confidence · Scored
Get the Undervalued Company of the Week.
TMCV.NS DCF valuation, input by input
TickerWorth's fair value for Tata Motors Limited (TMCV.NS) is ₹393.89 a share, against the delayed market price of ₹418.75 (priced within our range of ₹270.65 – ₹552.35). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below. This is an educational model, not a price target or a recommendation.
Read the full reasoning
One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values TMCV.NS at about ₹270.65 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.
The valuation discounts Tata Motors Limited's projected free cash flows at a weighted-average cost of capital (WACC) of 10.3%, with a long-run terminal growth rate of 2.5%. About 72% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — TMCV.NS would need sustained revenue growth of more than 25%/yr to justify today's price, against about 11.5% a year compounded in our base case. We don't quote a precise figure here, because past about 25% a year the reverse-DCF stops being informative: it solves for revenue growth alone, holding margins, capital intensity and the forecast horizon fixed, so a price well above our fair value has nowhere to go but growth. The honest reading is that the price implies growth this model can't reconcile — not that we forecast it.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, TMCV.NS's modeled DCF value ranges from about ₹213.99 to ₹380.60 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Tata Motors Limited would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of TMCV.NS's intrinsic value. Figures update as new filings and prices come in.
Every input behind TMCV.NS's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | ₹871,980,010,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 6.9% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 19% → 15% → 12% → 8% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.2% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 1.10 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 3,683M |
| Market priceLast known price · as of 2026-10-19 20:14 UTC | ₹418.75 |
Change TMCV.NS's assumptions
The discount-rate dial and the editable model
ProChange growth, margin and WACC yourself — Pro (7-day free trial, card required).
What does Tata Motors Limited do?
What does it do?
Tata Motors Limited engages in the design, manufacture, and sale of automotive vehicles in India, South Korea, and internationally. The company offers pick-ups, trucks, buses, small commercial vehicles, and electric vehicles. It operates in the Auto Manufacturers industry (Consumer Cyclical sector), headquartered in India. The company employs roughly 20,635 people.
How does it make money?
The business turns 872.0B in annual revenue into profit. Out of every $100 of sales, about $7 is left as operating profit (operating margin of 6.9%), after a 32% gross margin on the products/services it sells. After all costs, taxes and interest, 4.8% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks solid: carries modest debt (0.4× equity), and is currently profitable.
TMCV.NS insider trading
Insider filings are available for US-listed companies only.
Common questions
What is TMCV.NS's intrinsic value?
TickerWorth's blended fair value for Tata Motors Limited (TMCV.NS) is ₹393.89 per share, versus a market price of ₹418.75 (priced within our range of ₹270.65 – ₹552.35).
Is TMCV.NS overvalued or undervalued?
Priced within our range of ₹270.65 – ₹552.35 at ₹418.75. We don't call TMCV.NS overvalued or undervalued from a range. This is an educational estimate, not advice.
What discount rate is used for TMCV.NS?
A WACC of 10.3% and a terminal growth rate of 2.5%.
Is Tata Motors stock undervalued?
TickerWorth's fair value for Tata Motors Limited (TMCV.NS) is ₹393.89 against a market price of ₹418.75. Our read: Priced within our range of ₹270.65 – ₹552.35. This is a model estimate, not investment advice.
Tata Motors (TMCV.NS) DCF valuation and fair value
Our fair value for Tata Motors Limited (TMCV.NS) is ₹393.89, built on a 10.3% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Tata Motors stock?
Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of ₹418.75. A model estimate, not investment advice.
Tata Motors (TMCV.NS) insider trading
We have no recent SEC Form 4 insider filings on file for Tata Motors Limited (TMCV.NS). Form 4 covers US-listed companies only.
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.