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Stocks DXC DCF valuation

DCF valuation

What is DXC Technology Co worth?

With the base-case assumptions below, a discounted cash flow model on DXC Technology Co's reported free cash flow gives $50.84 per share. The share price was $15.18 on November 9, 2026, 70% below that value.

Inputs from the filings

Free cash flow, fiscal 2026
$1.04B
Average free cash flow, last 5 years
$1.15B
Cash
$1.6B
balance sheet of September 30, 2026
Debt
$3.06B
balance sheet of September 30, 2026
Diluted shares, fiscal 2026
178,650,000
Revenue growth per year, last 5 years
-6.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-10.0%-4.0%2.0%10.0%$29.28+93%
Base-5.0%-1.0%2.5%9.0%$50.84+235%
Bull0.0%1.5%3.0%8.0%$91.04+500%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$65.19$69.41$74.57$81.01$89.30
8.0%$54.60$57.34$60.58$64.46$69.20
9.0%$46.81$48.68$50.84$53.36$56.34
10.0%$40.82$42.15$43.66$45.39$47.37
11.0%$36.08$37.05$38.14$39.37$40.76

Where the presets come from

Base: years 1 to 5 grow at DXC Technology Co's revenue growth rate over the last 5 fiscal years (-6.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

DXC Technology Co company page