Stock fact sheet · data as of
Infosys Limited (INFY): fair value, margin of safety and Wheel Score
Ticker symbol INFY · Technology · Information Technology Services · India · ADR · Blend Income
INFY is an American depositary share (ADR): the US listing of Infosys Limited, whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.
Is INFY undervalued?
INFY has a margin of safety of 95%: the stock closed at 12.24 on 5 Nov 2026 against a GLS average fair value of 241.50. 5 of the 9 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
The 9 models disagree widely: Lynch gives 2.64 while 10 Cap gives 1,283.08. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for INFY, so the nightly engine files it under Blend (value score 43, growth score 38, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for INFY
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 25.90 | +112% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 57.00 | +366% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 10.12 | -17% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 2.64 | -78% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.40 | -64% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 1,283.08 | +10383% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 33.31 | +172% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 750.43 | +6031% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 6.64 | -46% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 1.04 | -92% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 11.65 | -5% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - INFY passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 9.0 out of 10 - high returns on capital, steady margins and growth that held up through bad years point to a durable business.
Returns on capital are high - ROIC 30.8%, ROE 33.9%, ROA 20.1% - with debt at 0.10 times equity and a free-cash-flow yield of 5.4%.
The dividend yield is high at 4.38% (payout ratio 86%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Software Services 95%, Software Products And Platforms 5% (fiscal year FY2026).
Institutional ownership scores 2/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 30.8% |
|---|---|---|---|
| GLS Moat | 9.0 / 10 | ROE | 33.9% |
| Debt / equity | 0.10 | ROA | 20.1% |
| Free-cash-flow yield | 5.4% | Payout ratio | 86% |
| Institutions | 2 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 92: Prime
INFY scores 92 out of 100 on the Wheel Score, in the Prime band (85 and above): it passes all 9 Wheel Trade Filters and ranks strongly on value strong, premium strong, moat strong, health good, red flags strong, option trading strong, stability strong. Prime stocks stand out among those that pass - the Sunday Scan is the top 10 by Wheel Score.
Implied volatility is 37% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 102,501 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 15.6M shares a day on a market cap of $50.8B, with a beta of 0.13 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 95% below fair value | |
| Premium | Strong | implied volatility 37% | |
| Moat | Strong | moat 9.0/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Strong | Red Flags score 90/100 | |
| Option trading | Strong | 4,956 contracts a day, 102,501 open interest | |
| Stability | Strong | beta 0.13, $50.8B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 13 Jan 2027, 69 days away - outside the window of a 30-45-day put sold today.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Information Technology Services
The 12 companies below are the closest to Infosys Limited by market cap within the Information Technology Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| FISV Fiserv, Inc. | 62.05 | 232.84 | +73% | 51Fair | $33.0B |
| CTSH Cognizant Technology Solutions Corporation | 65.78 | 69.93 | +6% | 77Good | $29.4B |
| BR Broadridge Financial Solutions, Inc. | 189.29 | 184.86 | -2% | 41Weak | $21.4B |
| WIT Wipro Limited | 2.16 | 2.42 | +11% | 42Weak | $21.4B |
| CDW CDW Corporation | 168.75 | 130.29 | -30% | 43Weak | $21.1B |
| LDOS Leidos Holdings, Inc. | 135.68 | 220.25 | +38% | 54Fair | $17.0B |
| ACN Accenture plc | 264.27 | 250.36 | -6% | 49Weak | $161.7B |
| FIS Fidelity National Information Services, Inc. | 29.76 | 81.90 | +64% | 52Fair | $15.3B |
| GIB CGI Inc. | 82.26 | 123.11 | +33% | 50Fair | $15.0B |
| CACI CACI International Inc | 632.16 | 904.89 | +30% | 51Fair | $14.0B |
| IT Gartner, Inc. | 207.19 | 382.44 | +46% | 88Prime | $13.1B |
| JKHY Jack Henry & Associates, Inc. | 179.16 | 147.80 | -21% | 39Weak | $12.6B |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about INFY
Is INFY undervalued right now?
By the GLS models, yes: at 12.24 the stock is 95% below the average fair value of 241.50 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of INFY and what does it mean?
INFY scores 92 out of 100 (Prime). The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for INFY?
241.50 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Infosys Limited report earnings next?
The next earnings report is due on 13 Jan 2027, 69 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does INFY have listed options, and how liquid are they?
Yes. The nightly snapshot found 54 listed contracts with 102,501 open interest across all expiries and implied volatility of 37% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.
Is INFY an ADR?
Yes. INFY is an American depositary share (ADR): the US listing of Infosys Limited, whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.