Intrinsic Valuation of: ABB
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 87 Market Cap ₹1,288B
2021 - - (-) P/E Ratio 68 Total Asset ₹124B
2022 ₹5B - (-) Net Income ₹19B Total Debt ₹0
2023 ₹6B 20.1% (-3.0%) EBITDA ₹27B Total Liab ₹53B
2024 ₹12B 103.6% (66.9%) Opr Margin 0.18 Debt/Equity -
2025 ₹11B -4.3% (-17.9%) PreTax Margin 18.16 BV/Share 333
5Y Average FCF ₹8B 39.8% (15.3%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.5% Historical US Bond Yield: 4.4%
Discount Rate (WACC): 7.4% Current US Bond Yield: 3.5%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (25.0%)
2026 ₹14B MBG Intrinsic Value ₹782
2027 ₹17B
2028 ₹22B
2029 ₹27B
2030 ₹34B
2031 ₹43B
Terminal Value ₹887B Net Worth/Share ₹334
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹695B Growth Rate
(+) Cash & Cash Equivalents ₹9B ₹3,322 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 7.3% 2,894 3,121 3,396 3,733 4,159
Equity Value ₹704B 7.4% 2,867 3,090 3,358 3,688 4,103
Shares Outstanding 211,908,000 7.4% 2,841 3,059 3,322 3,644 4,048
7.9% 2,600 2,780 2,993 3,250 3,564
DCF Intrinsic Value ₹3,322 8.4% 2,394 2,545 2,721 2,929 3,180
Analyzed by QuantJuice (2025)