Intrinsic Valuation of: ABB
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 73 Market Cap ₹1,352B
2021 - - (-) P/E Ratio 87 Total Asset ₹136B
2022 ₹6B - (-) Net Income ₹17B Total Debt ₹0
2023 ₹12B 103.6% (66.9%) EBITDA ₹24B Total Liab ₹58B
2024 ₹11B -4.3% (-17.9%) Opr Margin 14.36 Debt/Equity -
2025 ₹10B -12.4% (-18.9%) PreTax Margin 14.21 BV/Share 369
5Y Average FCF ₹10B 15.0% (10.0%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 7.00% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (15.0%)
2026 ₹11B MBG Intrinsic Value ₹656
2027 ₹13B
2028 ₹14B
2029 ₹15B
2030 ₹16B
2031 ₹16B
Terminal Value ₹363B Net Worth/Share ₹370
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹308B Growth Rate
(+) Cash & Cash Equivalents ₹16B ₹1,527 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 1,437 1,559 1,711 1,906 2,165
Equity Value ₹324B 7.1% 1,284 1,376 1,489 1,628 1,806
Shares Outstanding 211,908,375 7.8% 1,159 1,231 1,317 1,420 1,548
8.4% 1,057 1,114 1,181 1,261 1,356
DCF Intrinsic Value ₹1,527 9.0% 973 1,020 1,074 1,136 1,210
Analyzed by QuantJuice (2025)