Intrinsic Valuation of: ABCAPITAL
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 13 Market Cap ₹726B
2021 - - (-) P/E Ratio 21 Total Asset ₹2,791B
2022 ₹-52B - (-) Net Income ₹33B Total Debt ₹1,287B
2023 ₹-243B -362.4% (-314.5%) EBITDA - Total Liab ₹2,467B
2024 ₹-245B -0.9% (29.0%) Opr Margin - Debt/Equity 3.98
2025 ₹-284B -15.9% (-9.1%) PreTax Margin - BV/Share 112
5Y Average FCF ₹-206B -126.4% (-98.2%)
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 (4.0%)
2026 ₹-214B MBG Intrinsic Value ₹116
2027 ₹-223B
2028 ₹-232B
2029 ₹-241B
2030 ₹-251B
2031 ₹-261B
Terminal Value ₹-5,421B Net Worth/Share ₹124
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹-4,631B Growth Rate
(+) Cash & Cash Equivalents ₹43B ₹-2,249 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹1,287B WACC 7.3% -2,037 -2,150 -2,286 -2,454 -2,665
Equity Value ₹-5,875B 7.4% -2,024 -2,134 -2,268 -2,431 -2,637
Shares Outstanding 2,612,130,048 7.4% -2,011 -2,119 -2,249 -2,409 -2,609
7.9% -1,889 -1,979 -2,085 -2,212 -2,368
DCF Intrinsic Value ₹-2,249 8.4% -1,786 -1,860 -1,948 -2,051 -2,176
Analyzed by QuantJuice (2025)