| Intrinsic Valuation of: ADANIENT | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 61 | Market Cap | ₹3,026B | |||||
| 2021 | - | - (-) | P/E Ratio | 43 | Total Asset | ₹1,981B | |||||
| 2022 | ₹-103B | - (-) | Net Income | ₹71B | Total Debt | ₹646B | |||||
| 2023 | ₹29B | 128.3% (115.4%) | EBITDA | ₹207B | Total Liab | ₹1,417B | |||||
| 2024 | ₹-121B | -515.4% (-648.8%) | Opr Margin | 0.11 | Debt/Equity | 1.14 | |||||
| 2025 | ₹-247B | -104.6% (-101.5%) | PreTax Margin | 4.52 | BV/Share | 180 | |||||
| 5Y Average FCF | ₹-110B | -163.9% (-211.6%) | |||||||||
| 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 | ₹-115B | MBG Intrinsic Value | ₹542 | ||||||||
| 2027 | ₹-119B | ||||||||||
| 2028 | ₹-124B | ||||||||||
| 2029 | ₹-129B | ||||||||||
| 2030 | ₹-134B | ||||||||||
| 2031 | ₹-139B | ||||||||||
| Terminal Value | ₹-2,899B | Net Worth/Share | ₹489 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-2,477B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹31B | ₹-2,679 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹646B | WACC | 7.3% | -2,422 | -2,559 | -2,723 | -2,926 | -3,182 | |||
| Equity Value | ₹-3,091B | 7.4% | -2,406 | -2,540 | -2,701 | -2,899 | -3,148 | ||||
| Shares Outstanding | 1,154,179,968 | 7.4% | -2,390 | -2,521 | -2,679 | -2,872 | -3,114 | ||||
| 7.9% | -2,243 | -2,351 | -2,479 | -2,633 | -2,822 | ||||||
| DCF Intrinsic Value | ₹-2,679 | 8.4% | -2,118 | -2,208 | -2,314 | -2,439 | -2,589 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||