| Intrinsic Valuation of: ADANIGREEN | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 8 | Market Cap | ₹1,666B | |||||
| 2021 | - | - (-) | P/E Ratio | 122 | Total Asset | ₹1,114B | |||||
| 2022 | ₹-117B | - (-) | Net Income | ₹14B | Total Debt | ₹674B | |||||
| 2023 | ₹39B | 133.1% (121.9%) | EBITDA | ₹98B | Total Liab | ₹888B | |||||
| 2024 | ₹-81B | -307.3% (-274.8%) | Opr Margin | 0.57 | Debt/Equity | 2.98 | |||||
| 2025 | ₹-164B | -103.6% (-67.4%) | PreTax Margin | 7.91 | BV/Share | 74 | |||||
| 5Y Average FCF | ₹-81B | -92.6% (-73.4%) | |||||||||
| 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 | ₹-84B | MBG Intrinsic Value | ₹75 | ||||||||
| 2027 | ₹-87B | ||||||||||
| 2028 | ₹-91B | ||||||||||
| 2029 | ₹-95B | ||||||||||
| 2030 | ₹-98B | ||||||||||
| 2031 | ₹-102B | ||||||||||
| Terminal Value | ₹-2,125B | Net Worth/Share | ₹139 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-1,816B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹22B | ₹-1,519 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹674B | WACC | 7.3% | -1,385 | -1,456 | -1,542 | -1,648 | -1,781 | |||
| Equity Value | ₹-2,467B | 7.4% | -1,377 | -1,446 | -1,530 | -1,633 | -1,763 | ||||
| Shares Outstanding | 1,624,720,000 | 7.4% | -1,368 | -1,437 | -1,519 | -1,619 | -1,746 | ||||
| 7.9% | -1,292 | -1,348 | -1,415 | -1,495 | -1,593 | ||||||
| DCF Intrinsic Value | ₹-1,519 | 8.4% | -1,226 | -1,274 | -1,329 | -1,394 | -1,472 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||