| Intrinsic Valuation of: ADANIGREEN | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 10 | Market Cap | ₹2,271B | |||||
| 2022 | - | - (-) | P/E Ratio | 143 | Total Asset | ₹1,441B | |||||
| 2023 | ₹39B | - (-) | Net Income | ₹17B | Total Debt | ₹879B | |||||
| 2024 | ₹-81B | -307.3% (-274.8%) | EBITDA | ₹114B | Total Liab | ₹1,142B | |||||
| 2025 | ₹-158B | -96.3% (-61.4%) | Opr Margin | 57.21 | Debt/Equity | 2.94 | |||||
| 2026 | ₹-160B | -0.9% (12.5%) | PreTax Margin | 7.05 | BV/Share | 121 | |||||
| 5Y Average FCF | ₹-90B | 3.5% (-107.9%) | |||||||||
| 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): | 9.12% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (3.5%) | ||||||||||
| 2027 | ₹40B | MBG Intrinsic Value | ₹87 | ||||||||
| 2028 | ₹42B | ||||||||||
| 2029 | ₹43B | ||||||||||
| 2030 | ₹44B | ||||||||||
| 2031 | ₹45B | ||||||||||
| 2032 | ₹46B | ||||||||||
| Terminal Value | ₹716B | Net Worth/Share | ₹181 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹617B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹17B | ₹-149 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹879B | WACC | 7.1% | -63 | -29 | 13 | 65 | 131 | |||
| Equity Value | ₹-245B | 8.1% | -133 | -110 | -82 | -49 | -9 | ||||
| Shares Outstanding | 1,647,176,155 | 9.1% | -185 | -168 | -149 | -126 | -100 | ||||
| 10.1% | -224 | -212 | -198 | -182 | -164 | ||||||
| DCF Intrinsic Value | ₹-149 | 11.1% | -256 | -246 | -236 | -224 | -210 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||