| Intrinsic Valuation of: AIAENG | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 125 | Market Cap | ₹360B | |||||
| 2021 | - | - (-) | P/E Ratio | 31 | Total Asset | ₹78B | |||||
| 2022 | ₹-2B | - (-) | Net Income | ₹11B | Total Debt | ₹0 | |||||
| 2023 | ₹7B | 507.8% (396.1%) | EBITDA | ₹15B | Total Liab | ₹9B | |||||
| 2024 | ₹7B | 2.8% (4.3%) | Opr Margin | 24.84 | Debt/Equity | - | |||||
| 2025 | ₹10B | 48.2% (67.3%) | PreTax Margin | 24.35 | BV/Share | 740 | |||||
| 5Y Average FCF | ₹6B | 15.0% (155.9%) | |||||||||
| 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): | 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 | ₹1,113 | ||||||||
| 2027 | ₹12B | ||||||||||
| 2028 | ₹14B | ||||||||||
| 2029 | ₹15B | ||||||||||
| 2030 | ₹15B | ||||||||||
| 2031 | ₹16B | ||||||||||
| Terminal Value | ₹357B | Net Worth/Share | ₹743 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹303B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹4B | ₹3,286 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 3,086 | 3,357 | 3,696 | 4,131 | 4,710 | |||
| Equity Value | ₹307B | 7.1% | 2,743 | 2,950 | 3,200 | 3,512 | 3,909 | ||||
| Shares Outstanding | 93,320,370 | 7.8% | 2,465 | 2,625 | 2,816 | 3,048 | 3,333 | ||||
| 8.4% | 2,238 | 2,365 | 2,515 | 2,692 | 2,905 | ||||||
| DCF Intrinsic Value | ₹3,286 | 9.0% | 2,051 | 2,155 | 2,275 | 2,414 | 2,579 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||