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Intrinsic Valuation of: AJANTPHARM |
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Free Cash Flow Average and Growth over past 5Y |
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Key Statistics |
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Year |
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FCF |
FCF (FCF/Revenue) |
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2020 |
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- |
- |
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EPS (FY) |
74 |
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Market Cap |
₹310B |
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2021 |
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- |
- (-) |
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P/E Ratio |
33 |
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Total Asset |
₹50B |
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2022 |
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₹4B |
- (-) |
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Net Income |
₹9B |
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Total Debt |
₹0 |
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2023 |
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₹6B |
49.6% (32.5%) |
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EBITDA |
₹14B |
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Total Liab |
₹12B |
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2024 |
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₹6B |
2.4% (-8.7%) |
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Opr Margin |
0.25 |
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Debt/Equity |
- |
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2025 |
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₹8B |
32.7% (20.3%) |
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PreTax Margin |
24.15 |
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BV/Share |
300 |
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5Y Average FCF |
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₹6B |
28.2% (14.7%) |
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Overall Market Assumptions: |
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Assumptions: |
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P/E for No-Growth Company: |
7.0 |
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Perpetual Growth Rate (g): |
2.5% |
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Historical US Bond Yield: |
4.4% |
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Discount Rate (WACC): |
7.4% |
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Current US Bond Yield: |
3.5% |
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Forcasting Future Free Cash Flow for next 6Y |
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Modified Benjamin Graham's Intrinsic Value |
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Year |
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FCF Projection (25.0%) |
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2026 |
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₹10B |
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MBG Intrinsic Value |
₹666 |
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2027 |
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₹13B |
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2028 |
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₹16B |
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2029 |
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₹20B |
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2030 |
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₹26B |
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2031 |
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₹32B |
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Terminal Value |
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₹666B |
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Net Worth/Share |
₹303 |
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DCF Valuation |
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DCF Valuation "What If" Scenario Table |
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Enterprise Value |
₹521B |
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Growth Rate |
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(+) Cash & Cash Equivalents |
₹2B |
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₹4,188 |
1.5% |
2.0% |
2.5% |
3.0% |
3.5% |
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(-) Total Debt |
₹0 |
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WACC |
7.3% |
3,643 |
3,933 |
4,282 |
4,712 |
5,255 |
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Equity Value |
₹523B |
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7.4% |
3,609 |
3,893 |
4,235 |
4,654 |
5,183 |
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Shares Outstanding |
124,936,000 |
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7.4% |
3,575 |
3,853 |
4,188 |
4,598 |
5,112 |
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7.9% |
3,268 |
3,498 |
3,770 |
4,096 |
4,497 |
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DCF Intrinsic Value |
₹4,188 |
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8.4% |
3,006 |
3,198 |
3,422 |
3,688 |
4,007 |
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Analyzed by QuantJuice (2025) |
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