Intrinsic Valuation of: APOLLOTYRE
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 22 Market Cap ₹250B
2021 - - (-) P/E Ratio 18 Total Asset ₹273B
2022 ₹3B - (-) Net Income ₹11B Total Debt ₹18B
2023 ₹14B 342.5% (277.5%) EBITDA ₹35B Total Liab ₹125B
2024 ₹27B 99.2% (92.1%) Opr Margin 8.13 Debt/Equity 0.12
2025 ₹11B -61.1% (-62.2%) PreTax Margin 6.45 BV/Share 218
5Y Average FCF ₹14B 15.0% (102.5%)
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): 7.07% 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 ₹13B MBG Intrinsic Value ₹194
2027 ₹15B
2028 ₹16B
2029 ₹18B
2030 ₹18B
2031 ₹19B
Terminal Value ₹420B Net Worth/Share ₹233
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹356B Growth Rate
(+) Cash & Cash Equivalents ₹9B ₹549 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹18B WACC 6.5% 523 571 630 707 810
Equity Value ₹347B 7.1% 460 497 540 595 664
Shares Outstanding 632,581,334 7.8% 410 438 471 511 561
8.4% 370 392 418 449 486
DCF Intrinsic Value ₹549 9.1% 336 354 375 399 427
Analyzed by QuantJuice (2025)