Intrinsic Valuation of: ATGL
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 6 Market Cap ₹678B
2022 - - (-) P/E Ratio 103 Total Asset ₹95B
2023 ₹-3B - (-) Net Income ₹7B Total Debt ₹16B
2024 ₹2B 148.3% (147.3%) EBITDA ₹13B Total Liab ₹47B
2025 ₹230M -85.3% (-86.9%) Opr Margin 16.14 Debt/Equity 0.33
2026 ₹2B 600.8% (494.4%) PreTax Margin 13.95 BV/Share 44
5Y Average FCF ₹43M 15.0% (184.9%)
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%)
2027 ₹2B MBG Intrinsic Value ₹53
2028 ₹2B
2029 ₹2B
2030 ₹2B
2031 ₹2B
2032 ₹2B
Terminal Value ₹55B Net Worth/Share ₹44
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹46B Growth Rate
(+) Cash & Cash Equivalents ₹3B ₹30 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹16B WACC 6.5% 27 31 35 41 48
Equity Value ₹33B 7.1% 23 26 29 33 38
Shares Outstanding 1,099,810,083 7.8% 19 21 24 27 31
8.4% 16 18 20 22 25
DCF Intrinsic Value ₹30 9.0% 14 15 17 19 21
Analyzed by QuantJuice (2025)