| Intrinsic Valuation of: AXISBANK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 85 | Market Cap | ₹3,871B | |||||
| 2022 | - | - (-) | P/E Ratio | 15 | Total Asset | ₹19,461B | |||||
| 2023 | ₹207B | - (-) | Net Income | ₹264B | Total Debt | ₹0 | |||||
| 2024 | ₹-79B | -138.4% (-131.3%) | EBITDA | - | Total Liab | ₹17,302B | |||||
| 2025 | ₹419B | 628.2% (576.7%) | Opr Margin | - | Debt/Equity | - | |||||
| 2026 | ₹-108B | -125.9% (-124.9%) | PreTax Margin | - | BV/Share | 691 | |||||
| 5Y Average FCF | ₹110B | 15.0% (106.8%) | |||||||||
| 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 | ₹360B | MBG Intrinsic Value | ₹756 | ||||||||
| 2028 | ₹405B | ||||||||||
| 2029 | ₹446B | ||||||||||
| 2030 | ₹479B | ||||||||||
| 2031 | ₹503B | ||||||||||
| 2032 | ₹515B | ||||||||||
| Terminal Value | ₹11,682B | Net Worth/Share | ₹694 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹9,906B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1,094B | ₹3,537 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 3,341 | 3,608 | 3,940 | 4,368 | 4,937 | |||
| Equity Value | ₹10,999B | 7.1% | 3,005 | 3,207 | 3,454 | 3,759 | 4,149 | ||||
| Shares Outstanding | 3,109,347,080 | 7.8% | 2,731 | 2,889 | 3,077 | 3,303 | 3,584 | ||||
| 8.4% | 2,508 | 2,633 | 2,780 | 2,954 | 3,163 | ||||||
| DCF Intrinsic Value | ₹3,537 | 9.0% | 2,325 | 2,427 | 2,544 | 2,682 | 2,844 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||