| Intrinsic Valuation of: AXISBANK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 90 | Market Cap | ₹3,639B | |||||
| 2021 | - | - (-) | P/E Ratio | 13 | Total Asset | ₹16,570B | |||||
| 2022 | ₹267B | - (-) | Net Income | ₹281B | Total Debt | ₹0 | |||||
| 2023 | ₹207B | -22.6% (-36.5%) | EBITDA | - | Total Liab | ₹14,691B | |||||
| 2024 | ₹-79B | -138.4% (-131.3%) | Opr Margin | - | Debt/Equity | - | |||||
| 2025 | ₹419B | 628.2% (576.6%) | PreTax Margin | - | BV/Share | 603 | |||||
| 5Y Average FCF | ₹204B | 155.7% (136.3%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (25.0%) | ||||||||||
| 2026 | ₹524B | MBG Intrinsic Value | ₹807 | ||||||||
| 2027 | ₹655B | ||||||||||
| 2028 | ₹819B | ||||||||||
| 2029 | ₹1,024B | ||||||||||
| 2030 | ₹1,280B | ||||||||||
| 2031 | ₹1,600B | ||||||||||
| Terminal Value | ₹33,262B | Net Worth/Share | ₹606 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹26,057B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1,027B | ₹8,733 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 7,637 | 8,220 | 8,923 | 9,789 | 10,881 | |||
| Equity Value | ₹27,084B | 7.4% | 7,568 | 8,139 | 8,827 | 9,672 | 10,736 | ||||
| Shares Outstanding | 3,101,189,888 | 7.4% | 7,500 | 8,060 | 8,733 | 9,559 | 10,594 | ||||
| 7.9% | 6,882 | 7,344 | 7,891 | 8,549 | 9,355 | ||||||
| DCF Intrinsic Value | ₹8,733 | 8.4% | 6,355 | 6,741 | 7,192 | 7,727 | 8,370 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||