| Intrinsic Valuation of: BAJFINANCE | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 30 | Market Cap | ₹5,661B | |||||
| 2022 | - | - (-) | P/E Ratio | 30 | Total Asset | ₹5,600B | |||||
| 2023 | ₹-430B | - (-) | Net Income | ₹190B | Total Debt | ₹0 | |||||
| 2024 | ₹-709B | -64.9% (-29.5%) | EBITDA | - | Total Liab | ₹4,430B | |||||
| 2025 | ₹-689B | 2.8% (19.6%) | Opr Margin | - | Debt/Equity | - | |||||
| 2026 | ₹-668B | 3.1% (19.1%) | PreTax Margin | - | BV/Share | 181 | |||||
| 5Y Average FCF | ₹-624B | 2.5% (3.1%) | |||||||||
| 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 (2.5%) | ||||||||||
| 2027 | ₹0 | MBG Intrinsic Value | ₹273 | ||||||||
| 2028 | ₹0 | ||||||||||
| 2029 | ₹0 | ||||||||||
| 2030 | ₹0 | ||||||||||
| 2031 | ₹0 | ||||||||||
| 2032 | ₹0 | ||||||||||
| Terminal Value | ₹0 | Net Worth/Share | ₹188 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹0 | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹158B | ₹25 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 25 | 25 | 25 | 25 | 25 | |||
| Equity Value | ₹158B | 7.1% | 25 | 25 | 25 | 25 | 25 | ||||
| Shares Outstanding | 6,217,876,336 | 7.8% | 25 | 25 | 25 | 25 | 25 | ||||
| 8.4% | 25 | 25 | 25 | 25 | 25 | ||||||
| DCF Intrinsic Value | ₹25 | 9.0% | 25 | 25 | 25 | 25 | 25 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||