| Intrinsic Valuation of: BANDHANBNK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 17 | Market Cap | ₹306B | |||||
| 2021 | - | - (-) | P/E Ratio | 11 | Total Asset | ₹1,915B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹27B | Total Debt | ₹0 | |||||
| 2023 | ₹-47B | -774.6% (-763.9%) | EBITDA | - | Total Liab | ₹1,669B | |||||
| 2024 | ₹143B | 406.0% (387.2%) | Opr Margin | - | Debt/Equity | - | |||||
| 2025 | ₹25B | -82.7% (-85.1%) | PreTax Margin | - | BV/Share | 153 | |||||
| 5Y Average FCF | ₹32B | -150.4% (-153.9%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹26B | MBG Intrinsic Value | ₹152 | ||||||||
| 2027 | ₹27B | ||||||||||
| 2028 | ₹28B | ||||||||||
| 2029 | ₹29B | ||||||||||
| 2030 | ₹30B | ||||||||||
| 2031 | ₹31B | ||||||||||
| Terminal Value | ₹648B | Net Worth/Share | ₹153 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹554B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹96B | ₹403 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 362 | 384 | 410 | 443 | 484 | |||
| Equity Value | ₹650B | 7.4% | 360 | 381 | 407 | 438 | 478 | ||||
| Shares Outstanding | 1,610,969,984 | 7.4% | 357 | 378 | 403 | 434 | 473 | ||||
| 7.9% | 333 | 351 | 371 | 396 | 426 | ||||||
| DCF Intrinsic Value | ₹403 | 8.4% | 313 | 328 | 345 | 365 | 389 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||