Intrinsic Valuation of: COCHINSHIP
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 28 Market Cap ₹419B
2021 - - (-) P/E Ratio 58 Total Asset ₹134B
2022 ₹11B - (-) Net Income ₹8B Total Debt ₹230M
2023 ₹15B 35.5% (82.7%) EBITDA ₹13B Total Liab ₹78B
2024 ₹-8B -152.4% (-132.4%) Opr Margin 22.15 Debt/Equity 0.00
2025 ₹-8B 1.6% (20.4%) PreTax Margin 21.20 BV/Share 212
5Y Average FCF ₹3B 3.5% (-9.8%)
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): 7.33% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (3.5%)
2026 ₹14B MBG Intrinsic Value ₹247
2027 ₹14B
2028 ₹15B
2029 ₹15B
2030 ₹16B
2031 ₹16B
Terminal Value ₹337B Net Worth/Share ₹212
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹290B Growth Rate
(+) Cash & Cash Equivalents ₹3B ₹1,115 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹230M WACC 6.5% 1,123 1,221 1,343 1,499 1,707
Equity Value ₹293B 7.2% 985 1,056 1,142 1,249 1,385
Shares Outstanding 263,080,780 7.9% 878 932 996 1,074 1,169
8.6% 791 833 882 940 1,009
DCF Intrinsic Value ₹1,115 9.3% 720 753 792 836 889
Analyzed by QuantJuice (2025)