| Intrinsic Valuation of: COCHINSHIP | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 32 | Market Cap | ₹543B | |||||
| 2021 | - | - (-) | P/E Ratio | 65 | 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% (-131.7%) | Opr Margin | 0.16 | Debt/Equity | 0.00 | |||||
| 2025 | ₹-8B | 1.5% (21.7%) | PreTax Margin | 15.27 | BV/Share | 212 | |||||
| 5Y Average FCF | ₹3B | -38.5% (-9.1%) | |||||||||
| 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 | ₹3B | MBG Intrinsic Value | ₹282 | ||||||||
| 2027 | ₹3B | ||||||||||
| 2028 | ₹3B | ||||||||||
| 2029 | ₹3B | ||||||||||
| 2030 | ₹3B | ||||||||||
| 2031 | ₹3B | ||||||||||
| Terminal Value | ₹71B | Net Worth/Share | ₹212 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹60B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹3B | ₹241 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹230M | WACC | 7.3% | 213 | 228 | 245 | 267 | 294 | |||
| Equity Value | ₹63B | 7.4% | 211 | 226 | 243 | 264 | 291 | ||||
| Shares Outstanding | 263,080,992 | 7.4% | 210 | 224 | 241 | 261 | 287 | ||||
| 7.9% | 194 | 206 | 219 | 236 | 256 | ||||||
| DCF Intrinsic Value | ₹241 | 8.4% | 181 | 190 | 202 | 215 | 231 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||