| Intrinsic Valuation of: CONCOR | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 17 | Market Cap | ₹395B | |||||
| 2021 | - | - (-) | P/E Ratio | 31 | Total Asset | ₹145B | |||||
| 2022 | ₹6B | - (-) | Net Income | ₹13B | Total Debt | ₹0 | |||||
| 2023 | ₹8B | 35.7% (39.1%) | EBITDA | ₹24B | Total Liab | ₹20B | |||||
| 2024 | ₹6B | -21.6% (-26.7%) | Opr Margin | 16.43 | Debt/Equity | - | |||||
| 2025 | ₹8B | 35.0% (31.0%) | PreTax Margin | 15.56 | BV/Share | 162 | |||||
| 5Y Average FCF | ₹7B | 8.1% (14.5%) | |||||||||
| 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 (8.1%) | ||||||||||
| 2026 | ₹8B | MBG Intrinsic Value | ₹150 | ||||||||
| 2027 | ₹9B | ||||||||||
| 2028 | ₹9B | ||||||||||
| 2029 | ₹10B | ||||||||||
| 2030 | ₹10B | ||||||||||
| 2031 | ₹10B | ||||||||||
| Terminal Value | ₹234B | Net Worth/Share | ₹164 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹200B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹4B | ₹268 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 251 | 273 | 300 | 335 | 382 | |||
| Equity Value | ₹204B | 7.1% | 224 | 241 | 261 | 286 | 317 | ||||
| Shares Outstanding | 761,617,935 | 7.8% | 202 | 214 | 230 | 248 | 271 | ||||
| 8.4% | 183 | 194 | 206 | 220 | 237 | ||||||
| DCF Intrinsic Value | ₹268 | 9.0% | 168 | 177 | 186 | 198 | 211 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||