| Intrinsic Valuation of: DABUR | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 11 | Market Cap | ₹830B | |||||
| 2021 | - | - (-) | P/E Ratio | 44 | Total Asset | ₹162B | |||||
| 2022 | ₹14B | - (-) | Net Income | ₹18B | Total Debt | ₹3B | |||||
| 2023 | ₹10B | -31.4% (-35.1%) | EBITDA | ₹29B | Total Liab | ₹50B | |||||
| 2024 | ₹14B | 48.0% (37.9%) | Opr Margin | 15.19 | Debt/Equity | 0.03 | |||||
| 2025 | ₹14B | -2.2% (-3.3%) | PreTax Margin | 14.01 | BV/Share | 54 | |||||
| 5Y Average FCF | ₹13B | 4.7% (-0.2%) | |||||||||
| 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): | 7.02% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (4.7%) | ||||||||||
| 2026 | ₹15B | MBG Intrinsic Value | ₹95 | ||||||||
| 2027 | ₹15B | ||||||||||
| 2028 | ₹16B | ||||||||||
| 2029 | ₹16B | ||||||||||
| 2030 | ₹17B | ||||||||||
| 2031 | ₹17B | ||||||||||
| Terminal Value | ₹388B | Net Worth/Share | ₹63 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹333B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹187 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹3B | WACC | 6.5% | 177 | 192 | 212 | 237 | 270 | |||
| Equity Value | ₹332B | 7.1% | 157 | 168 | 183 | 201 | 223 | ||||
| Shares Outstanding | 1,773,690,172 | 7.8% | 141 | 150 | 161 | 174 | 190 | ||||
| 8.4% | 128 | 135 | 144 | 154 | 166 | ||||||
| DCF Intrinsic Value | ₹187 | 9.0% | 117 | 123 | 130 | 138 | 147 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||