| Intrinsic Valuation of: DABUR | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 10 | Market Cap | ₹860B | |||||
| 2021 | - | - (-) | P/E Ratio | 49 | 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% (36.4%) | Opr Margin | 0.15 | Debt/Equity | 0.03 | |||||
| 2025 | ₹14B | -2.2% (-3.5%) | PreTax Margin | 13.59 | BV/Share | 54 | |||||
| 5Y Average FCF | ₹13B | 4.8% (-0.7%) | |||||||||
| 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 (4.8%) | ||||||||||
| 2026 | ₹15B | MBG Intrinsic Value | ₹88 | ||||||||
| 2027 | ₹16B | ||||||||||
| 2028 | ₹16B | ||||||||||
| 2029 | ₹17B | ||||||||||
| 2030 | ₹18B | ||||||||||
| 2031 | ₹19B | ||||||||||
| Terminal Value | ₹390B | Net Worth/Share | ₹63 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹332B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹186 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹3B | WACC | 7.3% | 164 | 176 | 190 | 208 | 230 | |||
| Equity Value | ₹331B | 7.4% | 162 | 174 | 188 | 206 | 227 | ||||
| Shares Outstanding | 1,773,689,984 | 7.4% | 161 | 173 | 186 | 203 | 224 | ||||
| 7.9% | 148 | 158 | 169 | 182 | 199 | ||||||
| DCF Intrinsic Value | ₹186 | 8.4% | 137 | 145 | 154 | 165 | 179 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||