| Intrinsic Valuation of: DIXON | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 225 | Market Cap | ₹1,009B | |||||
| 2021 | - | - (-) | P/E Ratio | 74 | Total Asset | ₹168B | |||||
| 2022 | ₹-1B | - (-) | Net Income | ₹11B | Total Debt | ₹809M | |||||
| 2023 | ₹3B | 278.9% (256.8%) | EBITDA | ₹20B | Total Liab | ₹133B | |||||
| 2024 | ₹-1M | -100.0% (-100.0%) | Opr Margin | 0.03 | Debt/Equity | 0.02 | |||||
| 2025 | ₹2B | 175433.3% (79919.8%) | PreTax Margin | 2.76 | BV/Share | 482 | |||||
| 5Y Average FCF | ₹817M | 58537.4% (26692.2%) | |||||||||
| 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 (25.0%) | ||||||||||
| 2026 | ₹3B | MBG Intrinsic Value | ₹2,014 | ||||||||
| 2027 | ₹3B | ||||||||||
| 2028 | ₹4B | ||||||||||
| 2029 | ₹5B | ||||||||||
| 2030 | ₹6B | ||||||||||
| 2031 | ₹8B | ||||||||||
| Terminal Value | ₹167B | Net Worth/Share | ₹574 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹131B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹2,186 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹809M | WACC | 7.3% | 1,904 | 2,054 | 2,235 | 2,458 | 2,739 | |||
| Equity Value | ₹132B | 7.4% | 1,887 | 2,033 | 2,210 | 2,428 | 2,701 | ||||
| Shares Outstanding | 60,477,700 | 7.4% | 1,869 | 2,013 | 2,186 | 2,399 | 2,665 | ||||
| 7.9% | 1,710 | 1,829 | 1,970 | 2,139 | 2,346 | ||||||
| DCF Intrinsic Value | ₹2,186 | 8.4% | 1,574 | 1,674 | 1,790 | 1,927 | 2,093 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||