| Intrinsic Valuation of: DMART | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 46 | Market Cap | ₹2,842B | |||||
| 2022 | - | - (-) | P/E Ratio | 95 | Total Asset | ₹295B | |||||
| 2023 | ₹4B | - (-) | Net Income | ₹30B | Total Debt | ₹0 | |||||
| 2024 | ₹146M | -96.5% (-97.1%) | EBITDA | ₹53B | Total Liab | ₹51B | |||||
| 2025 | ₹-10B | -6680.3% (-5720.6%) | Opr Margin | 6.03 | Debt/Equity | - | |||||
| 2026 | ₹-6B | 32.6% (41.9%) | PreTax Margin | 5.82 | BV/Share | 373 | |||||
| 5Y Average FCF | ₹-3B | 3.5% (-1925.3%) | |||||||||
| 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 (3.5%) | ||||||||||
| 2027 | ₹2B | MBG Intrinsic Value | ₹409 | ||||||||
| 2028 | ₹2B | ||||||||||
| 2029 | ₹2B | ||||||||||
| 2030 | ₹2B | ||||||||||
| 2031 | ₹3B | ||||||||||
| 2032 | ₹3B | ||||||||||
| Terminal Value | ₹59B | Net Worth/Share | ₹375 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹50B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹3B | ₹82 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 77 | 83 | 91 | 102 | 115 | |||
| Equity Value | ₹53B | 7.1% | 69 | 74 | 80 | 87 | 96 | ||||
| Shares Outstanding | 652,123,657 | 7.8% | 62 | 66 | 71 | 76 | 83 | ||||
| 8.4% | 57 | 60 | 64 | 68 | 73 | ||||||
| DCF Intrinsic Value | ₹82 | 9.0% | 53 | 55 | 58 | 61 | 65 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||