| Intrinsic Valuation of: EMAMILTD | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 18 | Market Cap | ₹249B | |||||
| 2021 | - | - (-) | P/E Ratio | 31 | Total Asset | ₹35B | |||||
| 2022 | ₹2B | - (-) | Net Income | ₹8B | Total Debt | ₹0 | |||||
| 2023 | ₹7B | 342.0% (314.4%) | EBITDA | ₹11B | Total Liab | ₹8B | |||||
| 2024 | ₹7B | 4.2% (-2.1%) | Opr Margin | 0.22 | Debt/Equity | - | |||||
| 2025 | ₹9B | 15.3% (8.3%) | PreTax Margin | 21.99 | BV/Share | 53 | |||||
| 5Y Average FCF | ₹6B | 120.5% (106.9%) | |||||||||
| 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 | ₹11B | MBG Intrinsic Value | ₹165 | ||||||||
| 2027 | ₹13B | ||||||||||
| 2028 | ₹17B | ||||||||||
| 2029 | ₹21B | ||||||||||
| 2030 | ₹26B | ||||||||||
| 2031 | ₹32B | ||||||||||
| Terminal Value | ₹675B | Net Worth/Share | ₹62 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹529B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹1,214 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 1,056 | 1,140 | 1,242 | 1,366 | 1,524 | |||
| Equity Value | ₹530B | 7.4% | 1,046 | 1,128 | 1,228 | 1,350 | 1,503 | ||||
| Shares Outstanding | 436,500,000 | 7.4% | 1,036 | 1,117 | 1,214 | 1,333 | 1,483 | ||||
| 7.9% | 947 | 1,014 | 1,093 | 1,188 | 1,304 | ||||||
| DCF Intrinsic Value | ₹1,214 | 8.4% | 871 | 927 | 992 | 1,069 | 1,162 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||