| 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 | ₹187B | |||||
| 2021 | - | - (-) | P/E Ratio | 24 | 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% (-0.7%) | Opr Margin | 22.50 | Debt/Equity | - | |||||
| 2025 | ₹9B | 15.3% (8.1%) | PreTax Margin | 22.25 | BV/Share | 53 | |||||
| 5Y Average FCF | ₹6B | 15.0% (107.3%) | |||||||||
| 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 (15.0%) | ||||||||||
| 2026 | ₹9B | MBG Intrinsic Value | ₹163 | ||||||||
| 2027 | ₹10B | ||||||||||
| 2028 | ₹11B | ||||||||||
| 2029 | ₹12B | ||||||||||
| 2030 | ₹13B | ||||||||||
| 2031 | ₹13B | ||||||||||
| Terminal Value | ₹291B | Net Worth/Share | ₹62 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹247B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹568 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 533 | 580 | 639 | 715 | 816 | |||
| Equity Value | ₹248B | 7.1% | 473 | 509 | 553 | 607 | 677 | ||||
| Shares Outstanding | 436,500,000 | 7.8% | 425 | 453 | 486 | 526 | 576 | ||||
| 8.4% | 385 | 407 | 433 | 464 | 502 | ||||||
| DCF Intrinsic Value | ₹568 | 9.0% | 353 | 371 | 392 | 416 | 445 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||