| Intrinsic Valuation of: ENDURANCE | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 68 | Market Cap | ₹358B | |||||
| 2021 | - | - (-) | P/E Ratio | 38 | Total Asset | ₹91B | |||||
| 2022 | ₹2B | - (-) | Net Income | ₹8B | Total Debt | ₹6B | |||||
| 2023 | ₹2B | 6.2% (-9.1%) | EBITDA | ₹17B | Total Liab | ₹34B | |||||
| 2024 | ₹2B | -1.5% (-15.3%) | Opr Margin | 8.99 | Debt/Equity | 0.10 | |||||
| 2025 | ₹5B | 115.2% (90.8%) | PreTax Margin | 8.59 | BV/Share | 375 | |||||
| 5Y Average FCF | ₹3B | 15.0% (22.1%) | |||||||||
| 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 | ₹5B | MBG Intrinsic Value | ₹604 | ||||||||
| 2027 | ₹5B | ||||||||||
| 2028 | ₹6B | ||||||||||
| 2029 | ₹6B | ||||||||||
| 2030 | ₹7B | ||||||||||
| 2031 | ₹7B | ||||||||||
| Terminal Value | ₹157B | Net Worth/Share | ₹406 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹133B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹10B | ₹975 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹6B | WACC | 6.5% | 917 | 996 | 1,095 | 1,222 | 1,390 | |||
| Equity Value | ₹137B | 7.1% | 817 | 877 | 950 | 1,041 | 1,157 | ||||
| Shares Outstanding | 140,662,848 | 7.8% | 736 | 783 | 838 | 906 | 989 | ||||
| 8.4% | 670 | 707 | 751 | 802 | 864 | ||||||
| DCF Intrinsic Value | ₹975 | 9.0% | 615 | 646 | 681 | 721 | 769 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||