Intrinsic Valuation of: ESCORTS
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 112 Market Cap ₹393B
2021 - - (-) P/E Ratio 32 Total Asset ₹131B
2022 ₹-2B - (-) Net Income ₹13B Total Debt ₹0
2023 ₹51M 103.3% (102.8%) EBITDA ₹16B Total Liab ₹27B
2024 ₹5B 9771.9% (8368.3%) Opr Margin 0.09 Debt/Equity -
2025 ₹7B 47.9% (41.2%) PreTax Margin 8.90 BV/Share 933
5Y Average FCF ₹3B 3307.7% (2837.4%)
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 ₹9B MBG Intrinsic Value ₹998
2027 ₹12B
2028 ₹15B
2029 ₹18B
2030 ₹23B
2031 ₹29B
Terminal Value ₹593B Net Worth/Share ₹942
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹464B Growth Rate
(+) Cash & Cash Equivalents ₹3B ₹4,253 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 7.3% 3,702 3,995 4,348 4,783 5,332
Equity Value ₹468B 7.4% 3,667 3,954 4,300 4,725 5,259
Shares Outstanding 110,011,000 7.4% 3,633 3,914 4,253 4,667 5,188
7.9% 3,323 3,555 3,830 4,160 4,565
DCF Intrinsic Value ₹4,253 8.4% 3,058 3,252 3,478 3,747 4,070
Analyzed by QuantJuice (2025)