| Intrinsic Valuation of: ETERNAL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 1 | Market Cap | ₹2,396B | |||||
| 2021 | - | - (-) | P/E Ratio | 458 | Total Asset | ₹356B | |||||
| 2022 | ₹-8B | - (-) | Net Income | ₹5B | Total Debt | ₹0 | |||||
| 2023 | ₹-9B | -25.9% (26.3%) | EBITDA | ₹17B | Total Liab | ₹53B | |||||
| 2024 | ₹4B | 145.5% (126.4%) | Opr Margin | -0.01 | Debt/Equity | - | |||||
| 2025 | ₹-6B | -245.7% (-187.2%) | PreTax Margin | -1.88 | BV/Share | 26 | |||||
| 5Y Average FCF | ₹-5B | -42.0% (-11.5%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹-5B | MBG Intrinsic Value | ₹5 | ||||||||
| 2027 | ₹-5B | ||||||||||
| 2028 | ₹-5B | ||||||||||
| 2029 | ₹-6B | ||||||||||
| 2030 | ₹-6B | ||||||||||
| 2031 | ₹-6B | ||||||||||
| Terminal Value | ₹-125B | Net Worth/Share | ₹33 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-107B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹7B | ₹-11 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | -10 | -10 | -11 | -12 | -14 | |||
| Equity Value | ₹-100B | 7.4% | -10 | -10 | -11 | -12 | -14 | ||||
| Shares Outstanding | 9,072,889,856 | 7.4% | -9 | -10 | -11 | -12 | -13 | ||||
| 7.9% | -9 | -9 | -10 | -11 | -12 | ||||||
| DCF Intrinsic Value | ₹-11 | 8.4% | -8 | -8 | -9 | -10 | -11 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||