| Intrinsic Valuation of: EXIDEIND | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 9 | Market Cap | ₹330B | |||||
| 2021 | - | - (-) | P/E Ratio | 41 | Total Asset | ₹214B | |||||
| 2022 | ₹-6B | - (-) | Net Income | ₹8B | Total Debt | ₹9B | |||||
| 2023 | ₹-2B | 62.8% (68.4%) | EBITDA | ₹19B | Total Liab | ₹75B | |||||
| 2024 | ₹-3B | -52.4% (-36.1%) | Opr Margin | 0.07 | Debt/Equity | 0.07 | |||||
| 2025 | ₹-7B | -97.1% (-91.7%) | PreTax Margin | 6.16 | BV/Share | 160 | |||||
| 5Y Average FCF | ₹-5B | -28.9% (-19.8%) | |||||||||
| 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 | ₹83 | ||||||||
| 2027 | ₹-5B | ||||||||||
| 2028 | ₹-5B | ||||||||||
| 2029 | ₹-5B | ||||||||||
| 2030 | ₹-6B | ||||||||||
| 2031 | ₹-6B | ||||||||||
| Terminal Value | ₹-122B | Net Worth/Share | ₹164 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-104B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹-131 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹9B | WACC | 7.3% | -117 | -124 | -134 | -145 | -160 | |||
| Equity Value | ₹-111B | 7.4% | -116 | -123 | -132 | -144 | -158 | ||||
| Shares Outstanding | 850,000,000 | 7.4% | -115 | -122 | -131 | -142 | -156 | ||||
| 7.9% | -106 | -113 | -120 | -129 | -139 | ||||||
| DCF Intrinsic Value | ₹-131 | 8.4% | -99 | -104 | -110 | -118 | -126 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||