| Intrinsic Valuation of: GLAND | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 42 | Market Cap | ₹309B | |||||
| 2021 | - | - (-) | P/E Ratio | 44 | Total Asset | ₹112B | |||||
| 2022 | ₹3B | - (-) | Net Income | ₹7B | Total Debt | ₹777M | |||||
| 2023 | ₹1B | -47.6% (-36.0%) | EBITDA | ₹15B | Total Liab | ₹21B | |||||
| 2024 | ₹6B | 325.0% (169.5%) | Opr Margin | 0.16 | Debt/Equity | 0.01 | |||||
| 2025 | ₹5B | -13.0% (-12.3%) | PreTax Margin | 15.12 | BV/Share | 534 | |||||
| 5Y Average FCF | ₹4B | 88.1% (40.4%) | |||||||||
| 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 | ₹7B | MBG Intrinsic Value | ₹380 | ||||||||
| 2027 | ₹8B | ||||||||||
| 2028 | ₹10B | ||||||||||
| 2029 | ₹13B | ||||||||||
| 2030 | ₹16B | ||||||||||
| 2031 | ₹20B | ||||||||||
| Terminal Value | ₹413B | Net Worth/Share | ₹555 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹323B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹26B | ₹2,114 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹777M | WACC | 7.3% | 1,857 | 1,993 | 2,158 | 2,360 | 2,615 | |||
| Equity Value | ₹348B | 7.4% | 1,841 | 1,975 | 2,135 | 2,333 | 2,581 | ||||
| Shares Outstanding | 164,756,000 | 7.4% | 1,825 | 1,956 | 2,114 | 2,306 | 2,548 | ||||
| 7.9% | 1,681 | 1,789 | 1,917 | 2,070 | 2,259 | ||||||
| DCF Intrinsic Value | ₹2,114 | 8.4% | 1,558 | 1,648 | 1,753 | 1,878 | 2,029 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||