| Intrinsic Valuation of: HDFCAMC | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 67 | Market Cap | ₹1,158B | |||||
| 2022 | - | - (-) | P/E Ratio | 41 | Total Asset | ₹100B | |||||
| 2023 | ₹11B | - (-) | Net Income | ₹29B | Total Debt | ₹0 | |||||
| 2024 | ₹16B | 40.6% (17.8%) | EBITDA | ₹38B | Total Liab | ₹8B | |||||
| 2025 | ₹20B | 27.2% (-6.0%) | Opr Margin | 86.34 | Debt/Equity | - | |||||
| 2026 | ₹25B | 23.4% (4.7%) | PreTax Margin | 86.01 | BV/Share | 215 | |||||
| 5Y Average FCF | ₹18B | 15.0% (5.5%) | |||||||||
| 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%) | ||||||||||
| 2027 | ₹26B | MBG Intrinsic Value | ₹595 | ||||||||
| 2028 | ₹30B | ||||||||||
| 2029 | ₹33B | ||||||||||
| 2030 | ₹35B | ||||||||||
| 2031 | ₹37B | ||||||||||
| 2032 | ₹38B | ||||||||||
| Terminal Value | ₹858B | Net Worth/Share | ₹215 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹727B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹116M | ₹1,697 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 1,593 | 1,735 | 1,912 | 2,140 | 2,443 | |||
| Equity Value | ₹727B | 7.1% | 1,414 | 1,522 | 1,653 | 1,816 | 2,023 | ||||
| Shares Outstanding | 428,468,302 | 7.8% | 1,268 | 1,352 | 1,452 | 1,573 | 1,722 | ||||
| 8.4% | 1,149 | 1,216 | 1,294 | 1,387 | 1,498 | ||||||
| DCF Intrinsic Value | ₹1,697 | 9.0% | 1,051 | 1,106 | 1,168 | 1,241 | 1,328 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||