| Intrinsic Valuation of: HDFCLIFE | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 9 | Market Cap | ₹1,313B | |||||
| 2022 | - | - (-) | P/E Ratio | 68 | Total Asset | ₹3,905B | |||||
| 2023 | ₹68B | - (-) | Net Income | ₹19B | Total Debt | ₹31B | |||||
| 2024 | ₹106B | 55.8% (14.2%) | EBITDA | - | Total Liab | ₹3,728B | |||||
| 2025 | ₹153B | 44.5% (43.0%) | Opr Margin | - | Debt/Equity | 0.17 | |||||
| 2026 | ₹223B | 46.0% (42.2%) | PreTax Margin | - | BV/Share | 82 | |||||
| 5Y Average FCF | ₹138B | 15.0% (33.1%) | |||||||||
| 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 | ₹227B | MBG Intrinsic Value | ₹79 | ||||||||
| 2028 | ₹256B | ||||||||||
| 2029 | ₹281B | ||||||||||
| 2030 | ₹302B | ||||||||||
| 2031 | ₹317B | ||||||||||
| 2032 | ₹325B | ||||||||||
| Terminal Value | ₹7,373B | Net Worth/Share | ₹82 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹6,252B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹20B | ₹2,893 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹31B | WACC | 6.5% | 2,714 | 2,957 | 3,260 | 3,648 | 4,166 | |||
| Equity Value | ₹6,241B | 7.1% | 2,408 | 2,593 | 2,817 | 3,095 | 3,450 | ||||
| Shares Outstanding | 2,157,279,702 | 7.8% | 2,160 | 2,303 | 2,474 | 2,680 | 2,935 | ||||
| 8.4% | 1,956 | 2,070 | 2,204 | 2,362 | 2,553 | ||||||
| DCF Intrinsic Value | ₹2,893 | 9.0% | 1,790 | 1,882 | 1,990 | 2,114 | 2,262 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||