Intrinsic Valuation of: HONAUT
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 572 Market Cap ₹256B
2021 - - (-) P/E Ratio 51 Total Asset ₹56B
2022 ₹3B - (-) Net Income ₹5B Total Debt ₹0
2023 ₹4B 52.2% (30.2%) EBITDA ₹8B Total Liab ₹16B
2024 ₹4B 6.5% (-9.8%) Opr Margin 13.58 Debt/Equity -
2025 ₹4B -2.0% (-5.0%) PreTax Margin 13.42 BV/Share 4,567
5Y Average FCF ₹4B 15.0% (5.1%)
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%)
2026 ₹4B MBG Intrinsic Value ₹5,109
2027 ₹5B
2028 ₹6B
2029 ₹6B
2030 ₹6B
2031 ₹6B
Terminal Value ₹144B Net Worth/Share ₹4,567
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹122B Growth Rate
(+) Cash & Cash Equivalents ₹31B ₹17,378 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 16,524 17,682 19,128 20,984 23,455
Equity Value ₹154B 7.1% 15,064 15,944 17,014 18,342 20,035
Shares Outstanding 8,841,523 7.8% 13,876 14,561 15,376 16,361 17,578
8.4% 12,906 13,451 14,088 14,843 15,753
DCF Intrinsic Value ₹17,378 9.0% 12,110 12,553 13,064 13,660 14,364
Analyzed by QuantJuice (2025)