Intrinsic Valuation of: IDFCFIRSTB
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 2 Market Cap ₹582B
2022 - - (-) P/E Ratio 36 Total Asset ₹3,998B
2023 ₹24B - (-) Net Income ₹16B Total Debt ₹0
2024 ₹102B 328.2% (227.5%) EBITDA - Total Liab ₹3,524B
2025 ₹135B 33.2% (14.0%) Opr Margin - Debt/Equity -
2026 ₹60B -55.4% (-59.7%) PreTax Margin - BV/Share 55
5Y Average FCF ₹80B 15.0% (60.6%)
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): 8.98% 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 ₹76B MBG Intrinsic Value ₹17
2028 ₹86B
2029 ₹94B
2030 ₹102B
2031 ₹107B
2032 ₹109B
Terminal Value ₹1,722B Net Worth/Share ₹55
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹1,450B Growth Rate
(+) Cash & Cash Equivalents ₹128B ₹183 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 7.0% 223 240 260 285 317
Equity Value ₹1,577B 8.0% 190 201 215 230 249
Shares Outstanding 8,608,314,932 9.0% 166 174 183 194 206
10.0% 148 154 160 168 176
DCF Intrinsic Value ₹183 11.0% 133 138 143 148 155
Analyzed by QuantJuice (2025)