Intrinsic Valuation of: JINDALSTEL
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 33 Market Cap ₹1,254B
2022 - - (-) P/E Ratio 37 Total Asset ₹978B
2023 ₹9B - (-) Net Income ₹34B Total Debt ₹196B
2024 ₹-25B -379.1% (-541.5%) EBITDA ₹91B Total Liab ₹459B
2025 ₹2B 108.6% (107.2%) Opr Margin 12.14 Debt/Equity 0.38
2026 ₹-24B -1192.8% (-1124.8%) PreTax Margin 9.30 BV/Share 474
5Y Average FCF ₹-9B -2.0% (-519.7%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 1.00% 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 (-2.0%)
2027 ₹5B MBG Intrinsic Value ₹296
2028 ₹5B
2029 ₹5B
2030 ₹5B
2031 ₹5B
2032 ₹5B
Terminal Value ₹91B Net Worth/Share ₹509
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹86B Growth Rate
(+) Cash & Cash Equivalents ₹19B ₹-89 1.0% 1.2% 1.5% 1.8% 2.0%
(-) Total Debt ₹196B WACC 6.5% -81 -78 -74 -70 -66
Equity Value ₹-91B 7.1% -91 -88 -85 -82 -79
Shares Outstanding 1,017,488,097 7.8% -98 -96 -94 -92 -89
8.4% -105 -103 -101 -99 -97
DCF Intrinsic Value ₹-89 9.0% -110 -109 -107 -106 -104
Analyzed by QuantJuice (2025)