Intrinsic Valuation of: JIOFIN
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 2 Market Cap ₹1,539B
2022 - - (-) P/E Ratio 97 Total Asset ₹1,635B
2023 ₹21B - (-) Net Income ₹16B Total Debt ₹218B
2024 ₹-7B -133.0% (-100.6%) EBITDA ₹27B Total Liab ₹296B
2025 ₹-101B -1392.6% (-1299.3%) Opr Margin 82.21 Debt/Equity 0.16
2026 ₹-155B -53.5% (30.7%) PreTax Margin 55.29 BV/Share 202
5Y Average FCF ₹-61B 15.0% (-456.4%)
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 ₹24B MBG Intrinsic Value ₹21
2028 ₹27B
2029 ₹29B
2030 ₹31B
2031 ₹33B
2032 ₹34B
Terminal Value ₹767B Net Worth/Share ₹203
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹650B Growth Rate
(+) Cash & Cash Equivalents ₹7B ₹67 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹218B WACC 6.5% 60 69 79 92 110
Equity Value ₹440B 7.1% 50 56 64 73 85
Shares Outstanding 6,603,141,623 7.8% 42 47 52 59 68
8.4% 35 39 43 49 55
DCF Intrinsic Value ₹67 9.0% 29 32 36 40 45
Analyzed by QuantJuice (2025)