| Intrinsic Valuation of: JKCEMENT | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 132 | Market Cap | ₹422B | |||||
| 2021 | - | - (-) | P/E Ratio | 41 | Total Asset | ₹167B | |||||
| 2022 | ₹-7B | - (-) | Net Income | ₹9B | Total Debt | ₹46B | |||||
| 2023 | ₹-2B | 65.3% (71.4%) | EBITDA | ₹23B | Total Liab | ₹106B | |||||
| 2024 | ₹8B | 435.6% (384.7%) | Opr Margin | 12.54 | Debt/Equity | 0.76 | |||||
| 2025 | ₹2B | -72.1% (-72.8%) | PreTax Margin | 8.62 | BV/Share | 740 | |||||
| 5Y Average FCF | ₹241M | 15.0% (127.8%) | |||||||||
| 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): | 7.15% | 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 | ₹1,182 | ||||||||
| 2027 | ₹4B | ||||||||||
| 2028 | ₹4B | ||||||||||
| 2029 | ₹5B | ||||||||||
| 2030 | ₹5B | ||||||||||
| 2031 | ₹5B | ||||||||||
| Terminal Value | ₹110B | Net Worth/Share | ₹784 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹93B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹3B | ₹650 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹46B | WACC | 6.5% | 613 | 718 | 848 | 1,015 | 1,238 | |||
| Equity Value | ₹50B | 7.2% | 474 | 552 | 647 | 764 | 914 | ||||
| Shares Outstanding | 77,268,251 | 7.8% | 364 | 424 | 496 | 582 | 688 | ||||
| 8.5% | 274 | 321 | 376 | 441 | 519 | ||||||
| DCF Intrinsic Value | ₹650 | 9.2% | 200 | 238 | 282 | 333 | 393 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||