| Intrinsic Valuation of: JSL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 39 | Market Cap | ₹618B | |||||
| 2022 | - | - (-) | P/E Ratio | 19 | Total Asset | ₹407B | |||||
| 2023 | ₹14B | - (-) | Net Income | ₹32B | Total Debt | ₹49B | |||||
| 2024 | ₹33B | 132.2% (115.0%) | EBITDA | ₹59B | Total Liab | ₹208B | |||||
| 2025 | ₹28B | -15.3% (-17.2%) | Opr Margin | 10.48 | Debt/Equity | 0.25 | |||||
| 2026 | ₹7B | -74.0% (-76.2%) | PreTax Margin | 9.15 | BV/Share | 216 | |||||
| 5Y Average FCF | ₹21B | 9.6% (7.2%) | |||||||||
| 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): | 7.17% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (9.6%) | ||||||||||
| 2027 | ₹13B | MBG Intrinsic Value | ₹346 | ||||||||
| 2028 | ₹14B | ||||||||||
| 2029 | ₹14B | ||||||||||
| 2030 | ₹15B | ||||||||||
| 2031 | ₹16B | ||||||||||
| 2032 | ₹16B | ||||||||||
| Terminal Value | ₹354B | Net Worth/Share | ₹241 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹303B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹4B | ₹312 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹49B | WACC | 6.5% | 303 | 335 | 375 | 425 | 493 | |||
| Equity Value | ₹257B | 7.2% | 260 | 284 | 313 | 348 | 393 | ||||
| Shares Outstanding | 823,949,824 | 7.8% | 227 | 245 | 266 | 292 | 324 | ||||
| 8.5% | 199 | 214 | 230 | 250 | 273 | ||||||
| DCF Intrinsic Value | ₹312 | 9.2% | 177 | 188 | 202 | 217 | 235 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||