| Intrinsic Valuation of: JSL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 30 | Market Cap | ₹582B | |||||
| 2021 | - | - (-) | P/E Ratio | 23 | Total Asset | ₹362B | |||||
| 2022 | ₹670M | - (-) | Net Income | ₹25B | Total Debt | ₹43B | |||||
| 2023 | ₹14B | 2049.8% (1856.7%) | EBITDA | ₹49B | Total Liab | ₹194B | |||||
| 2024 | ₹33B | 132.2% (114.2%) | Opr Margin | 0.09 | Debt/Equity | 0.26 | |||||
| 2025 | ₹28B | -15.3% (-16.9%) | PreTax Margin | 7.88 | BV/Share | 182 | |||||
| 5Y Average FCF | ₹19B | 722.2% (651.3%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (25.0%) | ||||||||||
| 2026 | ₹35B | MBG Intrinsic Value | ₹272 | ||||||||
| 2027 | ₹44B | ||||||||||
| 2028 | ₹55B | ||||||||||
| 2029 | ₹69B | ||||||||||
| 2030 | ₹86B | ||||||||||
| 2031 | ₹108B | ||||||||||
| Terminal Value | ₹2,247B | Net Worth/Share | ₹203 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,760B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹2,092 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹43B | WACC | 7.3% | 1,813 | 1,962 | 2,140 | 2,361 | 2,638 | |||
| Equity Value | ₹1,723B | 7.4% | 1,796 | 1,941 | 2,116 | 2,331 | 2,601 | ||||
| Shares Outstanding | 823,649,984 | 7.4% | 1,779 | 1,921 | 2,092 | 2,302 | 2,565 | ||||
| 7.9% | 1,621 | 1,739 | 1,878 | 2,045 | 2,250 | ||||||
| DCF Intrinsic Value | ₹2,092 | 8.4% | 1,487 | 1,585 | 1,700 | 1,836 | 2,000 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||