| Intrinsic Valuation of: JSWENERGY | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 11 | Market Cap | ₹920B | |||||
| 2021 | - | - (-) | P/E Ratio | 47 | Total Asset | ₹899B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹20B | Total Debt | ₹449B | |||||
| 2023 | ₹-22B | -427.1% (-357.5%) | EBITDA | ₹61B | Total Liab | ₹609B | |||||
| 2024 | ₹-18B | 16.4% (25.0%) | Opr Margin | 0.30 | Debt/Equity | 1.54 | |||||
| 2025 | ₹-29B | -59.5% (-56.0%) | PreTax Margin | 11.04 | BV/Share | 108 | |||||
| 5Y Average FCF | ₹-15B | -156.7% (-129.5%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹-16B | MBG Intrinsic Value | ₹100 | ||||||||
| 2027 | ₹-17B | ||||||||||
| 2028 | ₹-17B | ||||||||||
| 2029 | ₹-18B | ||||||||||
| 2030 | ₹-19B | ||||||||||
| 2031 | ₹-19B | ||||||||||
| Terminal Value | ₹-405B | Net Worth/Share | ₹167 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-346B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹32B | ₹-437 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹449B | WACC | 7.3% | -413 | -426 | -441 | -460 | -484 | |||
| Equity Value | ₹-763B | 7.4% | -412 | -424 | -439 | -458 | -481 | ||||
| Shares Outstanding | 1,745,250,048 | 7.4% | -410 | -423 | -437 | -455 | -477 | ||||
| 7.9% | -397 | -407 | -419 | -433 | -450 | ||||||
| DCF Intrinsic Value | ₹-437 | 8.4% | -385 | -394 | -403 | -415 | -429 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||