Intrinsic Valuation of: JUBLFOOD
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 5 Market Cap ₹303B
2021 - - (-) P/E Ratio 95 Total Asset ₹85B
2022 ₹5B - (-) Net Income ₹2B Total Debt ₹13B
2023 ₹2B -61.0% (-66.7%) EBITDA ₹16B Total Liab ₹63B
2024 ₹2B -14.9% (-21.8%) Opr Margin 10.48 Debt/Equity 0.59
2025 ₹8B 405.5% (266.6%) PreTax Margin 3.70 BV/Share 2
5Y Average FCF ₹4B 15.0% (59.4%)
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): 7.08% 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 ₹8B MBG Intrinsic Value ₹43
2027 ₹9B
2028 ₹10B
2029 ₹10B
2030 ₹11B
2031 ₹11B
Terminal Value ₹248B Net Worth/Share ₹33
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹210B Growth Rate
(+) Cash & Cash Equivalents ₹998M ₹301 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹13B WACC 6.5% 287 314 348 391 449
Equity Value ₹198B 7.1% 251 272 297 328 367
Shares Outstanding 657,679,950 7.8% 223 239 257 280 308
8.4% 200 213 227 245 266
DCF Intrinsic Value ₹301 9.1% 181 191 203 216 232
Analyzed by QuantJuice (2025)