| Intrinsic Valuation of: LINDEINDIA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 69 | Market Cap | ₹627B | |||||
| 2021 | ₹5B | - (-) | P/E Ratio | 106 | Total Asset | ₹51B | |||||
| 2022 | ₹3B | -27.8 (-39.2) | Net Income | ₹5B | Total Debt | ₹0 | |||||
| 2023 | ₹3B | 0.0% (0.0%) | EBITDA | ₹8B | Total Liab | ₹13B | |||||
| 2024 | ₹-1B | -140.2% (-136.4%) | Opr Margin | 22.08 | Debt/Equity | - | |||||
| 2025 | ₹-7B | -468.9% (-533.8%) | PreTax Margin | 21.57 | BV/Share | 446 | |||||
| 5Y Average FCF | ₹453M | 3.5% (-223.4%) | |||||||||
| 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): | 7.00% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (3.5%) | ||||||||||
| 2026 | ₹4B | MBG Intrinsic Value | ₹618 | ||||||||
| 2027 | ₹4B | ||||||||||
| 2028 | ₹4B | ||||||||||
| 2029 | ₹4B | ||||||||||
| 2030 | ₹4B | ||||||||||
| 2031 | ₹4B | ||||||||||
| Terminal Value | ₹100B | Net Worth/Share | ₹448 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹86B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹1,024 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 963 | 1,045 | 1,149 | 1,282 | 1,459 | |||
| Equity Value | ₹87B | 7.1% | 858 | 921 | 997 | 1,093 | 1,214 | ||||
| Shares Outstanding | 85,284,223 | 7.8% | 773 | 822 | 880 | 951 | 1,038 | ||||
| 8.4% | 703 | 742 | 788 | 842 | 907 | ||||||
| DCF Intrinsic Value | ₹1,024 | 9.0% | 646 | 678 | 714 | 757 | 807 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||