| Intrinsic Valuation of: MAHABANK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 9 | Market Cap | ₹600B | |||||
| 2022 | - | - (-) | P/E Ratio | 9 | Total Asset | ₹4,275B | |||||
| 2023 | ₹-18B | - (-) | Net Income | ₹70B | Total Debt | ₹0 | |||||
| 2024 | ₹113B | 740.6% (646.9%) | EBITDA | - | Total Liab | ₹3,942B | |||||
| 2025 | ₹71B | -37.1% (-50.1%) | Opr Margin | - | Debt/Equity | - | |||||
| 2026 | ₹-118B | -265.4% (-245.4%) | PreTax Margin | - | BV/Share | 43 | |||||
| 5Y Average FCF | ₹12B | 15.0% (117.1%) | |||||||||
| 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): | 8.08% | 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%) | ||||||||||
| 2027 | ₹106B | MBG Intrinsic Value | ₹82 | ||||||||
| 2028 | ₹119B | ||||||||||
| 2029 | ₹131B | ||||||||||
| 2030 | ₹141B | ||||||||||
| 2031 | ₹148B | ||||||||||
| 2032 | ₹151B | ||||||||||
| Terminal Value | ₹2,773B | Net Worth/Share | ₹43 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹2,342B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹277B | ₹341 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 391 | 423 | 463 | 513 | 581 | |||
| Equity Value | ₹2,620B | 7.4% | 337 | 358 | 384 | 416 | 456 | ||||
| Shares Outstanding | 7,691,554,950 | 8.3% | 296 | 311 | 329 | 351 | 377 | ||||
| 9.2% | 265 | 276 | 289 | 305 | 323 | ||||||
| DCF Intrinsic Value | ₹341 | 10.1% | 240 | 249 | 259 | 270 | 283 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||