| Intrinsic Valuation of: MAHABANK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 8 | Market Cap | ₹400B | |||||
| 2021 | - | - (-) | P/E Ratio | 7 | Total Asset | ₹3,694B | |||||
| 2022 | ₹66B | - (-) | Net Income | ₹55B | Total Debt | ₹0 | |||||
| 2023 | ₹-18B | -126.8% (-121.4%) | EBITDA | - | Total Liab | ₹3,406B | |||||
| 2024 | ₹113B | 740.6% (646.9%) | Opr Margin | - | Debt/Equity | - | |||||
| 2025 | ₹71B | -37.1% (-45.2%) | PreTax Margin | - | BV/Share | 37 | |||||
| 5Y Average FCF | ₹58B | 192.2% (160.1%) | |||||||||
| 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 | ₹89B | MBG Intrinsic Value | ₹68 | ||||||||
| 2027 | ₹111B | ||||||||||
| 2028 | ₹139B | ||||||||||
| 2029 | ₹174B | ||||||||||
| 2030 | ₹217B | ||||||||||
| 2031 | ₹271B | ||||||||||
| Terminal Value | ₹5,638B | Net Worth/Share | ₹37 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹4,417B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹428B | ₹630 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 555 | 595 | 643 | 702 | 777 | |||
| Equity Value | ₹4,845B | 7.4% | 550 | 589 | 636 | 694 | 767 | ||||
| Shares Outstanding | 7,691,550,208 | 7.4% | 546 | 584 | 630 | 686 | 757 | ||||
| 7.9% | 503 | 535 | 572 | 617 | 672 | ||||||
| DCF Intrinsic Value | ₹630 | 8.4% | 467 | 494 | 525 | 561 | 605 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||