| Intrinsic Valuation of: MANKIND | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 49 | Market Cap | ₹959B | |||||
| 2021 | - | - (-) | P/E Ratio | 47 | Total Asset | ₹278B | |||||
| 2022 | ₹-14B | - (-) | Net Income | ₹20B | Total Debt | ₹55B | |||||
| 2023 | ₹10B | 168.8% (161.2%) | EBITDA | ₹36B | Total Liab | ₹132B | |||||
| 2024 | ₹18B | 80.4% (53.8%) | Opr Margin | 0.20 | Debt/Equity | 0.38 | |||||
| 2025 | ₹19B | 7.0% (-10.1%) | PreTax Margin | 16.12 | BV/Share | -55 | |||||
| 5Y Average FCF | ₹8B | 85.4% (68.3%) | |||||||||
| 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 | ₹24B | MBG Intrinsic Value | ₹440 | ||||||||
| 2027 | ₹30B | ||||||||||
| 2028 | ₹37B | ||||||||||
| 2029 | ₹46B | ||||||||||
| 2030 | ₹58B | ||||||||||
| 2031 | ₹72B | ||||||||||
| Terminal Value | ₹1,502B | Net Worth/Share | ₹353 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,176B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹4B | ₹2,726 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹55B | WACC | 7.3% | 2,354 | 2,552 | 2,790 | 3,084 | 3,455 | |||
| Equity Value | ₹1,125B | 7.4% | 2,331 | 2,524 | 2,758 | 3,045 | 3,405 | ||||
| Shares Outstanding | 412,728,992 | 7.4% | 2,308 | 2,498 | 2,726 | 3,006 | 3,357 | ||||
| 7.9% | 2,098 | 2,255 | 2,440 | 2,664 | 2,937 | ||||||
| DCF Intrinsic Value | ₹2,726 | 8.4% | 1,919 | 2,050 | 2,203 | 2,385 | 2,603 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||