| Intrinsic Valuation of: MANKIND | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 43 | Market Cap | ₹1,033B | |||||
| 2021 | - | - (-) | P/E Ratio | 58 | Total Asset | ₹278B | |||||
| 2022 | ₹-14B | - (-) | Net Income | ₹20B | Total Debt | ₹55B | |||||
| 2023 | ₹10B | 168.8% (161.2%) | EBITDA | ₹36B | Total Liab | ₹132B | |||||
| 2024 | ₹18B | 79.7% (53.2%) | Opr Margin | 20.61 | Debt/Equity | 0.38 | |||||
| 2025 | ₹19B | 6.8% (-10.3%) | PreTax Margin | 17.16 | BV/Share | -55 | |||||
| 5Y Average FCF | ₹8B | 15.0% (68.0%) | |||||||||
| 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): | 7.01% | 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 | ₹20B | MBG Intrinsic Value | ₹385 | ||||||||
| 2027 | ₹23B | ||||||||||
| 2028 | ₹25B | ||||||||||
| 2029 | ₹27B | ||||||||||
| 2030 | ₹29B | ||||||||||
| 2031 | ₹29B | ||||||||||
| Terminal Value | ₹663B | Net Worth/Share | ₹353 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹562B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹4B | ₹1,237 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹55B | WACC | 6.5% | 1,156 | 1,270 | 1,413 | 1,596 | 1,840 | |||
| Equity Value | ₹511B | 7.1% | 1,010 | 1,097 | 1,202 | 1,332 | 1,498 | ||||
| Shares Outstanding | 412,828,328 | 7.8% | 893 | 961 | 1,041 | 1,138 | 1,257 | ||||
| 8.4% | 799 | 853 | 916 | 991 | 1,080 | ||||||
| DCF Intrinsic Value | ₹1,237 | 9.0% | 720 | 763 | 814 | 872 | 941 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||