Intrinsic Valuation of: MAZDOCK
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 63 Market Cap ₹1,001B
2022 - - (-) P/E Ratio 39 Total Asset ₹275B
2023 ₹14B - (-) Net Income ₹26B Total Debt ₹720M
2024 ₹7B -51.2% (-59.2%) EBITDA ₹34B Total Liab ₹175B
2025 ₹13B 92.6% (52.7%) Opr Margin 16.68 Debt/Equity 0.01
2026 ₹-31B -336.4% (-307.8%) PreTax Margin 16.13 BV/Share 241
5Y Average FCF ₹710M 3.5% (-104.8%)
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): 8.98% 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%)
2027 ₹12B MBG Intrinsic Value ₹565
2028 ₹12B
2029 ₹12B
2030 ₹13B
2031 ₹13B
2032 ₹13B
Terminal Value ₹210B Net Worth/Share ₹248
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹181B Growth Rate
(+) Cash & Cash Equivalents ₹27B ₹514 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹720M WACC 7.0% 619 662 714 780 864
Equity Value ₹207B 8.0% 533 562 596 637 687
Shares Outstanding 403,380,000 9.0% 470 491 514 542 575
10.0% 422 437 455 474 497
DCF Intrinsic Value ₹514 11.0% 384 396 409 423 439
Analyzed by QuantJuice (2025)