| Intrinsic Valuation of: MFSL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 10 | Market Cap | ₹571B | |||||
| 2021 | - | - (-) | P/E Ratio | 172 | Total Asset | ₹1,900B | |||||
| 2022 | ₹84B | - (-) | Net Income | ₹3B | Total Debt | ₹10B | |||||
| 2023 | ₹97B | 16.5% (16.0%) | EBITDA | - | Total Liab | ₹1,836B | |||||
| 2024 | ₹59B | -39.7% (-59.4%) | Opr Margin | - | Debt/Equity | 0.16 | |||||
| 2025 | ₹81B | 38.3% (38.6%) | PreTax Margin | - | BV/Share | 138 | |||||
| 5Y Average FCF | ₹80B | 5.0% (-1.6%) | |||||||||
| 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 (5.0%) | ||||||||||
| 2026 | ₹85B | MBG Intrinsic Value | ₹86 | ||||||||
| 2027 | ₹90B | ||||||||||
| 2028 | ₹94B | ||||||||||
| 2029 | ₹99B | ||||||||||
| 2030 | ₹104B | ||||||||||
| 2031 | ₹109B | ||||||||||
| Terminal Value | ₹2,272B | Net Worth/Share | ₹186 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,929B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹11B | ₹5,591 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹10B | WACC | 7.3% | 4,919 | 5,277 | 5,708 | 6,240 | 6,910 | |||
| Equity Value | ₹1,930B | 7.4% | 4,876 | 5,227 | 5,649 | 6,168 | 6,820 | ||||
| Shares Outstanding | 345,115,008 | 7.4% | 4,834 | 5,178 | 5,591 | 6,097 | 6,733 | ||||
| 7.9% | 4,450 | 4,734 | 5,069 | 5,473 | 5,968 | ||||||
| DCF Intrinsic Value | ₹5,591 | 8.4% | 4,122 | 4,359 | 4,636 | 4,964 | 5,358 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||