Intrinsic Valuation of: MOTHERSON
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 3 Market Cap ₹1,368B
2021 - - (-) P/E Ratio 40 Total Asset ₹928B
2022 ₹-454M - (-) Net Income ₹38B Total Debt ₹80B
2023 ₹24B 5433.4% (4410.6%) EBITDA ₹113B Total Liab ₹557B
2024 ₹34B 42.2% (13.2%) Opr Margin 5.18 Debt/Equity 0.22
2025 ₹17B -49.9% (-56.5%) PreTax Margin 3.76 BV/Share 25
5Y Average FCF ₹19B 15.0% (1455.8%)
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): 8.96% 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 ₹23B MBG Intrinsic Value ₹29
2027 ₹25B
2028 ₹28B
2029 ₹30B
2030 ₹32B
2031 ₹32B
Terminal Value ₹512B Net Worth/Share ₹35
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹431B Growth Rate
(+) Cash & Cash Equivalents ₹56B ₹39 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹80B WACC 7.0% 48 52 57 63 71
Equity Value ₹407B 8.0% 40 43 46 50 55
Shares Outstanding 10,531,231,231 9.0% 35 36 39 41 44
10.0% 30 31 33 35 37
DCF Intrinsic Value ₹39 11.0% 27 28 29 30 32
Analyzed by QuantJuice (2025)