| Intrinsic Valuation of: MPHASIS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 93 | Market Cap | ₹398B | |||||
| 2021 | - | - (-) | P/E Ratio | 22 | Total Asset | ₹149B | |||||
| 2022 | ₹16B | - (-) | Net Income | ₹17B | Total Debt | ₹0 | |||||
| 2023 | ₹13B | -15.5% (-26.7%) | EBITDA | ₹29B | Total Liab | ₹53B | |||||
| 2024 | ₹21B | 54.7% (60.7%) | Opr Margin | 15.25 | Debt/Equity | - | |||||
| 2025 | ₹18B | -11.6% (-17.5%) | PreTax Margin | 14.09 | BV/Share | 245 | |||||
| 5Y Average FCF | ₹17B | 7.4% (5.5%) | |||||||||
| 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): | 7.00% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (7.4%) | ||||||||||
| 2026 | ₹19B | MBG Intrinsic Value | ₹831 | ||||||||
| 2027 | ₹21B | ||||||||||
| 2028 | ₹22B | ||||||||||
| 2029 | ₹23B | ||||||||||
| 2030 | ₹24B | ||||||||||
| 2031 | ₹24B | ||||||||||
| Terminal Value | ₹547B | Net Worth/Share | ₹505 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹468B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹10B | ₹2,507 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 2,357 | 2,561 | 2,814 | 3,140 | 3,574 | |||
| Equity Value | ₹478B | 7.1% | 2,101 | 2,255 | 2,443 | 2,676 | 2,973 | ||||
| Shares Outstanding | 190,817,050 | 7.8% | 1,892 | 2,012 | 2,155 | 2,328 | 2,542 | ||||
| 8.4% | 1,721 | 1,817 | 1,929 | 2,061 | 2,221 | ||||||
| DCF Intrinsic Value | ₹2,507 | 9.0% | 1,581 | 1,659 | 1,749 | 1,853 | 1,977 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||