Intrinsic Valuation of: MUTHOOTFIN
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 264 Market Cap ₹1,329B
2021 - - (-) P/E Ratio 13 Total Asset ₹1,329B
2022 ₹-17B - (-) Net Income ₹53B Total Debt ₹0
2023 ₹-29B -73.9% (-79.6%) EBITDA - Total Liab ₹1,029B
2024 ₹-138B -369.5% (-274.9%) Opr Margin - Debt/Equity -
2025 ₹-267B -93.4% (-45.3%) PreTax Margin - BV/Share 731
5Y Average FCF ₹-113B -2.0% (-133.3%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 1.00% 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 (-2.0%)
2026 ₹0 MBG Intrinsic Value ₹2,366
2027 ₹0
2028 ₹0
2029 ₹0
2030 ₹0
2031 ₹0
Terminal Value ₹0 Net Worth/Share ₹747
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹0 Growth Rate
(+) Cash & Cash Equivalents ₹85B ₹211 1.0% 1.2% 1.5% 1.8% 2.0%
(-) Total Debt ₹0 WACC 7.0% 211 211 211 211 211
Equity Value ₹85B 8.0% 211 211 211 211 211
Shares Outstanding 401,468,476 9.0% 211 211 211 211 211
10.0% 211 211 211 211 211
DCF Intrinsic Value ₹211 11.0% 211 211 211 211 211
Analyzed by QuantJuice (2025)