| Intrinsic Valuation of: MUTHOOTFIN | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 154 | Market Cap | ₹1,059B | |||||
| 2021 | - | - (-) | P/E Ratio | 17 | 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 | -178.9% (-133.3%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹-118B | MBG Intrinsic Value | ₹1,379 | ||||||||
| 2027 | ₹-122B | ||||||||||
| 2028 | ₹-127B | ||||||||||
| 2029 | ₹-132B | ||||||||||
| 2030 | ₹-138B | ||||||||||
| 2031 | ₹-143B | ||||||||||
| Terminal Value | ₹-2,973B | Net Worth/Share | ₹747 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-2,540B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹85B | ₹-6,116 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | -5,360 | -5,763 | -6,248 | -6,846 | -7,600 | |||
| Equity Value | ₹-2,456B | 7.4% | -5,312 | -5,707 | -6,182 | -6,765 | -7,499 | ||||
| Shares Outstanding | 401,468,000 | 7.4% | -5,265 | -5,651 | -6,116 | -6,686 | -7,401 | ||||
| 7.9% | -4,832 | -5,151 | -5,529 | -5,983 | -6,540 | ||||||
| DCF Intrinsic Value | ₹-6,116 | 8.4% | -4,462 | -4,729 | -5,041 | -5,410 | -5,854 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||