| Intrinsic Valuation of: NAM-INDIA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 24 | Market Cap | ₹703B | |||||
| 2022 | - | - (-) | P/E Ratio | 47 | Total Asset | ₹52B | |||||
| 2023 | ₹6B | - (-) | Net Income | ₹15B | Total Debt | ₹0 | |||||
| 2024 | ₹8B | 33.4% (9.6%) | EBITDA | ₹20B | Total Liab | ₹5B | |||||
| 2025 | ₹7B | -14.0% (-36.6%) | Opr Margin | 64.78 | Debt/Equity | - | |||||
| 2026 | ₹14B | 110.6% (73.5%) | PreTax Margin | 64.52 | BV/Share | 69 | |||||
| 5Y Average FCF | ₹8B | 15.0% (15.5%) | |||||||||
| 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 (15.0%) | ||||||||||
| 2027 | ₹14B | MBG Intrinsic Value | ₹211 | ||||||||
| 2028 | ₹16B | ||||||||||
| 2029 | ₹17B | ||||||||||
| 2030 | ₹19B | ||||||||||
| 2031 | ₹20B | ||||||||||
| 2032 | ₹20B | ||||||||||
| Terminal Value | ₹457B | Net Worth/Share | ₹73 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹387B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹166M | ₹607 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 570 | 621 | 684 | 766 | 874 | |||
| Equity Value | ₹388B | 7.1% | 506 | 544 | 591 | 650 | 724 | ||||
| Shares Outstanding | 638,289,477 | 7.8% | 454 | 484 | 519 | 563 | 616 | ||||
| 8.4% | 411 | 435 | 463 | 496 | 536 | ||||||
| DCF Intrinsic Value | ₹607 | 9.0% | 376 | 396 | 418 | 444 | 475 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||