| Intrinsic Valuation of: NATIONALUM | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 33 | Market Cap | ₹741B | |||||
| 2021 | - | - (-) | P/E Ratio | 12 | Total Asset | ₹229B | |||||
| 2022 | ₹28B | - (-) | Net Income | ₹53B | Total Debt | ₹1B | |||||
| 2023 | ₹-6B | -122.6% (-122.5%) | EBITDA | ₹78B | Total Liab | ₹51B | |||||
| 2024 | ₹11B | 271.2% (285.6%) | Opr Margin | 41.29 | Debt/Equity | 0.01 | |||||
| 2025 | ₹46B | 329.9% (237.2%) | PreTax Margin | 41.04 | BV/Share | 97 | |||||
| 5Y Average FCF | ₹20B | 15.0% (133.4%) | |||||||||
| 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%) | ||||||||||
| 2026 | ₹47B | MBG Intrinsic Value | ₹299 | ||||||||
| 2027 | ₹53B | ||||||||||
| 2028 | ₹58B | ||||||||||
| 2029 | ₹62B | ||||||||||
| 2030 | ₹65B | ||||||||||
| 2031 | ₹67B | ||||||||||
| Terminal Value | ₹1,516B | Net Worth/Share | ₹97 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,286B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹700 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹1B | WACC | 6.5% | 657 | 716 | 789 | 883 | 1,008 | |||
| Equity Value | ₹1,286B | 7.1% | 582 | 627 | 681 | 748 | 833 | ||||
| Shares Outstanding | 1,836,631,787 | 7.8% | 523 | 558 | 599 | 649 | 711 | ||||
| 8.4% | 474 | 502 | 534 | 572 | 618 | ||||||
| DCF Intrinsic Value | ₹700 | 9.0% | 434 | 456 | 482 | 512 | 548 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||