Intrinsic Valuation of: NAUKRI
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 3 Market Cap ₹963B
2021 - - (-) P/E Ratio 500 Total Asset ₹428B
2022 ₹7B - (-) Net Income ₹10B Total Debt ₹4M
2023 ₹5B -33.8% (-55.2%) EBITDA ₹21B Total Liab ₹60B
2024 ₹7B 48.2% (37.0%) Opr Margin 0.31 Debt/Equity 0.00
2025 ₹8B 17.9% (4.9%) PreTax Margin 29.74 BV/Share 533
5Y Average FCF ₹7B 10.7% (-4.4%)
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 (10.7%)
2026 ₹9B MBG Intrinsic Value ₹26
2027 ₹10B
2028 ₹11B
2029 ₹12B
2030 ₹13B
2031 ₹15B
Terminal Value ₹304B Net Worth/Share ₹569
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹251B Growth Rate
(+) Cash & Cash Equivalents ₹3B ₹391 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹4M WACC 7.3% 343 369 400 438 485
Equity Value ₹253B 7.4% 340 365 395 432 479
Shares Outstanding 647,169,024 7.4% 337 362 391 427 473
7.9% 310 330 354 383 418
DCF Intrinsic Value ₹391 8.4% 287 304 323 347 375
Analyzed by QuantJuice (2025)