Intrinsic Valuation of: NAUKRI
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 21 Market Cap ₹601B
2021 - - (-) P/E Ratio 45 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 30.99 Debt/Equity 0.00
2025 ₹8B 17.9% (4.9%) PreTax Margin 30.14 BV/Share 533
5Y Average FCF ₹7B 15.0% (-4.4%)
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 ₹9B MBG Intrinsic Value ₹186
2027 ₹10B
2028 ₹11B
2029 ₹11B
2030 ₹12B
2031 ₹12B
Terminal Value ₹280B Net Worth/Share ₹568
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹237B Growth Rate
(+) Cash & Cash Equivalents ₹3B ₹371 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹4M WACC 6.5% 348 379 417 466 531
Equity Value ₹240B 7.1% 309 332 360 395 440
Shares Outstanding 647,737,438 7.8% 278 296 317 344 376
8.4% 252 267 283 303 327
DCF Intrinsic Value ₹371 9.0% 231 243 256 272 291
Analyzed by QuantJuice (2025)