Intrinsic Valuation of: NESTLEIND
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 18 Market Cap ₹2,758B
2021 ₹15B - (-) P/E Ratio 79 Total Asset ₹122B
2022 ₹22B 45.7 (27.3) Net Income ₹32B Total Debt ₹225M
2023 ₹15B -31.4% (-21.4%) EBITDA ₹50B Total Liab ₹82B
2024 ₹22B 45.7% (27.3%) Opr Margin 21.07 Debt/Equity 0.01
2025 ₹9B -57.7% (-64.6%) PreTax Margin 20.39 BV/Share 21
5Y Average FCF ₹17B 5.6% (-19.6%)
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 (5.6%)
2026 ₹12B MBG Intrinsic Value ₹162
2027 ₹13B
2028 ₹13B
2029 ₹14B
2030 ₹14B
2031 ₹15B
Terminal Value ₹330B Net Worth/Share ₹21
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹283B Growth Rate
(+) Cash & Cash Equivalents ₹498M ₹147 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹225M WACC 6.5% 138 150 165 185 211
Equity Value ₹284B 7.1% 123 132 143 157 174
Shares Outstanding 1,928,314,320 7.8% 110 118 126 136 149
8.4% 100 106 113 120 130
DCF Intrinsic Value ₹147 9.0% 92 96 102 108 115
Analyzed by QuantJuice (2025)