| Intrinsic Valuation of: NHPC | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 3 | Market Cap | ₹862B | |||||
| 2021 | - | - (-) | P/E Ratio | 31 | Total Asset | ₹1,027B | |||||
| 2022 | ₹9B | - (-) | Net Income | ₹30B | Total Debt | ₹357B | |||||
| 2023 | ₹-3B | -130.5% (-126.4%) | EBITDA | ₹69B | Total Liab | ₹575B | |||||
| 2024 | ₹3B | 204.4% (213.6%) | Opr Margin | 0.42 | Debt/Equity | 0.79 | |||||
| 2025 | ₹-38B | -1452.5% (-1354.9%) | PreTax Margin | 30.23 | BV/Share | 39 | |||||
| 5Y Average FCF | ₹-7B | -459.5% (-422.6%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹-8B | MBG Intrinsic Value | ₹24 | ||||||||
| 2027 | ₹-8B | ||||||||||
| 2028 | ₹-8B | ||||||||||
| 2029 | ₹-9B | ||||||||||
| 2030 | ₹-9B | ||||||||||
| 2031 | ₹-9B | ||||||||||
| Terminal Value | ₹-192B | Net Worth/Share | ₹45 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-164B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹8B | ₹-51 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹357B | WACC | 7.3% | -49 | -50 | -51 | -53 | -55 | |||
| Equity Value | ₹-513B | 7.4% | -49 | -50 | -51 | -53 | -55 | ||||
| Shares Outstanding | 10,044,999,680 | 7.4% | -49 | -50 | -51 | -53 | -54 | ||||
| 7.9% | -48 | -49 | -50 | -51 | -52 | ||||||
| DCF Intrinsic Value | ₹-51 | 8.4% | -47 | -47 | -48 | -49 | -50 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||