| Intrinsic Valuation of: NMDC | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 8 | Market Cap | ₹804B | |||||
| 2021 | - | - (-) | P/E Ratio | 12 | Total Asset | ₹410B | |||||
| 2022 | ₹57B | - (-) | Net Income | ₹65B | Total Debt | ₹0 | |||||
| 2023 | ₹6B | -89.7% (-84.9%) | EBITDA | ₹97B | Total Liab | ₹113B | |||||
| 2024 | ₹55B | 839.6% (679.0%) | Opr Margin | 32.35 | Debt/Equity | - | |||||
| 2025 | ₹-13B | -124.1% (-121.5%) | PreTax Margin | 31.60 | BV/Share | 34 | |||||
| 5Y Average FCF | ₹26B | 15.0% (157.5%) | |||||||||
| 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): | 7.23% | 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 | ₹46B | MBG Intrinsic Value | ₹70 | ||||||||
| 2027 | ₹51B | ||||||||||
| 2028 | ₹56B | ||||||||||
| 2029 | ₹61B | ||||||||||
| 2030 | ₹64B | ||||||||||
| 2031 | ₹65B | ||||||||||
| Terminal Value | ₹1,407B | Net Worth/Share | ₹34 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,192B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹848M | ₹136 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 134 | 146 | 161 | 180 | 205 | |||
| Equity Value | ₹1,193B | 7.2% | 117 | 126 | 137 | 150 | 167 | ||||
| Shares Outstanding | 8,791,817,550 | 7.9% | 105 | 111 | 119 | 129 | 141 | ||||
| 8.5% | 94 | 100 | 106 | 113 | 122 | ||||||
| DCF Intrinsic Value | ₹136 | 9.2% | 86 | 90 | 95 | 100 | 107 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||