| Intrinsic Valuation of: NYKAA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 0 | Market Cap | ₹596B | |||||
| 2021 | - | - (-) | P/E Ratio | 900 | Total Asset | ₹40B | |||||
| 2022 | ₹-4B | - (-) | Net Income | ₹661M | Total Debt | ₹1B | |||||
| 2023 | ₹-3B | 22.2% (42.9%) | EBITDA | ₹5B | Total Liab | ₹26B | |||||
| 2024 | ₹-1B | 68.3% (74.5%) | Opr Margin | 0.03 | Debt/Equity | 0.08 | |||||
| 2025 | ₹3B | 407.2% (346.8%) | PreTax Margin | 1.26 | BV/Share | 4 | |||||
| 5Y Average FCF | ₹-1B | 165.9% (154.7%) | |||||||||
| 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 (25.0%) | ||||||||||
| 2026 | ₹4B | MBG Intrinsic Value | ₹2 | ||||||||
| 2027 | ₹5B | ||||||||||
| 2028 | ₹7B | ||||||||||
| 2029 | ₹8B | ||||||||||
| 2030 | ₹10B | ||||||||||
| 2031 | ₹13B | ||||||||||
| Terminal Value | ₹269B | Net Worth/Share | ₹5 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹211B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹74 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹1B | WACC | 7.3% | 64 | 69 | 75 | 83 | 93 | |||
| Equity Value | ₹211B | 7.4% | 64 | 69 | 75 | 82 | 91 | ||||
| Shares Outstanding | 2,859,269,888 | 7.4% | 63 | 68 | 74 | 81 | 90 | ||||
| 7.9% | 58 | 62 | 66 | 72 | 79 | ||||||
| DCF Intrinsic Value | ₹74 | 8.4% | 53 | 56 | 60 | 65 | 71 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||