| 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 | ₹780B | |||||
| 2021 | - | - (-) | P/E Ratio | 556 | 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% (74.4%) | Opr Margin | 2.69 | Debt/Equity | 0.08 | |||||
| 2025 | ₹3B | 407.2% (347.0%) | PreTax Margin | 1.35 | BV/Share | 4 | |||||
| 5Y Average FCF | ₹-1B | 15.0% (154.8%) | |||||||||
| 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 | ₹4B | MBG Intrinsic Value | ₹4 | ||||||||
| 2027 | ₹4B | ||||||||||
| 2028 | ₹5B | ||||||||||
| 2029 | ₹5B | ||||||||||
| 2030 | ₹5B | ||||||||||
| 2031 | ₹6B | ||||||||||
| Terminal Value | ₹127B | Net Worth/Share | ₹5 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹107B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹38 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹1B | WACC | 6.5% | 35 | 38 | 42 | 47 | 54 | |||
| Equity Value | ₹107B | 7.1% | 31 | 34 | 36 | 40 | 45 | ||||
| Shares Outstanding | 2,863,507,856 | 7.8% | 28 | 30 | 32 | 35 | 38 | ||||
| 8.4% | 25 | 27 | 29 | 31 | 33 | ||||||
| DCF Intrinsic Value | ₹38 | 9.0% | 23 | 24 | 26 | 27 | 29 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||