| Intrinsic Valuation of: PAGEIND | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 670 | Market Cap | ₹411B | |||||
| 2021 | - | - (-) | P/E Ratio | 55 | Total Asset | ₹26B | |||||
| 2022 | ₹2B | - (-) | Net Income | ₹7B | Total Debt | ₹0 | |||||
| 2023 | ₹-2B | -173.1% (-158.2%) | EBITDA | ₹11B | Total Liab | ₹12B | |||||
| 2024 | ₹10B | 688.5% (705.5%) | Opr Margin | 19.76 | Debt/Equity | - | |||||
| 2025 | ₹11B | 14.2% (5.7%) | PreTax Margin | 18.81 | BV/Share | 1,258 | |||||
| 5Y Average FCF | ₹5B | 15.0% (184.3%) | |||||||||
| 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 | ₹12B | MBG Intrinsic Value | ₹5,990 | ||||||||
| 2027 | ₹13B | ||||||||||
| 2028 | ₹15B | ||||||||||
| 2029 | ₹16B | ||||||||||
| 2030 | ₹16B | ||||||||||
| 2031 | ₹17B | ||||||||||
| Terminal Value | ₹381B | Net Worth/Share | ₹1,262 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹323B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹29,159 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 27,375 | 29,796 | 32,820 | 36,704 | 41,873 | |||
| Equity Value | ₹325B | 7.1% | 24,319 | 26,160 | 28,398 | 31,177 | 34,719 | ||||
| Shares Outstanding | 11,153,874 | 7.8% | 21,834 | 23,267 | 24,972 | 27,033 | 29,578 | ||||
| 8.4% | 19,804 | 20,944 | 22,278 | 23,858 | 25,761 | ||||||
| DCF Intrinsic Value | ₹29,159 | 9.0% | 18,140 | 19,067 | 20,136 | 21,382 | 22,855 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||