Intrinsic Valuation of: PETRONET
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 26 Market Cap ₹395B
2022 - - (-) P/E Ratio 10 Total Asset ₹274B
2023 ₹15B - (-) Net Income ₹39B Total Debt ₹0
2024 ₹40B 176.1% (213.3%) EBITDA ₹62B Total Liab ₹52B
2025 ₹29B -27.0% (-25.7%) Opr Margin 10.24 Debt/Equity -
2026 ₹22B -24.1% (-11.1%) PreTax Margin 9.70 BV/Share 148
5Y Average FCF ₹27B 11.0% (58.8%)
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 (11.0%)
2027 ₹26B MBG Intrinsic Value ₹233
2028 ₹29B
2029 ₹31B
2030 ₹33B
2031 ₹34B
2032 ₹35B
Terminal Value ₹790B Net Worth/Share ₹149
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹673B Growth Rate
(+) Cash & Cash Equivalents ₹19B ₹461 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 434 471 518 577 657
Equity Value ₹692B 7.1% 386 415 449 492 547
Shares Outstanding 1,500,000,088 7.8% 348 370 397 428 468
8.4% 317 334 355 379 409
DCF Intrinsic Value ₹461 9.0% 291 305 322 341 364
Analyzed by QuantJuice (2025)