| Intrinsic Valuation of: PETRONET | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 26 | Market Cap | ₹453B | |||||
| 2021 | - | - (-) | P/E Ratio | 11 | Total Asset | ₹273B | |||||
| 2022 | ₹34B | - (-) | Net Income | ₹40B | Total Debt | ₹0 | |||||
| 2023 | ₹15B | -57.1% (-68.6%) | EBITDA | ₹63B | Total Liab | ₹74B | |||||
| 2024 | ₹40B | 176.1% (208.5%) | Opr Margin | 0.10 | Debt/Equity | - | |||||
| 2025 | ₹29B | -27.0% (-24.5%) | PreTax Margin | 9.33 | BV/Share | 132 | |||||
| 5Y Average FCF | ₹30B | 30.6% (38.5%) | |||||||||
| 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 | ₹37B | MBG Intrinsic Value | ₹237 | ||||||||
| 2027 | ₹46B | ||||||||||
| 2028 | ₹57B | ||||||||||
| 2029 | ₹72B | ||||||||||
| 2030 | ₹90B | ||||||||||
| 2031 | ₹112B | ||||||||||
| Terminal Value | ₹2,333B | Net Worth/Share | ₹133 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,827B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹8B | ₹1,223 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 1,064 | 1,149 | 1,251 | 1,376 | 1,535 | |||
| Equity Value | ₹1,835B | 7.4% | 1,054 | 1,137 | 1,237 | 1,360 | 1,514 | ||||
| Shares Outstanding | 1,500,000,000 | 7.4% | 1,045 | 1,126 | 1,223 | 1,343 | 1,493 | ||||
| 7.9% | 955 | 1,022 | 1,101 | 1,197 | 1,314 | ||||||
| DCF Intrinsic Value | ₹1,223 | 8.4% | 879 | 935 | 1,000 | 1,077 | 1,171 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||