Intrinsic Valuation of: PFC
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 79 Market Cap ₹1,471B
2021 - - (-) P/E Ratio 6 Total Asset ₹11,781B
2022 ₹46B - (-) Net Income ₹230B Total Debt ₹0
2023 ₹-748B -1725.7% (-1886.4%) EBITDA - Total Liab ₹10,229B
2024 ₹-981B -31.1% (-7.5%) Opr Margin - Debt/Equity -
2025 ₹-931B 5.1% (23.6%) PreTax Margin - BV/Share 357
5Y Average FCF ₹-654B 3.5% (-623.4%)
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): 7.30% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (3.5%)
2026 ₹48B MBG Intrinsic Value ₹702
2027 ₹49B
2028 ₹51B
2029 ₹52B
2030 ₹54B
2031 ₹55B
Terminal Value ₹1,168B Net Worth/Share ₹470
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹1,007B Growth Rate
(+) Cash & Cash Equivalents ₹10B ₹308 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 309 335 369 412 469
Equity Value ₹1,017B 7.2% 271 291 314 344 381
Shares Outstanding 3,300,101,760 7.9% 242 256 274 296 322
8.6% 218 230 243 259 278
DCF Intrinsic Value ₹308 9.3% 198 208 218 231 245
Analyzed by QuantJuice (2025)