| Intrinsic Valuation of: PHOENIXLTD | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 35 | Market Cap | ₹622B | |||||
| 2022 | - | - (-) | P/E Ratio | 50 | Total Asset | ₹229B | |||||
| 2023 | ₹-5B | - (-) | Net Income | ₹12B | Total Debt | ₹47B | |||||
| 2024 | ₹5B | 203.7% (169.2%) | EBITDA | ₹28B | Total Liab | ₹85B | |||||
| 2025 | ₹-5B | -209.5% (-212.0%) | Opr Margin | 51.48 | Debt/Equity | 0.33 | |||||
| 2026 | ₹10B | 292.8% (266.2%) | PreTax Margin | 42.73 | BV/Share | 291 | |||||
| 5Y Average FCF | ₹1B | 15.0% (74.5%) | |||||||||
| 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%) | ||||||||||
| 2027 | ₹11B | MBG Intrinsic Value | ₹312 | ||||||||
| 2028 | ₹12B | ||||||||||
| 2029 | ₹13B | ||||||||||
| 2030 | ₹14B | ||||||||||
| 2031 | ₹15B | ||||||||||
| 2032 | ₹16B | ||||||||||
| Terminal Value | ₹354B | Net Worth/Share | ₹400 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹300B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹712 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹47B | WACC | 6.5% | 660 | 730 | 818 | 930 | 1,080 | |||
| Equity Value | ₹255B | 7.1% | 572 | 625 | 690 | 770 | 873 | ||||
| Shares Outstanding | 357,640,475 | 7.8% | 500 | 541 | 591 | 650 | 724 | ||||
| 8.4% | 441 | 474 | 513 | 558 | 613 | ||||||
| DCF Intrinsic Value | ₹712 | 9.0% | 393 | 420 | 450 | 487 | 529 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||