| Intrinsic Valuation of: POLYCAB | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 134 | Market Cap | ₹1,002B | |||||
| 2021 | - | - (-) | P/E Ratio | 50 | Total Asset | ₹138B | |||||
| 2022 | ₹-151M | - (-) | Net Income | ₹20B | Total Debt | ₹419M | |||||
| 2023 | ₹9B | 6386.1% (5512.7%) | EBITDA | ₹32B | Total Liab | ₹39B | |||||
| 2024 | ₹4B | -53.8% (-64.3%) | Opr Margin | 0.12 | Debt/Equity | 0.00 | |||||
| 2025 | ₹8B | 91.6% (54.3%) | PreTax Margin | 11.13 | BV/Share | 652 | |||||
| 5Y Average FCF | ₹6B | 2141.3% (1834.2%) | |||||||||
| 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 | ₹10B | MBG Intrinsic Value | ₹1,198 | ||||||||
| 2027 | ₹13B | ||||||||||
| 2028 | ₹16B | ||||||||||
| 2029 | ₹20B | ||||||||||
| 2030 | ₹26B | ||||||||||
| 2031 | ₹32B | ||||||||||
| Terminal Value | ₹665B | Net Worth/Share | ₹659 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹521B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹3,476 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹419M | WACC | 7.3% | 3,024 | 3,264 | 3,554 | 3,911 | 4,362 | |||
| Equity Value | ₹523B | 7.4% | 2,996 | 3,231 | 3,515 | 3,863 | 4,302 | ||||
| Shares Outstanding | 150,427,008 | 7.4% | 2,968 | 3,199 | 3,476 | 3,817 | 4,243 | ||||
| 7.9% | 2,713 | 2,903 | 3,129 | 3,400 | 3,733 | ||||||
| DCF Intrinsic Value | ₹3,476 | 8.4% | 2,495 | 2,655 | 2,841 | 3,061 | 3,326 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||