| Intrinsic Valuation of: POLYCAB | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 177 | Market Cap | ₹1,378B | |||||
| 2022 | - | - (-) | P/E Ratio | 52 | Total Asset | ₹205B | |||||
| 2023 | ₹9B | - (-) | Net Income | ₹27B | Total Debt | ₹393M | |||||
| 2024 | ₹4B | -53.8% (-63.8%) | EBITDA | ₹42B | Total Liab | ₹83B | |||||
| 2025 | ₹8B | 91.6% (54.5%) | Opr Margin | 13.14 | Debt/Equity | 0.00 | |||||
| 2026 | ₹23B | 177.8% (116.5%) | PreTax Margin | 12.45 | BV/Share | 797 | |||||
| 5Y Average FCF | ₹11B | 15.0% (35.7%) | |||||||||
| 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 | ₹23B | MBG Intrinsic Value | ₹1,582 | ||||||||
| 2028 | ₹26B | ||||||||||
| 2029 | ₹28B | ||||||||||
| 2030 | ₹30B | ||||||||||
| 2031 | ₹32B | ||||||||||
| 2032 | ₹32B | ||||||||||
| Terminal Value | ₹736B | Net Worth/Share | ₹805 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹624B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹4B | ₹4,168 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹393M | WACC | 6.5% | 3,913 | 4,260 | 4,693 | 5,249 | 5,989 | |||
| Equity Value | ₹628B | 7.1% | 3,469 | 3,732 | 4,051 | 4,447 | 4,951 | ||||
| Shares Outstanding | 150,550,508 | 7.8% | 3,120 | 3,325 | 3,569 | 3,864 | 4,229 | ||||
| 8.4% | 2,829 | 2,992 | 3,183 | 3,409 | 3,682 | ||||||
| DCF Intrinsic Value | ₹4,168 | 9.0% | 2,591 | 2,723 | 2,876 | 3,055 | 3,266 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||