| Intrinsic Valuation of: RECLTD | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 62 | Market Cap | ₹911B | |||||
| 2022 | - | - (-) | P/E Ratio | 6 | Total Asset | ₹6,402B | |||||
| 2023 | ₹-374B | - (-) | Net Income | ₹163B | Total Debt | ₹0 | |||||
| 2024 | ₹-578B | -54.5% (-30.9%) | EBITDA | - | Total Liab | ₹5,551B | |||||
| 2025 | ₹-391B | 32.2% (46.7%) | Opr Margin | - | Debt/Equity | - | |||||
| 2026 | ₹59B | 115.1% (115.1%) | PreTax Margin | - | BV/Share | 323 | |||||
| 5Y Average FCF | ₹-321B | 15.0% (43.6%) | |||||||||
| 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 | ₹68B | MBG Intrinsic Value | ₹552 | ||||||||
| 2028 | ₹76B | ||||||||||
| 2029 | ₹84B | ||||||||||
| 2030 | ₹90B | ||||||||||
| 2031 | ₹95B | ||||||||||
| 2032 | ₹97B | ||||||||||
| Terminal Value | ₹2,202B | Net Worth/Share | ₹323 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,867B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹16B | ₹715 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 671 | 731 | 805 | 900 | 1,027 | |||
| Equity Value | ₹1,883B | 7.1% | 597 | 642 | 697 | 765 | 851 | ||||
| Shares Outstanding | 2,633,224,000 | 7.8% | 536 | 571 | 613 | 663 | 725 | ||||
| 8.4% | 486 | 514 | 547 | 585 | 632 | ||||||
| DCF Intrinsic Value | ₹715 | 9.0% | 445 | 468 | 494 | 525 | 561 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||