Intrinsic Valuation of: SHREECEM
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 484 Market Cap ₹901B
2022 - - (-) P/E Ratio 52 Total Asset ₹315B
2023 ₹-7B - (-) Net Income ₹17B Total Debt ₹7B
2024 ₹1B 119.7% (117.1%) EBITDA ₹53B Total Liab ₹82B
2025 ₹8B 454.3% (477.6%) Opr Margin 8.80 Debt/Equity 0.03
2026 ₹19B 131.1% (112.8%) PreTax Margin 7.79 BV/Share 6,416
5Y Average FCF ₹5B 15.0% (235.8%)
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): 9.00% 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 ₹18B MBG Intrinsic Value ₹4,343
2028 ₹21B
2029 ₹23B
2030 ₹25B
2031 ₹26B
2032 ₹26B
Terminal Value ₹415B Net Worth/Share ₹6,462
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹349B Growth Rate
(+) Cash & Cash Equivalents ₹1B ₹9,504 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹7B WACC 7.0% 11,805 12,746 13,895 15,331 17,174
Equity Value ₹343B 8.0% 9,922 10,556 11,305 12,204 13,301
Shares Outstanding 36,080,748 9.0% 8,541 8,991 9,511 10,116 10,832
10.0% 7,485 7,818 8,194 8,625 9,121
DCF Intrinsic Value ₹9,504 11.0% 6,652 6,905 7,188 7,506 7,865
Analyzed by QuantJuice (2025)