| Intrinsic Valuation of: SJVN | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 2 | Market Cap | ₹395B | |||||
| 2021 | - | - (-) | P/E Ratio | 48 | Total Asset | ₹461B | |||||
| 2022 | ₹-23B | - (-) | Net Income | ₹8B | Total Debt | ₹262B | |||||
| 2023 | ₹-52B | -128.7% (-95.1%) | EBITDA | ₹25B | Total Liab | ₹319B | |||||
| 2024 | ₹-43B | 17.1% (9.4%) | Opr Margin | 0.50 | Debt/Equity | 1.85 | |||||
| 2025 | ₹-42B | 3.6% (19.0%) | PreTax Margin | 26.09 | BV/Share | 35 | |||||
| 5Y Average FCF | ₹-40B | -36.0% (-22.2%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹-42B | MBG Intrinsic Value | ₹19 | ||||||||
| 2027 | ₹-43B | ||||||||||
| 2028 | ₹-45B | ||||||||||
| 2029 | ₹-47B | ||||||||||
| 2030 | ₹-49B | ||||||||||
| 2031 | ₹-51B | ||||||||||
| Terminal Value | ₹-1,056B | Net Worth/Share | ₹36 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-902B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹4B | ₹-295 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹262B | WACC | 7.3% | -268 | -283 | -300 | -322 | -349 | |||
| Equity Value | ₹-1,161B | 7.4% | -266 | -280 | -298 | -319 | -346 | ||||
| Shares Outstanding | 3,929,799,936 | 7.4% | -264 | -278 | -295 | -316 | -342 | ||||
| 7.9% | -249 | -260 | -274 | -291 | -311 | ||||||
| DCF Intrinsic Value | ₹-295 | 8.4% | -235 | -245 | -256 | -270 | -286 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||