Intrinsic Valuation of: SONACOMS
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 10 Market Cap ₹357B
2021 - - (-) P/E Ratio 58 Total Asset ₹65B
2022 ₹974M - (-) Net Income ₹6B Total Debt ₹80M
2023 ₹2B 103.4% (67.1%) EBITDA ₹11B Total Liab ₹9B
2024 ₹4B 88.4% (57.0%) Opr Margin 20.88 Debt/Equity 0.00
2025 ₹4B -4.1% (-13.4%) PreTax Margin 20.14 BV/Share 71
5Y Average FCF ₹3B 15.0% (36.9%)
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): 8.98% 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%)
2026 ₹4B MBG Intrinsic Value ₹88
2027 ₹4B
2028 ₹5B
2029 ₹5B
2030 ₹5B
2031 ₹5B
Terminal Value ₹85B Net Worth/Share ₹91
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹72B Growth Rate
(+) Cash & Cash Equivalents ₹10B ₹132 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹80M WACC 7.0% 159 170 184 201 223
Equity Value ₹82B 8.0% 137 144 153 164 177
Shares Outstanding 622,028,337 9.0% 120 126 132 139 148
10.0% 108 112 116 121 127
DCF Intrinsic Value ₹132 11.0% 98 101 104 108 112
Analyzed by QuantJuice (2025)