| Intrinsic Valuation of: TATACOMM | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 58 | Market Cap | ₹492B | |||||
| 2021 | - | - (-) | P/E Ratio | 30 | Total Asset | ₹266B | |||||
| 2022 | ₹25B | - (-) | Net Income | ₹18B | Total Debt | ₹70B | |||||
| 2023 | ₹29B | 13.5% (6.4%) | EBITDA | ₹54B | Total Liab | ₹236B | |||||
| 2024 | ₹11B | -62.0% (-67.4%) | Opr Margin | 0.09 | Debt/Equity | 2.31 | |||||
| 2025 | ₹7B | -35.9% (-42.3%) | PreTax Margin | 5.40 | BV/Share | -61 | |||||
| 5Y Average FCF | ₹18B | -28.1% (-34.4%) | |||||||||
| 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 | ₹7B | MBG Intrinsic Value | ₹520 | ||||||||
| 2027 | ₹8B | ||||||||||
| 2028 | ₹8B | ||||||||||
| 2029 | ₹8B | ||||||||||
| 2030 | ₹9B | ||||||||||
| 2031 | ₹9B | ||||||||||
| Terminal Value | ₹186B | Net Worth/Share | ₹106 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹159B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹5B | ₹329 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹70B | WACC | 7.3% | 263 | 298 | 341 | 394 | 460 | |||
| Equity Value | ₹94B | 7.4% | 259 | 293 | 335 | 386 | 451 | ||||
| Shares Outstanding | 285,000,000 | 7.4% | 255 | 289 | 329 | 380 | 442 | ||||
| 7.9% | 217 | 245 | 278 | 318 | 367 | ||||||
| DCF Intrinsic Value | ₹329 | 8.4% | 184 | 207 | 235 | 267 | 306 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||