Intrinsic Valuation of: TATACONSUM
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 16 Market Cap ₹1,221B
2021 - - (-) P/E Ratio 79 Total Asset ₹320B
2022 ₹12B - (-) Net Income ₹13B Total Debt ₹2B
2023 ₹11B -7.5% (-16.4%) EBITDA ₹27B Total Liab ₹106B
2024 ₹16B 39.4% (26.1%) Opr Margin 10.74 Debt/Equity 0.01
2025 ₹16B -0.3% (-14.0%) PreTax Margin 9.08 BV/Share 13
5Y Average FCF ₹14B 11.6% (-1.4%)
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 (11.6%)
2026 ₹17B MBG Intrinsic Value ₹139
2027 ₹19B
2028 ₹20B
2029 ₹22B
2030 ₹23B
2031 ₹23B
Terminal Value ₹523B Net Worth/Share ₹216
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹445B Growth Rate
(+) Cash & Cash Equivalents ₹27B ₹476 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹2B WACC 6.5% 448 486 533 593 673
Equity Value ₹471B 7.1% 400 429 463 506 561
Shares Outstanding 989,561,780 7.8% 363 385 411 443 483
8.4% 331 349 369 394 423
DCF Intrinsic Value ₹476 9.0% 305 320 336 356 378
Analyzed by QuantJuice (2025)