| Intrinsic Valuation of: TATAELXSI | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 101 | Market Cap | ₹257B | |||||
| 2022 | - | - (-) | P/E Ratio | 41 | Total Asset | ₹40B | |||||
| 2023 | ₹4B | - (-) | Net Income | ₹6B | Total Debt | ₹0 | |||||
| 2024 | ₹6B | 46.2% (29.5%) | EBITDA | ₹9B | Total Liab | ₹9B | |||||
| 2025 | ₹8B | 28.7% (22.6%) | Opr Margin | 20.04 | Debt/Equity | - | |||||
| 2026 | ₹7B | -17.9% (-18.5%) | PreTax Margin | 19.61 | BV/Share | 487 | |||||
| 5Y Average FCF | ₹6B | 11.3% (11.2%) | |||||||||
| 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 (11.3%) | ||||||||||
| 2027 | ₹7B | MBG Intrinsic Value | ₹904 | ||||||||
| 2028 | ₹8B | ||||||||||
| 2029 | ₹8B | ||||||||||
| 2030 | ₹9B | ||||||||||
| 2031 | ₹9B | ||||||||||
| 2032 | ₹10B | ||||||||||
| Terminal Value | ₹218B | Net Worth/Share | ₹488 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹185B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹3,007 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 2,824 | 3,072 | 3,381 | 3,779 | 4,307 | |||
| Equity Value | ₹187B | 7.1% | 2,511 | 2,700 | 2,929 | 3,213 | 3,575 | ||||
| Shares Outstanding | 62,297,064 | 7.8% | 2,257 | 2,404 | 2,578 | 2,789 | 3,049 | ||||
| 8.4% | 2,049 | 2,166 | 2,302 | 2,464 | 2,659 | ||||||
| DCF Intrinsic Value | ₹3,007 | 9.0% | 1,879 | 1,974 | 2,083 | 2,211 | 2,361 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||