| Intrinsic Valuation of: TATAELXSI | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 124 | Market Cap | ₹393B | |||||
| 2021 | - | - (-) | P/E Ratio | 50 | Total Asset | ₹36B | |||||
| 2022 | ₹4B | - (-) | Net Income | ₹8B | Total Debt | ₹0 | |||||
| 2023 | ₹4B | 2.6% (-19.3%) | EBITDA | ₹12B | Total Liab | ₹7B | |||||
| 2024 | ₹6B | 46.2% (29.5%) | Opr Margin | 0.23 | Debt/Equity | - | |||||
| 2025 | ₹8B | 28.7% (22.6%) | PreTax Margin | 22.77 | BV/Share | 458 | |||||
| 5Y Average FCF | ₹6B | 25.9% (10.9%) | |||||||||
| 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 (25.0%) | ||||||||||
| 2026 | ₹10B | MBG Intrinsic Value | ₹1,111 | ||||||||
| 2027 | ₹12B | ||||||||||
| 2028 | ₹16B | ||||||||||
| 2029 | ₹19B | ||||||||||
| 2030 | ₹24B | ||||||||||
| 2031 | ₹30B | ||||||||||
| Terminal Value | ₹631B | Net Worth/Share | ₹459 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹494B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹7,959 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 6,923 | 7,473 | 8,138 | 8,956 | 9,987 | |||
| Equity Value | ₹496B | 7.4% | 6,858 | 7,397 | 8,047 | 8,846 | 9,850 | ||||
| Shares Outstanding | 62,284,700 | 7.4% | 6,794 | 7,322 | 7,959 | 8,738 | 9,716 | ||||
| 7.9% | 6,210 | 6,646 | 7,163 | 7,784 | 8,546 | ||||||
| DCF Intrinsic Value | ₹7,959 | 8.4% | 5,712 | 6,076 | 6,503 | 7,008 | 7,615 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||