Intrinsic Valuation of: TATAINVEST
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 9 Market Cap ₹342B
2022 - - (-) P/E Ratio 79 Total Asset ₹327B
2023 ₹2B - (-) Net Income ₹4B Total Debt ₹0
2024 ₹2B 2.3% (-29.0%) EBITDA - Total Liab ₹34B
2025 ₹2B -12.4% (-5.8%) Opr Margin - Debt/Equity -
2026 ₹3B 35.8% (6.8%) PreTax Margin - BV/Share 577
5Y Average FCF ₹2B 15.0% (-9.3%)
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 (15.0%)
2027 ₹3B MBG Intrinsic Value ₹77
2028 ₹3B
2029 ₹4B
2030 ₹4B
2031 ₹4B
2032 ₹4B
Terminal Value ₹99B Net Worth/Share ₹578
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹84B Growth Rate
(+) Cash & Cash Equivalents ₹19M ₹167 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 156 170 188 210 240
Equity Value ₹84B 7.1% 139 149 162 178 199
Shares Outstanding 505,952,960 7.8% 124 133 143 154 169
8.4% 113 119 127 136 147
DCF Intrinsic Value ₹167 9.0% 103 109 115 122 130
Analyzed by QuantJuice (2025)