| Intrinsic Valuation of: TATAMOTORS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 65 | Market Cap | ₹2,533B | |||||
| 2021 | - | - (-) | P/E Ratio | 11 | Total Asset | ₹3,786B | |||||
| 2022 | ₹-9B | - (-) | Net Income | ₹278B | Total Debt | ₹402B | |||||
| 2023 | ₹173B | 2052.6% (1667.4%) | EBITDA | ₹621B | Total Liab | ₹2,559B | |||||
| 2024 | ₹365B | 111.1% (67.8%) | Opr Margin | 0.00 | Debt/Equity | 0.33 | |||||
| 2025 | ₹251B | -31.3% (-32.2%) | PreTax Margin | -0.99 | BV/Share | 90 | |||||
| 5Y Average FCF | ₹195B | 710.8% (567.7%) | |||||||||
| 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 | ₹313B | MBG Intrinsic Value | ₹577 | ||||||||
| 2027 | ₹392B | ||||||||||
| 2028 | ₹489B | ||||||||||
| 2029 | ₹612B | ||||||||||
| 2030 | ₹765B | ||||||||||
| 2031 | ₹956B | ||||||||||
| Terminal Value | ₹19,876B | Net Worth/Share | ₹333 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹15,570B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹343B | ₹4,213 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹402B | WACC | 7.3% | 3,661 | 3,955 | 4,309 | 4,745 | 5,294 | |||
| Equity Value | ₹15,512B | 7.4% | 3,627 | 3,914 | 4,261 | 4,686 | 5,221 | ||||
| Shares Outstanding | 3,681,459,968 | 7.4% | 3,593 | 3,874 | 4,213 | 4,629 | 5,150 | ||||
| 7.9% | 3,282 | 3,514 | 3,789 | 4,121 | 4,527 | ||||||
| DCF Intrinsic Value | ₹4,213 | 8.4% | 3,016 | 3,211 | 3,438 | 3,707 | 4,030 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||