| Intrinsic Valuation of: TATAMOTORS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 61 | Market Cap | ₹2,463B | |||||
| 2021 | - | - (-) | P/E Ratio | 11 | Total Asset | ₹3,786B | |||||
| 2022 | ₹-9B | - (-) | Net Income | ₹278B | Total Debt | ₹427B | |||||
| 2023 | ₹173B | 2052.6% (1667.4%) | EBITDA | ₹621B | Total Liab | ₹2,559B | |||||
| 2024 | ₹365B | 111.1% (67.8%) | Opr Margin | 0.01 | Debt/Equity | 0.35 | |||||
| 2025 | ₹251B | -31.3% (-32.2%) | PreTax Margin | -0.23 | BV/Share | 91 | |||||
| 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 | ₹545 | ||||||||
| 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 | ₹4,206 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹427B | WACC | 7.3% | 3,654 | 3,948 | 4,302 | 4,738 | 5,287 | |||
| Equity Value | ₹15,487B | 7.4% | 3,620 | 3,907 | 4,254 | 4,679 | 5,214 | ||||
| Shares Outstanding | 3,681,710,080 | 7.4% | 3,586 | 3,868 | 4,206 | 4,622 | 5,143 | ||||
| 7.9% | 3,275 | 3,507 | 3,783 | 4,114 | 4,520 | ||||||
| DCF Intrinsic Value | ₹4,206 | 8.4% | 3,009 | 3,204 | 3,431 | 3,700 | 4,023 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||