| Intrinsic Valuation of: TATAPOWER | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 12 | Market Cap | ₹1,299B | |||||
| 2021 | - | - (-) | P/E Ratio | 33 | Total Asset | ₹1,567B | |||||
| 2022 | ₹-6B | - (-) | Net Income | ₹40B | Total Debt | ₹441B | |||||
| 2023 | ₹-5B | 14.7% (34.1%) | EBITDA | ₹151B | Total Liab | ₹1,141B | |||||
| 2024 | ₹-7B | -50.2% (-32.3%) | Opr Margin | 0.15 | Debt/Equity | 1.04 | |||||
| 2025 | ₹-46B | -523.4% (-485.1%) | PreTax Margin | 7.80 | BV/Share | 103 | |||||
| 5Y Average FCF | ₹-16B | -186.3% (-161.1%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹-17B | MBG Intrinsic Value | ₹111 | ||||||||
| 2027 | ₹-17B | ||||||||||
| 2028 | ₹-18B | ||||||||||
| 2029 | ₹-19B | ||||||||||
| 2030 | ₹-19B | ||||||||||
| 2031 | ₹-20B | ||||||||||
| Terminal Value | ₹-421B | Net Worth/Share | ₹133 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-359B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹49B | ₹-235 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹441B | WACC | 7.3% | -222 | -229 | -238 | -248 | -262 | |||
| Equity Value | ₹-752B | 7.4% | -221 | -228 | -237 | -247 | -260 | ||||
| Shares Outstanding | 3,195,340,032 | 7.4% | -220 | -227 | -235 | -245 | -258 | ||||
| 7.9% | -213 | -218 | -225 | -233 | -243 | ||||||
| DCF Intrinsic Value | ₹-235 | 8.4% | -206 | -211 | -216 | -223 | -231 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||