| Intrinsic Valuation of: TATATECH | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 17 | Market Cap | ₹288B | |||||
| 2021 | - | - (-) | P/E Ratio | 43 | Total Asset | ₹67B | |||||
| 2022 | ₹-1B | - (-) | Net Income | ₹7B | Total Debt | ₹0 | |||||
| 2023 | ₹3B | 429.0% (363.0%) | EBITDA | ₹11B | Total Liab | ₹31B | |||||
| 2024 | ₹2B | -39.7% (-48.0%) | Opr Margin | 0.16 | Debt/Equity | - | |||||
| 2025 | ₹7B | 229.7% (226.5%) | PreTax Margin | 15.35 | BV/Share | 67 | |||||
| 5Y Average FCF | ₹3B | 206.3% (180.5%) | |||||||||
| 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 | ₹8B | MBG Intrinsic Value | ₹149 | ||||||||
| 2027 | ₹10B | ||||||||||
| 2028 | ₹13B | ||||||||||
| 2029 | ₹16B | ||||||||||
| 2030 | ₹20B | ||||||||||
| 2031 | ₹25B | ||||||||||
| Terminal Value | ₹530B | Net Worth/Share | ₹88 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹415B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹7B | ₹1,039 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 906 | 977 | 1,062 | 1,168 | 1,301 | |||
| Equity Value | ₹422B | 7.4% | 897 | 967 | 1,051 | 1,154 | 1,283 | ||||
| Shares Outstanding | 405,668,992 | 7.4% | 889 | 957 | 1,039 | 1,140 | 1,266 | ||||
| 7.9% | 814 | 870 | 937 | 1,017 | 1,115 | ||||||
| DCF Intrinsic Value | ₹1,039 | 8.4% | 750 | 797 | 852 | 917 | 995 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||