| Intrinsic Valuation of: TMCV | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 8 | Market Cap | ₹1,392B | |||||
| 2021 | - | - (-) | P/E Ratio | 46 | Total Asset | ₹3,786B | |||||
| 2022 | - | - (-) | Net Income | ₹230B | Total Debt | ₹402B | |||||
| 2023 | - | -% (-%) | EBITDA | ₹621B | Total Liab | ₹2,559B | |||||
| 2024 | ₹365B | -% (-%) | Opr Margin | 0.93 | Debt/Equity | 0.33 | |||||
| 2025 | ₹251B | -31.3% (-32.2%) | PreTax Margin | -0.23 | BV/Share | 90 | |||||
| 5Y Average FCF | ₹308B | 2.5% (-%) | |||||||||
| 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): | 9.02% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (2.5%) | ||||||||||
| 2026 | ₹274B | MBG Intrinsic Value | ₹74 | ||||||||
| 2027 | ₹281B | ||||||||||
| 2028 | ₹288B | ||||||||||
| 2029 | ₹295B | ||||||||||
| 2030 | ₹303B | ||||||||||
| 2031 | ₹310B | ||||||||||
| Terminal Value | ₹4,858B | Net Worth/Share | ₹333 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹4,194B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹343B | ₹1,123 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹402B | WACC | 7.0% | 1,387 | 1,494 | 1,625 | 1,789 | 1,999 | |||
| Equity Value | ₹4,136B | 8.0% | 1,171 | 1,244 | 1,329 | 1,432 | 1,557 | ||||
| Shares Outstanding | 3,682,331,373 | 9.0% | 1,013 | 1,064 | 1,123 | 1,193 | 1,274 | ||||
| 10.0% | 891 | 929 | 972 | 1,022 | 1,078 | ||||||
| DCF Intrinsic Value | ₹1,123 | 11.0% | 795 | 824 | 857 | 893 | 934 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||