Intrinsic Valuation of: TRENT
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 48 Market Cap ₹1,458B
2022 - - (-) P/E Ratio 85 Total Asset ₹117B
2023 ₹915M - (-) Net Income ₹17B Total Debt ₹0
2024 ₹6B 569.0% (344.7%) EBITDA ₹38B Total Liab ₹46B
2025 ₹4B -35.8% (-54.3%) Opr Margin 11.52 Debt/Equity -
2026 ₹9B 130.4% (96.7%) PreTax Margin 10.68 BV/Share 194
5Y Average FCF ₹5B 15.0% (129.0%)
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): 7.00% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (15.0%)
2027 ₹9B MBG Intrinsic Value ₹432
2028 ₹10B
2029 ₹11B
2030 ₹12B
2031 ₹13B
2032 ₹13B
Terminal Value ₹292B Net Worth/Share ₹200
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹248B Growth Rate
(+) Cash & Cash Equivalents ₹3B ₹705 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 662 720 793 887 1,011
Equity Value ₹251B 7.1% 589 633 687 754 839
Shares Outstanding 355,487,461 7.8% 529 563 604 654 715
8.4% 480 507 539 577 623
DCF Intrinsic Value ₹705 9.0% 440 462 488 518 553
Analyzed by QuantJuice (2025)