| Intrinsic Valuation of: TVSMOTOR | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 63 | Market Cap | ₹1,648B | |||||
| 2021 | - | - (-) | P/E Ratio | 55 | Total Asset | ₹479B | |||||
| 2022 | ₹-25B | - (-) | Net Income | ₹22B | Total Debt | ₹139B | |||||
| 2023 | ₹-57B | -125.8% (-75.5%) | EBITDA | ₹66B | Total Liab | ₹385B | |||||
| 2024 | ₹-24B | 58.3% (65.0%) | Opr Margin | -0.50 | Debt/Equity | 1.48 | |||||
| 2025 | ₹10B | 142.7% (137.9%) | PreTax Margin | -6.14 | BV/Share | 120 | |||||
| 5Y Average FCF | ₹-24B | 15.0% (42.5%) | |||||||||
| 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): | 7.37% | 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%) | ||||||||||
| 2026 | ₹12B | MBG Intrinsic Value | ₹567 | ||||||||
| 2027 | ₹13B | ||||||||||
| 2028 | ₹15B | ||||||||||
| 2029 | ₹16B | ||||||||||
| 2030 | ₹16B | ||||||||||
| 2031 | ₹17B | ||||||||||
| Terminal Value | ₹353B | Net Worth/Share | ₹199 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹299B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹41B | ₹423 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹139B | WACC | 6.5% | 434 | 491 | 562 | 654 | 776 | |||
| Equity Value | ₹201B | 7.2% | 352 | 393 | 444 | 506 | 585 | ||||
| Shares Outstanding | 474,960,087 | 7.9% | 288 | 319 | 356 | 401 | 456 | ||||
| 8.7% | 237 | 262 | 290 | 324 | 364 | ||||||
| DCF Intrinsic Value | ₹423 | 9.4% | 196 | 215 | 237 | 263 | 293 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||