| Intrinsic Valuation of: UBL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 17 | Market Cap | ₹517B | |||||
| 2021 | - | - (-) | P/E Ratio | 116 | Total Asset | ₹82B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹4B | Total Debt | ₹0 | |||||
| 2023 | ₹-3B | -138.0% (-129.0%) | EBITDA | ₹9B | Total Liab | ₹39B | |||||
| 2024 | ₹-1B | 55.8% (60.1%) | Opr Margin | 0.07 | Debt/Equity | - | |||||
| 2025 | ₹-232M | 80.9% (82.6%) | PreTax Margin | 6.67 | BV/Share | 165 | |||||
| 5Y Average FCF | ₹762M | -0.4% (4.6%) | |||||||||
| 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 | ₹793M | MBG Intrinsic Value | ₹150 | ||||||||
| 2027 | ₹825M | ||||||||||
| 2028 | ₹858M | ||||||||||
| 2029 | ₹892M | ||||||||||
| 2030 | ₹928M | ||||||||||
| 2031 | ₹965M | ||||||||||
| Terminal Value | ₹20B | Net Worth/Share | ₹165 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹17B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹3B | ₹78 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 70 | 74 | 79 | 85 | 93 | |||
| Equity Value | ₹21B | 7.4% | 70 | 74 | 78 | 84 | 92 | ||||
| Shares Outstanding | 264,404,992 | 7.4% | 69 | 73 | 78 | 84 | 91 | ||||
| 7.9% | 65 | 68 | 72 | 76 | 82 | ||||||
| DCF Intrinsic Value | ₹78 | 8.4% | 61 | 64 | 67 | 71 | 75 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||