| Intrinsic Valuation of: VEDL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 18 | Market Cap | ₹1,293B | |||||
| 2022 | - | - (-) | P/E Ratio | 18 | Total Asset | ₹2,332B | |||||
| 2023 | ₹193B | - (-) | Net Income | ₹174B | Total Debt | ₹162B | |||||
| 2024 | ₹189B | -2.0% (0.5%) | EBITDA | ₹298B | Total Liab | ₹1,647B | |||||
| 2025 | ₹226B | 19.3% (174.7%) | Opr Margin | 23.96 | Debt/Equity | 0.24 | |||||
| 2026 | ₹186B | -17.4% (-33.7%) | PreTax Margin | 20.29 | BV/Share | 125 | |||||
| 5Y Average FCF | ₹198B | -2.0% (47.2%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 1.00% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.56% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (-2.0%) | ||||||||||
| 2027 | ₹186B | MBG Intrinsic Value | ₹160 | ||||||||
| 2028 | ₹183B | ||||||||||
| 2029 | ₹182B | ||||||||||
| 2030 | ₹182B | ||||||||||
| 2031 | ₹182B | ||||||||||
| 2032 | ₹184B | ||||||||||
| Terminal Value | ₹2,837B | Net Worth/Share | ₹176 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹2,692B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹14B | ₹651 | 1.0% | 1.2% | 1.5% | 1.8% | 2.0% | ||||
| (-) Total Debt | ₹162B | WACC | 6.5% | 783 | 813 | 846 | 882 | 922 | |||
| Equity Value | ₹2,543B | 7.3% | 684 | 706 | 730 | 756 | 785 | ||||
| Shares Outstanding | 3,904,801,732 | 8.0% | 605 | 622 | 640 | 660 | 681 | ||||
| 8.8% | 543 | 556 | 570 | 585 | 601 | ||||||
| DCF Intrinsic Value | ₹651 | 9.6% | 491 | 502 | 513 | 525 | 537 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||