| Intrinsic Valuation of: VOLTAS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 26 | Market Cap | ₹439B | |||||
| 2021 | - | - (-) | P/E Ratio | 52 | Total Asset | ₹132B | |||||
| 2022 | ₹5B | - (-) | Net Income | ₹8B | Total Debt | ₹4B | |||||
| 2023 | ₹-206M | -103.8% (-103.2%) | EBITDA | ₹13B | Total Liab | ₹66B | |||||
| 2024 | ₹5B | 2379.6% (1827.0%) | Opr Margin | 0.07 | Debt/Equity | 0.06 | |||||
| 2025 | ₹-4B | -192.3% (-174.7%) | PreTax Margin | 6.48 | BV/Share | 195 | |||||
| 5Y Average FCF | ₹1B | 694.5% (516.4%) | |||||||||
| 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 (25.0%) | ||||||||||
| 2026 | ₹2B | MBG Intrinsic Value | ₹230 | ||||||||
| 2027 | ₹2B | ||||||||||
| 2028 | ₹3B | ||||||||||
| 2029 | ₹3B | ||||||||||
| 2030 | ₹4B | ||||||||||
| 2031 | ₹5B | ||||||||||
| Terminal Value | ₹109B | Net Worth/Share | ₹198 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹86B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹267 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹4B | WACC | 7.3% | 233 | 251 | 273 | 300 | 333 | |||
| Equity Value | ₹88B | 7.4% | 231 | 249 | 270 | 296 | 329 | ||||
| Shares Outstanding | 330,884,992 | 7.4% | 229 | 246 | 267 | 293 | 324 | ||||
| 7.9% | 210 | 224 | 241 | 261 | 286 | ||||||
| DCF Intrinsic Value | ₹267 | 8.4% | 194 | 206 | 220 | 236 | 256 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||