| Intrinsic Valuation of: VOLTAS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 11 | Market Cap | ₹407B | |||||
| 2021 | - | - (-) | P/E Ratio | 109 | 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 | 6.98 | Debt/Equity | 0.06 | |||||
| 2025 | ₹-4B | -192.3% (-174.7%) | PreTax Margin | 6.57 | BV/Share | 195 | |||||
| 5Y Average FCF | ₹1B | 15.0% (516.4%) | |||||||||
| 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): | 8.99% | 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 | ₹6B | MBG Intrinsic Value | ₹101 | ||||||||
| 2027 | ₹6B | ||||||||||
| 2028 | ₹7B | ||||||||||
| 2029 | ₹8B | ||||||||||
| 2030 | ₹8B | ||||||||||
| 2031 | ₹8B | ||||||||||
| Terminal Value | ₹130B | Net Worth/Share | ₹198 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹110B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹339 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹4B | WACC | 7.0% | 418 | 450 | 489 | 539 | 602 | |||
| Equity Value | ₹112B | 8.0% | 353 | 375 | 401 | 431 | 469 | ||||
| Shares Outstanding | 330,884,740 | 9.0% | 306 | 321 | 339 | 360 | 384 | ||||
| 10.0% | 270 | 281 | 294 | 309 | 326 | ||||||
| DCF Intrinsic Value | ₹339 | 11.0% | 241 | 250 | 260 | 270 | 283 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||