| Intrinsic Valuation of: YESBANK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 1 | Market Cap | ₹641B | |||||
| 2021 | - | - (-) | P/E Ratio | 26 | Total Asset | ₹4,241B | |||||
| 2022 | ₹232B | - (-) | Net Income | ₹24B | Total Debt | ₹0 | |||||
| 2023 | ₹-266B | -214.8% (-211.7%) | EBITDA | - | Total Liab | ₹3,763B | |||||
| 2024 | ₹87B | 132.6% (122.7%) | Opr Margin | - | Debt/Equity | - | |||||
| 2025 | ₹56B | -34.8% (-42.0%) | PreTax Margin | - | BV/Share | 15 | |||||
| 5Y Average FCF | ₹27B | -39.0% (-43.7%) | |||||||||
| 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 | ₹59B | MBG Intrinsic Value | ₹7 | ||||||||
| 2027 | ₹61B | ||||||||||
| 2028 | ₹63B | ||||||||||
| 2029 | ₹66B | ||||||||||
| 2030 | ₹69B | ||||||||||
| 2031 | ₹71B | ||||||||||
| Terminal Value | ₹1,485B | Net Worth/Share | ₹15 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹1,269B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹286B | ₹50 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 45 | 47 | 50 | 54 | 59 | |||
| Equity Value | ₹1,554B | 7.4% | 44 | 47 | 50 | 54 | 58 | ||||
| Shares Outstanding | 31,365,599,232 | 7.4% | 44 | 47 | 50 | 53 | 58 | ||||
| 7.9% | 41 | 43 | 46 | 49 | 52 | ||||||
| DCF Intrinsic Value | ₹50 | 8.4% | 39 | 41 | 43 | 45 | 48 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||