| Intrinsic Valuation of: YESBANK | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 1 | Market Cap | ₹693B | |||||
| 2022 | - | - (-) | P/E Ratio | 20 | Total Asset | ₹4,702B | |||||
| 2023 | ₹-266B | - (-) | Net Income | ₹35B | Total Debt | ₹0 | |||||
| 2024 | ₹87B | 132.6% (121.8%) | EBITDA | - | Total Liab | ₹4,190B | |||||
| 2025 | ₹56B | -34.8% (-39.6%) | Opr Margin | - | Debt/Equity | - | |||||
| 2026 | ₹205B | 262.8% (224.8%) | PreTax Margin | - | BV/Share | 16 | |||||
| 5Y Average FCF | ₹20B | 15.0% (102.3%) | |||||||||
| 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): | 7.00% | 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%) | ||||||||||
| 2027 | ₹205B | MBG Intrinsic Value | ₹10 | ||||||||
| 2028 | ₹230B | ||||||||||
| 2029 | ₹253B | ||||||||||
| 2030 | ₹272B | ||||||||||
| 2031 | ₹286B | ||||||||||
| 2032 | ₹293B | ||||||||||
| Terminal Value | ₹6,646B | Net Worth/Share | ₹16 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹5,635B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹383B | ₹192 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 181 | 196 | 214 | 239 | 271 | |||
| Equity Value | ₹6,019B | 7.1% | 162 | 173 | 187 | 204 | 226 | ||||
| Shares Outstanding | 31,385,529,506 | 7.8% | 146 | 155 | 166 | 179 | 194 | ||||
| 8.4% | 134 | 141 | 149 | 159 | 171 | ||||||
| DCF Intrinsic Value | ₹192 | 9.0% | 123 | 129 | 136 | 144 | 153 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||