I have kept very conservative growth at 30% when the company has grown in excess of 60% last 5 years i get a fair vale of Rs 675 margin of safety at 25% this stock is better league and valuation compare to team lease IMO one should apply for short term gain given the huge demand Fiis and Diis will lap this up in no time given very small float of shares. However getting allotment will be hard given the issue size and demand only lucky few will get allotment. I will buy this on dips. apply and best of luck and eagleye big thanking for providing the numbers
Initial Cash Flow: $96,61,00,000
Years: 1-5 6-10
Growth Rate: 60% 40%
Terminal Growth Rate: 5% Discount Rate: 10%
Shares Outstanding: 12,59,53,353 Margin of Safety: 25%
Debt Level:
Year Flows Growth Value
1 1,25,59,30,000 30% $1,14,17,54,545
2 1,63,27,09,000 30% $1,34,93,46,281
3 2,12,25,21,700 30% $1,59,46,81,968
4 2,75,92,78,210 30% $1,88,46,24,145
5 3,58,70,61,673 30% $2,22,72,83,080
6 4,48,38,27,091 25% $2,53,10,03,500
7 5,60,47,83,864 25% $2,87,61,40,341
8 7,00,59,79,830 25% $3,26,83,41,296
9 8,75,74,74,788 25% $3,71,40,24,200
10 10,94,68,43,484 25% $4,22,04,82,046
Terminal Year $11,49,41,85,659
PV of Year 1-10 Cash Flows: $24,80,76,81,403
Terminal Value: $88,63,01,22,964
Total PV of Cash Flows: $1,13,43,78,04,366
Number of Shares: 12,59,53,353
Intrinsic Value (IV): $900.63
Margin of Safety IV: $675.48
What Percentage of IV comes from 78%
the Terminal Value: