Valuations look really attractive. Based on DCF and EVA based calculations, intrinsic values are higher than CMP.
In addition,
- EVA / Invested capital is around 96% based on last 10 years data
- CROIC > WACC
- FCFF / interest expenses is more than 10
- FCFF yield is around 10% which is higher than AAA bond yields
- CFROI in last 3 years is more than 20%, much higher than WACC.
- FCFF / total capital employed is more than 25% in last year.
- Highest score of 4 under fragility scorecard
- SSGR > Sales growth
- CFO / PAT is roughly 90%
- 16% CAGR in ROIC in last 10 years
- CMP is getting near the 52 weeks high (currently CMP is at 73% of 52 w high price).
I think its an opportune time to invest. Any views from experts?
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