Reverse DCF

What growth does the market imply for EXXARO?

Working backwards from the current price to find the FCF growth assumption baked in.

reasonable

11.3% implied annual FCF growth

The market's growth assumption looks achievable for a quality business. This is within normal range — the stock is not pricing in heroic execution.

Current Price

₹7

Historical Growth

-0.9%

FCF Yield

5.01%

Price / FCF

19.9x

Plain English

To justify today's price of $6.97, EXXARO.NS needs to grow its free cash flow at 11.3% per year for the next 10 years. That is 12.2% faster than its historical growth rate of -0.9%. This looks achievable — the market is not pricing in heroic assumptions. There may be genuine upside if the company executes.

Adjust Assumptions

11.1%
6%13%20%
4.0%
0%3%6%

Growth Scenarios

What the stock is worth at different growth assumptions

ScenarioFCF GrowthImplied IVMoS vs Price
Historical-0.9%₹2-77.6%
Half implied5.7%₹4-45.3%
GDP rate10.0%₹6-12.3%
Implied11.3%₹7+0.0%

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This is an analytical tool, not investment advice. Implied growth is a mathematical inversion of the DCF model and depends on WACC and terminal growth assumptions. YieldIQ is not registered with SEBI as an investment adviser.