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Can you please help on the calculation What is the r and t value How is PVTV and WACC calculated(for calculating the intrinsic value by

Can you please help on the calculation What is the r and t value How is PVTV and WACC calculated(for calculating the intrinsic value by DCF method)

Balance Sheet
Maruti Suzuki India
Standalone Balance Sheet ------------------- in Rs. Cr. -------------------
Mar 16 Mar-17 Mar-18 Mar-19 Mar-20 Mar 21

12 mths
12 mths 12 mths 12 mths 12 mths 12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 151 151 151 151 151 151
Total Share Capital 151 151 151 151 151 151
Reserves and Surplus 29,733.20 36,280.10 41,606.30 45,990.50 48,286.00 51,215.80
Total Reserves and Surplus 29,733.20 36,280.10 41,606.30 45,990.50 48,286.00 51,215.80
Total Shareholders Funds 29,884.20 36,431.10 41,757.30 46,141.50 48,437.00 51,366.80
NON-CURRENT LIABILITIES
Long Term Borrowings
Deferred Tax Liabilities [Net] 194.3 466.2 558.9 564 598.4 384.7
Other Long Term Liabilities 807.5 1,105.00 1,585.30 2,036.50 2,170.30 2,164.50
Long Term Provisions 14.8 21.9 26.5 39.5 51.6 44.7
Total Non-Current Liabilities 1,016.60 1,593.10 2,170.70 2,640.00 2,820.30 2,593.90
CURRENT LIABILITIES
Short Term Borrowings 77.4 483.6 110.8 149.6 106.3 488.8
Trade Payables 7,407.30 8,367.30 10,497.00 9,633.00 7,494.10 10,161.70
Other Current Liabilities 3,155.60 3,926.50 4,274.30 3,743.30 3,014.80 4,714.60
Short Term Provisions 398.9 449 560 624.4 679.6 741.6
Total Current Liabilities 11,039.20 13,226.40 15,442.10 14,150.30 11,294.80 16,106.70
Total Capital And Liabilities 41,940.00 51,250.60 59,370.10 62,931.80 62,552.10 70,067.40
ASSETS
NON-CURRENT ASSETS
Tangible Assets 12,163.10 12,919.70 13,047.30 14,956.70 15,374.50 14,732.80
Intangible Assets 346.9 373 311.7 451.1 335.8 224.2
Capital Work-In-Progress 1,006.90 1,252.30 2,125.90 1,600.10 1,337.40 1,192.30
Intangible Assets Under Development 0 0 0 70.9 297.5
Fixed Assets 13,516.90 14,545.00 15,484.90 17,007.90 17,118.60 16,446.80
Non-Current Investments 18,875.40 26,302.20 34,072.90 31,469.50 35,248.80 33,371.00
Long Term Loans And Advances 0.4 0.3 0.2 0.2 0.2 0.2
Other Non-Current Assets 1,701.30 1,626.90 1,890.70 2,092.60 1,757.10 1,722.70
Total Non-Current Assets 34,094.00 42,474.40 51,448.70 50,570.20 54,124.70 51,540.70
CURRENT ASSETS
Current Investments 1,056.80 2,178.80 1,217.30 5,045.50 1,218.80 8,415.70
Inventories 3,132.10 3,262.20 3,160.80 3,325.70 3,214.90 3,050.00
Trade Receivables 1,322.20 1,199.20 1,461.80 2,310.40 1,974.90 1,276.60
Cash And Cash Equivalents 42.2 13.8 71.1 178.9 21.1 3,036.40
Short Term Loans And Advances 147.8 2.5 3 16 16.9 23
OtherCurrentAssets 2,144.90 2,119.70 2,007.40 1,485.10 1,980.80 2,725.00
Total Current Assets 7,846.00 8,776.20 7,921.40 12,361.60 8,427.40 18,526.70
Total Assets 41,940.00 51,250.60 59,370.10 62,931.80 62,552.10 70,067.40
Free Cash Flow to Firm Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
EBIT (Profit after Tax +Finance Cost) 7,525.20 10,049.70 11,349.10 10,541.40 7,197.70 5,260.20
EBIT x (1-t) = (EBIT x (1-.34)) 4966.632 6632.802 7490.406 6957.324 4750.482 3471.732
(+) Depreciation and Amortisation 2,820.20 2,602.10 2,757.90 3,018.90 3,525.70 3,031.50
(-) Capital Expenditure 3,630.20 3,697.80 4,541.90 3,636.40 2,359.70
(-) Change in Working Capital -3,193.20 -4,450.20 -7,520.70 -1,788.70 -2,867.40 2,420.00
Free Cash Flow 10,054.90 14,071.21 7,223.02 7,507.18 1,723.53
Growth Rate 39.94% -48.67% 3.93% -77.04%

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