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Decoding Valuation: Trent & DMART’s Astronomical Fall

Decoding Valuation: Trent & DMART’s Astronomical Fall

The content discusses the valuation of Trent, a fast-growing company, based on its market cap, net income, and growth rate. The author calculates that if Trent’s net profit continues to grow at 100% year-over-year, it would take only 7 years for the sum of all its profits to equal the current market cap of 2.30 Lakh Crore. However, if the growth rate slows down to 50%, it would take 11 years to recover the investment. The author emphasizes the importance of growth expectations in determining stock prices and warns of the risks associated with high PE stocks.

The author also compares Trent to DMart, another fast-growing company, and notes that DMart owns the land where its stores stand, while Trent does not. The content ends with a brief mention of the Nifty and Sensex gains on Friday amid a rally in other Asian stocks. The author does not factor in free float when considering 100% shareholding of Trent.

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