Company Valuation: Alkem Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 432,909 406,055 590,890 583,680 633,575 624,129 - -
Change - -6.2% 45.52% -1.22% 8.55% -1.49% - -
Enterprise Value (EV) 1 433,805 393,853 587,236 578,678 632,481 611,050 596,071 587,268
Change - -9.21% 49.1% -1.46% 9.3% -3.39% -2.45% -1.48%
P/E 26.3x 41.3x 32.9x 27x 27.5x 27.2x 23.6x 20.4x
PBR 5.01x 4.49x 5.73x 4.87x 4.58x 4.04x 3.57x 3.15x
PEG - -1x 0.4x 1.3x 4.37x -72.71x 1.6x 1.3x
Capitalization / Revenue 4.07x 3.5x 4.66x 4.5x 4.31x 3.74x 3.36x 3.05x
EV / Revenue 4.08x 3.4x 4.64x 4.46x 4.3x 3.66x 3.21x 2.87x
EV / EBITDA 21.1x 24.5x 26.2x 23x 21x 17.9x 15.2x 13.2x
EV / EBIT 24.8x 30.3x 30.2x 26.9x 24.1x 20.6x 17.5x 15x
EV / FCF 55.4x 27.1x 33.3x 45.3x 42.8x 59.3x 29.2x 23x
FCF Yield 1.81% 3.69% 3% 2.21% 2.33% 1.69% 3.43% 4.35%
Dividend per Share 2 34 25 40 45 53 49.33 55.28 63.37
Rate of return 0.94% 0.74% 0.81% 0.92% 1% 0.95% 1.06% 1.21%
EPS 2 137.6 82.31 150.2 181.1 192.5 191.8 220.9 256
Distribution rate 24.7% 30.4% 26.6% 24.8% 27.5% 25.7% 25% 24.8%
Net sales 1 106,342 115,993 126,676 129,645 147,123 166,957 185,727 204,703
EBITDA 1 20,529 16,094 22,455 25,122 30,052 34,191 39,311 44,365
EBIT 1 17,490 12,990 19,462 21,550 26,232 29,618 34,111 39,074
Net income 1 16,456 9,842 17,958 21,655 23,018 23,072 27,021 31,030
Net Debt 1 896.1 -12,202 -3,654 -5,003 -1,094 -13,079 -28,058 -36,861
Reference price 2 3,620.70 3,396.10 4,942.00 4,881.70 5,299.00 5,220.00 5,220.00 5,220.00
Nbr of stocks (in thousands) 119,565 119,565 119,565 119,565 119,565 119,565 - -
Announcement Date 13/05/22 19/05/23 29/05/24 29/05/25 28/05/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.22x3.66x17.87x0.94% 6.49B
32.45x11.78x23.93x0.61% 1,019B
28.48x6.32x17.7x2.09% 617B
33.26x7.78x16.08x2.64% 464B
104.98x5.87x24.89x2.36% 356B
18.81x4.58x11.36x2.9% 333B
19.83x5.17x12.78x3.09% 267B
20.02x4.17x11.86x2.13% 244B
25.46x6.66x11.86x2.5% 218B
-43.78x6.39x24.97x2.27% 179B
Average 26.67x 6.24x 17.33x 2.15% 370.37B
Weighted average by Cap. 31.79x 7.60x 18.60x 1.96%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ALKEM Stock
  4. Valuation Alkem Laboratories Limited