Financials Aster DM Healthcare Limited

Equities

ASTERDM

INE914M01019

Healthcare Facilities & Services

Delayed NSE India S.E. 14:48:36 22/04/2024 BST 5-day change 1st Jan Change
513.4 INR -1.39% Intraday chart for Aster DM Healthcare Limited -1.80% +25.27%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 77,310 47,243 68,245 98,191 119,695 255,325 - -
Enterprise Value (EV) 1 99,951 70,150 108,913 143,400 172,300 273,536 255,325 255,325
P/E ratio 23.3 x 17.3 x 46.3 x 18.7 x 28.2 x 61.5 x 34.8 x 26.6 x
Yield - - - - - 0.39% 0.39% 0.39%
Capitalization / Revenue 0.97 x 0.54 x 0.79 x 0.96 x 1 x 1.81 x 1.62 x 1.45 x
EV / Revenue 1.26 x 0.8 x 1.27 x 1.4 x 1.44 x 1.94 x 1.62 x 1.45 x
EV / EBITDA 11.6 x 5.58 x 10.2 x 9.67 x 11 x 14.2 x 11.2 x 9.69 x
EV / FCF 629 x 10 x 9.11 x 17.3 x 15.4 x 41.5 x 27.7 x 20.2 x
FCF Yield 0.16% 9.97% 11% 5.79% 6.48% 2.41% 3.61% 4.94%
Price to Book 2.42 x 1.45 x 2.03 x 2.48 x 2.7 x 5.17 x 4.41 x 3.7 x
Nbr of stocks (in thousands) 501,523 496,509 496,509 497,170 497,280 497,370 - -
Reference price 2 154.2 95.15 137.4 197.5 240.7 513.4 513.4 513.4
Announcement Date 28/05/19 23/06/20 22/06/21 24/05/22 25/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 79,627 87,385 86,084 102,533 119,329 140,696 157,724 175,946
EBITDA 1 8,630 12,576 10,628 14,832 15,653 19,326 22,763 26,355
EBIT 1 5,566 6,717 4,452 8,427 7,848 10,326 13,037 15,786
Operating Margin 6.99% 7.69% 5.17% 8.22% 6.58% 7.34% 8.27% 8.97%
Earnings before Tax (EBT) 1 4,105 3,302 2,015 6,363 5,339 6,012 9,814 12,698
Net income 1 3,331 2,766 1,477 5,260 4,249 3,709 7,386 9,598
Net margin 4.18% 3.17% 1.72% 5.13% 3.56% 2.64% 4.68% 5.46%
EPS 2 6.620 5.500 2.970 10.57 8.530 8.350 14.73 19.30
Free Cash Flow 1 158.9 6,994 11,950 8,304 11,168 6,588 9,210 12,625
FCF margin 0.2% 8% 13.88% 8.1% 9.36% 4.68% 5.84% 7.18%
FCF Conversion (EBITDA) 1.84% 55.61% 112.44% 55.99% 71.35% 34.09% 40.46% 47.9%
FCF Conversion (Net income) 4.77% 252.84% 808.83% 157.88% 262.83% 177.62% 124.7% 131.54%
Dividend per Share 2 - - - - - 2.000 2.000 2.000
Announcement Date 28/05/19 23/06/20 22/06/21 24/05/22 25/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 22,589 23,909 23,716 25,043 26,496 27,278 26,621 28,163 31,921 32,623 32,154 32,654 35,540 37,184
EBITDA 1 3,279 3,211 2,808 3,428 3,971 4,625 2,921 3,189 4,487 5,056 3,877 4,162 4,895 5,592
EBIT 1 1,706 1,684 1,279 1,865 2,362 2,922 1,171 1,295 2,512 2,870 1,702 2,439 2,078 3,134
Operating Margin 7.55% 7.05% 5.39% 7.45% 8.91% 10.71% 4.4% 4.6% 7.87% 8.8% 5.29% 7.47% 5.85% 8.43%
Earnings before Tax (EBT) 1 1,142 1,215 - 1,342 1,808 2,519 856.1 707.5 1,724 2,050 805.6 1,388 1,118 2,129
Net income 1 924.2 1,054 - 1,069 1,483 2,263 685.4 462.1 1,394 1,708 49 942.7 696 1,748
Net margin 4.09% 4.41% - 4.27% 5.6% 8.29% 2.57% 1.64% 4.37% 5.23% 0.15% 2.89% 1.96% 4.7%
EPS 2 1.860 2.120 - 2.150 2.980 4.550 1.380 0.9300 2.800 3.430 0.1000 3.100 1.400 2.900
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 09/02/21 22/06/21 11/08/21 11/11/21 08/02/22 24/05/22 11/08/22 10/11/22 14/02/23 25/05/23 14/08/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 22,641 22,907 40,668 45,209 52,605 18,211 - -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.623 x 1.821 x 3.827 x 3.048 x 3.361 x 0.9423 x - -
Free Cash Flow 1 159 6,994 11,950 8,304 11,168 6,588 9,210 12,625
ROE (net income / shareholders' equity) 11% 8.53% 4.45% 14.4% 10.1% 9.6% 14.2% 16.1%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 63.60 65.50 67.90 79.50 89.10 99.20 116.0 139.0
Cash Flow per Share 11.60 24.30 31.50 26.40 36.70 - - -
Capex 1 5,677 5,239 3,742 4,830 7,172 7,984 7,440 7,715
Capex / Sales 7.13% 5.99% 4.35% 4.71% 6.01% 5.67% 4.72% 4.38%
Announcement Date 28/05/19 23/06/20 22/06/21 24/05/22 25/05/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
513.4 INR
Average target price
489 INR
Spread / Average Target
-4.74%
Consensus
  1. Stock Market
  2. Equities
  3. ASTERDM Stock
  4. Financials Aster DM Healthcare Limited