Company Valuation: Cholamandalam Investment and Finance Company Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 589,754 626,066 971,508 1,278,412 1,153,531 1,541,511 - -
Change - 6.16% 55.18% 31.59% -9.77% 33.63% - -
Enterprise Value (EV) 1 589,754 1,570,012 2,273,042 2,933,867 3,116,082 3,933,198 4,482,309 5,146,324
Change - 166.21% 44.78% 29.07% 6.21% 26.22% 13.96% 14.81%
P/E 27.5x 23.5x 28.1x 30.1x 21.9x 22.6x 18.8x 15.3x
PBR 5.04x 4.38x 4.97x 5.41x 3.8x 4.09x 3.35x 2.76x
PEG - 1x 1x 1.3x 1x 0.8x 0.9x 0.7x
Capitalization / Revenue 10.1x 8.66x 9.73x 9.42x 6.76x 7.39x 6.15x 5.06x
EV / Revenue 10.1x 21.7x 22.8x 21.6x 18.3x 18.9x 17.9x 16.9x
EV / EBITDA 21.1x 46.5x 54x 54.1x 46x 44.1x 43.1x 40.7x
EV / EBIT 15.6x 123x 38.5x 35.6x 29.7x 30.3x 28.6x 26.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2 2 2 2 2 2.736 3.194 4.113
Rate of return 0.28% 0.26% 0.17% 0.13% 0.15% 0.15% 0.18% 0.23%
EPS 2 26.11 32.4 41.09 50.55 61.68 79.91 95.86 117.8
Distribution rate 7.66% 6.17% 4.87% 3.96% 3.24% 3.42% 3.33% 3.49%
Net sales 1 58,400 72,292 99,857 135,699 170,706 208,581 250,745 304,535
EBITDA 1 28,005 33,788 42,110 54,277 67,789 89,190 104,108 126,432
EBIT 1 37,712 12,731 59,039 82,311 104,965 129,654 156,668 191,991
Net income 1 21,467 26,662 34,228 42,585 52,196 68,667 82,817 102,235
Net Debt 1 - 943,946 1,301,534 1,655,454 1,962,552 2,391,686 2,940,797 3,604,813
Reference price 2 718.30 761.60 1,156.60 1,519.55 1,353.85 1,805.00 1,805.00 1,805.00
Nbr of stocks (in thousands) 821,041 822,040 839,969 841,310 852,037 854,023 - -
Announcement Date 05/05/22 03/05/23 30/04/24 25/04/25 30/04/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.34x18.78x43.91x0.15% 16.26B
17.59x - - 1.17% 217B
11.15x2.36x3.71x1.64% 118B
25.76x17.16x - 0.68% 70.62B
29.78x5.8x21.8x-.--% 41.01B
23.28x4.92x25.3x0.08% 31.32B
15.88x11.13x21.32x1.25% 24.2B
7.51x1.72x3.18x1.78% 22.33B
26.84x3.77x11.45x-.--% 21.25B
Average 20.01x 8.20x 18.67x 0.75% 62B
Weighted average by Cap. 18.49x 7.47x 13.38x 1.02%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cholamandalam Investment and Finance Company Limited

Historical PBR trend

Valuation ratios - PBR - Cholamandalam Investment and Finance Company Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cholamandalam Investment and Finance Company Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cholamandalam Investment and Finance Company Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cholamandalam Investment and Finance Company Limited
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