Company Valuation: J.K. Cement Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 187,874 225,871 315,011 381,087 392,357 380,237 - -
Change - 20.22% 39.47% 20.98% 2.96% -3.09% - -
Enterprise Value (EV) 1 223,171 261,802 357,730 422,228 448,075 444,011 442,949 443,373
Change - 17.31% 36.64% 18.03% 6.12% -0.91% -0.24% 0.1%
P/E 27.7x 53x 39.8x 44.3x 39.5x 35.1x 27.2x 22.5x
PBR 4.34x 4.82x 5.87x 6.26x 5.58x 4.81x 4.16x 3.51x
PEG - -1.4x 0.5x 4.99x 2.6x 3.84x 0.9x 1.1x
Capitalization / Revenue 2.35x 2.32x 2.73x 3.21x 2.86x 2.39x 2.12x 1.9x
EV / Revenue 2.79x 2.69x 3.1x 3.55x 3.27x 2.79x 2.47x 2.21x
EV / EBITDA 15.1x 19.9x 17.4x 20.8x 18.9x 17x 13.7x 11.9x
EV / EBIT 19.6x 30.6x 24.1x 29.6x 26x 23.6x 18.8x 16x
EV / FCF -33x -112x 45.5x 192x -114x -32.7x 105x 36.3x
FCF Yield -3.03% -0.9% 2.2% 0.52% -0.88% -3.06% 0.95% 2.76%
Dividend per Share 2 15 15 20 15 20 19.91 21.11 28.09
Rate of return 0.62% 0.51% 0.49% 0.3% 0.39% 0.4% 0.43% 0.57%
EPS 2 87.9 55.17 102.4 111.4 128.4 140.2 181.2 218.8
Distribution rate 17.1% 27.2% 19.5% 13.5% 15.6% 14.2% 11.7% 12.8%
Net sales 1 79,908 97,202 115,560 118,792 137,223 159,250 179,138 200,571
EBITDA 1 14,822 13,143 20,598 20,271 23,742 26,082 32,309 37,254
EBIT 1 11,397 8,561 14,872 14,257 17,213 18,830 23,542 27,732
Net income 1 6,871 4,263 7,908 8,611 9,925 10,819 13,849 16,641
Net Debt 1 35,297 35,931 42,719 41,141 55,718 63,774 62,712 63,135
Reference price 2 2,431.45 2,923.20 4,076.85 4,932.00 5,077.85 4,921.00 4,921.00 4,921.00
Nbr of stocks (in thousands) 77,268 77,268 77,268 77,268 77,268 77,268 - -
Announcement Date 21/05/22 27/05/23 12/05/24 24/05/25 23/05/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.96x2.78x16.96x0.41% 4B
17.62x2.42x9.61x2.93% 42.69B
27.3x5.93x17.88x0.7% 34.89B
32.57x3.37x17.34x1.03% 33.74B
28.98x4.46x15.09x0.83% 32.71B
11.24x1.36x6.35x2.73% 27.91B
17.45x5.5x11.5x2.56% 20.35B
66.57x4.13x63.98x0.35% 20.67B
15.19x1.92x7.77x1.44% 20.33B
24.37x3.23x11.22x-.--% 14.28B
Average 27.62x 3.51x 17.77x 1.3% 25.15B
Weighted average by Cap. 26.20x 3.58x 16.82x 1.5%

Y-o-Y evolution of P/E

Valuation ratios - P/E - J.K. Cement Limited

Historical PBR trend

Valuation ratios - PBR - J.K. Cement Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - J.K. Cement Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - J.K. Cement Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - J.K. Cement Limited
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