Company Valuation: Mahindra Logistics Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 36,266 25,501 29,452 18,870 33,021 40,875 - -
Change - -29.68% 15.49% -35.93% 75% 23.78% - -
Enterprise Value (EV) 1 37,779 31,908 36,542 26,700 36,292 44,533 44,349 43,427
Change - -15.54% 14.53% -26.93% 35.93% 22.71% -0.41% -2.08%
P/E 98.2x 97.3x -53.8x -52.6x 1,331x 34.9x 23.1x 17.8x
PBR 6.14x 4.54x 5.98x 4.31x 2.81x 3.32x 2.95x 2.52x
PEG - -3.3x 0x 1.5x -13x 0x 0.5x 0.6x
Capitalization / Revenue 0.89x 0.5x 0.53x 0.31x 0.47x 0.49x 0.43x 0.39x
EV / Revenue 0.93x 0.62x 0.66x 0.44x 0.52x 0.53x 0.46x 0.41x
EV / EBITDA 19.1x 12.3x 16x 9.4x 9.64x 8.77x 7.26x 6.16x
EV / EBIT 59.8x 45.4x 182x 46.3x 36.8x 21.9x 15.4x 12.3x
EV / FCF 40.2x 66x 23.4x 16.5x 31.7x 14.1x 11.9x 8.87x
FCF Yield 2.49% 1.52% 4.27% 6.08% 3.16% 7.08% 8.42% 11.3%
Dividend per Share 2 2 2.5 2.5 2.5 2.5 2.333 2.333 2.4
Rate of return 0.4% 0.71% 0.61% 0.96% 0.75% 0.57% 0.57% 0.58%
EPS 2 5.14 3.64 -7.6 -4.97 0.25 11.8 17.84 23.12
Distribution rate 38.9% 68.7% -32.9% -50.3% 1,000% 19.8% 13.1% 10.4%
Net sales 1 40,830 51,283 55,060 61,048 69,993 84,134 95,453 105,966
EBITDA 1 1,977 2,598 2,290 2,840 3,765 5,076 6,112 7,046
EBIT 1 631.5 702.6 200.5 577.2 986 2,035 2,879 3,526
Net income 1 370.7 262.8 -547.4 -358.5 22.9 1,170 1,768 2,234
Net Debt 1 1,512 6,406 7,090 7,830 3,271 3,658 3,474 2,552
Reference price 2 504.60 354.30 408.85 261.60 332.80 411.95 411.95 411.95
Nbr of stocks (in thousands) 71,872 71,977 72,036 72,131 99,222 99,222 - -
Announcement Date 26/04/22 24/04/23 22/04/24 21/04/25 23/04/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.2x0.55x9.07x0.55% 445M
23.18x7.52x15.05x1.85% 179B
25.43x7.36x15.31x1.08% 96.23B
26.07x7.98x16.14x0.82% 76.92B
27.75x6.82x15.51x1.58% 76.86B
21.33x6.85x14.23x2.12% 75.27B
29.12x5.84x17.5x0.67% 35.74B
37.63x2.67x15.74x-.--% 21.43B
30.62x1.57x12.72x0.82% 20.7B
21.99x2.07x11.41x - 16.4B
Average 27.93x 4.92x 14.27x 1.06% 59.94B
Weighted average by Cap. 25.37x 6.74x 15.17x 1.41%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Mahindra Logistics Limited

Historical PBR trend

Valuation ratios - PBR - Mahindra Logistics Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Mahindra Logistics Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Mahindra Logistics Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Mahindra Logistics Limited
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