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 42,383 - -
Change - -29.68% 15.49% -35.93% 75% 28.35% - -
Enterprise Value (EV) 1 37,779 31,908 36,542 26,700 36,292 46,041 45,857 44,935
Change - -15.54% 14.53% -26.93% 35.93% 26.86% -0.4% -2.01%
P/E 98.2x 97.3x -53.8x -52.6x 1,331x 36.2x 23.9x 18.5x
PBR 6.14x 4.54x 5.98x 4.31x 2.81x 3.44x 3.06x 2.61x
PEG - -3.3x 0x 1.5x -13x 0x 0.5x 0.6x
Capitalization / Revenue 0.89x 0.5x 0.53x 0.31x 0.47x 0.5x 0.44x 0.4x
EV / Revenue 0.93x 0.62x 0.66x 0.44x 0.52x 0.55x 0.48x 0.42x
EV / EBITDA 19.1x 12.3x 16x 9.4x 9.64x 9.07x 7.5x 6.38x
EV / EBIT 59.8x 45.4x 182x 46.3x 36.8x 22.6x 15.9x 12.7x
EV / FCF 40.2x 66x 23.4x 16.5x 31.7x 14.6x 12.3x 9.18x
FCF Yield 2.49% 1.52% 4.27% 6.08% 3.16% 6.85% 8.14% 10.9%
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% 0.55% 0.55% 0.56%
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 2 504.60 354.30 408.85 261.60 332.80 427.15 427.15 427.15
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.($)
36.56x0.55x9.15x0.54% 449M
22.86x7.43x14.86x1.88% 177B
25.31x7.33x15.24x1.09% 95.75B
25.97x8.17x16.16x0.79% 78.73B
27.42x6.76x15.36x1.6% 75.94B
21.32x6.86x14.25x2.11% 75.15B
29.39x5.9x17.5x0.66% 35.94B
37.36x2.65x15.64x-.--% 21.27B
30.78x1.58x12.78x0.82% 20.81B
20.85x0.87x14.67x1.97% 14.73B
Average 27.78x 4.81x 14.56x 1.15% 59.57B
Weighted average by Cap. 25.20x 6.72x 15.19x 1.43%

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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