Valuation Maruti Suzuki India Ltd

Equities

Market Closed - NSE India S.E. Other stock markets 12:05:09 21/05/2026 BST			5-day change	1st Jan Change
13,010.00 ^INR	+0.05%		-0.71%	-22.08%

02:09pm	Maruti Suzuki to increase the prices of its models across its portfolio by up to 30,000 rupees	RE
02:04pm	India's top carmaker Maruti Suzuki to hike prices as input costs climb	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	2,072,028	2,284,118	2,504,893	3,961,582	3,622,594	4,090,377	-	-
Change	-	10.24%	9.67%	58.15%	-8.56%	12.91%	-	-
Enterprise Value (EV) ¹	1,622,275	1,856,479	2,504,893	3,919,089	3,563,290	3,322,062	3,269,488	3,131,152
Change	-	14.44%	34.93%	56.46%	-9.08%	-6.77%	-1.58%	-4.23%
P/E ratio	49x	60.6x	31.1x	29.2x	26x	26.8x	24.9x	20.8x
PBR	4.03x	4.22x	4.15x	4.72x	3.85x	3.9x	3.5x	3.12x
PEG	-	-5.5x	0x	0.5x	8.77x	7.63x	3.6x	1.1x
Capitalization / Revenue	2.95x	2.59x	2.13x	2.81x	2.38x	2.11x	1.98x	1.77x
EV / Revenue	2.31x	2.1x	2.13x	2.78x	2.35x	1.84x	1.58x	1.36x
EV / EBITDA	30.3x	32.6x	22.8x	23.9x	20x	15.6x	13.7x	11.1x
EV / EBIT	70.1x	63.7x	30.6x	29.3x	24.4x	22x	19.9x	15.7x
EV / FCF	24.2x	-131x	80.5x	46.4x	62.9x	29x	27.9x	20.1x
FCF Yield	4.13%	-0.76%	1.24%	2.15%	1.59%	3.45%	3.58%	4.98%
Dividend per Share ²	45	60	90	125	135	152.3	155.2	181.1
Rate of return	0.66%	0.79%	1.09%	0.99%	1.17%	1.17%	1.19%	1.39%
EPS ²	140	124.7	266.5	431.1	443.9	459.5	523	625.2
Distribution rate	32.1%	48.1%	33.8%	29%	30.4%	31.1%	29.7%	29%
Net sales ¹	703,325	882,956	1,175,229	1,409,326	1,519,001	1,832,661	2,063,114	2,308,480
EBITDA ¹	53,453	57,012	110,077	164,011	177,852	214,502	239,434	281,362
EBIT ¹	23,138	29,147	81,844	133,788	146,259	147,097	164,460	199,426
Net income ¹	42,297	37,663	80,492	132,094	139,552	144,454	163,878	195,687
Net Debt ¹	-449,753	-427,639	-	-42,493	-59,304	-768,316	-820,889	-959,226
Reference price ²	6,859.20	7,561.30	8,292.15	12,600.35	11,522.15	13,010.00	13,010.00	13,010.00
Nbr of stocks (in thousands)	302,080	302,080	302,080	314,403	314,403	314,403	-	-
Announcement Date	27/04/21	30/04/22	26/04/23	26/04/24	25/04/25	28/04/26	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
MARUTI SUZUKI INDIA LTD	26.58x	1.84x	15.59x	1.17%	42.33B
FERRARI N.V.	30.19x	6.93x	17.71x	1.33%	59.5B
PORSCHE AG	24.53x	1.39x	7.88x	2.28%	47.93B
KIA CORPORATION	6.9x	0.31x	2.88x	4.54%	38.78B
STELLANTIS N.V.	12.39x	0.07x	1.08x	-.--%	21.69B
SAIC MOTOR CORPORATION LIMITED	11.85x	0.02x	0.38x	2.48%	20.81B
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	15.99x	0.06x	1.14x	2.04%	11.06B
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	-72.23x	0.76x	16.88x	0.28%	8.99B
FORD OTOMOTIV SANAYI	5.95x	0.42x	6.24x	13.44%	6.67B
TOFAS TÜRK OTOMOBIL FABRIKASI ANONIM SIRKETI	8.36x	0.38x	6.78x	5.98%	3.17B
Average	7.05x	1.22x	7.66x	3.35%	26.09B
Weighted average by Cap.	17.15x	2.23x	9.44x	2.3%