Valuation Maruti Suzuki India Ltd

Equities

Market Closed - NSE India S.E. Other stock markets 11:05:04 12/02/2026 GMT			5-day change	1st Jan Change
15,326.00 ^INR	-0.56%		+1.69%	-8.21%

02-11	India's Ashok Leyland misses quarterly profit view as higher costs hurt	RE
02-06	India drops small car concession in new fuel emission rules	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	4,818,534	-	-
Change	-	10.24%	9.67%	58.15%	-8.56%	33.01%	-	-
Enterprise Value (EV) ¹	1,622,275	1,856,479	2,504,893	3,919,089	3,563,290	4,044,297	3,932,968	3,786,340
Change	-	14.44%	34.93%	56.46%	-9.08%	13.5%	-2.75%	-3.73%
P/E ratio	49x	60.6x	31.1x	29.2x	26x	31.1x	26.3x	22.9x
PBR	4.03x	4.22x	4.15x	4.72x	3.85x	4.6x	4.1x	3.62x
PEG	-	-5.5x	0x	0.5x	8.77x	2.8x	1.4x	1.5x
Capitalization / Revenue	2.95x	2.59x	2.13x	2.81x	2.38x	2.68x	2.35x	2.1x
EV / Revenue	2.31x	2.1x	2.13x	2.78x	2.35x	2.25x	1.92x	1.65x
EV / EBITDA	30.3x	32.6x	22.8x	23.9x	20x	19x	15.6x	13.1x
EV / EBIT	70.1x	63.7x	30.6x	29.3x	24.4x	26.8x	21.6x	17.8x
EV / FCF	24.2x	-131x	80.5x	46.4x	62.9x	35.4x	27.8x	22.4x
FCF Yield	4.13%	-0.76%	1.24%	2.15%	1.59%	2.83%	3.6%	4.46%
Dividend per Share ²	45	60	90	125	135	152.7	176.7	198.8
Rate of return	0.66%	0.79%	1.09%	0.99%	1.17%	1%	1.15%	1.3%
EPS ²	140	124.7	266.5	431.1	443.9	492.3	582.4	670.7
Distribution rate	32.1%	48.1%	33.8%	29%	30.4%	31%	30.3%	29.6%
Net sales ¹	703,325	882,956	1,175,229	1,409,326	1,519,001	1,800,766	2,048,979	2,291,772
EBITDA ¹	53,453	57,012	110,077	164,011	177,852	213,307	251,637	289,622
EBIT ¹	23,138	29,147	81,844	133,788	146,259	151,154	182,485	212,503
Net income ¹	42,297	37,663	80,492	132,094	139,552	154,183	182,434	209,651
Net Debt ¹	-449,753	-427,639	-	-42,493	-59,304	-774,237	-885,566	-1,032,194
Reference price ²	6,859.20	7,561.30	8,292.15	12,600.35	11,522.15	15,326.00	15,326.00	15,326.00
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	-	-	-

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	31.31x	2.26x	19.09x	0.99%	53.39B
FERRARI N.V.	36.26x	8.21x	21.33x	1%	67.81B
PORSCHE AG	95.22x	1.2x	8.5x	2.46%	44.51B
KIA CORPORATION	8.27x	0.39x	3.65x	3.85%	42.81B
SAIC MOTOR CORPORATION LIMITED	15.06x	0.09x	2.08x	2.21%	23.98B
STELLANTIS N.V.	-0.9x	0.07x	1.39x	0.75%	22.06B
CHERY AUTOMOBILE CO., LTD.	7.58x	0.4x	4.68x	-	21.34B
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	22.06x	0.23x	4.01x	1.74%	14.25B
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	-24.38x	0.78x	-29.79x	0.63%	11.08B
FORD OTOMOTIV SANAYI	12.39x	0.65x	10.33x	6.05%	9.67B
Average	20.29x	1.43x	4.53x	2.19%	31.09B
Weighted average by Cap.	30.20x	2.50x	9.67x	1.92%