Valuation Maruti Suzuki India Ltd

Equities

Market Closed - NSE India S.E. Other stock markets 12:43:57 10/09/2024 BST			5-day change	1st Jan Change
12,263.40 ^INR	+0.97%		-1.32%	+19.03%

09-06	Exclusive-India's Reliance Infra weighs EV push, taps ex-BYD exec, sources say	RE
09-05	Indian car dealers worry about offering deeper discounts as sales slow	RE

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	1,295,410	2,072,028	2,284,118	2,504,893	3,961,582	3,855,645	-	-
Change	-	59.95%	10.24%	9.67%	58.15%	-2.67%	-	-
Enterprise Value (EV) ¹	926,551	1,622,275	1,856,479	2,504,893	3,919,089	3,126,683	3,077,725	2,981,623
Change	-	75.09%	14.44%	34.93%	56.46%	-20.22%	-1.57%	-3.12%
P/E ratio	22.9x	49x	60.6x	31.1x	29.2x	25.1x	22.5x	20.8x
PBR	2.67x	4.03x	4.22x	4.15x	4.72x	4.05x	3.62x	3.17x
PEG	-	-1.9x	-5.5x	0x	0.5x	1.9x	1.9x	2.54x
Capitalization / Revenue	1.71x	2.95x	2.59x	2.13x	2.81x	2.5x	2.24x	2.05x
EV / Revenue	1.23x	2.31x	2.1x	2.13x	2.78x	2.03x	1.79x	1.59x
EV / EBITDA	12.7x	30.3x	32.6x	22.8x	23.9x	16.3x	14.1x	12.5x
EV / EBIT	24.5x	70.1x	63.7x	30.6x	29.3x	19.8x	17.3x	15.4x
EV / FCF	438x	24.2x	-131x	80.5x	46.4x	36.3x	29.4x	26.9x
FCF Yield	0.23%	4.13%	-0.76%	1.24%	2.15%	2.76%	3.41%	3.72%
Dividend per Share ²	60	45	60	90	125	150.8	168.7	182.7
Rate of return	1.4%	0.66%	0.79%	1.09%	0.99%	1.23%	1.38%	1.49%
EPS ²	187.1	140	124.7	266.5	431.1	487.8	545.8	590.5
Distribution rate	32.1%	32.1%	48.1%	33.8%	29%	30.9%	30.9%	30.9%
Net sales ¹	756,106	703,325	882,956	1,175,229	1,409,326	1,540,087	1,720,184	1,879,418
EBITDA ¹	73,026	53,453	57,012	110,077	164,011	192,227	218,361	238,365
EBIT ¹	37,769	23,138	29,147	81,844	133,788	158,057	177,924	193,254
Net income ¹	56,506	42,297	37,663	80,492	132,094	153,126	171,404	184,808
Net Debt ¹	-368,859	-449,753	-427,639	-	-42,493	-728,962	-777,919	-874,021
Reference price ²	4,288.30	6,859.20	7,561.30	8,292.15	12,600.35	12,263.40	12,263.40	12,263.40
Nbr of stocks (in thousands)	302,080	302,080	302,080	302,080	314,403	314,403	-	-
Announcement Date	13/05/20	27/04/21	30/04/22	26/04/23	26/04/24	-	-	-

¹INR in Million²INR

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
MARUTI SUZUKI INDIA LTD	24.91x	2.01x	16.07x	+1.24%	45.48B
BYD COMPANY LIMITED	17.56x	0.79x	6.7x	+1.59%	96.61B
FERRARI N.V.	53.05x	11.8x	30.68x	+0.61%	84.75B
PORSCHE AG	14.15x	1.62x	6.7x	+3.29%	66.75B
STELLANTIS N.V.	3.5x	0.09x	0.66x	+9.38%	45.19B
KIA CORPORATION	3.74x	0.17x	1.16x	+6.20%	29.4B
SAIC MOTOR CORPORATION LIMITED	11.33x	0.18x	4.07x	+2.56%	19.5B
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	14.45x	0.25x	3.6x	+1.64%	14.47B
FORD OTOMOTIV SANAYI	6.09x	0.67x	9.33x	+12.46%	9.45B
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	8.04x	0.41x	4.9x	+5.40%	8.47B
Average	15.68x	1.80x	8.39x	+4.44%	42.01B
Weighted average by Cap.	21.65x	3.10x	11.31x	+3.15%