Company Valuation: Cipla Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 821,377 726,839 1,208,588 1,164,745 988,887 1,139,553 - -
Change - -11.51% 66.28% -3.63% -15.1% 15.24% - -
Enterprise Value (EV) 1 810,334 716,397 1,154,239 1,084,736 901,599 1,033,469 1,008,119 991,809
Change - -11.59% 61.12% -6.02% -16.88% 14.63% -2.45% -1.62%
P/E 32.7x 26x 29.3x 22.1x 25.5x 27.4x 22.1x 19.7x
PBR 3.94x 3.11x 4.53x 3.73x 2.87x 3.03x 2.75x 2.49x
PEG - 2.3x 0.6x 0.8x -1x 3.69x 0.9x 1.7x
Capitalization / Revenue 3.77x 3.19x 4.69x 4.23x 3.51x 3.68x 3.28x 3x
EV / Revenue 3.72x 3.15x 4.48x 3.94x 3.2x 3.33x 2.9x 2.62x
EV / EBITDA 17.8x 14.3x 18.3x 15.2x 15.3x 17.2x 13.7x 12.1x
EV / EBIT 23.1x 18.6x 22x 18x 19.3x 22.1x 16.9x 14.6x
EV / FCF 29.1x 29.9x 38x 28.2x 38.5x 37.3x 27.4x 23.8x
FCF Yield 3.43% 3.35% 2.63% 3.54% 2.6% 2.68% 3.65% 4.2%
Dividend per Share 2 5 8.5 13 13 13 12.74 14.39 14.26
Rate of return 0.49% 0.94% 0.87% 0.9% 1.06% 0.9% 1.02% 1.01%
EPS 2 31.17 34.69 51.01 65.24 48 51.57 63.85 71.44
Distribution rate 16% 24.5% 25.5% 19.9% 27.1% 24.7% 22.5% 20%
Net sales 1 217,633 227,531 257,741 275,476 281,626 309,929 347,245 379,247
EBITDA 1 45,528 50,270 62,910 71,279 58,829 59,955 73,615 82,261
EBIT 1 35,008 38,549 52,400 60,210 46,719 46,846 59,584 67,706
Net income 1 25,168 28,019 41,216 52,725 38,792 41,510 51,524 57,616
Net Debt 1 -11,043 -10,443 -54,350 -80,010 -87,289 -106,084 -131,434 -147,745
Reference price 2 1,018.05 900.50 1,496.95 1,442.20 1,224.20 1,410.60 1,410.60 1,410.60
Nbr of stocks (in thousands) 806,814 807,151 807,367 807,617 807,783 807,850 - -
Announcement Date 10/5/22 12/5/23 10/5/24 13/5/25 13/5/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.36x3.33x17.22x0.88% 11.83B
35.57x6.72x23.2x0.82% 48.36B
18.36x2.08x9.81x1.3% 35.8B
26.28x3.88x15.8x0.6% 11.48B
19.15x3.34x12x3.48% 9.01B
16.13x2.08x6.99x3.22% 6.99B
8.12x1.9x4.97x5.34% 6.7B
33.27x3.78x16.1x0.24% 6.42B
40.18x7.7x28.54x0.98% 4.37B
Average 24.94x 3.87x 14.96x 1.87% 15.66B
Weighted average by Cap. 26.48x 4.25x 16.15x 1.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CIPLA Stock
  4. Valuation Cipla Limited