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 1,178,492 - -
Change - -11.51% 66.28% -3.63% -15.1% 19.17% - -
Enterprise Value (EV) 1 810,334 716,397 1,154,239 1,084,736 901,599 1,072,418 1,047,048 1,030,656
Change - -11.59% 61.12% -6.02% -16.88% 18.95% -2.37% -1.57%
P/E 32.7x 26x 29.3x 22.1x 25.5x 28.4x 22.9x 20.3x
PBR 3.94x 3.11x 4.53x 3.73x 2.87x 3.14x 2.84x 2.57x
PEG - 2.3x 0.6x 0.8x -1x 4.04x 1x 1.6x
Capitalization / Revenue 3.77x 3.19x 4.69x 4.23x 3.51x 3.8x 3.39x 3.1x
EV / Revenue 3.72x 3.15x 4.48x 3.94x 3.2x 3.46x 3.01x 2.72x
EV / EBITDA 17.8x 14.3x 18.3x 15.2x 15.3x 17.9x 14.2x 12.5x
EV / EBIT 23.1x 18.6x 22x 18x 19.3x 23x 17.6x 15.1x
EV / FCF 29.1x 29.9x 38x 28.2x 38.5x 37.8x 28.4x 24.7x
FCF Yield 3.43% 3.35% 2.63% 3.54% 2.6% 2.64% 3.52% 4.05%
Dividend per Share 2 5 8.5 13 13 13 12.99 14.73 14.28
Rate of return 0.49% 0.94% 0.87% 0.9% 1.06% 0.89% 1.01% 0.98%
EPS 2 31.17 34.69 51.01 65.24 48 51.37 63.72 71.84
Distribution rate 16% 24.5% 25.5% 19.9% 27.1% 25.3% 23.1% 19.9%
Net sales 1 217,633 227,531 257,741 275,476 281,626 309,889 347,298 379,577
EBITDA 1 45,528 50,270 62,910 71,279 58,829 59,803 73,604 82,600
EBIT 1 35,008 38,549 52,400 60,210 46,719 46,645 59,576 68,102
Net income 1 25,168 28,019 41,216 52,725 38,792 41,350 51,420 57,963
Net Debt 1 -11,043 -10,443 -54,350 -80,010 -87,289 -106,073 -131,444 -147,836
Reference price 2 1,018.05 900.50 1,496.95 1,442.20 1,224.20 1,458.80 1,458.80 1,458.80
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
28.4x3.46x17.93x0.89% 12.35B
35.65x6.69x23.19x0.88% 48.57B
19.4x2.3x10.51x1.32% 40.99B
27.99x3.98x16.37x0.6% 12.2B
18.73x3.33x11.58x3.85% 9.08B
8.97x2.07x5.38x4.48% 7.41B
15.91x2.06x6.44x3.24% 7.13B
35.22x4.02x17.1x0.23% 6.86B
43.11x8.27x30.66x0.92% 4.73B
Average 25.93x 4.02x 15.46x 1.82% 16.59B
Weighted average by Cap. 26.88x 4.27x 16.28x 1.42%

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