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 1,154,815 - -
Change - -11.51% 66.28% -3.63% -15.1% 16.78% - -
Enterprise Value (EV) 1 810,334 716,397 1,154,239 1,084,736 901,599 1,056,063 1,029,783 1,012,716
Change - -11.59% 61.12% -6.02% -16.88% 17.13% -2.49% -1.66%
P/E 32.7x 26x 29.3x 22.1x 25.5x 27.5x 22.5x 19.9x
PBR 3.94x 3.11x 4.53x 3.73x 2.87x 3.07x 2.78x 2.52x
PEG - 2.3x 0.6x 0.8x -1x 3.29x 1x 1.6x
Capitalization / Revenue 3.77x 3.19x 4.69x 4.23x 3.51x 3.72x 3.33x 3.05x
EV / Revenue 3.72x 3.15x 4.48x 3.94x 3.2x 3.4x 2.97x 2.67x
EV / EBITDA 17.8x 14.3x 18.3x 15.2x 15.3x 17.4x 13.9x 12.2x
EV / EBIT 23.1x 18.6x 22x 18x 19.3x 22.1x 17.2x 14.9x
EV / FCF 29.1x 29.9x 38x 28.2x 38.5x 35.1x 28.5x 27x
FCF Yield 3.43% 3.35% 2.63% 3.54% 2.6% 2.85% 3.51% 3.71%
Dividend per Share 2 5 8.5 13 13 13 12.26 13.85 13.23
Rate of return 0.49% 0.94% 0.87% 0.9% 1.06% 0.86% 0.97% 0.93%
EPS 2 31.17 34.69 51.01 65.24 48 52.02 63.64 71.8
Distribution rate 16% 24.5% 25.5% 19.9% 27.1% 23.6% 21.8% 18.4%
Net sales 1 217,633 227,531 257,741 275,476 281,626 310,693 346,683 378,696
EBITDA 1 45,528 50,270 62,910 71,279 58,829 60,720 73,901 82,827
EBIT 1 35,008 38,549 52,400 60,210 46,719 47,876 60,040 67,998
Net income 1 25,168 28,019 41,216 52,725 38,792 42,010 51,552 57,741
Net Debt 1 -11,043 -10,443 -54,350 -80,010 -87,289 -98,752 -125,032 -142,099
Reference price 2 1,018.05 900.50 1,496.95 1,442.20 1,224.20 1,429.50 1,429.50 1,429.50
Nbr of stocks (in thousands) 806,814 807,151 807,367 807,617 807,783 807,845 - -
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.($)
27.48x3.4x17.39x0.86% 11.98B
35.6x6.74x23.27x0.81% 48.56B
18.17x2.06x9.66x1.32% 35.65B
27.35x4.03x16.4x0.58% 11.95B
19.62x3.43x12.34x3.39% 9.29B
8.43x1.98x5.19x5.14% 6.95B
15.54x1.99x6.68x3.34% 6.79B
34.71x3.96x16.84x0.23% 6.7B
41.18x7.89x29.26x0.96% 4.48B
Average 25.34x 3.94x 15.23x 1.85% 15.82B
Weighted average by Cap. 26.67x 4.29x 16.29x 1.4%

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