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 1,125,335 - -
Change - -11.51% 66.28% -3.63% -15.1% 13.8% - -
Enterprise Value (EV) 1 810,334 716,397 1,154,239 1,084,736 901,599 1,020,921 995,281 1,000,498
Change - -11.59% 61.12% -6.02% -16.88% 13.23% -2.51% 0.52%
P/E 32.7x 26x 29.3x 22.1x 25.5x 27.2x 21.9x 19.5x
PBR 3.94x 3.11x 4.53x 3.73x 2.87x 2.99x 2.71x 2.46x
PEG - 2.3x 0.6x 0.8x -1x 4.11x 0.9x 1.6x
Capitalization / Revenue 3.77x 3.19x 4.69x 4.23x 3.51x 3.64x 3.25x 2.98x
EV / Revenue 3.72x 3.15x 4.48x 3.94x 3.2x 3.3x 2.87x 2.65x
EV / EBITDA 17.8x 14.3x 18.3x 15.2x 15.3x 17.1x 13.5x 12.2x
EV / EBIT 23.1x 18.6x 22x 18x 19.3x 22x 16.7x 14.9x
EV / FCF 29.1x 29.9x 38x 28.2x 38.5x 37.4x 29x 25.7x
FCF Yield 3.43% 3.35% 2.63% 3.54% 2.6% 2.68% 3.45% 3.89%
Dividend per Share 2 5 8.5 13 13 13 11.69 13.84 14.04
Rate of return 0.49% 0.94% 0.87% 0.9% 1.06% 0.84% 0.99% 1.01%
EPS 2 31.17 34.69 51.01 65.24 48 51.18 63.52 71.27
Distribution rate 16% 24.5% 25.5% 19.9% 27.1% 22.9% 21.8% 19.7%
Net sales 1 217,633 227,531 257,741 275,476 281,626 309,024 346,750 377,997
EBITDA 1 45,528 50,270 62,910 71,279 58,829 59,651 73,614 82,038
EBIT 1 35,008 38,549 52,400 60,210 46,719 46,438 59,649 67,299
Net income 1 25,168 28,019 41,216 52,725 38,792 41,478 51,508 57,407
Net Debt 1 -11,043 -10,443 -54,350 -80,010 -87,289 -104,414 -130,054 -124,837
Reference price 2 1,018.05 900.50 1,496.95 1,442.20 1,224.20 1,393.00 1,393.00 1,393.00
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.($)
27.22x3.3x17.11x0.84% 11.62B
35.81x6.76x23.37x0.81% 48.41B
17.97x2.03x9.59x1.33% 34.99B
26.4x3.9x15.87x0.6% 11.47B
19.11x3.34x11.98x3.48% 8.99B
15.88x2.04x6.86x3.27% 6.88B
8.14x1.9x4.98x5.33% 6.62B
33.47x3.81x16.2x0.24% 6.43B
41.02x7.86x29.15x0.96% 4.44B
Average 25.00x 3.88x 15.01x 1.87% 15.54B
Weighted average by Cap. 26.55x 4.27x 16.22x 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