Company Valuation: Colombo Dockyard PLC

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2026
Market Cap 1 5,138 5,267 4,599 3,492 48,316
Change - 2.52% -12.69% -24.06% -
Enterprise Value (EV) 1 6,887 4,689 21,586 22,625 54,463
Change - -31.92% 360.37% 4.81% -
P/E Ratio 20.6x 7.82x -0.42x -1.27x -13.4x
PBR 0.7x 0.67x 1.49x 0.66x 3.16x
PEG - 0x 0x 0x -
Capitalization / Revenue 0.3x 0.19x 0.13x 0.14x 1.67x
EV / Revenue 0.4x 0.17x 0.6x 0.89x 1.88x
EV / EBITDA 27x -2.27x -1.97x -8.16x -760x
EV / EBIT -29.7x -1.81x -1.88x -6.65x -69.3x
EV / FCF -5.46x -3.71x -1.68x -32.5x -
FCF Yield -18.3% -26.9% -59.6% -3.07% -
Dividend per Share 2 1 - - - -
Rate of return 1.4% - - - -
EPS 2 3.468 9.376 -153.4 -38.15 -9.095
Distribution rate 28.8% - - - -
Net sales 1 17,232 27,292 36,168 25,447 28,957
EBITDA 1 255.1 -2,062 -10,941 -2,773 -71.62
EBIT 1 -231.5 -2,598 -11,481 -3,404 -785.6
Net income 1 249.2 673.7 -11,024 -2,742 -2,327
Net Debt 1 1,749 -578.4 16,987 19,133 6,147
Reference price 2 71.50 73.30 64.00 48.60 122.25
Nbr of stocks (in thousands) 71,859 71,859 71,859 71,859 395,224
Announcement Date 6/6/22 3/4/23 2/6/24 6/6/25 30/4/26
1LKR in Million2LKR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 150M
13.95x0.72x5.33x2.56% 38.94B
23.13x2.72x18.31x0% 22.22B
20.9x3.27x15.89x - 21.81B
7.78x0.56x3.05x4.25% 17.94B
19.71x1.79x13.08x0.44% 14.61B
7.21x1.44x4.24x6.78% 10.31B
36.7x1.23x12.2x1.11% 5.29B
13.15x0.73x7.39x2.22% 5.19B
26.71x0.58x7.58x0.22% 4.52B
Average 18.80x 1.45x 9.67x 2.2% 14.1B
Weighted average by Cap. 17.03x 1.59x 9.85x 2.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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