Company Valuation: Morepen Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 14,462 17,488 13,127 21,500 26,220 18,521
Change - 20.93% -24.94% 63.79% 21.95% -29.36%
Enterprise Value (EV) 1 15,415 18,663 13,162 21,620 26,219 20,059
Change - 21.07% -29.48% 64.27% 21.27% -23.49%
P/E 15x 18.7x 33.4x 22.4x 21.8x 19.5x
PBR 3.4x 3.02x 1.74x 2.54x 2.27x 1.49x
PEG - -2.12x -0.6x 0x 1.3x -0.9x
Capitalization / Revenue 1.21x 1.12x 0.92x 1.26x 1.45x 1.03x
EV / Revenue 1.29x 1.2x 0.93x 1.27x 1.45x 1.11x
EV / EBITDA 12.5x 13.9x 19.2x 14x 16.2x 18.2x
EV / EBIT 15.7x 15.8x 23.5x 15.8x 18.1x 22.5x
EV / FCF -54.9x -13x -47.9x -94x -11.8x -13.5x
FCF Yield -1.82% -7.71% -2.09% -1.06% -8.51% -7.39%
Dividend per Share 2 - - - - 0.2 0.2
Rate of return - - - - 0.42% 0.59%
EPS 2 2.15 1.96 0.77 1.88 2.2 1.731
Distribution rate - - - - 9.09% 11.6%
Net sales 1 11,980 15,558 14,220 17,019 18,116 18,057
EBITDA 1 1,230 1,338 686.6 1,545 1,620 1,101
EBIT 1 981.7 1,180 560.8 1,366 1,451 891.9
Net income 1 970.9 1,017 386.8 961.6 1,180 948.8
Net Debt 1 953.1 1,174 34.98 120.5 -0.928 1,538
Reference price 2 32.15 36.60 25.68 42.06 47.85 33.80
Nbr of stocks (in thousands) 449,826 477,826 511,169 511,169 547,954 547,954
Announcement Date 4/9/21 2/9/22 4/9/23 1/8/24 12/8/25 1/9/26
1INR in Million2INR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 656M
41.42x14.01x31.06x0.48% 1,263B
39.99x6.71x18.89x1.95% 658B
36.71x8.6x17.71x2.35% 521B
21.74x5.27x13.12x2.48% 391B
97.38x6.07x25.8x2.28% 369B
23.19x5.95x14.36x2.69% 307B
24.47x4.89x13.87x1.77% 290B
29.55x7.53x13.48x2.16% 252B
-40.86x7.45x46.76x1.94% 212B
Average 30.40x 7.39x 21.67x 2.01% 426.26B
Weighted average by Cap. 36.41x 8.82x 22.82x 1.69%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Morepen Laboratories Limited

Historical PBR trend

Valuation ratios - PBR - Morepen Laboratories Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Morepen Laboratories Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Morepen Laboratories Limited

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