Company Valuation: Ambuja Cements

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 594,105 725,654 1,345,637 1,325,037 990,954 871,674 - -
Change - 22.14% 85.44% -1.53% -25.21% -12.04% - -
Enterprise Value (EV) 1 594,105 701,271 1,241,938 1,271,201 981,896 878,601 871,257 863,213
Change - 18.04% 77.1% 2.36% -22.76% -10.52% -0.84% -0.92%
P/E 31.3x 28.9x 36.7x 31.7x 21x 32.5x 22.4x 19.8x
PBR - 2.29x 3.25x 2.48x 1.67x 1.35x 1.29x 1.2x
PEG - 0.9x 1.2x 18.22x 1.7x -0.7x 0.5x 1.5x
Capitalization / Revenue 1.92x 1.86x 4.06x 3.78x 2.44x 2.02x 1.82x 1.68x
EV / Revenue 1.92x 1.8x 3.75x 3.63x 2.42x 2.03x 1.82x 1.66x
EV / EBITDA 15.3x 13.7x 19.4x 21.3x 15x 12.5x 9.82x 8.63x
EV / EBIT 22.9x 20.2x 26x 36.4x 33.1x 25x 17.4x 14.5x
EV / FCF - -20.1x 73.7x -19.7x -99.9x -169x 90.2x 59.1x
FCF Yield - -4.99% 1.36% -5.07% -1% -0.59% 1.11% 1.69%
Dividend per Share 2 - 2.5 2 2 2 2.103 2.312 2.856
Rate of return - 0.68% 0.33% 0.37% 0.5% 0.6% 0.66% 0.81%
EPS 2 9.56 12.64 16.67 16.96 19.05 10.78 15.63 17.72
Distribution rate - 19.8% 12% 11.8% 10.5% 19.5% 14.8% 16.1%
Net sales 1 309,828 389,370 331,596 350,448 406,557 431,804 478,325 518,783
EBITDA 1 38,820 51,224 63,995 59,706 65,389 70,274 88,707 100,069
EBIT 1 25,896 34,777 47,761 34,923 29,685 35,077 49,974 59,334
Net income 1 19,385 25,834 35,768 41,674 47,282 27,481 39,826 46,352
Net Debt 1 - -24,383 -103,699 -53,837 -9,058 6,928 -416.5 -8,461
Reference price 2 299.20 365.45 612.30 537.95 400.90 350.80 350.80 350.80
Nbr of stocks (in thousands) 1,985,645 1,985,645 2,197,676 2,463,123 2,471,823 2,484,817 - -
Announcement Date 2/7/23 A 5/2/23 A 5/1/24 A 4/29/25 A 5/4/26 A - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.44x2.03x12.47x0.6% 9.15B
15.2x1.77x8.7x1.82% 57.06B
18.81x2.55x10.04x2.76% 45.43B
33.54x6.06x18.42x0.69% 35.77B
34.32x3.39x18.03x1.13% 34.53B
30.24x4.63x15.74x0.8% 34.01B
11.74x1.41x6.58x2.62% 29B
16.38x2.05x8.3x1.34% 21.92B
66.91x4.15x64.3x0.34% 20.71B
14.8x4.79x9.65x2.68% 18.07B
Average 27.44x 3.28x 17.22x 1.48% 30.57B
Weighted average by Cap. 25.47x 3.22x 15.58x 1.59%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ambuja Cements

Historical PBR trend

Valuation ratios - PBR - Ambuja Cements

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ambuja Cements

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ambuja Cements


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ambuja Cements
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