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 1,190,125 - -
Change - -11.51% 66.28% -3.63% -15.1% 20.35% - -
Enterprise Value (EV) 1 810,334 716,397 1,154,239 1,084,736 901,599 1,084,051 1,058,681 1,042,289
Change - -11.59% 61.12% -6.02% -16.88% 20.24% -2.34% -1.55%
P/E 32.7x 26x 29.3x 22.1x 25.5x 28.7x 23.1x 20.5x
PBR 3.94x 3.11x 4.53x 3.73x 2.87x 3.17x 2.87x 2.6x
PEG - 2.3x 0.6x 0.8x -1x 4.09x 1x 1.6x
Capitalization / Revenue 3.77x 3.19x 4.69x 4.23x 3.51x 3.84x 3.43x 3.14x
EV / Revenue 3.72x 3.15x 4.48x 3.94x 3.2x 3.5x 3.05x 2.75x
EV / EBITDA 17.8x 14.3x 18.3x 15.2x 15.3x 18.1x 14.4x 12.6x
EV / EBIT 23.1x 18.6x 22x 18x 19.3x 23.2x 17.8x 15.3x
EV / FCF 29.1x 29.9x 38x 28.2x 38.5x 38.2x 28.7x 25x
FCF Yield 3.43% 3.35% 2.63% 3.54% 2.6% 2.61% 3.48% 4%
Dividend per Share 2 5 8.5 13 13 13 12.76 14.4 14.28
Rate of return 0.49% 0.94% 0.87% 0.9% 1.06% 0.87% 0.98% 0.97%
EPS 2 31.17 34.69 51.01 65.24 48 51.37 63.72 71.84
Distribution rate 16% 24.5% 25.5% 19.9% 27.1% 24.8% 22.6% 19.9%
Net sales 1 217,633 227,531 257,741 275,476 281,626 309,889 347,298 379,577
EBITDA 1 45,528 50,270 62,910 71,279 58,829 59,803 73,604 82,600
EBIT 1 35,008 38,549 52,400 60,210 46,719 46,645 59,576 68,102
Net income 1 25,168 28,019 41,216 52,725 38,792 41,350 51,420 57,963
Net Debt 1 -11,043 -10,443 -54,350 -80,010 -87,289 -106,073 -131,444 -147,836
Reference price 2 1,018.05 900.50 1,496.95 1,442.20 1,224.20 1,473.20 1,473.20 1,473.20
Nbr of stocks (in thousands) 806,814 807,151 807,367 807,617 807,783 807,850 - -
Announcement Date 5/10/22 A 5/12/23 A 5/10/24 A 5/13/25 A 5/13/26 A - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.68x3.5x18.13x0.87% 12.47B
36.37x6.89x23.79x0.86% 50.03B
17.89x2.07x9.57x1.4% 36.6B
26.71x3.94x16.04x0.59% 11.77B
19x3.32x11.92x3.5% 9.04B
15.69x2.02x6.33x3.29% 7.03B
8.24x1.93x5.06x5.26% 6.79B
33.91x3.86x16.43x0.24% 6.6B
41.33x7.92x29.37x0.96% 4.53B
Average 25.31x 3.94x 15.18x 1.88% 16.1B
Weighted average by Cap. 26.89x 4.34x 16.45x 1.44%

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