Company Valuation: Cello World Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2024 2025 2026 2027 2028
Capitalization 1 1,64,267 1,20,658 93,744 - -
Change - -26.55% -22.31% - -
Enterprise Value (EV) 1 1,66,159 1,14,146 85,567 83,884 81,965
Change - -31.3% -25.04% -1.97% -2.29%
P/E ratio 49.6x 35.2x 28.7x 23.5x 20x
PBR 14.3x 5.57x 3.76x 3.33x 2.93x
PEG 2.7x -54.91x -6.14x 1.1x 1.1x
Capitalization / Revenue 8.21x 5.65x 4.09x 3.65x 3.23x
EV / Revenue 8.31x 5.34x 3.74x 3.27x 2.82x
EV / EBITDA 32.6x 22.4x 18x 15.1x 12.7x
EV / EBIT 36.7x 25.5x 21x 17.4x 14.6x
EV / FCF -493x 120x 37.5x 30.1x 26.4x
FCF Yield -0.2% 0.83% 2.67% 3.33% 3.78%
Dividend per Share 2 1.5 1.5 2 1.925 2.175
Rate of return 0.19% 0.27% 0.47% 0.45% 0.51%
EPS 2 15.6 15.5 14.78 18.05 21.27
Distribution rate 9.62% 9.68% 13.5% 10.7% 10.2%
Net sales 1 20,003 21,364 22,898 25,692 29,017
EBITDA 1 5,092 5,104 4,745 5,547 6,431
EBIT 1 4,525 4,481 4,076 4,810 5,602
Net income 1 3,311 3,388 3,205 3,798 4,447
Net Debt 1 1,892 -6,512 -8,176 -9,860 -11,779
Reference price 2 774.00 546.25 424.40 424.40 424.40
Nbr of stocks (in thousands) 2,12,231 2,20,885 2,20,885 - -
Announcement Date 23/05/24 23/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
28.92x3.76x18.17x0.47% 100.88Cr
12.9x1.16x10.16x5.49% 8.78TCr
9.28x0.51x5.17x5.86% 2.72TCr
21.41x2.3x12.72x1.49% 1.67TCr
59.77x4.26x41.94x - 1.17TCr
13.95x1.02x6.36x3.06% 592.61Cr
16.85x1.51x12.96x5.49% 548.41Cr
33.9x - - - 371.77Cr
12.03x0.58x5.1x5.48% 315.54Cr
14.04x0.66x4.76x2.85% 302.45Cr
Average 22.30x 1.75x 13.04x 3.77% 1.66TCr
Weighted average by Cap. 17.21x 1.39x 11.69x 4.93%

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

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  4. Valuation Cello World Limited