Company Valuation: Cholamandalam Investment and Finance Company Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,89,754 6,26,066 9,71,508 12,78,412 11,53,531 15,41,511 - -
Change - 6.16% 55.18% 31.59% -9.77% 33.63% - -
Enterprise Value (EV) 1 5,89,754 15,70,012 22,73,042 29,33,867 31,16,082 39,33,198 44,82,309 51,46,324
Change - 166.21% 44.78% 29.07% 6.21% 26.22% 13.96% 14.81%
P/E 27.5x 23.5x 28.1x 30.1x 21.9x 22.6x 18.8x 15.3x
PBR 5.04x 4.38x 4.97x 5.41x 3.8x 4.09x 3.35x 2.76x
PEG - 1x 1x 1.3x 1x 0.8x 0.9x 0.7x
Capitalization / Revenue 10.1x 8.66x 9.73x 9.42x 6.76x 7.39x 6.15x 5.06x
EV / Revenue 10.1x 21.7x 22.8x 21.6x 18.3x 18.9x 17.9x 16.9x
EV / EBITDA 21.1x 46.5x 54x 54.1x 46x 44.1x 43.1x 40.7x
EV / EBIT 15.6x 123x 38.5x 35.6x 29.7x 30.3x 28.6x 26.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2 2 2 2 2 2.736 3.194 4.113
Rate of return 0.28% 0.26% 0.17% 0.13% 0.15% 0.15% 0.18% 0.23%
EPS 2 26.11 32.4 41.09 50.55 61.68 79.91 95.86 117.8
Distribution rate 7.66% 6.17% 4.87% 3.96% 3.24% 3.42% 3.33% 3.49%
Net sales 1 58,400 72,292 99,857 1,35,699 1,70,706 2,08,581 2,50,745 3,04,535
EBITDA 1 28,005 33,788 42,110 54,277 67,789 89,190 1,04,108 1,26,432
EBIT 1 37,712 12,731 59,039 82,311 1,04,965 1,29,654 1,56,668 1,91,991
Net income 1 21,467 26,662 34,228 42,585 52,196 68,667 82,817 1,02,235
Net Debt 1 - 9,43,946 13,01,534 16,55,454 19,62,552 23,91,686 29,40,797 36,04,813
Reference price 2 718.30 761.60 1,156.60 1,519.55 1,353.85 1,805.00 1,805.00 1,805.00
Nbr of stocks (in thousands) 8,21,041 8,22,040 8,39,969 8,41,310 8,52,037 8,54,023 - -
Announcement Date 05/05/22 03/05/23 30/04/24 25/04/25 30/04/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.59x18.86x44.1x0.15% 1.64TCr
17.57x - - 1.18% 22TCr
11.23x2.37x3.73x1.63% 12TCr
26.09x17.3x - 0.67% 7.15TCr
29.76x5.8x21.79x-.--% 4.1TCr
23.38x4.93x25.34x0.08% 3.14TCr
15.97x11.17x21.39x1.25% 2.43TCr
7.54x1.73x3.19x1.77% 2.24TCr
26.68x3.74x11.37x-.--% 2.11TCr
Average 20.09x 8.24x 18.70x 0.75% 6TCr
Weighted average by Cap. 18.55x 7.53x 13.40x 1.01%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cholamandalam Investment and Finance Company Limited

Historical PBR trend

Valuation ratios - PBR - Cholamandalam Investment and Finance Company Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cholamandalam Investment and Finance Company Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cholamandalam Investment and Finance Company Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cholamandalam Investment and Finance Company Limited
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