Company Valuation: Ircon International Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 41,524 37,433 52,669 2,06,584 1,47,172 1,42,479 - -
Change - -9.85% 40.7% 292.23% -28.76% -3.19% - -
Enterprise Value (EV) 1 41,524 37,433 52,669 2,06,584 1,47,172 1,03,619 1,42,479 1,42,479
Change - -9.85% 40.7% 292.23% -28.76% -29.59% 37.5% 0%
P/E ratio 10.3x 7.52x 6.78x 24x 20x 23.7x 18.8x 17.8x
PBR 0.47x 0.81x - 3.58x 2.36x 2.13x 1.98x 1.83x
PEG - 0.3x 0.1x 2.2x -1.4x -1.3x 0.7x 3.14x
Capitalization / Revenue 0.84x 0.54x - 1.73x 1.44x 1.66x 1.37x 1.25x
EV / Revenue 0.84x 0.54x - 1.73x 1.44x 1.2x 1.37x 1.25x
EV / EBITDA 11.5x 9.93x - 27x 30.7x 27.9x 25.5x 24x
EV / EBIT 12.4x 10.7x - 28.4x 33.4x 22.2x 25.5x 25.1x
EV / FCF - - - - - -9.58x -16.7x -60x
FCF Yield - - - - - -10.4% -5.97% -1.67%
Dividend per Share 2 - - - 3.1 2.65 2.4 2.95 2.967
Rate of return - - - 1.41% 1.69% 1.58% 1.95% 1.96%
EPS 2 4.3 5.29 8.26 9.17 7.84 6.4 8.075 8.533
Distribution rate - - - 33.8% 33.8% 37.5% 36.5% 34.8%
Net sales 1 49,478 69,102 - 1,19,504 1,01,931 86,056 1,04,016 1,14,026
EBITDA 1 3,610 3,771 - 7,639 4,792 3,715 5,596 5,932
EBIT 1 3,362 3,496 - 7,277 4,409 4,675 5,584 5,684
Net income 1 4,046 5,443 7,768 8,629 7,376 5,994 7,597 8,029
Net Debt 1 - - - - - -38,860 - -
Reference price 2 44.15 39.80 56.00 219.65 156.48 151.49 151.49 151.49
Nbr of stocks (in thousands) 9,40,516 9,40,516 9,40,516 9,40,516 9,40,516 9,40,516 - -
Announcement Date 30/06/21 27/05/22 24/05/23 21/05/24 21/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.67x1.2x27.89x1.58% 153.2Cr
68.33x2.85x27.76x0.07% 9.08TCr
15.02x1.22x6.71x3.92% 8.91TCr
31.97x2.26x21.72x1% 5.99TCr
45.9x5.23x31.33x0.16% 5.9TCr
60.54x5.04x32.11x1.39% 5.14TCr
34.92x0.8x13.8x1.81% 4.1TCr
29.84x0.59x9.45x1.94% 3.76TCr
29.49x1.95x18.57x0.16% 3.7TCr
5.38x0.31x5.5x5.56% 2.96TCr
Average 34.51x 2.15x 19.49x 1.76% 4.97TCr
Weighted average by Cap. 38.47x 2.43x 19.59x 1.64%

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 Ircon International Limited