Company Valuation: JSW Energy Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 1,44,443 4,91,264 3,94,824 8,67,994 9,38,378 8,33,632 - -
Change - 240.11% -19.63% 119.84% 8.11% -11.16% - -
Enterprise Value (EV) 1 2,02,891 5,55,426 6,16,624 11,41,657 13,93,278 15,11,905 15,95,791 17,39,838
Change - 173.76% 11.02% 85.15% 22.04% 8.51% 5.55% 9.03%
P/E ratio 18.2x 28.5x 26.8x 50.5x 48.1x 30.5x 28.6x 21.9x
PBR 1x 2.81x 2.13x 4.18x 3.43x 2.71x 2.47x 2.24x
PEG - 0x -1.9x 3.1x 7.09x 0.8x 4.13x 0.7x
Capitalization / Revenue 2.09x 6.02x 3.82x 7.56x 7.99x 3.95x 3.43x 3.02x
EV / Revenue 2.93x 6.8x 5.97x 9.94x 11.9x 7.17x 6.56x 6.3x
EV / EBITDA 6.98x 18.7x 18x 21.1x 26.7x 14.2x 12.2x 10.9x
EV / EBIT 11.7x 30.1x 27.4x 30.3x 39.1x 20.2x 17.2x 15.1x
EV / FCF 6.22x 84.4x -28.7x -63.5x -48.5x -7.58x -15.9x -14.2x
FCF Yield 16.1% 1.18% -3.49% -1.58% -2.06% -13.2% -6.28% -7.04%
Dividend per Share 2 2 2 2 2 2 2.46 2.735 3.214
Rate of return 2.27% 0.67% 0.83% 0.38% 0.37% 0.52% 0.58% 0.68%
EPS 2 4.84 10.5 8.99 10.47 11.18 15.54 16.62 21.66
Distribution rate 41.3% 19% 22.2% 19.1% 17.9% 15.8% 16.5% 14.8%
Net sales 1 69,222 81,672 1,03,318 1,14,859 1,17,454 2,10,994 2,43,267 2,75,949
EBITDA 1 29,066 29,733 34,211 53,983 52,208 1,06,826 1,30,334 1,59,606
EBIT 1 17,396 18,423 22,519 37,649 35,662 74,917 93,049 1,15,210
Net income 1 7,955 17,286 14,778 17,227 19,509 25,042 28,291 36,223
Net Debt 1 58,448 64,161 2,21,800 2,73,664 4,54,900 6,78,273 7,62,159 9,06,206
Reference price 2 87.95 298.90 240.70 528.90 537.70 474.70 474.70 474.70
Nbr of stocks (in thousands) 16,42,329 16,43,574 16,40,315 16,41,130 17,45,170 17,56,124 - -
Announcement Date 25/06/21 03/05/22 23/05/23 07/05/24 15/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.54x7.17x14.15x0.52% 920.4Cr
6.06x1.65x6.58x8.18% 1.44TCr
9.23x1.24x5.55x4.31% 962.69Cr
12.6x - - 3.94% 536.84Cr
11.03x2.61x10.84x5.38% 535.33Cr
108.67x - - -.--% 514.77Cr
46.32x4.87x16.61x1.79% 502.77Cr
8.79x - - - 494.21Cr
8.43x - - - 419.45Cr
Average 26.85x 3.51x 10.75x 3.45% 702.9Cr
Weighted average by Cap. 23.00x 3.21x 9.63x 4.12%

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. Equities
  3. JSWENERGY Stock
  4. Valuation JSW Energy Limited