Company Valuation: Lumax Auto Technologies Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 11,055 11,420 18,328 32,934 36,802 1,18,329 - -
Change - 3.3% 60.49% 79.7% 11.74% 221.53% - -
Enterprise Value (EV) 1 11,055 11,420 22,282 39,173 43,933 1,18,337 1,18,336 1,18,336
Change - 3.3% 95.12% 75.81% 12.15% 169.36% -0% -0%
P/E ratio 23.5x 16.5x 19.7x 25.3x 20.7x 46.1x 34.4x 26.6x
PBR 2.08x 2.1x 2.77x 4.17x 3.94x 10.2x 8.1x 6.3x
PEG - 0.3x 0.6x 0.6x 0.6x 1x 1x 0.9x
Capitalization / Revenue 1x 0.76x 0.99x 1.17x 1.01x 2.5x 2.13x 1.83x
EV / Revenue 1x 0.76x 1.21x 1.39x 1.21x 2.5x 2.13x 1.83x
EV / EBITDA 11.3x 7.58x 11.1x 10.6x 9.45x 18.7x 15x 12.4x
EV / EBIT 17.3x 10.3x 15.1x 15.7x 13.1x 24.9x 19.4x 15.5x
EV / FCF 19.7x 28.1x 37.2x 23.5x 39.9x 135x 38.4x 27.2x
FCF Yield 5.07% 3.56% 2.69% 4.25% 2.51% 0.74% 2.61% 3.68%
Dividend per Share 2 3 3.5 4.5 5.5 5.5 7.333 10.33 11.33
Rate of return 1.85% 2.09% 1.67% 1.14% 1.02% 0.42% 0.6% 0.65%
EPS 2 6.91 10.18 13.63 19.1 26.08 37.65 50.46 65.16
Distribution rate 43.4% 34.4% 33% 28.8% 21.1% 19.5% 20.5% 17.4%
Net sales 1 11,079 15,079 18,475 28,217 36,367 47,245 55,579 64,817
EBITDA 1 979.2 1,507 2,003 3,681 4,648 6,312 7,898 9,547
EBIT 1 637.7 1,112 1,480 2,501 3,361 4,755 6,095 7,610
Net income 1 471.3 694.1 928.8 1,302 1,778 2,567 3,439 4,441
Net Debt 1 - - 3,955 6,239 7,131 8.8 7.8 7.1
Reference price 2 162.20 167.55 268.90 483.20 539.95 1,736.10 1,736.10 1,736.10
Nbr of stocks (in thousands) 68,158 68,158 68,158 68,158 68,158 68,158 - -
Announcement Date 12/06/21 12/05/22 30/05/23 27/05/24 29/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
46.11x2.5x18.75x0.42% 125.29Cr
28.15x1.84x15.11x1.11% 5.63TCr
21.75x0.93x6.75x2.67% 4.28TCr
12.52x0.66x5.31x3.38% 3.3TCr
10.68x0.66x8.72x1.37% 3.11TCr
15.21x2.81x9.94x3.89% 2.27TCr
10.22x0.49x4.87x3.14% 1.72TCr
36.44x3.32x19.9x0.84% 1.71TCr
11.69x1.04x5.92x4.61% 1.66TCr
34.32x1.2x13.26x0.64% 1.47TCr
Average 22.71x 1.55x 10.85x 2.21% 2.53TCr
Weighted average by Cap. 20.43x 1.40x 10.10x 2.27%

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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