Valuation Tata Motors Limited

Equities

500570

INE155A01022

Auto & Truck Manufacturers

Market Closed - Bombay S.E. Other stock markets 09:38:56 12/05/2026 am IST			5-day change	1st Jan Change
340.80 ^INR	-1.53%		+0.16%	-7.28%

07/05	Deals of the day-Mergers and acquisitions	RE
07/05	Iveco Expects $4.5 Billion Acquisition by Tata Motors to Close by Third Quarter	DJ

Company Valuation: Tata Motors Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	10,67,374	15,44,487	15,03,057	36,35,068	24,81,413	12,74,491	-	-
Change	-	44.7%	-2.68%	141.85%	-31.74%	-48.64%	-	-
Enterprise Value (EV) ¹	17,47,205	25,34,566	23,89,506	41,62,002	26,98,063	16,44,685	16,19,168	15,77,898
Change	-	45.06%	-5.72%	74.18%	-35.17%	-39.04%	-1.55%	-2.55%
P/E ratio	-8.16x	-14.5x	66.9x	12.1x	8.56x	-110x	10.2x	7.4x
PBR	2.09x	3.23x	3.55x	4.48x	2.02x	1.08x	0.98x	0.87x
PEG	-	0.8x	-1x	0x	-2.24x	1x	-0x	0.2x
Capitalization / Revenue	0.43x	0.55x	0.43x	0.83x	0.56x	0.37x	0.32x	0.29x
EV / Revenue	0.7x	0.91x	0.69x	0.95x	0.61x	0.48x	0.4x	0.36x
EV / EBITDA	5.72x	10.2x	7.15x	6.99x	4.89x	7.65x	4x	3.22x
EV / EBIT	24.9x	-6,865x	34.4x	12.9x	8.44x	49.3x	9.47x	7.04x
EV / FCF	19.9x	-286x	13.8x	11.4x	10.8x	-4.69x	14.2x	12.6x
FCF Yield	5.03%	-0.35%	7.24%	8.77%	9.29%	-21.3%	7.04%	7.91%
Dividend per Share ²	-	-	2	3	6	3.155	4.614	5.451
Rate of return	-	-	0.48%	0.3%	0.89%	0.91%	1.33%	1.57%
EPS ²	-36.99	-29.88	6.29	81.88	78.75	-3.143	34.01	46.74
Distribution rate	-	-	31.8%	3.66%	7.62%	-100%	13.6%	11.7%
Net sales ¹	24,97,948	27,84,536	34,59,670	43,79,278	43,96,950	34,06,800	40,16,459	43,71,031
EBITDA ¹	3,05,573	2,47,988	3,34,063	5,95,622	5,52,160	2,15,128	4,05,195	4,89,794
EBIT ¹	70,086	-369.2	69,554	3,22,920	3,19,600	33,378	1,71,058	2,24,274
Net income ¹	-1,34,514	-1,14,415	24,143	3,13,991	2,78,300	2,62,440	1,30,901	1,75,485
Net Debt ¹	6,79,831	9,90,078	8,86,449	5,26,934	2,16,650	3,70,194	3,44,677	3,03,407
Reference price ²	301.85	433.50	420.60	993.00	674.05	346.10	346.10	346.10
Nbr of stocks (in thousands)	38,28,811	38,29,165	38,29,847	38,32,242	36,81,349	36,82,436	-	-
Announcement Date	18/05/21	12/05/22	12/05/23	10/05/24	13/05/25	-	-	-

¹INR in Million²INR

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TATA MOTORS LIMITED	-113.07x	0.49x	7.8x	0.89%	1.39TCr
TOYOTA MOTOR CORPORATION	10.02x	1.31x	12.12x	3.31%	24TCr
HYUNDAI MOTOR COMPANY	13.72x	1.42x	15.52x	1.84%	9.62TCr
GENERAL MOTORS COMPANY	6.6x	0.34x	2.74x	0.93%	7.11TCr
BMW AG	7.75x	0.02x	0.14x	4.97%	5.85TCr
MERCEDES-BENZ GROUP AG	8.37x	0.15x	1.37x	6.87%	5.55TCr
VOLKSWAGEN AG	4.37x	0.03x	0.22x	6.87%	5.26TCr
FORD MOTOR COMPANY	22.24x	0.26x	3.49x	4.89%	4.91TCr
MAHINDRA & MAHINDRA LIMITED	25.84x	2.43x	16.71x	0.87%	3.94TCr
HONDA MOTOR CO., LTD.	-15.28x	0.58x	12.06x	5.54%	3.15TCr
Average	-2.94x	0.70x	7.22x	3.7%	7.1TCr
Weighted average by Cap.	7.64x	0.88x	8.51x	3.58%