Valuation Tata Motors Limited

Equities

TMPV

INE155A01022

Auto & Truck Manufacturers

Market Closed - Bombay S.E. Other stock markets 03:57:57 13/03/2026 pm IST			5-day change	1st Jan Change
314.30 ^INR	-3.13%		-10.38%	-14.48%

13/03	Radhakishan Shivkishan Damani sold 1.6 mln shares in Tata Motors passenger vehicles via block deal on BSE	RE
13/03	Tata Motors Bags Orders to Supply 5,000 Buses from State Transport Undertakings in India; Shares Down 5%	MT

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	11,57,371	-	-
Change	-	44.7%	-2.68%	141.85%	-31.74%	-53.36%	-	-
Enterprise Value (EV) ¹	17,47,205	25,34,566	23,89,506	41,62,002	26,98,063	15,20,288	14,54,609	13,72,845
Change	-	45.06%	-5.72%	74.18%	-35.17%	-43.65%	-4.32%	-5.62%
P/E ratio	-8.16x	-14.5x	66.9x	12.1x	8.56x	1.33x	8.44x	6.28x
PBR	2.09x	3.23x	3.55x	4.48x	2.02x	1x	0.88x	0.8x
PEG	-	0.8x	-1x	0x	-2.24x	0x	-0.1x	0.2x
Capitalization / Revenue	0.43x	0.55x	0.43x	0.83x	0.56x	0.33x	0.29x	0.26x
EV / Revenue	0.7x	0.91x	0.69x	0.95x	0.61x	0.44x	0.36x	0.31x
EV / EBITDA	5.72x	10.2x	7.15x	6.99x	4.89x	6.82x	3.45x	2.69x
EV / EBIT	24.9x	-6,865x	34.4x	12.9x	8.44x	45.3x	7.81x	5.84x
EV / FCF	19.9x	-286x	13.8x	11.4x	10.8x	-4.37x	13x	8.99x
FCF Yield	5.03%	-0.35%	7.24%	8.77%	9.29%	-22.9%	7.7%	11.1%
Dividend per Share ²	-	-	2	3	6	3.274	5.121	5.682
Rate of return	-	-	0.48%	0.3%	0.89%	1.04%	1.63%	1.81%
EPS ²	-36.99	-29.88	6.29	81.88	78.75	235.6	37.25	50.08
Distribution rate	-	-	31.8%	3.66%	7.62%	1.39%	13.7%	11.3%
Net sales ¹	24,97,948	27,84,536	34,59,670	43,79,278	43,96,950	34,62,843	40,55,203	44,32,680
EBITDA ¹	3,05,573	2,47,988	3,34,063	5,95,622	5,52,160	2,22,871	4,21,602	5,09,811
EBIT ¹	70,086	-369.2	69,554	3,22,920	3,19,600	33,577	1,86,233	2,35,038
Net income ¹	-1,34,514	-1,14,415	24,143	3,13,991	2,78,300	8,33,578	1,44,496	1,88,063
Net Debt ¹	6,79,831	9,90,078	8,86,449	5,26,934	2,16,650	3,62,917	2,97,238	2,15,473
Reference price ²	301.85	433.50	420.60	993.00	674.05	314.30	314.30	314.30
Nbr of stocks (in thousands)	38,28,811	38,29,165	38,29,847	38,32,242	36,81,349	36,82,378	-	-
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	1.33x	0.44x	6.82x	1.04%	1.25TCr
TOYOTA MOTOR CORPORATION	11.51x	1.48x	13.19x	2.87%	28TCr
HYUNDAI MOTOR COMPANY	10.79x	1.33x	13.79x	2.26%	8.05TCr
GENERAL MOTORS COMPANY	6.03x	0.29x	2.35x	1.01%	6.54TCr
MERCEDES-BENZ GROUP AG	9.17x	0.16x	1.45x	6.01%	5.97TCr
BMW AG	7.5x	0.02x	0.13x	5%	5.65TCr
VOLKSWAGEN AG	4.24x	0.03x	0.22x	7.14%	5.18TCr
FORD MOTOR COMPANY	-482.63x	0.25x	3.58x	5.16%	4.66TCr
MAHINDRA & MAHINDRA LIMITED	22.69x	2.12x	14.51x	0.99%	3.54TCr
HONDA MOTOR CO., LTD.	57.27x	0.55x	9.38x	5.19%	3.34TCr
Average	-35.21x	0.66x	6.54x	3.67%	7.17TCr
Weighted average by Cap.	-19.70x	0.91x	8.48x	3.5%