Valuation Tata Steel Limited

Equities

TATASTEEL

INE081A01020

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 03:58:47 16/01/2026 pm IST			5-day change	1st Jan Change
188.10 ^INR	-0.61%		+5.50%	+4.47%

14/01	Indian Equities End Lower on Persisting Trade Worries	MT
14/01	FOR COILY - Indian Equities End Lower on Persisting Trade Worries	MT

Company Valuation: Tata Steel Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	9,73,418	15,96,681	12,77,223	19,46,183	19,25,584	23,48,151	-	-
Change	-	64.03%	-20.01%	52.38%	-1.06%	21.94%	-	-
Enterprise Value (EV) ¹	16,48,206	21,08,061	19,94,212	27,46,195	27,73,118	31,47,803	30,93,165	30,26,890
Change	-	27.9%	-5.4%	37.71%	0.98%	13.51%	-1.74%	-2.14%
P/E ratio	12.7x	3.94x	14.6x	-43.1x	56.3x	19.2x	14.1x	12.2x
PBR	1.28x	1.38x	1.24x	2.11x	2.11x	2.35x	2.1x	1.85x
PEG	-	0x	-0.2x	0x	-0x	0x	0.4x	0.8x
Capitalization / Revenue	0.62x	0.65x	0.52x	0.85x	0.88x	1.01x	0.94x	0.91x
EV / Revenue	1.05x	0.86x	0.82x	1.2x	1.27x	1.35x	1.24x	1.17x
EV / EBITDA	5.4x	3.32x	6.17x	12.3x	11x	9.07x	7.42x	6.78x
EV / EBIT	7.75x	3.88x	8.68x	22.1x	18.6x	13.4x	10.4x	9.42x
EV / FCF	4.41x	6.23x	264x	131x	35.4x	23.3x	17.6x	14x
FCF Yield	22.7%	16.1%	0.38%	0.76%	2.83%	4.3%	5.68%	7.13%
Dividend per Share ²	2.5	5.1	3.6	3.6	3.6	3.768	3.851	3.998
Rate of return	3.08%	3.9%	3.44%	2.31%	2.33%	2%	2.05%	2.13%
EPS ²	6.378	33.21	7.17	-3.62	2.74	9.784	13.34	15.43
Distribution rate	39.2%	15.4%	50.2%	-99.4%	131%	38.5%	28.9%	25.9%
Net sales ¹	15,62,942	24,39,592	24,33,527	22,91,708	21,85,425	23,30,985	24,93,854	25,92,239
EBITDA ¹	3,05,043	6,34,900	3,23,002	2,23,059	2,52,984	3,47,126	4,16,811	4,46,208
EBIT ¹	2,12,706	5,43,891	2,29,650	1,24,237	1,48,771	2,34,252	2,97,451	3,21,181
Net income ¹	74,902	4,01,539	87,604	-44,374	34,205	1,17,393	1,69,438	1,99,082
Net Debt ¹	6,74,789	5,11,380	7,16,989	8,00,013	8,47,534	7,99,652	7,45,013	6,78,738
Reference price ²	81.20	130.70	104.50	155.90	154.25	188.10	188.10	188.10
Nbr of stocks (in thousands)	1,19,85,893	1,22,16,159	1,22,22,312	1,24,83,532	1,24,83,527	1,24,83,527	-	-
Announcement Date	05/05/21	03/05/22	02/05/23	29/05/24	12/05/25	-	-	-

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 STEEL LIMITED	19.22x	1.35x	9.07x	2%	2.59TCr
NUCOR CORPORATION	22.37x	1.34x	10.21x	1.26%	3.99TCr
ARCELORMITTAL	10.9x	0.72x	6.94x	1.16%	3.71TCr
STEEL DYNAMICS, INC.	21.95x	1.55x	12.98x	1.15%	2.53TCr
NIPPON STEEL CORPORATION	2589.51x	0.81x	8.32x	3.6%	2.2TCr
POSCO HOLDINGS INC.	23.89x	0.54x	5.71x	3.03%	1.69TCr
CARPENTER TECHNOLOGY CORPORATION	33.22x	5.51x	20.36x	0.25%	1.67TCr
CLEVELAND-CLIFFS INC.	-4.58x	0.87x	225.7x	-.--%	902.59Cr
Average	339.56x	1.59x	37.41x	1.56%	2.41TCr
Weighted average by Cap.	312.57x	1.46x	20.14x	1.6%