Company Valuation: The Waterbase Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 3,662 4,159 3,422 2,378 2,762 1,927
Change - 13.57% -17.73% -30.5% 16.15% -30.23%
Enterprise Value (EV) 1 3,616 3,627 3,032 2,519 2,919 2,361
Change - 0.31% -16.41% -16.91% 15.85% -19.11%
P/E 19.8x 70.3x 4,569x -68.3x -26.4x -10.6x
PBR 1.99x 2.19x 1.84x 1.3x 1.6x 1.24x
PEG - -1x -46.3x 0x -0x -0.1x
Capitalization / Revenue 1.14x 1.97x 1.15x 0.78x 0.81x 0.69x
EV / Revenue 1.12x 1.72x 1.01x 0.83x 0.86x 0.85x
EV / EBITDA 10.8x 26.4x 34.9x 64.7x -67.3x -12.6x
EV / EBIT 13.5x 52.4x 376x -58.1x -22.1x -8.97x
EV / FCF 10.2x 6.89x -33.6x -4.82x 1,528x -25.8x
FCF Yield 9.76% 14.5% -2.98% -20.7% 0.07% -3.87%
Dividend per Share 2 - 1 - - - -
Rate of return - 1% - - - -
EPS 2 4.46 1.428 0.0181 -0.84 -2.523 -4.384
Distribution rate - 70% - - - -
Net sales 1 3,224 2,113 2,987 3,041 3,393 2,777
EBITDA 1 335.1 137.4 86.95 38.94 -43.37 -187.8
EBIT 1 267.5 69.22 8.057 -43.38 -131.8 -263.1
Net income 1 184.9 59.15 0.749 -34.77 -104.5 -181.6
Net Debt 1 -46.62 -532.4 -390 140.9 156.2 433.8
Reference price 2 88.40 100.40 82.60 57.41 66.68 46.52
Nbr of stocks (in thousands) 41,427 41,427 41,427 41,427 41,427 41,427
Announcement Date 07/09/20 31/08/21 26/07/22 07/09/23 03/09/24 03/09/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.96Cr
17.64x2.42x7.72x2.97% 251.24Cr
73.78x2.56x11.34x1.99% 47Cr
21.87x1.18x8.97x2.96% 47Cr
16.54x1.16x6.98x3.02% 42Cr
-25.32x17.19x343.06x - 36Cr
Average 20.90x 4.90x 75.61x 2.74% 70.82Cr
Weighted average by Cap. 20.65x 3.42x 36.44x 2.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. WATERBASE Stock
  4. Valuation The Waterbase Limited