Valuation TVS Motor Company Limited

Stocks

Market Closed - Bombay S.E. Other stock markets 03:40:02 10/06/2026 pm IST			5-day change	1st Jan Change
3,338.45 ^INR	-0.56%		-0.83%	-10.24%

08/06	Indian shares set to fall as oil spike, Asia selloff hurt sentiment	RE
07/06	TVS Motor Company Announces Premium Bespoke Experience Channel TVS Paddock	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	2,77,973	2,97,238	5,11,859	10,22,126	11,49,925	15,86,055	-	-
Change	-	6.93%	72.2%	99.69%	12.5%	37.93%	-	-
Enterprise Value (EV) ¹	2,79,031	3,09,956	5,31,885	10,31,951	11,61,690	16,20,643	16,05,886	15,82,179
Change	-	11.08%	71.6%	94.02%	12.57%	39.51%	0.27%	-1.48%
P/E ratio	45.4x	33.3x	34.3x	49.1x	42.4x	44.2x	36.8x	30.4x
PBR	6.67x	6.16x	8.46x	13.2x	11.6x	14.2x	10.4x	8.1x
PEG	-	0.7x	0.5x	1.2x	1.4x	1.3x	2x	1.5x
Capitalization / Revenue	1.66x	1.43x	1.93x	3.2x	3.17x	3.38x	2.91x	2.57x
EV / Revenue	1.67x	1.49x	2.01x	3.23x	3.2x	3.43x	2.95x	2.56x
EV / EBITDA	19.5x	15.8x	19.9x	29.4x	26.1x	26.7x	23x	19x
EV / EBIT	29.8x	23x	26x	36.7x	31.3x	31.3x	26.9x	22.1x
EV / FCF	13.9x	41x	54.4x	40.8x	47.1x	39.7x	49.3x	33x
FCF Yield	7.18%	2.44%	1.84%	2.45%	2.12%	2.52%	2.03%	3.03%
Dividend per Share ²	3.5	3.75	5	8	10	12	15.12	17.67
Rate of return	0.6%	0.6%	0.46%	0.37%	0.41%	0.36%	0.45%	0.53%
EPS ²	12.88	18.81	31.38	43.84	57.05	76.09	91.3	110.4
Distribution rate	27.2%	19.9%	15.9%	18.2%	17.5%	15.8%	16.6%	16%
Net sales ¹	1,67,505	2,07,905	2,64,787	3,19,249	3,62,513	4,72,703	5,44,874	6,17,711
EBITDA ¹	14,286	19,617	26,747	35,141	44,540	60,794	69,783	83,138
EBIT ¹	9,349	13,503	20,435	28,138	37,094	51,787	59,735	71,590
Net income ¹	6,120	8,936	14,910	20,830	27,105	36,152	43,217	52,171
Net Debt ¹	1,058	12,718	20,026	9,825	11,765	21,595	19,831	-3,876
Reference price ²	585.10	625.65	1,077.40	2,151.45	2,420.45	3,357.25	3,357.25	3,357.25
Nbr of stocks (in thousands)	4,75,087	4,75,087	4,75,087	4,75,087	4,75,087	4,75,087	-	-
Announcement Date	27/04/21	05/05/22	04/05/23	08/05/24	28/04/25	13/05/26	-	-

¹INR in Million²INR

Estimates

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.($)
TVS MOTOR COMPANY LIMITED	43.43x	3.45x	26.92x	0.41%	1.67TCr
EICHER MOTORS LIMITED	35.89x	7.83x	31.53x	1.07%	2.07TCr
HERO MOTOCORP LTD	18.4x	1.79x	12.27x	3.74%	1.02TCr
YAMAHA MOTOR CO., LTD.	10.97x	0.69x	6.83x	4.05%	747.46Cr
YADEA GROUP HOLDINGS LTD.	9.31x	0.52x	4.91x	5.17%	439.31Cr
LONCIN MOTOR CO., LTD.	11.44x	1.16x	9.65x	5.75%	381.31Cr
HARLEY-DAVIDSON, INC.	68.3x	0.96x	19.39x	2.94%	268.33Cr
ZHEJIANG QIANJIANG MOTORCYCLE CO., LTD.	16.71x	-	-	3.63%	86Cr
ATLAS HONDA LIMITED	9.86x	-	-	6.1%	80Cr
Average	24.92x	2.34x	15.93x	3.65%	751.8Cr
Weighted average by Cap.	30.00x	3.83x	21.07x	2.33%