Company Valuation: Alkem Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 432,909 406,055 590,890 583,680 633,575 634,173 - -
Change - -6.2% 45.52% -1.22% 8.55% 0.09% - -
Enterprise Value (EV) 1 433,805 393,853 587,236 578,678 632,481 621,048 605,988 596,792
Change - -9.21% 49.1% -1.46% 9.3% -1.81% -2.42% -1.52%
P/E 26.3x 41.3x 32.9x 27x 27.5x 27.6x 24x 20.7x
PBR 5.01x 4.49x 5.73x 4.87x 4.58x 4.12x 3.62x 3.19x
PEG - -1x 0.4x 1.3x 4.37x -98.45x 1.6x 1.3x
Capitalization / Revenue 4.07x 3.5x 4.66x 4.5x 4.31x 3.8x 3.41x 3.1x
EV / Revenue 4.08x 3.4x 4.64x 4.46x 4.3x 3.72x 3.26x 2.92x
EV / EBITDA 21.1x 24.5x 26.2x 23x 21x 18.2x 15.4x 13.4x
EV / EBIT 24.8x 30.3x 30.2x 26.9x 24.1x 20.9x 17.7x 15.2x
EV / FCF 55.4x 27.1x 33.3x 45.3x 42.8x 60.2x 29.7x 23.4x
FCF Yield 1.81% 3.69% 3% 2.21% 2.33% 1.66% 3.37% 4.28%
Dividend per Share 2 34 25 40 45 53 50.29 55.4 63.85
Rate of return 0.94% 0.74% 0.81% 0.92% 1% 0.95% 1.04% 1.2%
EPS 2 137.6 82.31 150.2 181.1 192.5 192 221 256.1
Distribution rate 24.7% 30.4% 26.6% 24.8% 27.5% 26.2% 25.1% 24.9%
Net sales 1 106,342 115,993 126,676 129,645 147,123 166,949 186,008 204,727
EBITDA 1 20,529 16,094 22,455 25,122 30,052 34,204 39,337 44,427
EBIT 1 17,490 12,990 19,462 21,550 26,232 29,661 34,151 39,180
Net income 1 16,456 9,842 17,958 21,655 23,018 23,147 27,276 31,030
Net Debt 1 896.1 -12,202 -3,654 -5,003 -1,094 -13,125 -28,185 -37,381
Reference price 2 3,620.70 3,396.10 4,942.00 4,881.70 5,299.00 5,304.00 5,304.00 5,304.00
Nbr of stocks (in thousands) 119,565 119,565 119,565 119,565 119,565 119,565 - -
Announcement Date 5/13/22 5/19/23 5/29/24 5/29/25 5/28/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
27.59x3.71x18.13x0.95% 6.74B
39.62x13.42x28.51x0.5% 1,206B
40.43x6.79x19.09x1.93% 665B
37.52x8.51x17.57x2.38% 515B
20.98x5.12x12.74x2.57% 381B
97.18x5.94x25.33x2.32% 362B
23.18x5.95x14.36x2.69% 307B
24.46x4.89x13.77x1.79% 289B
23.75x7.3x13.55x2.19% 249B
-39.18x7.28x45.82x1.98% 207B
Average 29.55x 6.89x 20.89x 1.93% 418.65B
Weighted average by Cap. 35.66x 8.54x 21.86x 1.73%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Alkem Laboratories Limited

Historical PBR trend

Valuation ratios - PBR - Alkem Laboratories Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Alkem Laboratories Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Alkem Laboratories Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Alkem Laboratories Limited
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