Company Valuation: Alkem Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 432,909 406,055 590,890 583,680 633,575 633,694 - -
Change - -6.2% 45.52% -1.22% 8.55% 0.02% - -
Enterprise Value (EV) 1 433,805 393,853 587,236 578,678 632,481 620,615 605,636 596,833
Change - -9.21% 49.1% -1.46% 9.3% -1.88% -2.41% -1.45%
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 4.1x 3.62x 3.2x
PEG - -1x 0.4x 1.3x 4.37x -94.65x 1.6x 1.3x
Capitalization / Revenue 4.07x 3.5x 4.66x 4.5x 4.31x 3.79x 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 18.1x 15.4x 13.5x
EV / EBIT 24.8x 30.3x 30.2x 26.9x 24.1x 20.9x 17.7x 15.3x
EV / FCF 55.4x 27.1x 33.3x 45.3x 42.8x 60.3x 29.6x 23.4x
FCF Yield 1.81% 3.69% 3% 2.21% 2.33% 1.66% 3.38% 4.28%
Dividend per Share 2 34 25 40 45 53 49.33 55.28 63.37
Rate of return 0.94% 0.74% 0.81% 0.92% 1% 0.93% 1.04% 1.2%
EPS 2 137.6 82.31 150.2 181.1 192.5 191.9 220.7 256
Distribution rate 24.7% 30.4% 26.6% 24.8% 27.5% 25.7% 25% 24.8%
Net sales 1 106,342 115,993 126,676 129,645 147,123 166,997 185,721 204,703
EBITDA 1 20,529 16,094 22,455 25,122 30,052 34,213 39,286 44,365
EBIT 1 17,490 12,990 19,462 21,550 26,232 29,727 34,232 39,074
Net income 1 16,456 9,842 17,958 21,655 23,018 23,143 27,153 31,030
Net Debt 1 896.1 -12,202 -3,654 -5,003 -1,094 -13,079 -28,058 -36,861
Reference price 2 3,620.70 3,396.10 4,942.00 4,881.70 5,299.00 5,300.00 5,300.00 5,300.00
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.($)
32.93x11.96x24.23x0.6% 1,031B
29.57x - - 2.02% 641B
32.73x7.6x15.79x2.67% 453B
19.66x4.67x11.58x2.83% 349B
21.66x5.59x13.87x2.87% 290B
20.88x4.29x12.24x2.06% 252B
27.19x7.03x12.5x2.35% 232B
13.11x4.72x9.86x3.87% 201B
-44.72x6.46x25.22x2.25% 181B
Average 17.00x 6.54x 15.66x 2.39% 403.31B
Weighted average by Cap. 23.95x 7.98x 17.64x 1.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  3. ALKEM Stock
  4. 539523 Stock
  5. Valuation Alkem Laboratories Limited