Company Valuation: ANDA PAPE

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 5,747 8,730 11,812 16,453 19,332 13,679
Change - 51.9% 35.31% 39.29% 17.5% -29.24%
Enterprise Value (EV) 1 4,075 7,260 9,455 9,476 11,706 9,027
Change - 78.17% 30.22% 0.23% 23.54% -22.89%
P/E 2.7x -190x 8.45x 3.15x 5.69x 15.4x
PBR 0.59x 0.9x 1.08x 1.04x 1.02x 0.7x
PEG - 2x -0x 0x -0.2x -0.2x
Capitalization / Revenue 0.45x 0.98x 0.86x 0.78x 1.07x 0.89x
EV / Revenue 0.32x 0.82x 0.69x 0.45x 0.65x 0.59x
EV / EBITDA 1.37x 13.2x 4.33x 1.29x 2.72x 6.56x
EV / EBIT 1.78x -60x 6.22x 1.4x 3.19x 17.5x
EV / FCF 3.9x 12.2x 9.65x 2.18x 69x -2.4x
FCF Yield 25.6% 8.2% 10.4% 45.8% 1.45% -41.7%
Dividend per Share 2 - 1 1.5 2.5 2 1
Rate of return - 2.28% 2.53% 3.02% 2.06% 1.45%
EPS 2 10.71 -0.2313 7.027 26.27 17.09 4.471
Distribution rate - -432% 21.3% 9.52% 11.7% 22.4%
Net sales 1 12,697 8,867 13,802 20,977 18,006 15,412
EBITDA 1 2,979 551.7 2,185 7,357 4,299 1,375
EBIT 1 2,283 -121 1,520 6,750 3,665 516.2
Net income 1 2,129 -45.99 1,397 5,225 3,397 889.1
Net Debt 1 -1,672 -1,469 -2,357 -6,977 -7,626 -4,652
Reference price 2 28.90 43.90 59.40 82.74 97.22 68.79
Nbr of stocks (in thousands) 198,850 198,850 198,850 198,850 198,850 198,850
Announcement Date 8/27/20 7/12/21 7/18/22 7/18/23 7/19/24 7/15/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.28x1.55x9.26x6.39% 14.15B
5.58x2.25x5.27x3.72% 10.13B
19.76x2.35x11.51x3.13% 4.8B
18.94x0.84x10.99x4.3% 4.38B
9.88x2.19x6.04x5.54% 4.22B
15.99x1.03x6.57x1.31% 2.86B
14.44x1.61x7.76x6.8% 2.59B
9.87x - - 3.56% 1.94B
7.97x0.88x3.83x2.39% 1.85B
Average 12.97x 1.59x 7.65x 4.13% 5.21B
Weighted average by Cap. 12.68x 1.73x 7.99x 4.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA