Company Valuation: Camex Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 203.2 265.4 239.9 396.9 352.3 294.2
Change - 30.65% -9.62% 65.45% -11.24% -16.49%
Enterprise Value (EV) 1 373 339.4 239.9 381.6 340.7 371.6
Change - -8.99% -29.32% 59.07% -10.72% 9.07%
P/E 14.9x 8.43x -1,690x 11.5x 18.6x 9.06x
PBR 0.6x 0.71x - 0.97x 0.82x 0.64x
PEG - 0x 17x -0x -0.4x 0.1x
Capitalization / Revenue 0.14x 0.15x 0.16x 0.28x 0.26x 0.2x
EV / Revenue 0.25x 0.19x 0.16x 0.27x 0.25x 0.25x
EV / EBITDA 12.4x 13.7x 27.9x 8.22x 9.24x 7.02x
EV / EBIT 18x 21.1x -1,874x 8.8x 10.1x 7.62x
EV / FCF -2.48x -82x - - -10.3x -4.58x
FCF Yield -40.2% -1.22% - - -9.74% -21.8%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 1.332 3.083 -0.0139 3.392 1.855 3.181
Distribution rate - - - - - -
Net sales 1 1,502 1,792 1,468 1,418 1,337 1,496
EBITDA 1 30 24.84 8.608 46.44 36.86 52.93
EBIT 1 20.67 16.1 -0.128 43.35 33.64 48.74
Net income 1 13.59 31.47 -0.142 34.63 18.94 32.48
Net Debt 1 169.8 74.02 - -15.3 -11.58 77.41
Reference price 2 19.90 26.00 23.50 38.88 34.51 28.82
Nbr of stocks (in thousands) 10,209 10,209 10,209 10,209 10,209 10,209
Announcement Date 8/2/21 8/5/22 7/20/23 7/29/24 7/10/25 7/13/26
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.48M
37.77x5.13x20.83x1.02% 80.34B
30.53x4.6x19.85x2.18% 38.91B
26.56x3.14x16.25x1.96% 38.85B
16.14x1.53x9.33x1.96% 28.81B
38.11x9.36x28.47x2.4% 23.73B
10.65x2.78x5.84x3.81% 20.01B
28.56x2.96x12.07x1.56% 19.9B
23.4x2.84x13.04x1.44% 14.44B
11.12x2.37x5.1x1.37% 14.02B
Average 24.76x 3.86x 14.53x 1.97% 27.9B
Weighted average by Cap. 28.31x 4.19x 16.62x 1.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA