Company Valuation: Chartered Logistics Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 220.5 322.9 710.3 372.5 830.5 1,016
Change - 46.4% 120% -47.55% 122.93% 22.34%
Enterprise Value (EV) 1 800.4 795.8 1,095 710.6 1,007 1,192
Change - -0.58% 37.57% -35.09% 41.65% 18.39%
P/E 44.4x -13.5x 130x 237x 124x 84.5x
PBR 0.48x 0.74x 1.61x 0.84x 1.85x 1.58x
PEG - 0x -1x -3.3x 0x 1.7x
Capitalization / Revenue 0.15x 0.25x 0.56x 0.44x 1.16x 1.33x
EV / Revenue 0.56x 0.61x 0.86x 0.84x 1.41x 1.56x
EV / EBITDA 9.51x 14.1x 17.5x 18x 25x 27.4x
EV / EBIT 15x 31.1x 31x 44.7x 55x 43.4x
EV / FCF 38x 11.3x 11.7x 19.6x 9.64x -18.3x
FCF Yield 2.63% 8.84% 8.56% 5.11% 10.4% -5.47%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.05 -0.24 0.0551 0.0158 0.0672 0.1
Distribution rate - - - - - -
Net sales 1 1,434 1,315 1,275 848.7 716.4 766.1
EBITDA 1 84.14 56.34 62.39 39.53 40.19 43.46
EBIT 1 53.21 25.63 35.35 15.9 18.31 27.48
Net income 1 5.133 -23.66 5.471 1.573 6.673 12.36
Net Debt 1 579.9 472.9 384.5 338.1 176.1 175.7
Reference price 2 2.220 3.250 7.150 3.750 8.360 8.450
Nbr of stocks (in thousands) 99,340 99,340 99,340 99,340 99,340 120,240
Announcement Date 9/1/20 9/2/21 9/3/22 9/4/23 9/2/24 9/4/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 7.88M
25.95x8.47x16.39x0.77% 80.13B
22.32x7.18x14.78x2.11% 75.71B
46.82x3.09x18.64x-.--% 24.41B
31.77x1.4x22.64x1.3% 22.81B
42.64x1.75x11.29x1.05% 12.22B
51.02x - - - 11.69B
18.91x1.35x6.09x1.37% 10.4B
39.46x1.09x9.46x1.08% 6.37B
15.07x3.32x6.01x2.12% 5.22B
Average 32.66x 3.46x 13.16x 1.22% 24.9B
Weighted average by Cap. 29.25x 5.86x 15.58x 1.25%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Chartered Logistics Limited