Company Valuation: Comfort Fincap Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 47.2 122.8 243.6 456.8 488.9 655.4
Change - 160.23% 98.32% 87.53% 7.01% 34.07%
Enterprise Value (EV) 1 197.8 418.7 718.3 708.1 710.8 812.3
Change - 111.65% 71.53% -1.42% 0.39% 14.28%
P/E 3.81x 2.94x 5.51x 9.36x 9.5x 9.55x
PBR 0.13x 0.3x 0.54x 0.91x 0.89x 0.76x
PEG - 0x 0.94x 0.9x 1.76x -1.02x
Capitalization / Revenue 0.81x 1.1x 1.95x 3.1x 3.5x 4.99x
EV / Revenue 3.41x 3.76x 5.75x 4.81x 5.09x 6.19x
EV / EBITDA 4.78x 4.93x 7.27x 6.11x 7.12x 8.58x
EV / EBIT 4.79x 4.93x 7.27x 6.11x 7.16x 8.65x
EV / FCF -10.1x -2.82x -4.14x 3.22x 49.4x -3.93x
FCF Yield -9.93% -35.5% -24.2% 31.1% 2.03% -25.4%
Dividend per Share 2 - - - - 0.1 0.1
Rate of return - - - - 1.11% 1.22%
EPS 2 0.2283 0.7704 0.8154 0.8998 0.9485 0.86
Distribution rate - - - - 10.5% 11.6%
Net sales 1 58.09 111.4 125 147.3 139.6 131.3
EBITDA 1 41.42 85.02 98.79 116 99.82 94.71
EBIT 1 41.32 85 98.76 115.9 99.31 93.95
Net income 1 12.39 41.8 44.24 48.82 51.46 51.01
Net Debt 1 150.6 295.9 474.7 251.2 221.9 156.9
Reference price 2 0.870 2.264 4.490 8.420 9.010 8.210
Nbr of stocks (in thousands) 54,257 54,257 54,257 54,257 54,257 79,831
Announcement Date 10/5/20 8/17/21 8/29/22 8/21/23 8/3/24 8/20/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 7.61M
7.36x - - 4.1% 14.12B
12.5x4.3x15.16x3.51% 12.62B
14.85x - - 3.31% 11.89B
5.76x - - 5.32% 9.89B
17.82x - - 2.26% 8.77B
19.3x14.93x - 1.22% 7.84B
9.84x8.95x19.13x4.74% 6.35B
Average 12.49x 9.39x 17.15x 3.5% 8.94B
Weighted average by Cap. 12.11x 8.51x 16.49x 3.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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