Company Valuation: Dredging Corporation of India Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 10,367 8,835 7,892 18,845 15,239 21,507
Change - -14.77% -10.68% 138.8% -19.14% 41.13%
Enterprise Value (EV) 1 13,950 11,349 11,048 23,590 23,519 30,617
Change - -18.64% -2.65% 113.52% -0.3% 30.18%
P/E -6.01x 259x 62.9x 52.8x -55.5x 452x
PBR 0.74x 0.63x 0.55x 1.49x 1.25x 1.75x
PEG - -3x 0x 0x 0x -4x
Capitalization / Revenue 1.36x 1.11x 0.68x 1.99x 1.33x 1.78x
EV / Revenue 1.83x 1.42x 0.95x 2.49x 2.06x 2.53x
EV / EBITDA -40.6x 9.65x 6.31x 11.5x 16.8x 12.4x
EV / EBIT -9.07x -440x 28.2x 37.2x -198x 34.1x
EV / FCF 5.07x 12.7x -15.7x -13.1x -4.54x -46.3x
FCF Yield 19.7% 7.87% -6.37% -7.65% -22% -2.16%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -61.58 1.22 4.48 12.74 -9.81 1.698
Distribution rate - - - - - -
Net sales 1 7,638 7,991 11,648 9,455 11,421 12,083
EBITDA 1 -343.7 1,176 1,750 2,043 1,397 2,477
EBIT 1 -1,538 -25.78 391.6 634.8 -118.8 897.7
Net income 1 -1,724 34.2 125.6 356.8 -274.6 47.54
Net Debt 1 3,583 2,514 3,156 4,744 8,280 9,110
Reference price 2 370.25 315.55 281.85 673.05 544.25 768.10
Nbr of stocks (in thousands) 28,000 28,000 28,000 28,000 28,000 28,000
Announcement Date 11/24/21 11/28/22 9/2/23 9/4/24 9/2/25 9/1/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 270M
27.27x10.23x17.59x0.52% 43.21B
22.85x8.29x12.87x2.2% 28.66B
8.45x3.21x7.57x3.84% 18.91B
7.79x - - 5.46% 9.15B
9.58x6.44x11.18x5% 9.13B
11.95x3.01x7.7x5.07% 8.36B
30.79x9.02x16.07x1.59% 6.07B
Average 16.95x 6.70x 12.16x 3.38% 15.47B
Weighted average by Cap. 19.74x 7.69x 13.44x 2.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


  1. Stock Market
  2. Stocks
  3. DREDGECORP Stock
  4. Valuation Dredging Corporation of India Limited