Company Valuation: Gennex Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 235.3 494.6 952.6 1,004 3,594 2,741
Change - 110.22% 92.58% 5.42% 257.85% -23.73%
Enterprise Value (EV) 1 283 566.5 978.9 1,036 3,181 2,466
Change - 100.18% 72.81% 5.79% 207.16% -22.47%
P/E 12.7x 12.3x 24.3x 16.7x 26x 15.4x
PBR 0.66x 1.25x 2.17x 1.23x 2.11x 1.47x
PEG - 0x -8.74x 1.94x 0.3x 0.5x
Capitalization / Revenue 0.42x 0.82x 1.56x 1.53x 4.14x 1.99x
EV / Revenue 0.5x 0.94x 1.6x 1.58x 3.67x 1.79x
EV / EBITDA 7.23x 8.03x 17.9x 20.8x 18.3x 14.5x
EV / EBIT 9.73x 9.18x 20.9x 25.6x 21.2x 16.4x
EV / FCF -38.4x -20.6x 32.8x -5.89x -6.22x -9.86x
FCF Yield -2.61% -4.86% 3.05% -17% -16.1% -10.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.1467 0.319 0.3101 0.3369 0.608 0.783
Distribution rate - - - - - -
Net sales 1 562.3 600.4 612.1 656 867.1 1,379
EBITDA 1 39.12 70.53 54.76 49.7 173.9 170.4
EBIT 1 29.07 61.72 46.88 40.51 150.2 150.5
Net income 1 18.56 40.38 39.23 49.21 131.8 181.2
Net Debt 1 47.68 71.83 26.33 31.28 -412.9 -274.8
Reference price 2 1.86 3.91 7.53 5.61 15.80 12.05
Nbr of stocks (in thousands) 126,503 126,503 126,503 179,010 227,448 227,448
Announcement Date 9/6/20 9/8/21 9/9/22 9/9/23 9/7/24 9/8/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 27.49M
33.76x12.18x24.85x0.59% 1,052B
28.96x - - 2.06% 627B
31.84x7.42x15.42x2.75% 441B
19.79x4.7x11.65x2.81% 349B
21.42x5.54x13.77x2.89% 287B
19.89x4.11x11.68x2.14% 241B
26.26x6.84x12.14x2.43% 224B
13.32x4.79x9.96x3.83% 202B
-42.28x6.13x23.96x2.38% 172B
Average 17.00x 6.46x 15.43x 2.43% 359.52B
Weighted average by Cap. 24.17x 8.04x 17.73x 2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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