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 1.860 3.910 7.530 5.610 15.800 12.050
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.($)
- - - - 22.91M
35.93x12.68x26.75x0.57% 1,067B
28.24x6.45x17.87x2.04% 635B
33.87x7.65x15.73x2.65% 458B
19.22x4.69x11.59x2.82% 347B
21.56x5.71x14.24x2.81% 295B
21.1x4.45x12.31x1.98% 262B
14.14x5.26x10.84x3.54% 216B
24.66x6.48x11.43x2.68% 203B
-46.58x5.59x30.88x2.55% 161B
Average 16.90x 6.55x 16.85x 2.4% 364.35B
Weighted average by Cap. 24.95x 7.95x 18.71x 1.96%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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