Company Valuation: Incap Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 121.9 99.33 196.3 176.8 334.9 499.7
Change - -18.53% 97.67% -9.96% 89.43% 49.22%
Enterprise Value (EV) 1 -7.969 -61.06 66.67 62.19 281.1 523.1
Change - -666.25% 209.19% -6.72% 352% 86.08%
P/E 27.6x 17x 24.5x 26.7x 50.2x 62.4x
PBR 0.79x 0.64x 1.24x 1.11x 2.08x 3.08x
PEG - 0.5x 0.7x -1.5x 64.76x 3.1x
Capitalization / Revenue 0.32x 0.48x 0.85x 0.84x 1.73x 1.49x
EV / Revenue -0.02x -0.29x 0.29x 0.3x 1.45x 1.56x
EV / EBITDA -1.21x -78.9x 11.5x 8.46x 42.4x 30.3x
EV / EBIT -3.88x 15.5x 47.4x 18.1x 100x 38.9x
EV / FCF -0.08x 3.59x -1.74x -3.88x -4.57x -7.54x
FCF Yield -1,258% 27.9% -57.3% -25.8% -21.9% -13.3%
Dividend per Share 2 - 1 1 1 1 1
Rate of return - 5.17% 2.61% 2.9% 1.53% 1.03%
EPS 2 0.86 1.14 1.56 1.29 1.3 1.56
Distribution rate - 87.7% 64.1% 77.5% 76.9% 64.1%
Net sales 1 383.3 209.1 231.6 210.6 193.6 335.8
EBITDA 1 6.605 0.7739 5.809 7.35 6.63 17.25
EBIT 1 2.052 -3.948 1.406 3.435 2.801 13.43
Net income 1 4.396 5.847 8.025 6.632 6.697 7.995
Net Debt 1 -129.9 -160.4 -129.7 -114.6 -53.8 23.33
Reference price 2 23.75 19.35 38.25 34.44 65.24 97.35
Nbr of stocks (in thousands) 5,133 5,133 5,133 5,133 5,133 5,133
Announcement Date 10/7/20 9/28/21 8/29/22 9/2/23 8/29/24 9/2/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 5.29M
34.1x6.13x18.99x0.64% 195B
35.31x14.06x29.6x0.33% 117B
13.52x0.29x6.61x3.78% 103B
49.63x7.89x25.75x0.76% 102B
21.6x1.24x13.85x0.52% 69.94B
69.22x6.73x32.69x0.24% 62.4B
76.64x9.08x38.54x0.01% 60.8B
18.74x3.2x12.08x1.47% 58.67B
41.82x9.24x28.25x0.93% 49.78B
Average 40.06x 6.43x 22.93x 0.97% 81.86B
Weighted average by Cap. 37.77x 6.58x 21.92x 1%

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. INCAP6 Stock
  4. Valuation Incap Limited