Company Valuation: JM Financial Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2025 2026 2027 2028
Market Cap 1 64,542 56,887 91,866 108,595 108,998 -
Change - -11.86% - 18.21% 0.37% -
Enterprise Value (EV) 64,542 56,887 91,866 108,595 108,998 108,998
Change - -11.86% - 18.21% 0.37% 0%
P/E 8.36x 9.53x 11.2x 9.05x 8.69x 7.59x
PBR 0.84x 0.7x - 1.02x 0.96x 0.89x
PEG - -0.4x - 0.2x 1.98x 0.5x
Capitalization / Revenue 1.74x 1.7x - 3.79x 3.42x 2.98x
EV / Revenue 0x 0x - 0x 3.42x 2.98x
EV / EBITDA - - - - - -
EV / EBIT 0x 0x - 0x 7.45x 6.37x
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 1.65 0.9 - 1.75 5.1 5.8
Rate of return 2.44% 1.51% - 1.54% 4.48% 5.09%
EPS 2 8.09 6.25 8.58 12.55 13.1 15
Distribution rate 20.4% 14.4% - 13.9% 38.9% 38.7%
Net sales 1 37,072 33,431 - 28,618 31,898 36,594
EBITDA - - - - - -
EBIT 1 16,964 10,482 - 12,021 14,635 17,111
Net income 1 7,732 5,973 8,213 12,020 12,550 14,311
Net Debt - - - - - -
Reference price 2 67.65 59.58 96.11 113.55 113.90 113.90
Nbr of stocks (in thousands) 954,056 954,804 955,843 956,364 956,960 -
Announcement Date 5/24/22 5/9/23 5/12/25 5/29/26 - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.95x - - 4.35% 1.18B
14.06x6.28x - 2.38% 282B
12.44x9.95x - 2.17% 268B
10.75x - - 2.06% 203B
14.72x5.3x8.79x1.41% 157B
15.76x10.59x17.15x2.14% 78.38B
9.52x1.26x - 3.69% 56.18B
18.55x10.43x11.73x0.67% 42.54B
8.57x3.94x - 3.87% 39.81B
30.47x4.26x5.38x0.51% 37.56B
Average 14.38x 6.50x 10.76x 2.33% 116.58B
Weighted average by Cap. 13.60x 7.21x 10.86x 2.12%

Y-o-Y evolution of P/E

Valuation ratios - P/E - JM Financial Limited

Historical PBR trend

Valuation ratios - PBR - JM Financial Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - JM Financial Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - JM Financial Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - JM Financial Limited
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