Company Valuation: MASS MAST

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 42.16 42.16 72.68 202.8 1,502 196.7
Change - 0% 72.38% 179.01% 640.59% -86.9%
Enterprise Value (EV) 1 133.2 143.3 193.3 318.3 1,626 324
Change - 7.58% 34.89% 64.66% 410.74% -80.07%
P/E 8.8x 10.1x 17.5x 41.5x 295x 38.4x
PBR 0.38x 0.37x 0.53x 1.65x 11.8x 1.5x
PEG - -0.8x -98.15x 2.4x 73.55x 55.73x
Capitalization / Revenue 2.73x 3.42x 5.64x 15.8x 110x 12.8x
EV / Revenue 8.64x 11.6x 15x 24.8x 119x 21.2x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0478 0.0415 0.0414 0.0487 0.0506 0.051
Distribution rate - - - - - -
Net sales 1 15.42 12.32 12.88 12.84 13.68 15.32
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 4.793 4.166 4.159 4.888 5.084 5.119
Net Debt 1 91.04 101.1 120.6 115.5 123.8 127.2
Reference price 2 0.4200 0.4200 0.7240 2.0200 14.9600 1.9600
Nbr of stocks (in thousands) 100,382 100,382 100,382 100,382 100,382 100,382
Announcement Date 9/6/20 9/7/21 9/1/22 9/4/23 9/4/24 9/2/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.86x16.81x - 0.66% 66.95B
30.19x4.83x15.91x-.--% 42.16B
24.77x5.12x25.38x0.08% 30.5B
17.76x12.2x23.21x1.16% 25.01B
7.96x1.81x - 1.72% 24.99B
28.98x4.3x12.61x-.--% 22.22B
23.22x18.95x46.05x0.15% 15.85B
29.07x - - - 15.29B
Average 23.48x 9.15x 24.63x 0.54% 30.37B
Weighted average by Cap. 24.11x 9.80x 22.36x 0.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA