Company Valuation: MMTC Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 18,525 63,600 66,225 41,850 99,615 78,330
Change - 243.32% 4.13% -36.81% 138.03% -21.37%
Enterprise Value (EV) 1 56,217 86,165 90,952 31,009 88,526 65,256
Change - 53.27% 5.56% -65.91% 185.49% -26.29%
P/E -6.77x -8.06x -25.2x 2.68x 51.8x 90.4x
PBR 2.03x 63.8x -44.7x 2.96x 6.13x 4.6x
PEG - -0x 0.4x -0x -0.6x -1.6x
Capitalization / Revenue 0.07x 0.21x 0.56x 1.19x 1,865x 2,912x
EV / Revenue 0.21x 0.29x 0.77x 0.88x 1,658x 2,426x
EV / EBITDA -78.6x -146x 20.5x -28.5x -54.4x -47.1x
EV / EBIT -74.8x -136x 20.7x -27.5x -53.1x -45.6x
EV / FCF -2.23x 3.51x -64.3x 1.71x -65.9x -51.7x
FCF Yield -44.9% 28.5% -1.55% 58.5% -1.52% -1.93%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.825 -5.262 -1.749 10.42 1.281 0.5775
Distribution rate - - - - - -
Net sales 1 263,047 300,015 117,962 35,282 53.4 26.9
EBITDA 1 -715.2 -590.7 4,444 -1,089 -1,627 -1,386
EBIT 1 -751.1 -634.3 4,402 -1,128 -1,668 -1,431
Net income 1 -2,737 -7,893 -2,624 15,623 1,922 866.3
Net Debt 1 37,692 22,565 24,727 -10,841 -11,089 -13,074
Reference price 2 12.35 42.40 44.15 27.90 66.41 52.22
Nbr of stocks (in thousands) 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Announcement Date 12/2/20 11/24/21 11/16/22 10/30/23 9/5/24 9/1/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 960M
19.38x3.82x6.82x3.77% 212B
11.67x2.73x5.94x5.22% 159B
14.32x4.06x6.73x3.52% 91.91B
12.26x0.41x5.85x3.32% 81.06B
22.57x6.06x14.15x-.--% 58.78B
28.93x2.85x7.33x1.29% 51.27B
13.35x2.77x5.51x0.68% 28.16B
10.39x3.51x5.18x5.88% 24.29B
12.21x4.37x7.77x4.16% 23.71B
Average 16.12x 3.40x 7.25x 3.09% 73.08B
Weighted average by Cap. 16.44x 3.31x 7.06x 3.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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