Company Valuation: MRO-TEK Networks Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 465.2 941.7 1,071 1,327 1,075 1,350
Change - 102.41% 13.69% 23.91% -19% 25.6%
Enterprise Value (EV) 1 1,081 1,658 1,872 2,495 2,364 2,619
Change - 53.32% 12.96% 33.25% -5.24% 10.8%
P/E -6.24x 1.2x -28.5x 39.9x 18.4x 3.36x
PBR -5.14x 1.35x 1.63x 1.92x 1.43x 1.17x
PEG - -0x 0x -0x 0.2x 0x
Capitalization / Revenue 1.47x 0.77x 3.21x 3.78x 2.21x 1.86x
EV / Revenue 3.42x 1.35x 5.61x 7.1x 4.86x 3.62x
EV / EBITDA -143x 1.87x 39.4x 35.2x 12.3x 9x
EV / EBIT -52.5x 1.93x 85.9x 53.8x 14.7x 10.1x
EV / FCF -10.1x 2.44x -21.9x -5.59x 9.51x -3.39x
FCF Yield -9.86% 41.1% -4.56% -17.9% 10.5% -29.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -3.99 42.11 -2.01 1.78 3.125 21.49
Distribution rate - - - - - -
Net sales 1 316.2 1,226 333.5 351.3 486.1 723.7
EBITDA 1 -7.577 884.4 47.46 70.78 192.1 290.9
EBIT 1 -20.58 859.4 21.79 46.38 161.3 260.5
Net income 1 -74.64 786.9 -37.6 33.18 58.39 401.6
Net Debt 1 615.9 715.9 801.7 1,168 1,290 1,270
Reference price 2 24.90 50.40 57.30 71.00 57.51 72.23
Nbr of stocks (in thousands) 18,685 18,685 18,685 18,685 18,685 18,685
Announcement Date 9/4/21 9/5/22 8/15/23 7/12/24 8/29/25 7/20/26
1INR in Million2INR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 20.66M
13.68x1.3x9.98x1.25% 39.93B
12.24x - - 0.82% 23.33B
10.61x0.95x9.03x3.81% 18.64B
9.96x0.82x8.98x4.29% 14.04B
11.11x1.33x7.9x0.72% 13.06B
13.18x0.8x6.44x3.22% 6.6B
13.85x0.59x5.99x1.92% 5.74B
13.07x0.7x10.45x3.84% 5.11B
11.45x0.92x7.14x5.31% 4.97B
Average 12.13x 0.93x 8.24x 2.8% 13.14B
Weighted average by Cap. 12.21x 1.07x 8.90x 2.19%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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