Company Valuation: Nestlé India Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,675,397 1,898,604 2,529,273 2,170,366 2,265,384 2,545,375 - -
Change - 13.32% 33.22% -14.19% 4.38% 12.36% - -
Enterprise Value (EV) 1 1,666,241 1,890,170 2,524,530 2,181,078 2,252,219 2,519,183 2,505,243 2,488,646
Change - 13.44% 33.56% -13.6% 3.26% 11.85% -0.55% -0.66%
P/E 70.1x 63.3x 64.3x 65.5x 63.9x 61.1x 53.1x 46.7x
PBR 68.1x 61.4x 75.7x 54.1x 42.7x 40.8x 34.9x 30.1x
PEG - 2.5x 2.1x -4.2x 9.23x 3.5x 3.5x 3.4x
Capitalization / Revenue 9.92x 9.93x 10.4x 10.7x 9.78x 9.48x 8.48x 7.62x
EV / Revenue 9.86x 9.88x 10.3x 10.8x 9.73x 9.38x 8.35x 7.45x
EV / EBITDA 44.5x 42.3x 43.4x 45.7x 42.4x 38.9x 34.1x 30.1x
EV / EBIT 49.9x 46.8x 47.8x 51.5x 48.9x 44.3x 38.8x 34.1x
EV / FCF 76.2x 93.5x 110x 235x 53.4x 59.5x 48.1x 42.4x
FCF Yield 1.31% 1.07% 0.91% 0.43% 1.87% 1.68% 2.08% 2.36%
Dividend per Share 2 11 - 16.1 13.5 12 16.44 18.94 21.74
Rate of return 1.27% - 1.23% 1.2% 1.02% 1.25% 1.43% 1.65%
EPS 2 12.4 15.55 20.4 17.19 18.38 21.6 24.88 28.25
Distribution rate 88.7% - 78.9% 78.5% 65.3% 76.1% 76.1% 76.9%
Net sales 1 168,970 191,263 243,939 202,016 231,546 268,611 299,993 334,082
EBITDA 1 37,420 44,710 58,198 47,737 53,061 64,738 73,442 82,658
EBIT 1 33,390 40,421 52,820 42,338 46,068 56,840 64,638 73,061
Net income 1 23,905 29,987 39,328 33,145 35,446 41,592 48,049 54,942
Net Debt 1 -9,155 -8,434 -4,743 10,712 -13,164 -26,192 -40,132 -56,729
Reference price 2 868.84 984.59 1,311.65 1,125.52 1,174.80 1,320.00 1,320.00 1,320.00
Nbr of stocks (in thousands) 1,928,314 1,928,314 1,928,314 1,928,314 1,928,314 1,928,314 - -
Announcement Date 2/16/23 2/7/24 4/25/24 4/24/25 4/21/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.86x2.72x13.59x4.16% 233B
18.47x2.4x14.32x3.47% 75.79B
15.87x1.65x9.4x3.99% 42.32B
15.06x0.54x9.65x2.56% 39.2B
36.6x3.16x18.4x1.01% 32.27B
19.41x2.97x12.09x3.6% 32.22B
25.03x5.24x16.69x3.35% 28.39B
61.15x9.39x38.93x1.24% 26.33B
Average 26.43x 3.51x 16.63x 2.92% 63.71B
Weighted average by Cap. 22.41x 2.95x 14.74x 3.49%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Nestlé India Limited

Historical PBR trend

Valuation ratios - PBR - Nestlé India Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Nestlé India Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Nestlé India Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Nestlé India Limited