Company Valuation: Orient Bell Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 2,930 7,289 7,240 5,020 3,335 3,711
Change - 148.81% -0.67% -30.66% -33.57% 11.27%
Enterprise Value (EV) 1 3,320 7,218 7,294 5,341 3,451 3,430
Change - 117.42% 1.05% -26.78% -35.39% -0.6%
P/E 38.4x 22.9x 32.7x 559x 118x 30x
PBR 1.18x 2.56x 2.33x 1.62x 1.06x 1.13x
PEG - 0x -1.1x -5.8x 1x 0x
Capitalization / Revenue 0.58x 1.11x 1.03x 0.74x 0.5x 0.54x
EV / Revenue 0.66x 1.1x 1.03x 0.79x 0.52x 0.5x
EV / EBITDA 10.4x 12.9x 15.1x 24.7x 12x 8.62x
EV / EBIT 24.3x 19.5x 24.7x 242x 43.2x 18.5x
EV / FCF 54.8x 33.9x -50.5x -18.8x 18x 9.03x
FCF Yield 1.82% 2.95% -1.98% -5.33% 5.54% 11.1%
Dividend per Share 2 0.5 1 1 0.5 0.5 1
Rate of return 0.24% 0.2% 0.2% 0.14% 0.22% 0.39%
EPS 2 5.32 22.04 15.29 0.62 1.93 8.43
Distribution rate 9.4% 4.54% 6.54% 80.6% 25.9% 11.9%
Net sales 1 5,025 6,543 7,051 6,745 6,698 6,915
EBITDA 1 319.7 557.8 483.8 215.8 287.4 397.8
EBIT 1 136.8 369.5 295.6 22.06 79.95 185.1
Net income 1 76.81 321.9 224.9 9.124 28.42 124.3
Net Debt 1 390.5 -70.58 54.38 320.6 115.7 -280.7
Reference price 2 204.10 505.55 499.75 346.55 227.65 253.30
Nbr of stocks (in thousands) 14,354 14,418 14,487 14,487 14,650 14,650
Announcement Date 6/30/21 6/28/22 7/3/23 7/12/24 7/10/25 7/17/26
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 50.12M
18.53x1.57x11.68x0.81% 15.45B
15.33x - - 0.36% 1.96B
15.32x0.94x7.23x3.22% 1.37B
21.7x - - 3% 563M
Average 17.72x 1.26x 9.46x 1.84% 3.88B
Weighted average by Cap. 18.07x 1.52x 11.32x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Orient Bell Limited