Company Valuation: Orient Cement Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 29,153 22,525 40,113 69,727 25,249 27,098 - -
Change - -22.73% 78.08% 73.83% -63.79% 7.32% - -
Enterprise Value (EV) 1 30,195 25,739 40,638 69,387 25,249 32,098 38,298 43,598
Change - -14.76% 57.89% 70.74% -63.61% 27.13% 19.32% 13.84%
P/E 11.1x 18.4x 23x 76.4x - 10.4x 9.56x 8.51x
PBR 1.91x 1.4x 2.3x 3.86x 1.18x 1.14x 1.04x 0.94x
PEG - -0.3x 0.5x -1.6x - - 1.1x 0.7x
Capitalization / Revenue 1.07x 0.77x 1.26x 2.57x 0.9x 1.06x 0.93x 0.9x
EV / Revenue 1.11x 0.88x 1.28x 2.56x 0.9x 1.26x 1.32x 1.45x
EV / EBITDA 5.11x 7.06x 9.05x 23x 4.63x 6.08x 5.95x 6.26x
EV / EBIT 6.77x 11.8x 13.5x 46.8x - 9.62x 9.53x 9.08x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.5 1.5 2.25 0.5 0.5 1.9 2.1 2.3
Rate of return 1.76% 1.36% 1.15% 0.15% 0.41% 1.44% 1.59% 1.74%
EPS 2 12.85 5.99 8.53 4.45 - 12.7 13.8 15.5
Distribution rate 19.5% 25% 26.4% 11.2% - 15% 15.2% 14.8%
Net sales 1 27,254 29,375 31,851 27,088 27,931 25,468 29,048 30,052
EBITDA 1 5,911 3,645 4,492 3,013 5,454 5,276 6,438 6,967
EBIT 1 4,459 2,177 3,001 1,483 - 3,335 4,018 4,800
Net income 1 2,633 1,228 1,749 912.5 - 2,608 2,826 3,171
Net Debt 1 1,042 3,213 524.8 -339.8 - 5,000 11,200 16,500
Reference price 2 142.30 109.95 195.80 339.95 122.89 131.89 131.89 131.89
Nbr of stocks (in thousands) 204,869 204,869 204,869 205,110 205,460 205,460 - -
Announcement Date 5/11/22 4/28/23 5/1/24 4/13/25 4/28/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.73x2.67x10.57x2.61% 48.82B
29.1x3.8x13.5x-.--% 18.04B
10.93x0.38x1.74x4.7% 13.06B
12.35x3.36x6.87x6.03% 12.74B
47.52x3.67x17.67x0.63% 9.36B
8.95x1.31x5.08x1.84% 8.42B
23.41x7.68x14.26x4.11% 7.87B
16.42x3.43x11.03x0.48% 6.4B
13.65x1.3x4.88x2.84% 5.84B
Average 20.23x 3.07x 9.51x 2.58% 14.51B
Weighted average by Cap. 20.51x 2.93x 9.87x 2.6%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield