Company Valuation: PANA STUD

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 272.8 384.5 920.4 1,936 11,311 14,170
Change - 40.97% 139.37% 110.34% 484.2% 25.28%
Enterprise Value (EV) 1 527.3 620.7 1,615 2,313 11,427 14,809
Change - 17.72% 160.21% 43.22% 393.98% 29.6%
P/E 5.27x 8.84x 132x 5.2x 27.9x 33.7x
PBR 1.94x 2.01x 3.86x 3.17x 8.41x 7.37x
PEG - -0.6x -1.5x 0x 20.63x -15.5x
Capitalization / Revenue 0.09x 0.5x 1.11x 0.52x 2.57x 3.89x
EV / Revenue 0.17x 0.81x 1.95x 0.62x 2.6x 4.07x
EV / EBITDA 4.34x 4.37x -69.7x 3.94x 18.2x 24.5x
EV / EBIT 4.9x 4.84x -41.9x 4.04x 18.9x 25.7x
EV / FCF -3.52x -29.2x -3.51x 12.7x -40.1x -22.5x
FCF Yield -28.4% -3.42% -28.5% 7.89% -2.5% -4.45%
Dividend per Share 2 - - - - 0.0571 0.0571
Rate of return - - - - 0.12% 0.1%
EPS 2 0.3907 0.3282 0.0321 1.71 1.733 1.696
Distribution rate - - - - 3.29% 3.37%
Net sales 1 3,138 763.2 829.1 3,750 4,401 3,642
EBITDA 1 121.4 141.9 -23.18 587.4 628.8 605.3
EBIT 1 107.6 128.1 -38.55 573.1 604.9 576.8
Net income 1 42.57 50.51 6.886 372.5 381 418.7
Net Debt 1 254.5 236.2 694.7 377.1 116.2 638.9
Reference price 2 2.06 2.90 4.23 8.89 48.43 57.07
Nbr of stocks (in thousands) 132,593 132,593 217,818 217,818 233,568 248,286
Announcement Date 11/30/20 9/8/21 9/8/22 9/8/23 9/7/24 9/7/25
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
Average
Weighted average by Cap.

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA