Company Valuation: SGL Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 713.6 953.4 458.2 443.6 849.1 493.4
Change - 33.6% -51.94% -3.2% 91.43% -41.89%
Enterprise Value (EV) 1 1,042 1,255 993.2 1,084 980.3 1,298
Change - 20.52% -20.88% 9.15% -9.56% 32.39%
P/E 35.3x 64.2x 82.6x 27.8x 42.4x 461x
PBR 1.24x 1.32x 0.54x 0.52x 0.46x 0.27x
PEG - -1.6x -1.2x 0x -0.7x -4.9x
Capitalization / Revenue 1.65x 2.89x 2.69x 1.5x 1.74x 1.42x
EV / Revenue 2.4x 3.8x 5.84x 3.67x 2.01x 3.72x
EV / EBITDA 22.4x 29.5x 35x 35.3x 63.2x -14.7x
EV / EBIT 24.3x 32.7x 42.9x 42.2x 89x -14.4x
EV / FCF -7.08x -5.52x -4.21x -9.63x -3.07x -2.61x
FCF Yield -14.1% -18.1% -23.8% -10.4% -32.5% -38.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.4096 0.25 0.08 0.23 0.08 0.004271
Distribution rate - - - - - -
Net sales 1 433.8 330.3 170 295.3 487.1 348.7
EBITDA 1 46.41 42.6 28.38 30.7 15.52 -88.33
EBIT 1 42.9 38.37 23.17 25.71 11.01 -90.32
Net income 1 20.24 19.56 5.796 16.16 14.52 1.07
Net Debt 1 328 301.9 535 640.4 131.2 804.5
Reference price 2 14.440 16.050 6.610 6.400 3.390 1.970
Nbr of stocks (in thousands) 49,420 59,403 69,322 69,307 250,480 250,480
Announcement Date 9/4/21 8/24/22 9/5/23 9/6/24 9/8/25 9/8/26
1INR in Million2INR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 6.08M
25.84x9.55x15.6x0.78% 3,779B
122.39x53.41x86.68x-.--% 449B
20.74x5.91x10.35x1.45% 418B
246.44x21.98x64.36x-.--% 318B
2627.4x44.03x141.84x-.--% 270B
26.23x5.26x16.59x1.45% 242B
84.11x8.16x21.85x-.--% 134B
56.9x15.32x40.35x-.--% 129B
19.51x12.46x14.84x-.--% 102B
Average 358.84x 19.57x 45.83x 0.41% 584.18B
Weighted average by Cap. 166.90x 14.90x 29.89x 0.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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