Company Valuation: The Ruby Mills Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 2,102 2,740 5,391 5,051 6,151 6,247
Change - 30.39% 96.74% -6.31% 21.78% 1.55%
Enterprise Value (EV) 1 5,655 6,227 7,931 6,422 7,553 8,477
Change - 10.12% 27.37% -19.03% 17.62% 12.24%
P/E 7.59x 10.6x 17.4x 14.3x 13.8x 14.8x
PBR 0.44x 0.55x 1.02x 0.9x 1.02x 0.98x
PEG - -1.59x 0.9x 1.1x 0.5x -2.96x
Capitalization / Revenue 1.15x 2.22x 2.71x 1.95x 2.6x 2.57x
EV / Revenue 3.09x 5.05x 3.99x 2.47x 3.19x 3.49x
EV / EBITDA 12.8x 16.6x 14.6x 12.6x 13.7x 18.9x
EV / EBIT 17.1x 20.8x 17.4x 15x 16x 24.9x
EV / FCF 12.8x 13.5x 74.3x -153x -5.82x 9.39x
FCF Yield 7.83% 7.43% 1.35% -0.66% -17.2% 10.6%
Dividend per Share 2 0.875 0.375 1.5 1.25 1.75 1.75
Rate of return 1.39% 0.46% 0.93% 0.83% 0.95% 0.94%
EPS 2 8.282 7.73 9.284 10.53 13.32 12.65
Distribution rate 10.6% 4.85% 16.2% 11.9% 13.1% 13.8%
Net sales 1 1,831 1,233 1,990 2,597 2,370 2,427
EBITDA 1 442.8 375.5 542.9 511.2 550.7 448.1
EBIT 1 330.4 299.4 455.8 429 471.8 341
Net income 1 277 258.5 310.5 352.3 445.4 423.1
Net Debt 1 3,553 3,487 2,540 1,371 1,402 2,231
Reference price 2 62.85 81.95 161.22 151.05 183.95 186.80
Nbr of stocks (in thousands) 33,440 33,440 33,440 33,440 33,440 33,440
Announcement Date 11/24/20 9/3/21 9/1/22 9/5/23 8/29/24 8/18/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.72x1.91x15.08x0.76% 1.81B
12.55x - - 6.92% 1.73B
10.49x - - 2.87% 1.17B
26.79x - - - 919M
9.16x - - 5.14% 792M
4.54x - - 3.38% 756M
Average 14.37x 1.91x 15.08x 3.81% 1.2B
Weighted average by Cap. 15.39x 1.91x 15.08x 3.73%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA