Company Valuation: THIK PICT

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 592.6 872.5 1,741 2,287 1,019 554.6
Change - 47.25% 99.49% 31.37% -55.44% -45.57%
Enterprise Value (EV) 1 598.3 877.2 1,747 2,280 1,021 555.7
Change - 46.63% 99.13% 30.54% -55.2% -45.6%
P/E 38.6x -463x 57.6x 51.5x 40.6x -118x
PBR 1.94x 2.87x 5.26x 2.92x 0.98x 0.37x
PEG - 4x -0x 1.1x -0.9x 1x
Capitalization / Revenue 1.22x 54.3x 18.6x 9.05x 10.4x 6.17x
EV / Revenue 1.23x 54.5x 18.7x 9.02x 10.4x 6.18x
EV / EBITDA 32.2x -226x 45.9x 38.6x 34.4x -45.5x
EV / EBIT 34.9x -153x 48.3x 40.1x 36.6x -41.3x
EV / FCF -7.65x -821x -175x -15x -10.5x -1.45x
FCF Yield -13.1% -0.12% -0.57% -6.67% -9.49% -69.1%
Dividend per Share 2 - - 0.0067 0.01 - -
Rate of return - - 0.17% 0.19% - -
EPS 2 0.0345 -0.004239 0.068 0.1 0.0565 -0.0033
Distribution rate - - 9.85% 10% - -
Net sales 1 485.6 16.08 93.6 252.8 97.92 89.88
EBITDA 1 18.56 -3.884 38.04 59.13 29.68 -12.21
EBIT 1 17.16 -5.728 36.2 56.81 27.89 -13.45
Net income 1 13.54 -1.884 30.34 44.47 25.11 -0.946
Net Debt 1 5.693 4.647 6.068 -6.495 2.579 1.102
Reference price 2 1.3333 1.9633 3.9167 5.1453 2.2927 0.3900
Nbr of stocks (in thousands) 444,420 444,420 444,420 444,420 444,420 1,422,144
Announcement Date 12/4/20 9/9/21 10/4/22 9/8/23 9/8/25 9/8/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
50.57x3.53x25.71x-.--% 22.61B
14.45x1.11x5.2x3.4% 1.21B
15.33x2.41x8.68x4.63% 252M
Average 26.78x 2.35x 13.20x 2.68% 8.02B
Weighted average by Cap. 48.39x 3.39x 24.51x 0.22%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA