Company Valuation: Transport Corporation of India Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 46,327 48,621 63,097 84,461 70,835 66,397 - -
Change - 4.95% 29.77% 33.86% -16.13% -6.26% - -
Enterprise Value (EV) 1 46,202 47,400 60,338 83,453 69,875 67,266 67,047 68,149
Change - 2.59% 27.3% 38.31% -16.27% -3.73% -0.33% 1.64%
P/E 16x 15.4x 18x 20.7x 15.5x 14.2x 12.7x 11.8x
PBR 3.24x 2.86x 3.14x 3.91x 2.75x 2.24x 2.01x 1.71x
PEG - 1.65x 1.7x 1.1x 1.4x 5.61x 1.1x 1.43x
Capitalization / Revenue 1.42x 1.29x 1.57x 1.88x 1.44x 1.22x 1.1x 0.99x
EV / Revenue 1.42x 1.25x 1.5x 1.86x 1.42x 1.24x 1.11x 1.01x
EV / EBITDA 11.3x 10.1x 14.7x 18.1x 13.5x 11.9x 10.6x 9.51x
EV / EBIT 14.3x 13.7x 16.9x 24.3x 17.9x 15.8x 13.9x 13.2x
EV / FCF 15.8x 23.2x 106x 835x 217x -71.6x 192x 126x
FCF Yield 6.32% 4.32% 0.94% 0.12% 0.46% -1.4% 0.52% 0.8%
Dividend per Share 2 6 5 7 - 10 7.333 7.667 11
Rate of return 1% 0.8% 0.86% - 1.08% 0.85% 0.89% 1.27%
EPS 2 37.34 40.83 45.06 53.32 59.38 60.88 67.85 73.45
Distribution rate 16.1% 12.2% 15.5% - 16.8% 12% 11.3% 15%
Net sales 1 32,567 37,826 40,242 44,918 49,168 54,215 60,191 67,210
EBITDA 1 4,087 4,684 4,105 4,611 5,171 5,661 6,353 7,162
EBIT 1 3,234 3,470 3,580 3,433 3,898 4,252 4,826 5,146
Net income 1 2,896 3,173 3,508 4,125 4,563 4,683 5,200 5,658
Net Debt 1 -125.2 -1,221 -2,759 -1,008 -960 869 650 1,752
Reference price 2 599.10 626.85 811.60 1,102.50 923.00 864.20 864.20 864.20
Nbr of stocks (in thousands) 77,328 77,563 77,744 76,609 76,744 76,831 - -
Announcement Date 5/28/22 5/18/23 5/15/24 5/14/25 5/26/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.19x1.24x11.88x0.85% 700M
22.43x7.31x14.55x1.92% 172B
24.35x7.03x14.76x1.18% 90.17B
25.33x8.05x15.9x0.81% 76.74B
21.16x6.81x14.14x2.14% 73.86B
26.83x6.62x15.04x1.66% 73.43B
32.03x6.43x19.25x0.61% 38.92B
38.38x2.71x16.02x-.--% 21.86B
31.44x1.62x13.05x0.79% 21.33B
22.29x2.12x11.85x - 16.93B
Average 25.84x 5.00x 14.64x 1.11% 58.56B
Weighted average by Cap. 25.05x 6.62x 15.00x 1.44%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Transport Corporation of India Limited

Historical PBR trend

Valuation ratios - PBR - Transport Corporation of India Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Transport Corporation of India Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Transport Corporation of India Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Transport Corporation of India Limited
  1. Stock Market
  2. Stocks
  3. TCI Stock
  4. Valuation Transport Corporation of India Limited