Company Valuation: Worth Peripherals Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 757.6 1,620 1,449 1,589 2,358 1,835
Change - 113.83% -10.55% 9.67% 48.34% -22.15%
Enterprise Value (EV) 1 831.7 1,631 1,068 1,199 1,866 1,908
Change - 96.09% -34.51% 12.3% 55.61% 2.25%
P/E 4.74x 8.47x 8.02x 10x 15.3x 12.5x
PBR 0.71x 1.29x 1.01x 1x 1.36x 0.98x
PEG - 0.4x -1.43x -0.8x -5.49x -2.39x
Capitalization / Revenue 0.35x 0.55x 0.49x 0.67x 0.85x 0.6x
EV / Revenue 0.38x 0.56x 0.36x 0.5x 0.68x 0.63x
EV / EBITDA 3.03x 4.67x 3.13x 4.67x 6.71x 5.77x
EV / EBIT 3.9x 5.68x 3.81x 6.11x 8.75x 7.23x
EV / FCF -19.6x 463x 2.85x -22.6x 15.9x -3.52x
FCF Yield -5.11% 0.22% 35% -4.42% 6.27% -28.4%
Dividend per Share 2 2 1 1 1 1 1
Rate of return 4.16% 0.97% 1.09% 0.99% 0.67% 0.86%
EPS 2 10.15 12.15 11.47 10.08 9.799 9.286
Distribution rate 19.7% 8.23% 8.72% 9.92% 10.2% 10.8%
Net sales 1 2,167 2,928 2,975 2,385 2,758 3,049
EBITDA 1 274.9 349.2 341.4 256.8 278 330.8
EBIT 1 213 287 280.4 196.3 213.3 264
Net income 1 159.8 191.4 180.6 158.8 154.3 146.3
Net Debt 1 74.06 10.85 -381.1 -389.9 -491.3 73.11
Reference price 2 48.10 102.85 92.00 100.90 149.68 116.52
Nbr of stocks (in thousands) 15,751 15,751 15,751 15,751 15,751 15,751
Announcement Date 8/13/21 8/13/22 8/9/23 7/25/24 8/30/25 8/21/26
1INR in Million2INR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 25.81M
24.53x1.15x7.44x4.01% 24.01B
23.9x2.41x11.6x2.26% 21.01B
29.71x1.16x8.86x4.82% 19.72B
20.14x2.29x9.34x1.88% 6.37B
19.97x2.34x13.98x2.74% 5.32B
13.18x1.18x6.82x4.12% 5.14B
-101.45x0.86x8.08x2.13% 5B
6.99x1.28x9.12x1.58% 3.91B
14.74x1.1x7.49x3.76% 3.81B
Average 5.74x 1.53x 9.19x 3.03% 9.43B
Weighted average by Cap. 16.50x 1.57x 9.23x 3.37%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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