Company Valuation: Voltas Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 412,084 270,746 365,148 482,662 421,150 387,135 - -
Change - -34.3% 34.87% 32.18% -12.74% -8.08% - -
Enterprise Value (EV) 1 409,975 269,822 363,758 484,512 423,005 372,119 371,786 364,397
Change - -34.19% 34.81% 33.2% -12.69% -12.03% -0.09% -1.99%
P/E 81.8x 201x 145x 57.4x 112x 51.7x 36.1x 28.7x
PBR 7.49x 4.97x 6.27x 7.41x 6.6x 5.61x 5.05x 4.57x
PEG - -2.7x 1.7x 0x -2x 0.5x 0.8x 1.1x
Capitalization / Revenue 5.19x 2.85x 2.93x 3.13x 2.96x 2.31x 1.98x 1.73x
EV / Revenue 5.17x 2.84x 2.91x 3.14x 2.97x 2.22x 1.9x 1.63x
EV / EBITDA 60.2x 47.1x 76.6x 43.4x 65.4x 36x 26.4x 22.2x
EV / EBIT 63.6x 50.6x 85.2x 46x 75.2x 39.8x 28.7x 23.5x
EV / FCF 76.5x -1,494x 76.9x -112x -685x 68.3x 55.5x 48.6x
FCF Yield 1.31% -0.07% 1.3% -0.89% -0.15% 1.46% 1.8% 2.06%
Dividend per Share 2 5.5 4.25 5.5 7 4 6.783 8.832 10.85
Rate of return 0.44% 0.52% 0.5% 0.48% 0.31% 0.58% 0.75% 0.93%
EPS 2 15.23 4.08 7.62 25.43 11.35 22.64 32.37 40.77
Distribution rate 36.1% 104% 72.2% 27.5% 35.2% 30% 27.3% 26.6%
Net sales 1 79,344 94,988 124,812 154,128 142,445 167,508 195,998 223,795
EBITDA 1 6,816 5,724 4,746 11,162 6,469 10,347 14,059 16,402
EBIT 1 6,443 5,328 4,270 10,544 5,628 9,344 12,971 15,500
Net income 1 5,041 1,350 2,520 8,414 3,759 7,574 10,739 13,480
Net Debt 1 -2,108 -924.1 -1,390 1,851 1,855 -15,016 -15,349 -22,739
Reference price 2 1,245.40 818.25 1,103.55 1,458.70 1,272.80 1,170.00 1,170.00 1,170.00
Nbr of stocks (in thousands) 330,885 330,885 330,885 330,885 330,885 330,885 - -
Announcement Date 5/5/22 26/4/23 7/5/24 7/5/25 14/5/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
51.69x2.22x35.96x0.58% 4.1B
29.56x4.26x20.86x0.91% 98.55B
30.42x3.78x20.29x1.12% 87.8B
29.4x2.56x12.48x1.65% 49.22B
20.52x1.09x7.95x1.76% 36.56B
16.48x2.6x11.84x1.32% 13.5B
25.88x1.51x14.84x3.97% 12.17B
27.03x2.38x13.76x1.12% 9.26B
16.69x2.21x10.76x2.38% 8.22B
26.46x2x15.39x1.2% 7.36B
Average 27.41x 2.46x 16.41x 1.6% 32.67B
Weighted average by Cap. 27.89x 3.17x 17.01x 1.35%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. VOLTAS Stock
  4. Valuation Voltas Limited