Company Valuation: Cera Sanitaryware Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 64,702 83,044 88,151 72,716 58,833 72,955 - -
Change - 28.35% 6.15% -17.51% -19.09% 24% - -
Enterprise Value (EV) 1 59,685 76,690 80,214 65,852 58,833 64,012 63,188 72,955
Change - 28.49% 4.59% -17.9% -10.66% 8.8% -1.29% 15.46%
P/E 42.8x 39.7x 36.9x 29.6x - 29.2x 24.2x 21.3x
PBR 6.37x 7.08x 6.55x 5.37x - 4.5x 4.01x 3.67x
PEG - 1x 2.6x 8.19x - - 1.2x 1.6x
Capitalization / Revenue 4.48x 4.6x 4.69x 3.78x - 3.11x 2.78x 2.52x
EV / Revenue 4.13x 4.25x 4.27x 3.42x - 2.73x 2.4x 2.52x
EV / EBITDA 26.1x 26.2x 26.4x 22x - 20.3x 16.4x 16.3x
EV / EBIT 30.4x 29.5x 30.1x 25.4x - 23.3x 18.8x 18.5x
EV / FCF 76.2x 62.2x 46.6x 70.6x - 69.3x 29x 32.5x
FCF Yield 1.31% 1.61% 2.14% 1.42% - 1.44% 3.45% 3.08%
Dividend per Share 2 20 50 60 65 75 78.8 90.19 100.8
Rate of return 0.4% 0.78% 0.89% 1.15% 1.64% 1.39% 1.59% 1.78%
EPS 2 116.2 161 183.8 190.4 - 193.8 234.1 265.5
Distribution rate 17.2% 31.1% 32.7% 34.1% - 40.7% 38.5% 38%
Net sales 1 14,458 18,035 18,794 19,262 - 23,482 26,276 28,970
EBITDA 1 2,287 2,930 3,033 2,998 - 3,161 3,859 4,488
EBIT 1 1,963 2,604 2,667 2,592 - 2,748 3,360 3,954
Net income 1 1,511 2,094 2,390 2,465 - 2,499 3,018 3,425
Net Debt 1 -5,017 -6,354 -7,937 -6,864 - -8,942 -9,767 -
Reference price 2 4,974.80 6,385.10 6,777.75 5,637.95 4,561.60 5,656.50 5,656.50 5,656.50
Nbr of stocks (in thousands) 13,006 13,006 13,006 12,898 12,898 12,898 - -
Announcement Date 10/05/22 10/05/23 13/05/24 09/05/25 08/05/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.18x2.73x20.25x1.39% 764M
13.97x - - 4% 1.39B
16.84x - - 9.69% 903M
14.7x1.71x9.72x3.36% 333M
Average 18.67x 2.22x 14.98x 4.61% 848.57M
Weighted average by Cap. 18.23x 2.42x 17.05x 4.86%

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. CERA Stock
  4. Valuation Cera Sanitaryware Limited