Company Valuation: Cipla Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 821,377 726,839 1,208,588 1,164,745 988,887 1,122,358 - -
Change - -11.51% 66.28% -3.63% -15.1% 13.5% - -
Enterprise Value (EV) 1 810,334 716,397 1,154,239 1,084,736 901,599 1,023,708 997,488 980,417
Change - -11.59% 61.12% -6.02% -16.88% 13.54% -2.56% -1.71%
P/E Ratio 32.7x 26x 29.3x 22.1x 25.5x 26.8x 21.9x 19.4x
PBR 3.94x 3.11x 4.53x 3.73x 2.87x 2.98x 2.7x 2.45x
PEG - 2.3x 0.6x 0.8x -1x 3.38x 1x 1.5x
Capitalization / Revenue 3.77x 3.19x 4.69x 4.23x 3.51x 3.61x 3.24x 2.96x
EV / Revenue 3.72x 3.15x 4.48x 3.94x 3.2x 3.3x 2.88x 2.59x
EV / EBITDA 17.8x 14.3x 18.3x 15.2x 15.3x 16.9x 13.6x 11.9x
EV / EBIT 23.1x 18.6x 22x 18x 19.3x 21.5x 16.7x 14.4x
EV / FCF 29.1x 29.9x 38x 28.2x 38.5x 34x 27.6x 26x
FCF Yield 3.43% 3.35% 2.63% 3.54% 2.6% 2.94% 3.62% 3.85%
Dividend per Share 2 5 8.5 13 13 13 12.47 14.15 14.1
Rate of return 0.49% 0.94% 0.87% 0.9% 1.06% 0.9% 1.02% 1.01%
EPS 2 31.17 34.69 51.01 65.24 48 51.81 63.39 71.67
Distribution rate 16% 24.5% 25.5% 19.9% 27.1% 24.1% 22.3% 19.7%
Net sales 1 217,633 227,531 257,741 275,476 281,626 310,614 346,427 378,943
EBITDA 1 45,528 50,270 62,910 71,279 58,829 60,649 73,604 82,700
EBIT 1 35,008 38,549 52,400 60,210 46,719 47,621 59,650 67,909
Net income 1 25,168 28,019 41,216 52,725 38,792 41,871 51,212 57,759
Net Debt 1 -11,043 -10,443 -54,350 -80,010 -87,289 -98,650 -124,870 -141,941
Reference price 2 1,018.05 900.50 1,496.95 1,442.20 1,224.20 1,389.40 1,389.40 1,389.40
Nbr of stocks (in thousands) 806,814 807,151 807,367 807,617 807,783 807,801 - -
Announcement Date 10/05/22 12/05/23 10/05/24 13/05/25 13/05/26 - - -
1INR in Million2INR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.82x3.3x16.88x0.9% 11.81B
37.29x7.06x24.07x0.83% 45.63B
17.01x1.89x8.98x1.43% 33.53B
24.23x4.23x15.75x0.73% 11.69B
19.49x3.37x12.21x3.5% 9.12B
8.33x1.96x5.12x5.2% 7.16B
14.59x1.91x7.25x3.68% 6.49B
33x3.75x15.96x0.24% 6.45B
41.73x - - - 5.16B
37.34x7.14x26.48x1.06% 4.11B
Average 25.98x 3.85x 14.74x 1.95% 14.12B
Weighted average by Cap. 26.82x 4.30x 16.10x 1.5%

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. CIPLA Stock
  4. Valuation Cipla Limited
- 40% : Our Best Subscriber-Only Tools to Spot Tomorrow’s Top Investments!
d
:
:
SEIZE THE OFFER!