Company Valuation: J.K. Cement Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 187,874 225,871 315,011 381,087 392,357 378,657 - -
Change - 20.22% 39.47% 20.98% 2.96% -3.49% - -
Enterprise Value (EV) 1 223,171 261,802 357,730 422,228 448,075 442,431 441,369 441,792
Change - 17.31% 36.64% 18.03% 6.12% -1.26% -0.24% 0.1%
P/E 27.7x 53x 39.8x 44.3x 39.5x 35x 27x 22.4x
PBR 4.34x 4.82x 5.87x 6.26x 5.58x 4.79x 4.14x 3.5x
PEG - -1.4x 0.5x 4.99x 2.6x 3.83x 0.9x 1.1x
Capitalization / Revenue 2.35x 2.32x 2.73x 3.21x 2.86x 2.38x 2.11x 1.89x
EV / Revenue 2.79x 2.69x 3.1x 3.55x 3.27x 2.78x 2.46x 2.2x
EV / EBITDA 15.1x 19.9x 17.4x 20.8x 18.9x 17x 13.7x 11.9x
EV / EBIT 19.6x 30.6x 24.1x 29.6x 26x 23.5x 18.7x 15.9x
EV / FCF -33x -112x 45.5x 192x -114x -32.6x 105x 36.2x
FCF Yield -3.03% -0.9% 2.2% 0.52% -0.88% -3.07% 0.96% 2.77%
Dividend per Share 2 15 15 20 15 20 19.91 21.11 28.09
Rate of return 0.62% 0.51% 0.49% 0.3% 0.39% 0.41% 0.43% 0.57%
EPS 2 87.9 55.17 102.4 111.4 128.4 140.2 181.2 218.8
Distribution rate 17.1% 27.2% 19.5% 13.5% 15.6% 14.2% 11.7% 12.8%
Net sales 1 79,908 97,202 115,560 118,792 137,223 159,250 179,138 200,571
EBITDA 1 14,822 13,143 20,598 20,271 23,742 26,082 32,309 37,254
EBIT 1 11,397 8,561 14,872 14,257 17,213 18,830 23,542 27,732
Net income 1 6,871 4,263 7,908 8,611 9,925 10,819 13,849 16,641
Net Debt 1 35,297 35,931 42,719 41,141 55,718 63,774 62,712 63,135
Reference price 2 2,431.45 2,923.20 4,076.85 4,932.00 5,077.85 4,900.55 4,900.55 4,900.55
Nbr of stocks (in thousands) 77,268 77,268 77,268 77,268 77,268 77,268 - -
Announcement Date 21/05/22 27/05/23 12/05/24 24/05/25 23/05/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.91x2.77x16.94x0.41% 3.97B
13.93x1.66x8.12x1.97% 52.69B
17.67x2.43x9.64x2.92% 42.38B
26.18x5.75x17.33x0.73% 33.46B
32.37x3.35x17.24x1.03% 33.37B
27.7x4.29x14.49x0.87% 31.33B
11.19x1.35x6.32x2.75% 27.59B
18.43x5.8x12.12x2.43% 21.48B
66.27x4.11x63.71x0.35% 20.48B
14.68x1.86x7.55x1.49% 19.65B
Average 26.33x 3.34x 17.35x 1.49% 28.64B
Weighted average by Cap. 23.73x 3.22x 15.36x 1.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - J.K. Cement Limited

Historical PBR trend

Valuation ratios - PBR - J.K. Cement Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - J.K. Cement Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - J.K. Cement Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - J.K. Cement Limited
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