Company Valuation: Mastek Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 99,714 47,039 78,437 67,485 41,605 54,621 - -
Change - -52.83% 66.75% -13.96% -38.35% 31.29% - -
Enterprise Value (EV) 1 99,714 48,988 79,801 66,815 36,428 46,147 42,225 37,701
Change - -50.87% 62.9% -16.27% -45.48% 26.68% -8.5% -10.71%
P/E 32x 16.1x 26.1x 18.1x 10.4x 12.7x 11.4x 10.1x
PBR 9.31x 2.79x 3.73x 2.74x - 1.64x 1.47x -
PEG - -2.02x 14.5x 0.8x 1.42x 1.77x 1x 0.7x
Capitalization / Revenue 4.57x 1.84x 2.57x 1.95x 1.12x 1.33x 1.24x 1.11x
EV / Revenue 4.57x 1.91x 2.61x 1.93x 0.98x 1.13x 0.96x 0.77x
EV / EBITDA 21.6x 10.7x 15.7x 12.2x 6.22x 7.49x 6.13x 4.89x
EV / EBIT 23.8x 12.6x 19.1x 14.2x 7.1x 8.28x 6.75x 5.27x
EV / FCF 42.1x 64.8x 20.5x 17.8x 7.09x 12.1x 9.59x 7.53x
FCF Yield 2.37% 1.54% 4.87% 5.61% 14.1% 8.28% 10.4% 13.3%
Dividend per Share 2 19 19 19 23 24 24.7 28.35 29.4
Rate of return 0.57% 1.23% 0.75% 1.05% 1.79% 1.4% 1.61% 1.67%
EPS 2 103.8 95.53 97.25 120.6 129.5 138.8 154.1 175.1
Distribution rate 18.3% 19.9% 19.5% 19.1% 18.5% 17.8% 18.4% 16.8%
Net sales 1 21,838 25,634 30,548 34,552 36,988 40,926 44,205 49,214
EBITDA 1 4,625 4,558 5,087 5,464 5,856 6,161 6,888 7,716
EBIT 1 4,196 3,885 4,188 4,713 5,130 5,572 6,251 7,156
Net income 1 2,951 2,930 3,003 3,759 4,040 4,340 4,825 5,576
Net Debt 1 - 1,949 1,364 -669.6 -5,177 -8,474 -12,396 -16,920
Reference price 2 3,321.80 1,541.00 2,543.00 2,181.15 1,342.20 1,761.60 1,761.60 1,761.60
Nbr of stocks (in thousands) 30,018 30,525 30,844 30,940 30,997 31,006 - -
Announcement Date 20/04/22 19/04/23 26/04/24 18/04/25 17/04/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.69x1.13x7.49x1.4% 575M
25.36x4.08x14.19x2.67% 240B
23.79x4.98x12.21x0.7% 205B
17.03x1.93x9.96x2.78% 147B
-561.92x39.94x164.06x-.--% 116B
-128.1x17.78x97.77x-.--% 115B
16.5x2.98x11.48x4.88% 96.43B
23.56x6.08x14.93x2.4% 70.72B
25.06x2.08x13.2x1.24% 49.53B
15.19x2.19x9.33x5.14% 49.23B
Average -53.09x 8.32x 35.46x 2.12% 108.87B
Weighted average by Cap. -56.18x 9.08x 37.56x 1.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Mastek Limited

Historical PBR trend

Valuation ratios - PBR - Mastek Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Mastek Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Mastek Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Mastek Limited
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