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 45,254 - -
Change - -52.83% 66.75% -13.96% -38.35% 8.77% - -
Enterprise Value (EV) 1 99,714 48,988 79,801 66,815 36,428 36,769 33,108 28,842
Change - -50.87% 62.9% -16.27% -45.48% 0.94% -9.96% -12.89%
P/E 32x 16.1x 26.1x 18.1x 10.4x 10.7x 9.74x 8.62x
PBR 9.31x 2.79x 3.73x 2.74x - 1.38x 1.24x 1.15x
PEG - -2.02x 14.5x 0.8x 1.42x 2.01x 0.99x 0.7x
Capitalization / Revenue 4.57x 1.84x 2.57x 1.95x 1.12x 1.11x 1.03x 0.94x
EV / Revenue 4.57x 1.91x 2.61x 1.93x 0.98x 0.9x 0.75x 0.6x
EV / EBITDA 21.6x 10.7x 15.7x 12.2x 6.22x 6x 4.9x 3.86x
EV / EBIT 23.8x 12.6x 19.1x 14.2x 7.1x 6.87x 5.47x 4.25x
EV / FCF 42.1x 64.8x 20.5x 17.8x 7.09x 9.33x 7.81x 5.87x
FCF Yield 2.37% 1.54% 4.87% 5.61% 14.1% 10.7% 12.8% 17%
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% 1.69% 1.94% 2.01%
EPS 2 103.8 95.53 97.25 120.6 129.5 136.4 149.8 169.3
Distribution rate 18.3% 19.9% 19.5% 19.1% 18.5% 18.1% 18.9% 17.4%
Net sales 1 21,838 25,634 30,548 34,552 36,988 40,861 43,933 48,216
EBITDA 1 4,625 4,558 5,087 5,464 5,856 6,124 6,752 7,472
EBIT 1 4,196 3,885 4,188 4,713 5,130 5,350 6,057 6,787
Net income 1 2,951 2,930 3,003 3,759 4,040 4,267 4,680 5,285
Net Debt 1 - 1,949 1,364 -669.6 -5,177 -8,485 -12,146 -16,412
Reference price 2 3,321.80 1,541.00 2,543.00 2,181.15 1,342.20 1,459.50 1,459.50 1,459.50
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.($)
11.29x0.96x6.41x1.6% 503M
25.03x4.04x14.03x2.7% 237B
23.05x4.84x11.87x0.72% 198B
16.05x1.83x9.4x2.95% 139B
-565.49x40.19x165.11x-.--% 117B
-134.06x18.45x101.45x-.--% 119B
16.28x2.93x11.32x4.94% 95.11B
22.8x5.91x14.51x2.48% 68.03B
15.27x2.22x9.43x4.99% 49.59B
25.04x2.08x13.19x1.24% 49.17B
Average -54.47x 8.34x 35.67x 2.16% 107.17B
Weighted average by Cap. -59.84x 9.28x 38.72x 2%

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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