Company Valuation: MMTC Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 63,600 66,225 41,850 99,615 78,330 78,255
Change - 4.13% -36.81% 138.03% -21.37% -0.1%
Enterprise Value (EV) 1 86,165 90,952 31,009 88,526 65,256 60,711
Change - 5.56% -65.91% 185.49% -26.29% -6.97%
P/E -8.06x -25.2x 2.68x 51.8x 90.4x 20.2x
PBR 63.8x -44.7x 2.96x 6.13x 4.6x 3.69x
PEG - 0.4x -0x -0.6x -1.6x 0x
Capitalization / Revenue 0.21x 0.56x 1.19x 1,865x 2,912x 2,295x
EV / Revenue 0.29x 0.77x 0.88x 1,658x 2,426x 1,780x
EV / EBITDA -146x 20.5x -28.5x -54.4x -47.1x -33.4x
EV / EBIT -136x 20.7x -27.5x -53.1x -45.6x -32.5x
EV / FCF 3.51x -64.3x 1.71x -65.9x -51.7x -127x
FCF Yield 28.5% -1.55% 58.5% -1.52% -1.93% -0.79%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -5.262 -1.749 10.42 1.281 0.5775 2.583
Distribution rate - - - - - -
Net sales 1 300,015 117,962 35,282 53.4 26.9 34.1
EBITDA 1 -590.7 4,444 -1,089 -1,627 -1,386 -1,817
EBIT 1 -634.3 4,402 -1,128 -1,668 -1,431 -1,867
Net income 1 -7,893 -2,624 15,623 1,922 866.3 3,874
Net Debt 1 22,565 24,727 -10,841 -11,089 -13,074 -17,544
Reference price 2 42.40 44.15 27.90 66.41 52.22 52.17
Nbr of stocks (in thousands) 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Announcement Date 24/11/21 16/11/22 30/10/23 05/09/24 01/09/25 24/08/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.02B
17.28x4.12x7.4x3.36% 228B
12.17x3.01x6.53x4.83% 177B
16.04x4.53x7.5x3.03% 104B
13.21x0.41x6.53x3.16% 95.49B
27.3x6.77x17.77x-.--% 69.05B
53.76x3.31x8.13x1.13% 60.36B
16.04x3.26x6.45x0.56% 33.89B
14.16x4.61x7.01x4.09% 31.35B
13.52x4.86x8.58x3.79% 26.85B
Average 20.39x 3.87x 8.43x 2.66% 82.66B
Weighted average by Cap. 18.77x 3.67x 8.03x 3.09%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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