Company Valuation: Mphasis Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 634,185 338,451 451,265 475,353 391,934 436,966 - -
Change - -46.63% 33.33% 5.34% -17.55% 11.49% - -
Enterprise Value (EV) 1 620,214 316,223 432,630 452,542 379,124 425,573 412,130 408,104
Change - -49.01% 36.81% 4.6% -16.22% 12.25% -3.16% -0.98%
P/E 44.7x 20.8x 29.2x 28x 21.1x 20.3x 18.1x 16.4x
PBR 9.2x 4.27x 5.13x 4.94x 3.65x 3.71x 3.43x 3.12x
PEG - 1.5x -5.56x 3.04x 2.31x 1.3x 1.5x 1.6x
Capitalization / Revenue 5.3x 2.45x 3.4x 3.34x 2.47x 2.4x 2.19x 2x
EV / Revenue 5.19x 2.29x 3.26x 3.18x 2.39x 2.34x 2.07x 1.87x
EV / EBITDA 29.3x 13x 17.9x 17.1x 12.7x 12.6x 11x 10x
EV / EBIT 33.9x 15x 21.5x 20.8x 15.6x 15.3x 13.2x 12x
EV / FCF 38.9x 23.4x 20.7x 24.5x 40.5x 20.3x 18.2x 16.3x
FCF Yield 2.57% 4.26% 4.82% 4.07% 2.47% 4.93% 5.48% 6.12%
Dividend per Share 2 46 50 50 55 62 69.42 74.91 83.66
Rate of return 1.36% 2.78% 2.09% 2.2% 3.02% 3.03% 3.27% 3.65%
EPS 2 75.61 86.37 81.83 89.36 97.54 112.6 126.6 139.6
Distribution rate 60.8% 57.9% 61.1% 61.5% 63.6% 61.7% 59.2% 59.9%
Net sales 1 119,614 137,985 132,785 142,300 158,796 181,949 199,146 218,419
EBITDA 1 21,176 24,340 24,219 26,470 29,782 33,819 37,301 40,676
EBIT 1 18,269 21,087 20,114 21,706 24,229 27,859 31,133 34,124
Net income 1 14,309 16,379 15,548 17,021 18,626 21,320 24,181 26,968
Net Debt 1 -13,972 -22,228 -18,636 -22,811 -12,810 -11,393 -24,836 -28,862
Reference price 2 3,376.60 1,796.45 2,388.20 2,500.75 2,053.95 2,289.30 2,289.30 2,289.30
Nbr of stocks (in thousands) 187,818 188,400 188,956 190,084 190,820 190,873 - -
Announcement Date 28/04/22 27/04/23 25/04/24 24/04/25 29/04/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.27x2.34x12.64x3.03% 4.54B
21.16x3.48x12.12x3.16% 202B
-93.89x14.84x85.94x-.--% 92.91B
10.88x1.2x6.29x4.42% 89.95B
14.62x2.66x10.06x5.62% 84.7B
20.17x5.29x13.01x2.84% 59.85B
13.61x1.98x8.38x5.73% 43.77B
17.31x2.21x10.6x5.02% 35.71B
18.74x1.51x9.48x1.58% 34.75B
19.59x1.45x9.18x1.01% 34.43B
Average 6.25x 3.70x 17.77x 3.24% 68.24B
Weighted average by Cap. 2.35x 4.41x 20.63x 3.25%

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

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  3. MPHASIS Stock
  4. Valuation Mphasis Limited