Valuation Adani Enterprises Limited

Equities

Delayed Bombay S.E. Other stock markets 01:38:07 2026-02-13 am EST			5-day change	1st Jan Change
2,146.95 ^INR	-2.93%		-3.64%	-4.20%

Feb. 11	Indian court sentences journalist to jail in defamation case by Adani Group	RE
Feb. 10	Adani flagship says US agency probing certain transactions that may have involved Iran	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,133,739	2,216,887	1,995,002	3,640,651	2,679,719	2,859,026	-	-
Change	-	95.54%	-10.01%	82.49%	-26.39%	6.69%	-	-
Enterprise Value (EV) ¹	1,133,739	2,216,887	1,995,002	4,071,205	3,511,708	3,446,974	3,688,129	3,909,787
Change	-	95.54%	-10.01%	104.07%	-13.74%	-1.84%	7%	6.01%
P/E ratio	123x	286x	80.3x	117x	38.3x	45.8x	57.4x	54.2x
PBR	-	-	-	-	-	-	-	-
PEG	-	-18x	0x	4.7x	0x	-2.3x	-2.8x	9.12x
Capitalization / Revenue	2.87x	3.19x	1.46x	3.35x	2.74x	2.95x	2.14x	1.88x
EV / Revenue	2.87x	3.19x	1.46x	3.74x	3.59x	3.55x	2.76x	2.57x
EV / EBITDA	45.3x	59.7x	22.6x	35.8x	24.6x	20.8x	16.8x	15.9x
EV / EBIT	-	-	-	48.8x	35x	24.4x	25.1x	22.9x
EV / FCF	-2,494x	-21.6x	68.8x	-33.8x	-14.2x	-37.4x	-101x	87.5x
FCF Yield	-0.04%	-4.63%	1.45%	-2.96%	-7.02%	-2.67%	-0.99%	1.14%
Dividend per Share ²	-	-	-	-	1.3	1.2	1.2	1.2
Rate of return	-	-	-	-	0.06%	0.05%	0.05%	0.05%
EPS ²	8.39	7.06	21.78	27.24	60.55	48.3	38.53	40.82
Distribution rate	-	-	-	-	2.15%	2.48%	3.11%	2.94%
Net sales ¹	395,371	694,202	1,369,778	1,087,235	978,948	970,212	1,334,714	1,520,218
EBITDA ¹	25,050	37,130	88,280	113,766	142,520	166,102	219,583	246,593
EBIT ¹	-	-	-	83,344	100,407	141,548	146,987	170,686
Net income ¹	9,226	7,766	24,729	32,408	70,990	67,407	66,528	70,513
Net Debt ¹	-	-	-	430,554	831,989	587,948	829,103	1,050,761
Reference price ²	1,030.85	2,015.70	1,750.00	3,193.55	2,321.75	2,211.70	2,211.70	2,211.70
Nbr of stocks (in thousands)	1,099,810	1,099,810	1,140,001	1,140,001	1,154,181	1,292,682	-	-
Announcement Date	5/5/21	5/3/22	5/4/23	5/2/24	5/1/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ADANI ENTERPRISES LIMITED	45.79x	3.55x	20.75x	0.05%	31.56B
MITSUBISHI CORPORATION	26.73x	1.28x	27.5x	2.14%	125B
MITSUI & CO., LTD.	19.96x	1.45x	25.67x	1.98%	108B
ITOCHU CORPORATION	17.27x	1.25x	13.98x	1.89%	103B
MARUBENI CORPORATION	19.3x	1.55x	22.36x	1.63%	67.89B
SUMITOMO CORPORATION	14.12x	1.54x	18.53x	2.08%	52.82B
TOYOTA TSUSHO CORPORATION	19.41x	0.77x	12.02x	1.71%	47.87B
SAMSUNG C&T CORPORATION	25.42x	1.3x	12.06x	0.79%	37.83B
ADDTECH AB	40.12x	3.74x	21.2x	1.1%	9.47B
BUNZL PLC	15.9x	0.8x	8.26x	3.45%	9.49B
Average	24.40x	1.72x	18.23x	1.68%	59.28B
Weighted average by Cap.	22.26x	1.47x	20.44x	1.78%