Company Valuation: Bosch Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 415,284 425,972 570,383 886,173 835,906 1,124,842 - -
Change - 2.57% 33.9% 55.36% -5.67% 34.57% - -
Enterprise Value (EV) 1 364,139 390,794 549,814 860,246 823,312 1,074,101 1,067,449 1,059,797
Change - 7.32% 40.69% 56.46% -4.29% 30.46% -0.62% -0.72%
P/E ratio 86.1x 35x 40x 35.6x 41.5x 47.1x 43.2x 39.2x
PBR 4.23x 3.99x 5.18x 7.35x 6.05x 7.49x 7.12x 6.67x
PEG - 0x 2.3x 0.5x -2.2x 2.5x 4.85x 3.8x
Capitalization / Revenue 4.27x 3.62x 3.82x 5.3x 4.62x 5.69x 5.17x 4.71x
EV / Revenue 3.75x 3.32x 3.68x 5.14x 4.55x 5.43x 4.91x 4.44x
EV / EBITDA 31.3x 26.8x 30.4x 41.1x 35.6x 41.2x 36.4x 32.5x
EV / EBIT 44.4x 34.5x 38.7x 51.7x 42.6x 48.2x 42.5x 37.9x
EV / FCF 70.6x -200x 96x 93.2x 40x 31.6x 43.5x 37.4x
FCF Yield 1.42% -0.5% 1.04% 1.07% 2.5% 3.16% 2.3% 2.68%
Dividend per Share 2 115 110 480 375 512 541 595.7 643.3
Rate of return 0.82% 0.76% 2.48% 1.25% 1.81% 1.42% 1.56% 1.69%
EPS 2 163.6 412.7 483 844.4 682.6 810.3 882.5 972.8
Distribution rate 70.3% 26.7% 99.4% 44.4% 75% 66.8% 67.5% 66.1%
Net sales 1 97,180 117,816 149,293 167,271 180,874 197,667 217,362 238,696
EBITDA 1 11,625 14,570 18,067 20,948 23,097 26,043 29,358 32,608
EBIT 1 8,210 11,327 14,211 16,653 19,341 22,267 25,114 27,993
Net income 1 4,825 12,172 14,245 24,905 20,133 25,992 26,031 28,696
Net Debt 1 -51,144 -35,178 -20,569 -25,927 -12,594 -50,741 -57,393 -65,045
Reference price 2 14,080.45 14,442.85 19,339.20 30,046.25 28,341.90 38,138.45 38,138.45 38,138.45
Nbr of stocks (in thousands) 29,494 29,494 29,494 29,494 29,494 29,494 - -
Announcement Date 5/20/21 5/19/22 5/11/23 5/24/24 5/27/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
47.06x5.43x41.24x1.42% 11.91B
28.15x1.84x15.11x1.11% 56.3B
21.75x0.93x6.75x2.67% 42.83B
12.52x0.66x5.31x3.38% 32.98B
10.68x0.66x8.72x1.37% 31.06B
15.21x2.81x9.94x3.89% 22.67B
10.22x0.49x4.87x3.14% 17.17B
36.44x3.32x19.9x0.84% 17.09B
11.69x1.04x5.92x4.61% 16.64B
34.32x1.2x13.26x0.64% 14.75B
Average 22.81x 1.84x 13.10x 2.31% 26.34B
Weighted average by Cap. 21.51x 1.57x 11.47x 2.24%

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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