Company Valuation: InterGlobe Aviation Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 775,961 736,646 1,369,703 1,976,687 1,524,608 1,906,228 - -
Change - -5.07% 85.94% 44.32% -22.87% 25.03% - -
Enterprise Value (EV) 1 962,473 951,211 1,559,586 2,207,408 1,804,669 2,280,785 2,412,926 2,766,564
Change - -1.17% 63.96% 41.54% -18.24% 26.38% 5.79% 14.66%
P/E -12.6x -241x 16.8x 27.3x -63.7x 67.5x 23.9x 19.4x
PBR -13x -11.8x 68.6x 21.1x 21.9x 18.5x 10.4x 6.84x
PEG - 2.5x -0x -2.4x 0x -0x 0x 0.8x
Capitalization / Revenue 2.99x 1.35x 1.99x 2.45x 1.79x 1.89x 1.68x 1.45x
EV / Revenue 3.71x 1.75x 2.26x 2.73x 2.12x 2.26x 2.13x 2.11x
EV / EBITDA 112x 14.6x 9.56x 12.2x 15.1x 13.4x 9.38x 8.91x
EV / EBIT -21.3x 68.3x 15.8x 23.5x 154x 43.7x 22.2x 20.3x
EV / FCF 55.2x 7.82x 7.75x 9.79x 8.29x 11.6x 10.3x 10.4x
FCF Yield 1.81% 12.8% 12.9% 10.2% 12.1% 8.6% 9.71% 9.63%
Dividend per Share 2 - - - 10 - 3.286 8.499 11.84
Rate of return - - - 0.2% - 0.07% 0.17% 0.24%
EPS 2 -160 -7.93 211.6 187.7 -61.88 73.05 206.1 254.3
Distribution rate - - - 5.33% - 4.5% 4.12% 4.66%
Net sales 1 259,309 544,465 689,043 808,029 849,619 1,009,605 1,135,066 1,312,376
EBITDA 1 8,590 64,954 163,176 180,583 119,834 170,439 257,370 310,455
EBIT 1 -45,213 13,924 98,918 93,781 11,752 52,174 108,751 136,374
Net income 1 -61,618 -3,058 81,725 72,584 -23,919 29,181 80,249 96,627
Net Debt 1 186,512 214,565 189,883 230,721 280,061 374,557 506,698 860,336
Reference price 2 2,014.15 1,910.65 3,548.65 5,115.35 3,943.50 4,929.90 4,929.90 4,929.90
Nbr of stocks (in thousands) 385,255 385,547 385,979 386,423 386,613 386,667 - -
Announcement Date 5/25/22 5/18/23 5/23/24 5/21/25 5/29/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
67.48x2.26x13.38x0.07% 19.83B
13.71x0.93x7.59x0.9% 55B
10.73x0.8x7x-.--% 36.52B
13.97x1.4x6.4x1.82% 28.06B
8.51x0.83x3.95x2.1% 25.71B
14.45x0.75x6.86x1.7% 20.78B
28.31x1.08x5.76x3.73% 16.41B
-10.61x1.61x11.3x-.--% 16.07B
9.52x1.1x4.55x3.45% 13.66B
-12.04x1.52x9.84x-.--% 11.61B
Average 14.40x 1.23x 7.66x 1.38% 24.37B
Weighted average by Cap. 15.10x 1.14x 7.45x 1.23%

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

  1. Stock Market
  2. Stocks
  3. INDIGO Stock
  4. Valuation InterGlobe Aviation Limited