Aegis Vopak Terminals Ltd. (AEGISVOPAK.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-99.7%

₹0.60

vs ₹237.84 price

Levered DCF

-₹2.20

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

3.61

Safe zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	56.75×	180.6×	310.26×	-345,714.29×	-24,444.44×
P/B	4.11×	11.99×	26.89×	28.13×	14,194.49×
P/S	19.09×	37.05×	47.73×	75.89×	0×
EV / EBITDA	30.5×	61.9×	74.16×	126.03×	-46,954.09×
Gross margin	61.0%	62.8%	78.3%	73.2%	0.0%
Operating margin	52.3%	53.6%	50.9%	39.3%	0.0%
Net margin	33.6%	20.5%	15.4%	-0.0%	0.0%
Current ratio	0.37×	2.76×	1.73×	1.41×	4.25×
Debt / equity	0.87×	2.82×	3.28×	2.49×	51.96×
Interest coverage	4.4×	1.73×	1.69×	1.01×	-1.11×
Dividend yield	1.1%	0.0%	0.1%	0.0%	0.0%
Payout ratio	60.0%	0.0%	38.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	7.2%	6.6%	8.7%	-0.0%	-57.8%
Return on invested capital	4.9%	4.2%	4.7%	-0.1%	-0.6%
Return on assets	3.7%	2.1%	1.9%	-0.0%	-1.1%
Free cash flow yield	-0.3%	0.7%	-1.2%	-0.0%	-0.2%
Earnings yield	1.8%	0.6%	0.3%	-0.0%	-0.0%
Enterprise value	₹210.5B	₹284.1B	₹299.8B	₹291.6B	₹269B
Net debt / EBITDA	4.97×	11.76×	7.83×	10.16×	-159.33×
Cash conversion cycle (days)	64	108	77	11	0