Awfis Space Solutions Ltd. (AWFIS.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

+388.4%

₹1,182.95

vs ₹242.20 price

Levered DCF

₹651.42

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	23.23×	67.18×	-166.7×	-62.76×	-51.25×	-29.81×	-18.64×
P/B	2.98×	9.93×	11.65×	17.29×	30.91×	8.43×	21.76×
P/S	1.1×	3.77×	3.45×	5.37×	11.39×	7.13×	5.6×
EV / EBITDA	4.81×	12.37×	13.54×	16.66×	35.9×	17.5×	24.65×
Gross margin	49.5%	44.1%	73.1%	76.0%	76.0%	100.0%	100.0%
Operating margin	11.1%	10.9%	5.9%	1.6%	-11.6%	70.8%	84.2%
Net margin	4.7%	5.6%	-2.1%	-8.6%	-22.2%	-23.9%	-30.0%
Current ratio	0.68×	0.71×	0.67×	0.49×	0.57×	0×	0×
Debt / equity	2.72×	3.08×	2.92×	0.02×	3.15×	1.74×	1.29×
Interest coverage	0.89×	0.97×	0.54×	0.12×	-0.61×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.8%	14.8%	-7.0%	-27.5%	-60.3%	-28.3%	-116.8%
Return on invested capital	7.0%	6.2%	4.6%	1.3%	-6.7%	24.1%	68.8%
Return on assets	2.4%	2.7%	-1.3%	-5.0%	-10.2%	-8.4%	-24.6%
Free cash flow yield	24.7%	0.0%	2.9%	1.2%	0.5%	5.3%	-0.6%
Earnings yield	4.3%	1.5%	-0.6%	-1.6%	-2.0%	-3.4%	-5.4%
Enterprise value	₹30.9B	₹59.4B	₹36.6B	₹29.3B	₹32.2B	₹15.2B	₹13.3B
Net debt / EBITDA	2.25×	2.88×	2.7×	-0.01×	3.26×	2.86×	1.2×
Cash conversion cycle (days)	-97	-82	-192	-103	-210	36	0