E2E Networks Limited (E2E.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

-139.0%

-₹193.54

vs ₹496.65 price

Levered DCF

-₹139.09

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

8.02

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-266.75×	71.31×	60.56×	25.62×	30.38×	-158.95×	-21.03×	113.92×
P/B	2.45×	2×	18.68×	5.18×	5.14×	7.17×	8.01×	5.69×
P/S	16.8×	19.42×	14.01×	3.87×	3.81×	5.57×	7.78×	5.65×
EV / EBITDA	24.73×	20.65×	29.45×	7.26×	8.41×	17.31×	226.69×	16.62×
Gross margin	-11.0%	30.4%	43.3%	74.0%	72.2%	63.9%	56.4%	68.2%
Operating margin	-17.5%	22.3%	34.3%	19.6%	11.3%	-5.6%	-45.2%	6.3%
Net margin	-6.3%	29.0%	23.1%	15.0%	12.4%	-3.5%	-37.3%	5.1%
Current ratio	1.2×	1.7×	0.67×	1.86×	1.36×	0.99×	5.52×	7.44×
Debt / equity	0.09×	0.06×	2.03×	0.12×	0.05×	0.14×	0×	0×
Interest coverage	-3.51×	2.77×	8.98×	27.32×	31.46×	-11.11×	-3,851.59×	88.89×
Dividend yield	0.0%	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%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-0.9%	3.0%	30.9%	20.1%	16.8%	-4.5%	-38.4%	5.2%
Return on invested capital	-1.7%	1.6%	10.5%	17.0%	14.0%	-6.2%	-45.1%	4.4%
Return on assets	-0.7%	1.8%	8.6%	14.5%	13.4%	-3.4%	-33.0%	4.6%
Free cash flow yield	-27.1%	-0.4%	-7.8%	6.5%	2.3%	-6.5%	-5.7%	-0.3%
Earnings yield	-0.4%	1.5%	1.7%	3.9%	3.3%	-0.6%	-4.8%	0.9%
Enterprise value	₹39.6B	₹28.1B	₹14.6B	₹2.5B	₹2B	₹2B	₹1.9B	₹1.9B
Net debt / EBITDA	-1.01×	-2.74×	2.75×	-0.31×	-0.07×	-0.12×	-9.57×	-0.33×
Cash conversion cycle (days)	306	6	-19	-100	-43	-46	-81	-44