Globe Civil Projects Ltd. (GLOBECIVIL.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

-77.4%

₹8.64

vs ₹38.30 price

Levered DCF

-₹86.82

After debt service

Piotroski score

2 / 9

Weak

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
P/E	8.09×	24.35×	38.06×	116.62×	108.57×	68.95×
P/B	0.79×	5.51×	7.54×	9.03×	9.82×	0×
P/S	0.46×	1.55×	1.76×	2.42×	1.97×	2.07×
EV / EBITDA	5.54×	12.86×	15.89×	33.29×	28.9×	0×
Gross margin	14.7%	16.7%	18.4%	13.1%	11.7%	19.5%
Operating margin	11.9%	13.5%	12.4%	7.7%	7.1%	13.6%
Net margin	5.7%	6.4%	4.6%	2.1%	1.8%	3.0%
Current ratio	1.67×	1.32×	1.48×	1.41×	1.43×	0×
Debt / equity	0.63×	1.39×	1.6×	1.56×	1.23×	0×
Interest coverage	2.37×	2.56×	2.07×	1.8×	1.75×	0×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	9.8%	22.6%	19.8%	7.8%	9.1%	0.0%
Return on invested capital	9.1%	14.1%	12.6%	6.8%	10.6%	0.0%
Return on assets	4.3%	6.6%	4.8%	1.8%	2.3%	0.0%
Free cash flow yield	-49.3%	-5.2%	-1.3%	-2.7%	0.9%	-0.4%
Earnings yield	12.4%	4.1%	2.6%	0.9%	0.9%	1.4%
Enterprise value	₹3.2B	₹7.3B	₹7.1B	₹6.6B	₹6.3B	₹0
Net debt / EBITDA	2.24×	2.59×	2.79×	4.89×	3.21×	0×
Cash conversion cycle (days)	269	218	156	151	94	0