Jet Freight Logistics Limited (JETFREIGHT.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

-265.4%

-₹29.25

vs ₹17.68 price

Levered DCF

-₹22.69

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.44

Safe zone

Rating

Overall 3 / 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	11.61×	14.68×	330×	-132.73×	22.72×	8.81×	-1.41×	2.86×
P/B	1.11×	0.85×	0.92×	0.85×	2.55×	0.79×	0.74×	0.78×
P/S	0.18×	0.12×	0.14×	0.13×	0.15×	0.05×	0.05×	0.07×
EV / EBITDA	6.75×	6.83×	13.65×	13.94×	10.34×	5.05×	-10.33×	4.48×
Gross margin	5.1%	4.7%	3.4%	3.1%	3.7%	3.1%	1.1%	5.8%
Operating margin	3.3%	2.7%	3.0%	1.1%	1.8%	2.0%	-2.1%	3.8%
Net margin	1.5%	0.8%	0.0%	-0.1%	0.6%	0.6%	-3.4%	2.3%
Current ratio	1.29×	1.15×	1.01×	0.87×	0.78×	0.78×	1×	1.28×
Debt / equity	1.04×	1×	0.92×	0.95×	1.86×	1.33×	1.9×	1.46×
Interest coverage	2.11×	1.68×	1.94×	0.99×	2.03×	1.74×	-1.44×	3.65×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.2%	0.0%	0.0%	0.3%
Payout ratio	0.0%	0.0%	0.0%	0.0%	3.9%	0.0%	0.0%	0.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.6%	5.8%	0.3%	-0.6%	11.2%	8.9%	-52.4%	27.3%
Return on invested capital	5.9%	5.5%	10.1%	-4.1%	7.1%	7.6%	-10.8%	14.5%
Return on assets	3.5%	2.1%	0.1%	-0.3%	2.6%	2.1%	-11.3%	8.4%
Free cash flow yield	-15.4%	-9.2%	26.9%	-72.1%	-23.5%	48.7%	80.2%	-26.5%
Earnings yield	8.6%	6.8%	0.3%	-0.8%	4.4%	11.3%	-70.9%	34.9%
Enterprise value	₹1.4B	₹1.1B	₹1.1B	₹1.1B	₹1.2B	₹487.3M	₹482.6M	₹640.7M
Net debt / EBITDA	2.9×	3.32×	6.81×	7.16×	4.34×	3.14×	-7.22×	2.86×
Cash conversion cycle (days)	47	42	19	18	8	-1	14	52