Sakuma Exports Limited (SAKUMA.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%

₹3.53

vs ₹1.77 price

Levered DCF

₹0.16

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

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	18.5×	27.25×	15.62×	1.68×	2×	1.91×	0.76×	1.69×
P/B	0.24×	0.57×	1.29×	0.12×	0.14×	0.06×	0.04×	0.38×
P/S	0.1×	0.18×	0.29×	0.02×	0.02×	0.02×	0.01×	0.03×
EV / EBITDA	8.88×	18.31×	13.43×	0.94×	3.42×	1.09×	-0.26×	1.28×
Gross margin	4.4%	5.1%	5.5%	11.1%	11.5%	12.5%	5.4%	7.0%
Operating margin	0.3%	0.5%	5.2%	1.4%	1.1%	1.1%	0.7%	2.1%
Net margin	0.6%	0.6%	1.9%	0.9%	1.0%	0.8%	0.7%	1.6%
Current ratio	4.55×	4.23×	3.42×	4.37×	2.44×	7.8×	1.46×	1.53×
Debt / equity	0.01×	0.15×	0.21×	0.04×	0.23×	0.02×	0.01×	0.08×
Interest coverage	2.67×	3.29×	27.63×	6.44×	8.61×	3.03×	7.25×	9.94×
Dividend yield	0.0%	0.4%	0.2%	2.5%	2.2%	10.9%	15.2%	1.8%
Payout ratio	0.1%	10.5%	2.9%	4.1%	4.3%	20.7%	11.7%	3.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.3%	2.1%	8.3%	6.9%	7.2%	3.2%	5.5%	22.7%
Return on invested capital	0.5%	1.0%	18.1%	7.0%	5.3%	3.0%	3.6%	23.9%
Return on assets	1.0%	1.6%	5.9%	5.0%	4.1%	2.6%	1.6%	7.4%
Free cash flow yield	126.0%	-51.4%	-13.6%	190.6%	-151.7%	-366.3%	581.2%	9.7%
Earnings yield	5.4%	3.7%	6.4%	59.7%	50.0%	52.6%	130.4%	59.3%
Enterprise value	₹1.5B	₹4.8B	₹7B	₹436.3M	₹1.4B	₹230.1M	-₹71.4M	₹1.2B
Net debt / EBITDA	-1.86×	3.02×	1.42×	-0.09×	2.04×	0.1×	-0.79×	0.02×
Cash conversion cycle (days)	115	81	81	51	67	85	43	27