SAMHI Hotels Limited (SAMHI.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

-63.2%

₹57.67

vs ₹156.86 price

Levered DCF

₹23.75

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

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	5×	38.47×	-14.32×	-9.23×	-7.05×	-6.54×	-3.62×	-10.3×
P/B	1.15×	2.86×	3.23×	57.13×	-4.89×	-15.99×	-1.21×	5.82×
P/S	2.02×	2.89×	3.51×	4.23×	9.69×	18.44×	1.79×	6.64×
EV / EBITDA	7.39×	13.42×	27.11×	21.56×	-553.61×	-82.95×	56.44×	36.2×
Gross margin	66.2%	66.3%	41.9%	75.9%	55.7%	32.4%	65.4%	66.2%
Operating margin	24.4%	25.6%	16.2%	66.8%	-26.8%	-105.1%	6.4%	-4.7%
Net margin	40.3%	7.6%	-24.5%	-45.8%	-137.3%	-281.7%	-49.5%	-64.5%
Current ratio	0.81×	0.59×	0.38×	0.3×	0.64×	0.31×	0.51×	0.88×
Debt / equity	0.85×	1.97×	2.04×	55.66×	-4.14×	-12.5×	-2.4×	3.96×
Interest coverage	1.78×	1.26×	0.45×	0.95×	-0.26×	-0.58×	0.19×	-0.11×
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	23.1%	7.5%	-22.6%	-618.6%	69.4%	244.4%	33.4%	-56.4%
Return on invested capital	7.2%	8.3%	4.6%	15.7%	-3.9%	-7.7%	1.6%	-0.8%
Return on assets	11.3%	2.3%	-6.8%	-9.7%	-18.6%	-19.2%	-11.5%	-10.6%
Free cash flow yield	-3.1%	0.4%	7.0%	6.7%	0.8%	0.7%	12.4%	-1.9%
Earnings yield	20.0%	2.6%	-7.0%	-10.8%	-14.2%	-15.3%	-27.7%	-9.7%
Enterprise value	₹42.1B	₹54.5B	₹53.5B	₹60.3B	₹56.2B	₹54.3B	₹31.6B	₹52.1B
Net debt / EBITDA	2.97×	5.37×	10.09×	10.39×	-245.69×	-35.15×	37.08×	14.48×
Cash conversion cycle (days)	-60	-62	-79	-318	-274	-266	-87	-84