Wonderla Holidays Limited (WONDERLA.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

-223.8%

-₹578.83

vs ₹467.40 price

Levered DCF

-₹1,176.74

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

12.37

Safe zone

Rating

D+

Overall 1 / 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	37.69×	35.43×	35.57×	16.26×	-139.94×	-21.78×	12.18×	32.23×
P/B	1.71×	2.25×	5.13×	2.55×	1.66×	1.34×	0.92×	2.18×
P/S	5.94×	8.47×	11.63×	5.64×	10.34×	28.41×	2.91×	6.34×
EV / EBITDA	15.93×	26.3×	22.21×	10.19×	50.39×	-48×	5.92×	14.4×
Gross margin	55.6%	89.0%	83.6%	89.7%	89.3%	-142.3%	89.4%	89.4%
Operating margin	15.6%	71.2%	64.2%	41.5%	-12.2%	-182.4%	23.8%	26.7%
Net margin	15.8%	23.8%	32.7%	34.7%	-7.4%	-130.5%	23.9%	19.7%
Current ratio	6.31×	8.43×	4.46×	7.47×	3.44×	3.9×	4.37×	1.54×
Debt / equity	0×	0×	0.01×	0.01×	0×	0×	0.02×	0×
Interest coverage	128.43×	447.63×	129.95×	111.73×	-23.12×	-111.71×	33.92×	185.01×
Dividend yield	0.4%	0.4%	0.3%	0.0%	0.0%	0.0%	3.1%	0.6%
Payout ratio	15.5%	12.9%	9.0%	0.0%	0.0%	0.0%	37.9%	18.5%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	4.5%	6.3%	14.4%	15.7%	-1.2%	-6.2%	7.5%	6.8%
Return on invested capital	3.3%	17.6%	19.6%	12.8%	-1.3%	-5.9%	4.7%	5.6%
Return on assets	4.2%	5.9%	12.8%	13.8%	-1.0%	-5.5%	6.6%	5.7%
Free cash flow yield	-4.6%	-5.3%	-0.8%	6.1%	0.8%	-3.2%	6.5%	1.3%
Earnings yield	2.7%	2.8%	2.8%	6.1%	-0.7%	-4.6%	8.2%	3.1%
Enterprise value	₹30.7B	₹38.7B	₹55.9B	₹24B	₹13.3B	₹10.7B	₹8.1B	₹17.9B
Net debt / EBITDA	-0.08×	-0.09×	-0.09×	-0.08×	-0.09×	0.78×	0.13×	-0.01×
Cash conversion cycle (days)	-48	-201	-85	-134	-227	-139	-25	-78