Worth Peripherals Limited (WORTHPERI.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

-104.7%

-₹7.07

vs ₹151.34 price

Levered DCF

-₹10.84

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

3.24

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	13.25×	15.36×	10.51×	8.02×	8.47×	4.74×	4.61×	8.16×
P/B	1.03×	1.36×	1.05×	1.01×	1.29×	0.71×	0.7×	1.35×
P/S	0.64×	0.86×	0.7×	0.61×	0.55×	0.26×	0.37×	0.55×
EV / EBITDA	6.45×	7.8×	5.91×	4.07×	4.81×	2.33×	2.61×	4.93×
Gross margin	27.5%	18.2%	13.5%	27.0%	14.2%	24.5%	30.6%	27.7%
Operating margin	8.7%	7.7%	8.4%	11.9%	8.1%	7.4%	10.6%	10.7%
Net margin	4.8%	5.6%	6.7%	6.7%	6.2%	6.5%	9.1%	7.3%
Current ratio	2.84×	5.31×	4.56×	6.28×	6.22×	4.79×	3.5×	3.87×
Debt / equity	0.22×	0.11×	0.06×	0.02×	0.15×	0.2×	0.23×	0.27×
Interest coverage	15.84×	10.87×	12.99×	22.77×	21.42×	17.69×	11.72×	11.65×
Dividend yield	0.3%	0.2%	0.2%	0.3%	0.3%	1.2%	1.4%	0.3%
Payout ratio	3.4%	2.6%	2.5%	2.6%	2.2%	4.8%	5.8%	2.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	7.8%	8.9%	10.0%	11.1%	14.4%	17.9%	17.4%	17.9%
Return on invested capital	6.9%	7.0%	7.2%	12.5%	10.1%	10.9%	10.4%	12.6%
Return on assets	5.3%	6.7%	7.7%	8.7%	9.9%	12.1%	11.5%	10.1%
Free cash flow yield	-26.8%	7.7%	-1.9%	18.2%	4.7%	6.2%	-23.6%	12.3%
Earnings yield	7.5%	6.5%	9.5%	11.0%	11.2%	25.3%	24.7%	13.2%
Enterprise value	₹2.3B	₹2.5B	₹1.8B	₹1.5B	₹1.7B	₹840.7M	₹852.3M	₹1.3B
Net debt / EBITDA	1.06×	0.51×	0.31×	0.07×	0.33×	0.23×	0.63×	0.8×
Cash conversion cycle (days)	59	69	86	66	66	52	62	48