Ashok Leyland - Price to Earnings vs. Free Cash Flow

Ashok Leyland stock traded at INR 87.1 per share at the end 2019 translating into a market capitalization of USD 3,866 mil. Since the end of 2014, the stock has appreciated by 306% representing an annual average growth of 32.3%.

At the end of 2019, the firm traded at price to earnings of 12.3x. Over the last five years, this multiple achieved a high of 138x in 2015 and a low of 12.3x in 2019 with an average of 43.9x.

Regarding cash generated defined by the sum of net profit and depreciation, the stock traded at 27.3x at the end of 2019. When investments are excluded to get free cash flow, Ashok Leyland traded at -20.0x.

At the end of 2019, the company had a net debt of INR 200 bil, or 6.49x of EBITDA and 225% of equity. The firm generated an average return on equity of 17.6% for its shareholders in the last five years and an average dividend yield of 1.46%.

You can see all the company’s data at Ashok Leyland profile, or you can download a report on the company in the report section.