Natco
Economic value addition is more than PE.
In the yr of 2021 to 2022 EPS falls from 24.18 to 9.1 that time price already corrected 1150 to 750. That’s why PE became expand 36 to 52. The EVA & PE gap is maximum in 2022. But in 2023 company deleverage 239Cr. Net debt from 416 to 167. and EPS also increase 9 to 39 (which is all time high EPS at that time) so PE drastically decrease to 16.
Now current scenario increase of EVA is higher than PE. co Fixed assets purchase also increased. And price is also making all time high (breakout @1188)
Natco Pharma.pdf (181.4 KB)
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