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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Azad Engineering's Debt-to-EBITDA or its related term are showing as below:
NSE:AZAD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29 Med: 2.4 Max: 5.33
Current: 1.69
During the past 6 years, the highest Debt-to-EBITDA Ratio of Azad Engineering was 5.33. The lowest was 0.29. And the median was 2.40.
NSE:AZAD's Debt-to-EBITDA is ranked better than 50.19% of 2313
companies
in the Industrial Products industry
Industry Median: 1.69
vs NSE:AZAD: 1.69
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Azad Engineering Debt-to-EBITDA Related Terms
Azad Engineering Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Azad Engineering's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:AZAD vs GEV, ETN, PH: Debt-to-EBITDA Comparison
For the Specialty Industrial Machinery subindustry, Azad Engineering's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Azad Engineering Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Azad Engineering's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Azad Engineering's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Azad Engineering (NSE:AZAD) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Azad Engineering. Over the past decade, Azad Engineering's Debt-to-EBITDA has ranged from 0.29 to 5.33. According to the industry distribution chart, Azad Engineering ranks #1152 out of 2313 companies in the Industrial Products industry, placing it in the top 49.8%.
Is Azad Engineering's Debt-to-EBITDA too high?
Azad Engineering's current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 5.33. Based on the distribution chart, Azad Engineering ranks #1152 out of 2313 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Azad Engineering has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azad Engineering's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Azad Engineering ranks #1152 out of 2313 companies for Debt-to-EBITDA. This puts Azad Engineering in the upper half of its industry. The industry median Debt-to-EBITDA is 1.69. Historically, Azad Engineering's own Debt-to-EBITDA has ranged from 0.29 to 5.33 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.69, based on 2,313 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Azad Engineering. For the Industrial Products industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad Engineering's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad Engineering stock overvalued right now?
Based on GuruFocus' analysis, Azad Engineering (NSE:AZAD) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,281.45, compared to a current price of ₹2,777.30 — trading 21.7% above its estimated fair value. The current Debt-to-EBITDA is 0.00. Azad Engineering's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Azad Engineering (NSE:AZAD), the current Debt-to-EBITDA is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Azad Engineering (NSE:AZAD) Overvalued in 2026?
Based on GuruFocus' analysis, Azad Engineering stock appears to be overvalued.
The current stock price of ₹2,777.30 is trading 21.7% above its estimated GF Value™ of ₹2,281.45.
GuruFocus considers Azad Engineering to be Modestly Overvalued.
Key valuation signals for NSE:AZAD:
Debt-to-EBITDA: 0.00
GF Value™: ₹2,281.45 vs. price of ₹2,777.30 (21.7% above fair value)
No single metric tells the full story. See the NSE:AZAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azad Engineering Ltd is an Original Equipment Manufacturer (OEM) and national defence agencies across power generation, aerospace, defence, and oil & gas. It delivers complex, high-precision components with uncompromising reliability and has earned the trust of industry leaders, including GE Vernova, Mitsubishi Heavy Industries, Rolls-Royce, Honeywell Aerospace, Siemens Energy, Eaton, Baker Hughes, and others. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the group generates a majority of its revenue from outside India.
64GF Score
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