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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 Bajel Projects's Debt-to-EBITDA or its related term are showing as below:
NSE:BAJEL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05 Med: 1.99 Max: 4.17
Current: 3.35
During the past 4 years, the highest Debt-to-EBITDA Ratio of Bajel Projects was 4.17. The lowest was 0.05. And the median was 1.99.
NSE:BAJEL's Debt-to-EBITDA is ranked better than 58.09% of 451
companies
in the Utilities - Regulated industry
Industry Median: 4.04
vs NSE:BAJEL: 3.35
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.
Bajel Projects Debt-to-EBITDA Related Terms
Bajel Projects Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bajel Projects'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:BAJEL vs NEE, SO, DUK: Debt-to-EBITDA Comparison
For the Utilities - Regulated Electric subindustry, Bajel Projects'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.
Bajel Projects Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bajel Projects's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bajel Projects'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.
Bajel Projects (NSE:BAJEL) 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 Bajel Projects. Over the past decade, Bajel Projects' Debt-to-EBITDA has ranged from 0.05 to 4.17. According to the industry distribution chart, Bajel Projects ranks #189 out of 451 companies in the Utilities - Regulated industry, placing it in the top 41.9%.
Is Bajel Projects' Debt-to-EBITDA too high?
Bajel Projects' current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 4.17. Based on the distribution chart, Bajel Projects ranks #189 out of 451 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Bajel Projects has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' Debt-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #189 out of 451 companies for Debt-to-EBITDA. This puts Bajel Projects in the upper half of its industry. The industry median Debt-to-EBITDA is 4.04. Historically, Bajel Projects' own Debt-to-EBITDA has ranged from 0.05 to 4.17 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 Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.04, based on 451 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 Bajel Projects. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects'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 Bajel Projects stock overvalued right now?
Based on GuruFocus' analysis, Bajel Projects (NSE:BAJEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹247.18, compared to a current price of ₹186.17 — trading 24.7% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Bajel Projects' overall GF Score™ is 34/100 with 3 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 Bajel Projects (NSE:BAJEL), 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 Bajel Projects (NSE:BAJEL) Overvalued in 2026?
Based on GuruFocus' analysis, Bajel Projects stock appears to be undervalued.
The current stock price of ₹186.17 is trading 24.7% below its estimated GF Value™ of ₹247.18.
GuruFocus considers Bajel Projects to be Modestly Undervalued.
Key valuation signals for NSE:BAJEL:
Debt-to-EBITDA: 0.00
GF Value™: ₹247.18 vs. price of ₹186.17 (24.7% below fair value)
No single metric tells the full story. See the NSE:BAJEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajel Projects Ltd is a Superior company in the business of four main segments, which are Power Transmission, Power Distribution, Monopoles and International Business. It is known for its project management skills and driving operations excellence, making it a preferred partner for several states, international governments, and private infrastructural projects. The company also provides services for the manufacturing & installation of Monopoles, Lattice Structures, Lighting Poles & Masts and Galvanizing services.
34GF Score
Get the complete analysis for NSE:BAJEL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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