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RMC SwitchgearsNSE:RMC -0.15%60 Debt-to-EBITDA is 3.72 as of Mar. 2026, which is 2% above its 10-year median of 3.65. GuruFocus rates NSE:RMC with a GF Score™ of 60/100 and a GF Value™ of ₹1,382.30 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,331 Industrial Products companies, RMC Switchgears ranks worse than 56.5% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 RMC Switchgears's Debt-to-EBITDA or its related term are showing as below:
NSE:RMC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.1 Med: 3.65 Max: 7.59
Current: 2.16
During the past 13 years, the highest Debt-to-EBITDA Ratio of RMC Switchgears was 7.59. The lowest was 1.10. And the median was 3.65.
NSE:RMC's Debt-to-EBITDA is ranked worse than 56.5% of 2331
companies
in the Industrial Products industry
Industry Median: 1.68
vs NSE:RMC: 2.16
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.
RMC Switchgears Debt-to-EBITDA Related Terms
RMC Switchgears Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for RMC Switchgears'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.
For the Electrical Equipment & Parts subindustry, RMC Switchgears'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.
RMC Switchgears Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RMC Switchgears's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where RMC Switchgears'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 two times the quarterly (Mar. 2026) EBITDA data.
RMC Switchgears (NSE:RMC) has a Debt-to-EBITDA of 3.72 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on RMC Switchgears. This is near median its historical median of 3.65. Over the past decade, RMC Switchgears' Debt-to-EBITDA has ranged from 1.10 to 7.59. According to the industry distribution chart, RMC Switchgears ranks #1317 out of 2331 companies in the Industrial Products industry, placing it in the top 56.5%.
Is RMC Switchgears' Debt-to-EBITDA too high?
RMC Switchgears' current Debt-to-EBITDA of 3.72 is near median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 7.59. The Industrial Products industry median Debt-to-EBITDA is 1.68. RMC Switchgears' value of 3.72 is 121.4% above this industry median. Based on the distribution chart, RMC Switchgears ranks #1317 out of 2331 companies in the Industrial Products industry, which is below the industry midpoint. Overall, RMC Switchgears has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RMC Switchgears' Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, RMC Switchgears ranks #1317 out of 2331 companies for Debt-to-EBITDA. This places RMC Switchgears in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. RMC Switchgears' value of 3.72 is 121.4% above this benchmark. Historically, RMC Switchgears' own Debt-to-EBITDA has ranged from 1.10 to 7.59 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 1.68, RMC Switchgears has consistently been above the industry average. 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 1.68, based on 2,331 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. RMC Switchgears's current Debt-to-EBITDA of 3.72 is 121.4% above the industry median. 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 RMC Switchgears. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RMC Switchgears's current Debt-to-EBITDA is 3.72, which is near median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RMC Switchgears stock overvalued right now?
Based on GuruFocus' analysis, RMC Switchgears (NSE:RMC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,382.30, compared to a current price of ₹267.00 — trading 80.7% below its estimated fair value. The current Debt-to-EBITDA is 3.72, which is near median its 10-year median of 3.65 and 121.4% above the Industrial Products industry median of 1.68. RMC Switchgears' overall GF Score™ is 60/100 with 5 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 RMC Switchgears (NSE:RMC), the current Debt-to-EBITDA is 3.72 as of Mar. 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 RMC Switchgears (NSE:RMC) Overvalued in 2026?
Based on GuruFocus' analysis, RMC Switchgears stock appears to be undervalued.
The current stock price of ₹267.00 is trading 80.7% below its estimated GF Value™ of ₹1,382.30.
GuruFocus considers RMC Switchgears to be Possible Value Trap.
Key valuation signals for NSE:RMC:
Debt-to-EBITDA: 3.72 (near median its 10-year median of 3.65)
GF Value™: ₹1,382.30 vs. price of ₹267.00 (80.7% below fair value)
Industry Position: 121.4% above the Industrial Products median (#1317 of 2331)
No single metric tells the full story. See the NSE:RMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RMC Switchgears Ltd designs and manufactures electronic energy meters, enclosures for energy metering, distribution boxes, panels, sheet moulding compounds, bulk moulding compounds, and solar power equipment, and provides turnkey contracts. The company operates in two segments: primary and secondary. The primary segment is engaged in "Switch Gear Engineering" and "Construction contracts for the power distribution/transmission sector." The secondary segment operates mainly within the geographical limits of India.
60GF Score
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