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Rane (Madras)NSE:RML +3.43%60 Debt-to-EBITDA is 1.89 as of Mar. 2026, which is 49% below its 10-year median of 3.69. GuruFocus rates NSE:RML with a GF Score™ of 60/100 and a GF Value™ of ₹674.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,095 Vehicles & Parts companies, Rane (Madras) ranks better than 51.96% 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 Rane (Madras)'s Debt-to-EBITDA or its related term are showing as below:
NSE:RML'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.14 Med: 3.69 Max: 12.93
Current: 2.14
During the past 13 years, the highest Debt-to-EBITDA Ratio of Rane (Madras) was 12.93. The lowest was 2.14. And the median was 3.69.
NSE:RML's Debt-to-EBITDA is ranked better than 51.96% of 1095
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs NSE:RML: 2.14
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.
Rane (Madras) Debt-to-EBITDA Related Terms
Rane (Madras) Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Rane (Madras)'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 Auto Parts subindustry, Rane (Madras)'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.
Rane (Madras) Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rane (Madras)'s Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Rane (Madras)'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 (Mar. 2026) EBITDA data.
Rane (Madras) (NSE:RML) has a Debt-to-EBITDA of 1.89 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 Rane (Madras). This is 49% below median its historical median of 3.69. Over the past decade, Rane (Madras)'s Debt-to-EBITDA has ranged from 2.14 to 12.93. According to the industry distribution chart, Rane (Madras) ranks #526 out of 1095 companies in the Vehicles & Parts industry, placing it in the top 48%.
Is Rane (Madras)'s Debt-to-EBITDA too high?
Rane (Madras)'s current Debt-to-EBITDA of 1.89 is 49% below median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 12.93. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Rane (Madras)'s value of 1.89 is 16% below this industry median. Based on the distribution chart, Rane (Madras) ranks #526 out of 1095 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Rane (Madras) has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rane (Madras)'s Debt-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Rane (Madras) ranks #526 out of 1095 companies for Debt-to-EBITDA. This puts Rane (Madras) in the upper half of its industry. The industry median Debt-to-EBITDA is 2.25. Rane (Madras)'s value of 1.89 is 16% below this benchmark. Historically, Rane (Madras)'s own Debt-to-EBITDA has ranged from 2.14 to 12.93 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 2.25, Rane (Madras) has consistently been below 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 a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,095 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. Rane (Madras)'s current Debt-to-EBITDA of 1.89 is 16% below 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 Rane (Madras). For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rane (Madras)'s current Debt-to-EBITDA is 1.89, which is 49% below median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rane (Madras) stock overvalued right now?
Based on GuruFocus' analysis, Rane (Madras) (NSE:RML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹674.09, compared to a current price of ₹1,153.40 — trading 71.1% above its estimated fair value. The current Debt-to-EBITDA is 1.89, which is 49% below median its 10-year median of 3.69 and 16% below the Vehicles & Parts industry median of 2.25. Rane (Madras)'s overall GF Score™ is 60/100 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 Rane (Madras) (NSE:RML), the current Debt-to-EBITDA is 1.89 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 Rane (Madras) (NSE:RML) Overvalued in 2026?
Based on GuruFocus' analysis, Rane (Madras) stock appears to be overvalued.
The current stock price of ₹1,153.40 is trading 71.1% above its estimated GF Value™ of ₹674.09.
GuruFocus considers Rane (Madras) to be Significantly Overvalued.
Key valuation signals for NSE:RML:
Debt-to-EBITDA: 1.89 (49% below median its 10-year median of 3.69)
GF Value™: ₹674.09 vs. price of ₹1,153.40 (71.1% above fair value)
Industry Position: 16% below the Vehicles & Parts median (#526 of 1095)
No single metric tells the full story. See the NSE:RML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: the Steering and Linkages division and the Light Metal Castings division. The company's steering and linkages division manufactures manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. Its Light Metal Castings division manufactures low-porosity, high-quality aluminum die-castings such as steering housings and engine case covers. Geographically, the company derives key revenue within India.
60GF Score
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