Ice Make RefrigerationNSE:ICEMAKE -1.09%92 EBITDA Margin % is 8.51% as of Mar. 2026, which is 18% below its 10-year median of 10.33. GuruFocus rates NSE:ICEMAKE with a GF Score™ of 92/100 and a GF Value™ of ₹1,137.04 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 3,033 Industrial Products companies, Ice Make Refrigeration ranks worse than 60.2% on this metric.
Ice Make Refrigeration (NSE:ICEMAKE) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Ice Make Refrigeration EBITDA Margin % Related Terms
Ice Make Refrigeration EBITDA Margin % Historical Data
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The historical data trend for Ice Make Refrigeration's EBITDA Margin % 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:ICEMAKE vs GEV, ETN, PH: EBITDA Margin % Comparison
For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.
Ice Make Refrigeration EBITDA Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Ice Make Refrigeration's EBITDA Margin % 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.
Ice Make Refrigeration (NSE:ICEMAKE) has a EBITDA Margin % of 8.51% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ice Make Refrigeration and its competitors. This is 18% below median its historical median of 10.33. Over the past decade, Ice Make Refrigeration's EBITDA Margin % has ranged from 6.89 to 12.68. According to the industry distribution chart, Ice Make Refrigeration ranks #1826 out of 3033 companies in the Industrial Products industry, placing it in the top 60.2%.
Is Ice Make Refrigeration's EBITDA Margin % too high?
Ice Make Refrigeration's current EBITDA Margin % of 8.51% is 18% below median its 10-year median of 10.33. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 12.68. The Industrial Products industry median EBITDA Margin % is 9.46. Ice Make Refrigeration's value of 8.51% is 10% below this industry median. Based on the distribution chart, Ice Make Refrigeration ranks #1826 out of 3033 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ice Make Refrigeration has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ice Make Refrigeration's EBITDA Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ice Make Refrigeration ranks #1826 out of 3033 companies for EBITDA Margin %. This places Ice Make Refrigeration in the lower half of its industry. The industry median EBITDA Margin % is 9.46. Ice Make Refrigeration's value of 8.51% is 10% below this benchmark. Historically, Ice Make Refrigeration's own EBITDA Margin % has ranged from 6.89 to 12.68 over the past decade. While the company's 10-year median is 10.33 vs. the industry median of 9.46, Ice Make Refrigeration 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 EBITDA Margin % for an Industrial Products company?
The median EBITDA Margin % among Industrial Products companies is 9.46, based on 3,033 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ice Make Refrigeration's current EBITDA Margin % of 8.51% is 10% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ice Make Refrigeration and its competitors. For the Industrial Products industry, the median EBITDA Margin % is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ice Make Refrigeration's current EBITDA Margin % is 8.51%, which is 18% below median its own 10-year median of 10.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ice Make Refrigeration stock overvalued right now?
Based on GuruFocus' analysis, Ice Make Refrigeration (NSE:ICEMAKE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,137.04, compared to a current price of ₹782.20 — trading 31.2% below its estimated fair value. The current EBITDA Margin % is 8.51%, which is 18% below median its 10-year median of 10.33 and 10% below the Industrial Products industry median of 9.46. Ice Make Refrigeration's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Ice Make Refrigeration (NSE:ICEMAKE), the current EBITDA Margin % is 8.51% 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 Ice Make Refrigeration (NSE:ICEMAKE) Overvalued in 2026?
Based on GuruFocus' analysis, Ice Make Refrigeration stock appears to be undervalued.
The current stock price of ₹782.20 is trading 31.2% below its estimated GF Value™ of ₹1,137.04.
GuruFocus considers Ice Make Refrigeration to be Possible Value Trap.
Key valuation signals for NSE:ICEMAKE:
EBITDA Margin %: 8.51% (18% below median its 10-year median of 10.33)
GF Value™: ₹1,137.04 vs. price of ₹782.20 (31.2% below fair value)
Industry Position: 10% below the Industrial Products median (#1826 of 3033)
No single metric tells the full story. See the NSE:ICEMAKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment is the Manufacturing of Cold Rooms, freezers, Refrigeration Systems, and chilling plants. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.
92GF Score
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