Onward Technologies (BOM:517536) EV-to-EBIT: 9.37 (As of Jul. 22, 2026) — 45% Below Median

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BOM:517536 Onward Technologies Ltd BOM:517536
79 GF Score
Price ₹292.10
GF Value ₹391.16
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Onward Technologies EV-to-EBIT?

Onward Technologies BOM:517536 +6.84% 79 EV-to-EBIT is 9.37 as of Jul. 22, 2026, which is 45% below its 10-year median of 16.89. GuruFocus rates BOM:517536 with a GF Score™ of 79/100 and a GF Value™ of ₹391.16 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,770 Software companies, Onward Technologies ranks better than 69.89% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Onward Technologies's Enterprise Value is ₹5,527 Mil. Onward Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹590 Mil. Therefore, Onward Technologies's EV-to-EBIT for today is 9.37.

The historical rank and industry rank for Onward Technologies's EV-to-EBIT or its related term are showing as below:

BOM:517536' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.45   Med: 16.89   Max: 62.44
Current: 9.38

During the past 13 years, the highest EV-to-EBIT of Onward Technologies was 62.44. The lowest was 3.45. And the median was 16.89.

BOM:517536's EV-to-EBIT is ranked better than
69.89% of 1770 companies
in the Software industry
Industry Median: 14.225 vs BOM:517536: 9.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Onward Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was ₹6,287 Mil. Onward Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹590 Mil. Onward Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 9.38%.


Onward Technologies  (BOM:517536) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Onward Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=589.715/6287.09445
=9.38 %

Onward Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was ₹6,287 Mil.
Onward Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹590 Mil.

* 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.


Onward Technologies EV-to-EBIT Related Terms


Onward Technologies EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Onward Technologies's EV-to-EBIT 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.

Onward Technologies EV-to-EBIT Chart

Onward Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.22 31.02 20.21 13.23 6.40

Onward Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.63 10.41 10.63 6.40 10.66

BOM:517536 vs IBM, ACN, FISV: EV-to-EBIT Comparison

For the Information Technology Services subindustry, Onward Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Onward Technologies EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Onward Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Onward Technologies's EV-to-EBIT falls into.


BOM:517536
79GF Score
Onward Technologies Ltd BOM:517536
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onward Technologies EV-to-EBIT Calculation

Onward Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5526.675/589.715
=9.37

Onward Technologies's current Enterprise Value is ₹5,527 Mil.
Onward Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹590 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 9.37 mean?
Onward Technologies (BOM:517536) has a EV-to-EBIT of 9.37 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Onward Technologies and its competitors. This is 45% below median its historical median of 16.89. Over the past decade, Onward Technologies' EV-to-EBIT has ranged from 3.45 to 62.44. According to the industry distribution chart, Onward Technologies ranks #533 out of 1770 companies in the Software industry, placing it in the top 30.1%.
Is Onward Technologies' EV-to-EBIT too high?
Onward Technologies' current EV-to-EBIT of 9.37 is 45% below median its 10-year median of 16.89. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 62.44. The Software industry median EV-to-EBIT is 14.23. Onward Technologies' value of 9.37 is 34.1% below this industry median. Based on the distribution chart, Onward Technologies ranks #533 out of 1770 companies in the Software industry, which is above the industry midpoint. Overall, Onward Technologies has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onward Technologies' EV-to-EBIT compare to IBM and ACN?
According to the Software industry distribution chart, Onward Technologies ranks #533 out of 1770 companies for EV-to-EBIT. This puts Onward Technologies in the upper half of its industry. The industry median EV-to-EBIT is 14.23. Onward Technologies' value of 9.37 is 34.1% below this benchmark. Historically, Onward Technologies' own EV-to-EBIT has ranged from 3.45 to 62.44 over the past decade. While the company's 10-year median is 16.89 vs. the industry median of 14.23, Onward Technologies 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 EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 14.23, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onward Technologies's current EV-to-EBIT of 9.37 is 34.1% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Onward Technologies and its competitors. For the Software industry, the median EV-to-EBIT is 14.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Technologies's current EV-to-EBIT is 9.37, which is 45% below median its own 10-year median of 16.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Technologies stock overvalued right now?
Based on GuruFocus' analysis, Onward Technologies (BOM:517536) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹391.16, compared to a current price of ₹292.10 — trading 25.3% below its estimated fair value. The current EV-to-EBIT is 9.37, which is 45% below median its 10-year median of 16.89 and 34.1% below the Software industry median of 14.23. Onward Technologies' overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Onward Technologies (BOM:517536), the current EV-to-EBIT is 9.37 as of Jul. 22, 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 Onward Technologies (BOM:517536) Overvalued in 2026?

Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued. The current stock price of ₹292.10 is trading 25.3% below its estimated GF Value™ of ₹391.16. GuruFocus considers Onward Technologies to be Modestly Undervalued.

Key valuation signals for BOM:517536:

  • EV-to-EBIT: 9.37 (45% below median its 10-year median of 16.89)
  • GF Value™: ₹391.16 vs. price of ₹292.10 (25.3% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 34.1% below the Software median (#533 of 1770)

No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onward Technologies Business Description

Other Exchanges ONWARDTEC:India
Address Almonte IT park, 5th Floor, Next to Radisson Blu Hotel, Kharadi, Pune, MH, IND, 411014
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
79GF Score

Get the complete analysis for BOM:517536

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹292.10
Price
₹391.16
GF Value