Mercator (BOM:526235) EV-to-EBIT: -2.51 (As of Sep. 04, 2026)

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BOM:526235 Mercator Ltd BOM:526235
4 GF Score
Price ₹0.84
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What is Mercator EV-to-EBIT?

Mercator BOM:526235 4 EV-to-EBIT is -2.51 as of Sep. 04, 2026. GuruFocus rates BOM:526235 with a GF Score™ of 4/100.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mercator's Enterprise Value is ₹5,634.64 Mil. Mercator's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2,240.57 Mil. Therefore, Mercator's EV-to-EBIT for today is -2.51.

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

BOM:526235's EV-to-EBIT is not ranked *
in the Other Energy Sources industry.
Industry Median: 11.34
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mercator's Enterprise Value for the quarter that ended in Mar. 2024 was ₹6,504.63 Mil. Mercator's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2,240.57 Mil. Mercator's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -34.45%.


Mercator  (BOM:526235) 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) %.

Mercator's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-2240.57/6504.62556
=-34.45 %

Mercator's Enterprise Value for the quarter that ended in Mar. 2024 was ₹6,504.63 Mil.
Mercator's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-2,240.57 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.


Mercator EV-to-EBIT Related Terms


Mercator EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Mercator'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.

Mercator EV-to-EBIT Chart

Mercator Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.45 -13.84 -222.06 -719.14 -2.90

Mercator Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -719.14 -12.95 -407.56 -20.07 -2.90

Mercator EV-to-EBIT Competitor Comparison

For the Thermal Coal subindustry, Mercator'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.


Mercator EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mercator's EV-to-EBIT distribution charts can be found below:

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


BOM:526235
4GF Score
Mercator Ltd BOM:526235
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercator EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5634.640/-2240.57
=-2.51

Mercator's current Enterprise Value is ₹5,634.64 Mil.
Mercator's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-2,240.57 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 -2.51 mean?
Mercator (BOM:526235) has a EV-to-EBIT of -2.51 as of Sep. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mercator and its competitors.
Is Mercator's EV-to-EBIT too high?
Mercator's current EV-to-EBIT is -2.51. Overall, Mercator has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Mercator's EV-to-EBIT compare to competitors?
Mercator's EV-to-EBIT of -2.51 can be compared against companies in the Other Energy Sources industry. The industry median EV-to-EBIT is 11.34. 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 an Other Energy Sources company?
The median EV-to-EBIT among Other Energy Sources companies is 11.34, based on 97 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. 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 Mercator and its competitors. For the Other Energy Sources industry, the median EV-to-EBIT is 11.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercator's current EV-to-EBIT is -2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercator stock overvalued right now?
Mercator (BOM:526235) has a current EV-to-EBIT of -2.51. The current EV-to-EBIT is -2.51. Mercator's overall GF Score™ is 4/100. 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 Mercator (BOM:526235), the current EV-to-EBIT is -2.51 as of Sep. 04, 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.

Mercator Business Description

Address Nariman Point, 83-87, 8th Floor, B-Wing, Mittal Tower, Mumbai, MH, IND, 400 021
Mercator Ltd is an Indian company engaged in diversified business with interests in coal, oil & gas, shipping and dredging. The company operates a variety of shipping fleets including crude carriers, gas carriers, petroleum product carriers, and bulk carriers. It operates in single primary business segment of Water transport.
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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