Grendene (BSP:GRND3) EV-to-EBIT: 4.57 (As of Sep. 05, 2026) — 42% Below Median

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BSP:GRND3 Grendene SA BSP:GRND3
66 GF Score
Price R$3.68
GF Value R$6.34
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Grendene EV-to-EBIT?

Grendene BSP:GRND3 -0.27% 66 EV-to-EBIT is 4.57 as of Sep. 05, 2026, which is 42% below its 10-year median of 7.87. GuruFocus rates BSP:GRND3 with a GF Score™ of 66/100 and a GF Value™ of R$6.34 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 829 Manufacturing - Apparel & Accessories companies, Grendene ranks better than 87.58% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Grendene's Enterprise Value is R$2,964 Mil. Grendene's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was R$648 Mil. Therefore, Grendene's EV-to-EBIT for today is 4.57.

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

BSP:GRND3' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.46   Med: 7.87   Max: 15.15
Current: 4.57

During the past 13 years, the highest EV-to-EBIT of Grendene was 15.15. The lowest was 3.46. And the median was 7.87.

BSP:GRND3's EV-to-EBIT is ranked better than
87.58% of 829 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 12.78 vs BSP:GRND3: 4.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Grendene's Enterprise Value for the quarter that ended in Jun. 2026 was R$3,054 Mil. Grendene's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was R$648 Mil. Grendene's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 21.22%.


Grendene  (BSP:GRND3) 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) %.

Grendene'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 )
=648.203/3054.0968
=21.22 %

Grendene's Enterprise Value for the quarter that ended in Jun. 2026 was R$3,054 Mil.
Grendene'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 R$648 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.


Grendene EV-to-EBIT Related Terms


Grendene EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Grendene'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.

Grendene EV-to-EBIT Chart

Grendene Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.89 7.54 9.33 4.04 4.56

Grendene 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 3.93 4.42 4.56 5.08 4.71

BSP:GRND3 vs NKE, DECK, ONON: EV-to-EBIT Comparison

For the Footwear & Accessories subindustry, Grendene'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.


Grendene EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grendene's EV-to-EBIT distribution charts can be found below:

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


BSP:GRND3
66GF Score
Grendene SA BSP:GRND3
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grendene EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2963.881/648.203
=4.57

Grendene's current Enterprise Value is R$2,964 Mil.
Grendene'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 R$648 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 4.57 mean?
Grendene (BSP:GRND3) has a EV-to-EBIT of 4.57 as of Sep. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Grendene and its competitors. This is 42% below median its historical median of 7.87. Over the past decade, Grendene's EV-to-EBIT has ranged from 3.46 to 15.15. According to the industry distribution chart, Grendene ranks #103 out of 829 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.4%.
Is Grendene's EV-to-EBIT too high?
Grendene's current EV-to-EBIT of 4.57 is 42% below median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 15.15. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 12.78. Grendene's value of 4.57 is 64.2% below this industry median. Based on the distribution chart, Grendene ranks #103 out of 829 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Grendene has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grendene's EV-to-EBIT compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Grendene ranks #103 out of 829 companies for EV-to-EBIT. This places Grendene in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 12.78. Grendene's value of 4.57 is 64.2% below this benchmark. Historically, Grendene's own EV-to-EBIT has ranged from 3.46 to 15.15 over the past decade. While the company's 10-year median is 7.87 vs. the industry median of 12.78, Grendene 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 Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 12.78, based on 829 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. Grendene's current EV-to-EBIT of 4.57 is 64.2% 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 Grendene and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 12.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grendene's current EV-to-EBIT is 4.57, which is 42% below median its own 10-year median of 7.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grendene stock overvalued right now?
Based on GuruFocus' analysis, Grendene (BSP:GRND3) is currently considered Possible Value Trap. The stock's GF Value™ is R$6.34, compared to a current price of R$3.68 — trading 42% below its estimated fair value. The current EV-to-EBIT is 4.57, which is 42% below median its 10-year median of 7.87 and 64.2% below the Manufacturing - Apparel & Accessories industry median of 12.78. Grendene's overall GF Score™ is 66/100 with 11 warning signs 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 Grendene (BSP:GRND3), the current EV-to-EBIT is 4.57 as of Sep. 05, 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 Grendene (BSP:GRND3) Overvalued in 2026?

Based on GuruFocus' analysis, Grendene stock appears to be undervalued. The current stock price of R$3.68 is trading 42% below its estimated GF Value™ of R$6.34. GuruFocus considers Grendene to be Possible Value Trap.

Key valuation signals for BSP:GRND3:

  • EV-to-EBIT: 4.57 (42% below median its 10-year median of 7.87)
  • GF Value™: R$6.34 vs. price of R$3.68 (42% below fair value)
  • GF Score™: 66/100 with 11 warning signs
  • Industry Position: 64.2% below the Manufacturing - Apparel & Accessories median (#103 of 829)

No single metric tells the full story. See the BSP:GRND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grendene Business Description

Address Avenue Pimentel Gomes 214, Sobral, CE, BRA, 62040-125
Grendene SA is engaged in the development, production, distribution, and sale of plastic footwear for all the socio-economic classes, in the women's, men's, and children's market segments. It also has its stores, franchises, and web commerce channels, operating under the brands Melissa, Grendha, Zaxy, Rider, Cartago, Grendene Kids, and Ipanema. It also owns the brands Pega Forte and Nuar. Geographically, the company operates in Brazil, North America, Asia and Oceania, Europe, Central and South America, and the Middle East and Africa, out of which a majority of its revenue comes from Brazil.
66GF Score

Get the complete analysis for BSP:GRND3

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

R$3.68
Price
R$6.34
GF Value