Adani Enterprises (NSE:ADANIENT) EV-to-EBIT: 27.05 (As of Sep. 16, 2026) — 21% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ADANIENT Adani Enterprises Ltd NSE:ADANIENT
80 GF Score
Price ₹2,928.60
GF Value ₹2,846.78
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Adani Enterprises EV-to-EBIT?

Adani Enterprises NSE:ADANIENT -4.29% 80 EV-to-EBIT is 27.05 as of Sep. 16, 2026, which is 21% above its 10-year median of 22.38. GuruFocus rates NSE:ADANIENT with a GF Score™ of 80/100 and a GF Value™ of ₹2,846.78 (Fairly Valued). The stock has 9 warning signs investors should review. Among 97 Other Energy Sources companies, Adani Enterprises ranks worse than 81.44% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Adani Enterprises's Enterprise Value is ₹5,017,743 Mil. Adani Enterprises's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹185,486 Mil. Therefore, Adani Enterprises's EV-to-EBIT for today is 27.05.

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

NSE:ADANIENT' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.98   Med: 22.38   Max: 115.48
Current: 27.05

During the past 13 years, the highest EV-to-EBIT of Adani Enterprises was 115.48. The lowest was 1.98. And the median was 22.38.

NSE:ADANIENT's EV-to-EBIT is ranked worse than
81.44% of 97 companies
in the Other Energy Sources industry
Industry Median: 11.29 vs NSE:ADANIENT: 27.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Adani Enterprises's Enterprise Value for the quarter that ended in Jun. 2026 was ₹0 Mil. Adani Enterprises's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹185,486 Mil. Adani Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Adani Enterprises  (NSE:ADANIENT) 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) %.

Adani Enterprises'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 )
=185486/
= %

Adani Enterprises's Enterprise Value for the quarter that ended in Jun. 2026 was ₹0 Mil.
Adani Enterprises'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 ₹185,486 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.


Adani Enterprises EV-to-EBIT Related Terms


Adani Enterprises EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Adani Enterprises'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.

Adani Enterprises EV-to-EBIT Chart

Adani Enterprises 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 77.58 37.66 47.56 23.20 15.70

Adani Enterprises 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 0.00 20.85 0.00 16.03 0.00

Adani Enterprises EV-to-EBIT Competitor Comparison

For the Thermal Coal subindustry, Adani Enterprises'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.


Adani Enterprises EV-to-EBIT vs Other Energy Sources Industry

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

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


NSE:ADANIENT
80GF Score
Adani Enterprises Ltd NSE:ADANIENT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adani Enterprises EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5017743.263/185486
=27.05

Adani Enterprises's current Enterprise Value is ₹5,017,743 Mil.
Adani Enterprises'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 ₹185,486 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 27.05 mean?
Adani Enterprises (NSE:ADANIENT) has a EV-to-EBIT of 27.05 as of Sep. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Adani Enterprises and its competitors. This is 21% above median its historical median of 22.38. Over the past decade, Adani Enterprises' EV-to-EBIT has ranged from 1.98 to 115.48. According to the industry distribution chart, Adani Enterprises ranks #79 out of 97 companies in the Other Energy Sources industry, placing it in the top 81.4%.
Is Adani Enterprises' EV-to-EBIT too high?
Adani Enterprises' current EV-to-EBIT of 27.05 is 21% above median its 10-year median of 22.38. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 115.48. The Other Energy Sources industry median EV-to-EBIT is 11.29. Adani Enterprises' value of 27.05 is 139.6% above this industry median. Based on the distribution chart, Adani Enterprises ranks #79 out of 97 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Adani Enterprises has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Enterprises' EV-to-EBIT compare to competitors?
According to the Other Energy Sources industry distribution chart, Adani Enterprises ranks #79 out of 97 companies for EV-to-EBIT. This places Adani Enterprises in the lower half of its industry. The industry median EV-to-EBIT is 11.29. Adani Enterprises' value of 27.05 is 139.6% above this benchmark. Historically, Adani Enterprises' own EV-to-EBIT has ranged from 1.98 to 115.48 over the past decade. While the company's 10-year median is 22.38 vs. the industry median of 11.29, Adani Enterprises has consistently been above 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 an Other Energy Sources company?
The median EV-to-EBIT among Other Energy Sources companies is 11.29, 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. Adani Enterprises's current EV-to-EBIT of 27.05 is 139.6% above 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 Adani Enterprises and its competitors. For the Other Energy Sources industry, the median EV-to-EBIT is 11.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Enterprises's current EV-to-EBIT is 27.05, which is 21% above median its own 10-year median of 22.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Adani Enterprises (NSE:ADANIENT) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,846.78, compared to a current price of ₹2,928.60 — trading 2.9% above its estimated fair value. The current EV-to-EBIT is 27.05, which is 21% above median its 10-year median of 22.38 and 139.6% above the Other Energy Sources industry median of 11.29. Adani Enterprises' overall GF Score™ is 80/100 with 9 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 Adani Enterprises (NSE:ADANIENT), the current EV-to-EBIT is 27.05 as of Sep. 16, 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 Adani Enterprises (NSE:ADANIENT) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Enterprises stock appears to be overvalued. The current stock price of ₹2,928.60 is trading 2.9% above its estimated GF Value™ of ₹2,846.78. GuruFocus considers Adani Enterprises to be Fairly Valued.

Key valuation signals for NSE:ADANIENT:

  • EV-to-EBIT: 27.05 (21% above median its 10-year median of 22.38)
  • GF Value™: ₹2,846.78 vs. price of ₹2,928.60 (2.9% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 139.6% above the Other Energy Sources median (#79 of 97)

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


Adani Enterprises Business Description

Other Exchanges 512599:India
Address S. G. Highway, Adani Corporate House, Near Vaishnodevi Circle, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Enterprises Ltd is in the business of integrated resources management, mining services and other trading activities. The company operates as an incubator, establishing new businesses in various areas like new energy ecosystem, data center, airports, roads, copper, PVC and others. It is engaged inter-alia in the business of integrated resources management and provides end-toend procurement and logistics services. It purchases, handles and sells different products like coal, copper and its related products, and other materials as part of its business activities. It has eight segments Integrated Resources Management, Mining Services, Commercial Mining, New Energy Ecosystem, Airport, Road, Copper, and Others. It generates majority of revenue from Integrated Resources Management segment.
80GF Score

Get the complete analysis for NSE:ADANIENT

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

₹2,928.60
Price
₹2,846.78
GF Value