Andhra Paper (NSE:ANDHRAPAP) EV-to-EBIT: 22.95 (As of Sep. 22, 2026) — 224% Above Median

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NSE:ANDHRAPAP Andhra Paper Ltd NSE:ANDHRAPAP
76 GF Score
Price ₹71.43
GF Value ₹86.25
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Andhra Paper EV-to-EBIT?

Andhra Paper NSE:ANDHRAPAP +3.81% 76 EV-to-EBIT is 22.95 as of Sep. 22, 2026, which is 224% above its 10-year median of 7.08. GuruFocus rates NSE:ANDHRAPAP with a GF Score™ of 76/100 and a GF Value™ of ₹86.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 194 Forest Products companies, Andhra Paper ranks worse than 71.65% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Andhra Paper's Enterprise Value is ₹11,960 Mil. Andhra Paper's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹521 Mil. Therefore, Andhra Paper's EV-to-EBIT for today is 22.95.

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

NSE:ANDHRAPAP' s EV-to-EBIT Range Over the Past 10 Years
Min: -381.45   Med: 7.08   Max: 375.89
Current: 22.95

During the past 13 years, the highest EV-to-EBIT of Andhra Paper was 375.89. The lowest was -381.45. And the median was 7.08.

NSE:ANDHRAPAP's EV-to-EBIT is ranked worse than
71.65% of 194 companies
in the Forest Products industry
Industry Median: 14.395 vs NSE:ANDHRAPAP: 22.95

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Andhra Paper's Enterprise Value for the quarter that ended in Jun. 2026 was ₹12,508 Mil. Andhra Paper's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹521 Mil. Andhra Paper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.17%.


Andhra Paper  (NSE:ANDHRAPAP) 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) %.

Andhra Paper'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 )
=521.021/12507.6772655
=4.17 %

Andhra Paper's Enterprise Value for the quarter that ended in Jun. 2026 was ₹12,508 Mil.
Andhra Paper'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 ₹521 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.


Andhra Paper EV-to-EBIT Related Terms


Andhra Paper EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Andhra Paper'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.

Andhra Paper EV-to-EBIT Chart

Andhra Paper 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 4.88 1.33 2.53 6.77 20.17

Andhra Paper 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 12.28 24.59 32.15 19.81 24.01

Andhra Paper EV-to-EBIT Competitor Comparison

For the Paper & Paper Products subindustry, Andhra Paper'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.


Andhra Paper EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Andhra Paper's EV-to-EBIT distribution charts can be found below:

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


NSE:ANDHRAPAP
76GF Score
Andhra Paper Ltd NSE:ANDHRAPAP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andhra Paper EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11959.675/521.021
=22.95

Andhra Paper's current Enterprise Value is ₹11,960 Mil.
Andhra Paper'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 ₹521 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 22.95 mean?
Andhra Paper (NSE:ANDHRAPAP) has a EV-to-EBIT of 22.95 as of Sep. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Andhra Paper and its competitors. This is 224% above median its historical median of 7.08. According to the industry distribution chart, Andhra Paper ranks #139 out of 194 companies in the Forest Products industry, placing it in the top 71.6%.
Is Andhra Paper's EV-to-EBIT too high?
Andhra Paper's current EV-to-EBIT of 22.95 is 224% above median its 10-year median of 7.08. The Forest Products industry median EV-to-EBIT is 14.40. Andhra Paper's value of 22.95 is 59.4% above this industry median. Based on the distribution chart, Andhra Paper ranks #139 out of 194 companies in the Forest Products industry, which is below the industry midpoint. Overall, Andhra Paper has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andhra Paper's EV-to-EBIT compare to competitors?
According to the Forest Products industry distribution chart, Andhra Paper ranks #139 out of 194 companies for EV-to-EBIT. This places Andhra Paper in the lower half of its industry. The industry median EV-to-EBIT is 14.40. Andhra Paper's value of 22.95 is 59.4% above this benchmark. While the company's 10-year median is 7.08 vs. the industry median of 14.40, Andhra Paper 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 a Forest Products company?
The median EV-to-EBIT among Forest Products companies is 14.40, based on 194 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. Andhra Paper's current EV-to-EBIT of 22.95 is 59.4% 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 Andhra Paper and its competitors. For the Forest Products industry, the median EV-to-EBIT is 14.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andhra Paper's current EV-to-EBIT is 22.95, which is 224% above median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andhra Paper stock overvalued right now?
Based on GuruFocus' analysis, Andhra Paper (NSE:ANDHRAPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹86.25, compared to a current price of ₹71.43 — trading 17.2% below its estimated fair value. The current EV-to-EBIT is 22.95, which is 224% above median its 10-year median of 7.08 and 59.4% above the Forest Products industry median of 14.40. Andhra Paper's overall GF Score™ is 76/100 with 5 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 Andhra Paper (NSE:ANDHRAPAP), the current EV-to-EBIT is 22.95 as of Sep. 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 Andhra Paper (NSE:ANDHRAPAP) Overvalued in 2026?

Based on GuruFocus' analysis, Andhra Paper stock appears to be undervalued. The current stock price of ₹71.43 is trading 17.2% below its estimated GF Value™ of ₹86.25. GuruFocus considers Andhra Paper to be Modestly Undervalued.

Key valuation signals for NSE:ANDHRAPAP:

  • EV-to-EBIT: 22.95 (224% above median its 10-year median of 7.08)
  • GF Value™: ₹86.25 vs. price of ₹71.43 (17.2% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 59.4% above the Forest Products median (#139 of 194)

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


Andhra Paper Business Description

Other Exchanges 502330:India
Address Chowringee Road, Park Street, No. 31, 1st Floor, Kolkata, WB, IND, 700016
Andhra Paper Ltd is an integrated pulp and paper manufacturer based in India. The company produces a range of paper products, including writing and printing paper, copier paper, and industrial papers, as well as paperboard and pulp. Its portfolio serves both the office documentation market, offering economy to premium grades for home and commercial use, and industrial applications. Andhra Paper sells primarily in the domestic Indian market, which accounts for the majority of its revenue, with the remainder generated from exports to international markets. Its customers include distributors, wholesalers, printers, publishers, and commercial enterprises. The company operates manufacturing facilities in India and derives revenue from the sale of its paper, paperboard, and pulp products. It is part of the broader Indian paper industry, competing with other domestic and international paper manufacturers.
76GF Score

Get the complete analysis for NSE:ANDHRAPAP

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

₹71.43
Price
₹86.25
GF Value