Art Nirman (NSE:ARTNIRMAN) EV-to-EBIT: 23.67 (As of Sep. 21, 2026) — 49% Below Median

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NSE:ARTNIRMAN Art Nirman Ltd NSE:ARTNIRMAN
63 GF Score
Price ₹39.00
GF Value ₹36.49
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Art Nirman EV-to-EBIT?

Art Nirman NSE:ARTNIRMAN -3.87% 63 EV-to-EBIT is 23.67 as of Sep. 21, 2026, which is 49% below its 10-year median of 46.35. GuruFocus rates NSE:ARTNIRMAN with a GF Score™ of 63/100 and a GF Value™ of ₹36.49 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,345 Real Estate companies, Art Nirman ranks worse than 84.24% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Art Nirman's Enterprise Value is ₹1,126.2 Mil. Art Nirman's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹47.6 Mil. Therefore, Art Nirman's EV-to-EBIT for today is 23.67.

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

NSE:ARTNIRMAN' s EV-to-EBIT Range Over the Past 10 Years
Min: -938.17   Med: 46.35   Max: 453.1
Current: 36.34

During the past 13 years, the highest EV-to-EBIT of Art Nirman was 453.10. The lowest was -938.17. And the median was 46.35.

NSE:ARTNIRMAN's EV-to-EBIT is ranked worse than
84.24% of 1345 companies
in the Real Estate industry
Industry Median: 13.36 vs NSE:ARTNIRMAN: 36.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Art Nirman's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil. Art Nirman's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹47.6 Mil. Art Nirman's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Art Nirman  (NSE:ARTNIRMAN) 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) %.

Art Nirman'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 )
=47.587/
= %

Art Nirman's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil.
Art Nirman'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 ₹47.6 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.


Art Nirman EV-to-EBIT Related Terms


Art Nirman EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Art Nirman'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.

Art Nirman EV-to-EBIT Chart

Art Nirman 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 -22.46 443.11 71.52 39.34 28.81

Art Nirman 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 - 42.59 - 28.81 -

Art Nirman EV-to-EBIT Competitor Comparison

For the Real Estate - Development subindustry, Art Nirman'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.


Art Nirman EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Art Nirman's EV-to-EBIT distribution charts can be found below:

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


NSE:ARTNIRMAN
63GF Score
Art Nirman Ltd NSE:ARTNIRMAN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Art Nirman EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1126.182/47.587
=23.67

Art Nirman's current Enterprise Value is ₹1,126.2 Mil.
Art Nirman'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 ₹47.6 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 23.67 mean?
Art Nirman (NSE:ARTNIRMAN) has a EV-to-EBIT of 23.67 as of Sep. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Art Nirman and its competitors. This is 49% below median its historical median of 46.35. According to the industry distribution chart, Art Nirman ranks #1133 out of 1345 companies in the Real Estate industry, placing it in the top 84.2%.
Is Art Nirman's EV-to-EBIT too high?
Art Nirman's current EV-to-EBIT of 23.67 is 49% below median its 10-year median of 46.35. The Real Estate industry median EV-to-EBIT is 13.36. Art Nirman's value of 23.67 is 77.2% above this industry median. Based on the distribution chart, Art Nirman ranks #1133 out of 1345 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Art Nirman has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Art Nirman's EV-to-EBIT compare to competitors?
According to the Real Estate industry distribution chart, Art Nirman ranks #1133 out of 1345 companies for EV-to-EBIT. This places Art Nirman in the lower half of its industry. The industry median EV-to-EBIT is 13.36. Art Nirman's value of 23.67 is 77.2% above this benchmark. While the company's 10-year median is 46.35 vs. the industry median of 13.36, Art Nirman 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 Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.36, based on 1,345 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. Art Nirman's current EV-to-EBIT of 23.67 is 77.2% 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 Art Nirman and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art Nirman's current EV-to-EBIT is 23.67, which is 49% below median its own 10-year median of 46.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art Nirman stock overvalued right now?
Based on GuruFocus' analysis, Art Nirman (NSE:ARTNIRMAN) is currently considered Fairly Valued. The stock's GF Value™ is ₹36.49, compared to a current price of ₹39.00 — trading 6.9% above its estimated fair value. The current EV-to-EBIT is 23.67, which is 49% below median its 10-year median of 46.35 and 77.2% above the Real Estate industry median of 13.36. Art Nirman's overall GF Score™ is 63/100 with 3 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 Art Nirman (NSE:ARTNIRMAN), the current EV-to-EBIT is 23.67 as of Sep. 21, 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 Art Nirman (NSE:ARTNIRMAN) Overvalued in 2026?

Based on GuruFocus' analysis, Art Nirman stock appears to be overvalued. The current stock price of ₹39.00 is trading 6.9% above its estimated GF Value™ of ₹36.49. GuruFocus considers Art Nirman to be Fairly Valued.

Key valuation signals for NSE:ARTNIRMAN:

  • EV-to-EBIT: 23.67 (49% below median its 10-year median of 46.35)
  • GF Value™: ₹36.49 vs. price of ₹39.00 (6.9% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 77.2% above the Real Estate median (#1133 of 1345)

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


Art Nirman Business Description

Address Science City Main Road, 410, JBR Arcade, Sola, Ahmedabad, GJ, IND, 380060
Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.
63GF Score

Get the complete analysis for NSE:ARTNIRMAN

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

₹39.00
Price
₹36.49
GF Value