Ashoka Metcast (NSE:ASHOKAMET) EV-to-EBIT: 6.69 (As of Aug. 18, 2026) — 30% Below Median

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NSE:ASHOKAMET Ashoka Metcast Ltd NSE:ASHOKAMET
74 GF Score
Price ₹13.77
GF Value ₹16.01
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ashoka Metcast EV-to-EBIT?

Ashoka Metcast NSE:ASHOKAMET -0.07% 74 EV-to-EBIT is 6.69 as of Aug. 18, 2026, which is 30% below its 10-year median of 9.54. GuruFocus rates NSE:ASHOKAMET with a GF Score™ of 74/100 and a GF Value™ of ₹16.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 487 Steel companies, Ashoka Metcast ranks better than 80.29% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashoka Metcast's Enterprise Value is ₹1,021.0 Mil. Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹152.5 Mil. Therefore, Ashoka Metcast's EV-to-EBIT for today is 6.69.

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

NSE:ASHOKAMET' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.58   Med: 9.54   Max: 52.58
Current: 6.69

During the past 13 years, the highest EV-to-EBIT of Ashoka Metcast was 52.58. The lowest was 2.58. And the median was 9.54.

NSE:ASHOKAMET's EV-to-EBIT is ranked better than
80.29% of 487 companies
in the Steel industry
Industry Median: 13.01 vs NSE:ASHOKAMET: 6.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ashoka Metcast's Enterprise Value for the quarter that ended in Mar. 2026 was ₹983.0 Mil. Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹152.5 Mil. Ashoka Metcast's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.52%.


Ashoka Metcast  (NSE:ASHOKAMET) 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) %.

Ashoka Metcast's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=152.546/983.02808
=15.52 %

Ashoka Metcast's Enterprise Value for the quarter that ended in Mar. 2026 was ₹983.0 Mil.
Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹152.5 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.


Ashoka Metcast EV-to-EBIT Related Terms


Ashoka Metcast EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ashoka Metcast'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.

Ashoka Metcast EV-to-EBIT Chart

Ashoka Metcast 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 9.23 12.16 8.55 6.38 6.42

Ashoka Metcast Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.38 4.82 10.14 3.53 6.42

NSE:ASHOKAMET vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Ashoka Metcast'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.


Ashoka Metcast EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Ashoka Metcast's EV-to-EBIT distribution charts can be found below:

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


NSE:ASHOKAMET
74GF Score
Ashoka Metcast Ltd NSE:ASHOKAMET
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashoka Metcast EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1021.023/152.546
=6.69

Ashoka Metcast's current Enterprise Value is ₹1,021.0 Mil.
Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹152.5 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 6.69 mean?
Ashoka Metcast (NSE:ASHOKAMET) has a EV-to-EBIT of 6.69 as of Aug. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ashoka Metcast and its competitors. This is 30% below median its historical median of 9.54. Over the past decade, Ashoka Metcast's EV-to-EBIT has ranged from 2.58 to 52.58. According to the industry distribution chart, Ashoka Metcast ranks #96 out of 487 companies in the Steel industry, placing it in the top 19.7%.
Is Ashoka Metcast's EV-to-EBIT too high?
Ashoka Metcast's current EV-to-EBIT of 6.69 is 30% below median its 10-year median of 9.54. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 52.58. The Steel industry median EV-to-EBIT is 13.01. Ashoka Metcast's value of 6.69 is 48.6% below this industry median. Based on the distribution chart, Ashoka Metcast ranks #96 out of 487 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ashoka Metcast has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Ashoka Metcast ranks #96 out of 487 companies for EV-to-EBIT. This places Ashoka Metcast in the top 20% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.01. Ashoka Metcast's value of 6.69 is 48.6% below this benchmark. Historically, Ashoka Metcast's own EV-to-EBIT has ranged from 2.58 to 52.58 over the past decade. While the company's 10-year median is 9.54 vs. the industry median of 13.01, Ashoka Metcast 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 Steel company?
The median EV-to-EBIT among Steel companies is 13.01, based on 487 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. Ashoka Metcast's current EV-to-EBIT of 6.69 is 48.6% 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 Ashoka Metcast and its competitors. For the Steel industry, the median EV-to-EBIT is 13.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Metcast's current EV-to-EBIT is 6.69, which is 30% below median its own 10-year median of 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16.01, compared to a current price of ₹13.77 — trading 14% below its estimated fair value. The current EV-to-EBIT is 6.69, which is 30% below median its 10-year median of 9.54 and 48.6% below the Steel industry median of 13.01. Ashoka Metcast's overall GF Score™ is 74/100 with 4 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 Ashoka Metcast (NSE:ASHOKAMET), the current EV-to-EBIT is 6.69 as of Aug. 18, 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 Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?

Based on GuruFocus' analysis, Ashoka Metcast stock appears to be undervalued. The current stock price of ₹13.77 is trading 14% below its estimated GF Value™ of ₹16.01. GuruFocus considers Ashoka Metcast to be Modestly Undervalued.

Key valuation signals for NSE:ASHOKAMET:

  • EV-to-EBIT: 6.69 (30% below median its 10-year median of 9.54)
  • GF Value™: ₹16.01 vs. price of ₹13.77 (14% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 48.6% below the Steel median (#96 of 487)

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


Ashoka Metcast Business Description

Other Exchanges 540923:India
Address Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
74GF Score

Get the complete analysis for NSE:ASHOKAMET

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

₹13.77
Price
₹16.01
GF Value