Adani Total Gas (NSE:ATGL) EV-to-EBIT: 76.70 (As of Aug. 04, 2026) — Near Median

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NSE:ATGL Adani Total Gas Ltd NSE:ATGL
92 GF Score
Price ₹667.60
GF Value ₹840.30
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Adani Total Gas EV-to-EBIT?

Adani Total Gas NSE:ATGL +2.48% 92 EV-to-EBIT is 76.70 as of Aug. 04, 2026, which is 2% below its 10-year median of 78.15. GuruFocus rates NSE:ATGL with a GF Score™ of 92/100 and a GF Value™ of ₹840.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 463 Utilities - Regulated companies, Adani Total Gas ranks worse than 98.7% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Adani Total Gas's Enterprise Value is ₹757,371 Mil. Adani Total Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9,874 Mil. Therefore, Adani Total Gas's EV-to-EBIT for today is 76.70.

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

NSE:ATGL' s EV-to-EBIT Range Over the Past 10 Years
Min: 17.45   Med: 78.15   Max: 565.07
Current: 76.69

During the past 12 years, the highest EV-to-EBIT of Adani Total Gas was 565.07. The lowest was 17.45. And the median was 78.15.

NSE:ATGL's EV-to-EBIT is ranked worse than
98.7% of 463 companies
in the Utilities - Regulated industry
Industry Median: 13.72 vs NSE:ATGL: 76.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Adani Total Gas's Enterprise Value for the quarter that ended in Jun. 2026 was ₹804,566 Mil. Adani Total Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9,874 Mil. Adani Total Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.23%.


Adani Total Gas  (NSE:ATGL) 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 Total Gas'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 )
=9874.3/804566.0055
=1.23 %

Adani Total Gas's Enterprise Value for the quarter that ended in Jun. 2026 was ₹804,566 Mil.
Adani Total Gas'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 ₹9,874 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 Total Gas EV-to-EBIT Related Terms


Adani Total Gas EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Adani Total Gas'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 Total Gas EV-to-EBIT Chart

Adani Total Gas 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 324.18 122.95 103.74 70.38 58.70

Adani Total Gas 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 76.85 74.48 63.84 58.70 81.54

NSE:ATGL vs ATO, NI, UGI: EV-to-EBIT Comparison

For the Utilities - Regulated Gas subindustry, Adani Total Gas'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 Total Gas EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's EV-to-EBIT distribution charts can be found below:

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


NSE:ATGL
92GF Score
Adani Total Gas Ltd NSE:ATGL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adani Total Gas EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=757371.302/9874.3
=76.70

Adani Total Gas's current Enterprise Value is ₹757,371 Mil.
Adani Total Gas'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 ₹9,874 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 76.70 mean?
Adani Total Gas (NSE:ATGL) has a EV-to-EBIT of 76.70 as of Aug. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Adani Total Gas and its competitors. This is near median its historical median of 78.15. Over the past decade, Adani Total Gas' EV-to-EBIT has ranged from 17.45 to 565.07. According to the industry distribution chart, Adani Total Gas ranks #457 out of 463 companies in the Utilities - Regulated industry, placing it in the top 98.7%.
Is Adani Total Gas' EV-to-EBIT too high?
Adani Total Gas' current EV-to-EBIT of 76.70 is near median its 10-year median of 78.15. Over the past 10 years, this metric has ranged from a low of 17.45 to a high of 565.07. The Utilities - Regulated industry median EV-to-EBIT is 13.72. Adani Total Gas' value of 76.70 is 459% above this industry median. Based on the distribution chart, Adani Total Gas ranks #457 out of 463 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Adani Total Gas has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' EV-to-EBIT compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Adani Total Gas ranks #457 out of 463 companies for EV-to-EBIT. This places Adani Total Gas in the lower half of its industry. The industry median EV-to-EBIT is 13.72. Adani Total Gas' value of 76.70 is 459% above this benchmark. Historically, Adani Total Gas' own EV-to-EBIT has ranged from 17.45 to 565.07 over the past decade. While the company's 10-year median is 78.15 vs. the industry median of 13.72, Adani Total Gas 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 Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.72, based on 463 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 Total Gas's current EV-to-EBIT of 76.70 is 459% 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 Total Gas and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Total Gas's current EV-to-EBIT is 76.70, which is near median its own 10-year median of 78.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Total Gas stock overvalued right now?
Based on GuruFocus' analysis, Adani Total Gas (NSE:ATGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹840.30, compared to a current price of ₹667.60 — trading 20.6% below its estimated fair value. The current EV-to-EBIT is 76.70, which is near median its 10-year median of 78.15 and 459% above the Utilities - Regulated industry median of 13.72. Adani Total Gas' overall GF Score™ is 92/100 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 Adani Total Gas (NSE:ATGL), the current EV-to-EBIT is 76.70 as of Aug. 04, 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 Total Gas (NSE:ATGL) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Total Gas stock appears to be undervalued. The current stock price of ₹667.60 is trading 20.6% below its estimated GF Value™ of ₹840.30. GuruFocus considers Adani Total Gas to be Modestly Undervalued.

Key valuation signals for NSE:ATGL:

  • EV-to-EBIT: 76.70 (near median its 10-year median of 78.15)
  • GF Value™: ₹840.30 vs. price of ₹667.60 (20.6% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 459% above the Utilities - Regulated median (#457 of 463)

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


Adani Total Gas Business Description

Other Exchanges 542066:India
Address S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Total Gas Ltd is engaged in the City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial, and vehicle users. The company is exploring doing business in bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment, and provision of value-added services relating to CGD business. It is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable, and environmentally friendly fuel that allows consumers to enjoy a high level of safety, convenience, and economic efficiency. The Group has a single operating segment that is the sale of Natural Gas.
92GF Score

Get the complete analysis for NSE:ATGL

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

₹667.60
Price
₹840.30
GF Value