Balu Forge Industries (NSE:BALUFORGE) EV-to-EBIT: 20.30 (As of Aug. 23, 2026) — Near Median

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NSE:BALUFORGE Balu Forge Industries Ltd NSE:BALUFORGE
74 GF Score
Price ₹555.40
GF Value ₹629.59
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Balu Forge Industries EV-to-EBIT?

Balu Forge Industries NSE:BALUFORGE +1.58% 74 EV-to-EBIT is 20.30 as of Aug. 23, 2026, which is 5% below its 10-year median of 21.32. GuruFocus rates NSE:BALUFORGE with a GF Score™ of 74/100 and a GF Value™ of ₹629.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,388 Industrial Products companies, Balu Forge Industries ranks worse than 52.55% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Balu Forge Industries's Enterprise Value is ₹68,131 Mil. Balu Forge Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,356 Mil. Therefore, Balu Forge Industries's EV-to-EBIT for today is 20.30.

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

NSE:BALUFORGE' s EV-to-EBIT Range Over the Past 10 Years
Min: -1080.92   Med: 21.32   Max: 420.74
Current: 20.3

During the past 13 years, the highest EV-to-EBIT of Balu Forge Industries was 420.74. The lowest was -1080.92. And the median was 21.32.

NSE:BALUFORGE's EV-to-EBIT is ranked worse than
52.55% of 2388 companies
in the Industrial Products industry
Industry Median: 19.025 vs NSE:BALUFORGE: 20.30

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Balu Forge Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹56,642 Mil. Balu Forge Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,356 Mil. Balu Forge Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.92%.


Balu Forge Industries  (NSE:BALUFORGE) 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) %.

Balu Forge Industries'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 )
=3355.561/56641.5072
=5.92 %

Balu Forge Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹56,642 Mil.
Balu Forge Industries'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 ₹3,356 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.


Balu Forge Industries EV-to-EBIT Related Terms


Balu Forge Industries EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Balu Forge Industries'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.

Balu Forge Industries EV-to-EBIT Chart

Balu Forge Industries 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 24.39 13.11 16.78 26.47 14.70

Balu Forge Industries 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 27.65 23.55 21.68 14.70 16.90

NSE:BALUFORGE vs CRS, ATI, MLI: EV-to-EBIT Comparison

For the Metal Fabrication subindustry, Balu Forge Industries'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.


Balu Forge Industries EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Balu Forge Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Balu Forge Industries's EV-to-EBIT falls into.


NSE:BALUFORGE
74GF Score
Balu Forge Industries Ltd NSE:BALUFORGE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balu Forge Industries EV-to-EBIT Calculation

Balu Forge Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=68131.467/3355.561
=20.30

Balu Forge Industries's current Enterprise Value is ₹68,131 Mil.
Balu Forge Industries'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 ₹3,356 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 20.30 mean?
Balu Forge Industries (NSE:BALUFORGE) has a EV-to-EBIT of 20.30 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Balu Forge Industries and its competitors. This is near median its historical median of 21.32. According to the industry distribution chart, Balu Forge Industries ranks #1255 out of 2388 companies in the Industrial Products industry, placing it in the top 52.6%.
Is Balu Forge Industries' EV-to-EBIT too high?
Balu Forge Industries' current EV-to-EBIT of 20.30 is near median its 10-year median of 21.32. The Industrial Products industry median EV-to-EBIT is 19.03. Balu Forge Industries' value of 20.30 is 6.7% above this industry median. Based on the distribution chart, Balu Forge Industries ranks #1255 out of 2388 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Balu Forge Industries has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balu Forge Industries' EV-to-EBIT compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Balu Forge Industries ranks #1255 out of 2388 companies for EV-to-EBIT. This places Balu Forge Industries in the lower half of its industry. The industry median EV-to-EBIT is 19.03. Balu Forge Industries' value of 20.30 is 6.7% above this benchmark. While the company's 10-year median is 21.32 vs. the industry median of 19.03, Balu Forge Industries 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 Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.03, based on 2,388 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. Balu Forge Industries's current EV-to-EBIT of 20.30 is 6.7% 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 Balu Forge Industries and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balu Forge Industries's current EV-to-EBIT is 20.30, which is near median its own 10-year median of 21.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balu Forge Industries stock overvalued right now?
Based on GuruFocus' analysis, Balu Forge Industries (NSE:BALUFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹629.59, compared to a current price of ₹555.40 — trading 11.8% below its estimated fair value. The current EV-to-EBIT is 20.30, which is near median its 10-year median of 21.32 and 6.7% above the Industrial Products industry median of 19.03. Balu Forge Industries' overall GF Score™ is 74/100 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 Balu Forge Industries (NSE:BALUFORGE), the current EV-to-EBIT is 20.30 as of Aug. 23, 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 Balu Forge Industries (NSE:BALUFORGE) Overvalued in 2026?

Based on GuruFocus' analysis, Balu Forge Industries stock appears to be undervalued. The current stock price of ₹555.40 is trading 11.8% below its estimated GF Value™ of ₹629.59. GuruFocus considers Balu Forge Industries to be Modestly Undervalued.

Key valuation signals for NSE:BALUFORGE:

  • EV-to-EBIT: 20.30 (near median its 10-year median of 21.32)
  • GF Value™: ₹629.59 vs. price of ₹555.40 (11.8% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 6.7% above the Industrial Products median (#1255 of 2388)

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


Balu Forge Industries Business Description

Other Exchanges 531112:India
Address 45 Telly Park Road, 506, 5th Floor, Imperial Palace, Andheri (East), Mumbai, MH, IND, 400 069
Balu Forge Industries Ltd is engaged in the business of steel forging. The company is a supplier of crankshafts to Original Equipment Manufacturers (OEMs) in India and other countries. It serves railways; car manufacturers; industrial vehicles; defense; oil and gas; agriculture; pumps and other industries. It has a single operating segment: Manufacturing and selling Steel Forging Products. Geographically, the company derives a majority of its revenue from outside India.
74GF Score

Get the complete analysis for NSE:BALUFORGE

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

₹555.40
Price
₹629.59
GF Value