De Nora India (NSE:DENORA) EV-to-EBIT: 44.76 (As of Sep. 10, 2026) — 82% Above Median

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NSE:DENORA De Nora India Ltd NSE:DENORA
78 GF Score
Price ₹805.75
GF Value ₹1,631.62
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is De Nora India EV-to-EBIT?

De Nora India NSE:DENORA -0.02% 78 EV-to-EBIT is 44.76 as of Sep. 10, 2026, which is 82% above its 10-year median of 24.56. GuruFocus rates NSE:DENORA with a GF Score™ of 78/100 and a GF Value™ of ₹1,631.62 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,364 Industrial Products companies, De Nora India ranks worse than 77.54% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, De Nora India's Enterprise Value is ₹3,495 Mil. De Nora India's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹78 Mil. Therefore, De Nora India's EV-to-EBIT for today is 44.76.

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

NSE:DENORA' s EV-to-EBIT Range Over the Past 10 Years
Min: -1248.47   Med: 24.56   Max: 1950.97
Current: 44.76

During the past 13 years, the highest EV-to-EBIT of De Nora India was 1950.97. The lowest was -1248.47. And the median was 24.56.

NSE:DENORA's EV-to-EBIT is ranked worse than
77.54% of 2364 companies
in the Industrial Products industry
Industry Median: 18.78 vs NSE:DENORA: 44.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. De Nora India's Enterprise Value for the quarter that ended in Jun. 2026 was ₹4,794 Mil. De Nora India's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹78 Mil. De Nora India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.63%.


De Nora India  (NSE:DENORA) 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) %.

De Nora India'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 )
=78.074/4794.29245
=1.63 %

De Nora India's Enterprise Value for the quarter that ended in Jun. 2026 was ₹4,794 Mil.
De Nora India'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 ₹78 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.


De Nora India EV-to-EBIT Related Terms


De Nora India EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for De Nora India'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.

De Nora India EV-to-EBIT Chart

De Nora India 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 7.95 14.48 38.40 -110.02 52.43

De Nora India 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 -127.45 -119.32 33.64 52.43 60.97

NSE:DENORA vs VRT, BE: EV-to-EBIT Comparison

For the Electrical Equipment & Parts subindustry, De Nora India'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.


De Nora India EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Nora India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where De Nora India's EV-to-EBIT falls into.


NSE:DENORA
78GF Score
De Nora India Ltd NSE:DENORA
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

De Nora India EV-to-EBIT Calculation

De Nora India's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3494.785/78.074
=44.76

De Nora India's current Enterprise Value is ₹3,495 Mil.
De Nora India'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 ₹78 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 44.76 mean?
De Nora India (NSE:DENORA) has a EV-to-EBIT of 44.76 as of Sep. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on De Nora India and its competitors. This is 82% above median its historical median of 24.56. According to the industry distribution chart, De Nora India ranks #1833 out of 2364 companies in the Industrial Products industry, placing it in the top 77.5%.
Is De Nora India's EV-to-EBIT too high?
De Nora India's current EV-to-EBIT of 44.76 is 82% above median its 10-year median of 24.56. The Industrial Products industry median EV-to-EBIT is 18.78. De Nora India's value of 44.76 is 138.3% above this industry median. Based on the distribution chart, De Nora India ranks #1833 out of 2364 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, De Nora India has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does De Nora India's EV-to-EBIT compare to VRT and BE?
According to the Industrial Products industry distribution chart, De Nora India ranks #1833 out of 2364 companies for EV-to-EBIT. This places De Nora India in the lower half of its industry. The industry median EV-to-EBIT is 18.78. De Nora India's value of 44.76 is 138.3% above this benchmark. While the company's 10-year median is 24.56 vs. the industry median of 18.78, De Nora India 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 18.78, based on 2,364 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. De Nora India's current EV-to-EBIT of 44.76 is 138.3% 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 De Nora India and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 18.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De Nora India's current EV-to-EBIT is 44.76, which is 82% above median its own 10-year median of 24.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Nora India stock overvalued right now?
Based on GuruFocus' analysis, De Nora India (NSE:DENORA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,631.62, compared to a current price of ₹805.75 — trading 50.6% below its estimated fair value. The current EV-to-EBIT is 44.76, which is 82% above median its 10-year median of 24.56 and 138.3% above the Industrial Products industry median of 18.78. De Nora India's overall GF Score™ is 78/100 with 2 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 De Nora India (NSE:DENORA), the current EV-to-EBIT is 44.76 as of Sep. 10, 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 De Nora India (NSE:DENORA) Overvalued in 2026?

Based on GuruFocus' analysis, De Nora India stock appears to be undervalued. The current stock price of ₹805.75 is trading 50.6% below its estimated GF Value™ of ₹1,631.62. GuruFocus considers De Nora India to be Significantly Undervalued.

Key valuation signals for NSE:DENORA:

  • EV-to-EBIT: 44.76 (82% above median its 10-year median of 24.56)
  • GF Value™: ₹1,631.62 vs. price of ₹805.75 (50.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 138.3% above the Industrial Products median (#1833 of 2364)

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


De Nora India Business Description

Other Exchanges 590031:India
Address Kumdaim Industrial Estate, Plot Nos. 184, 185 & 189, Kundiam, GA, IND, 403115
De Nora India Ltd is principally engaged in the manufacturing of Electrolytic Products, including anodes, cathodes, electrochlorinators, and Water Technology products. It operates as a single integrated business unit. The company generates the majority of its revenue from the Sale of services. Geographically, the company generates the majority of its revenue from India.
78GF Score

Get the complete analysis for NSE:DENORA

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

₹805.75
Price
₹1,631.62
GF Value