Dev Information TechnologyNSE:DEVIT -0.29%78 EV-to-EBIT is 1.84 as of Jul. 13, 2026, which is 91% below its 10-year median of 21.15. GuruFocus rates NSE:DEVIT with a GF Score™ of 78/100 and a GF Value™ of ₹56.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,762 Software companies, Dev Information Technology ranks better than 93.53% on this metric.
Dev Information Technology (NSE:DEVIT) 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.
Dev Information Technology's Enterprise Value for the quarter that ended in Mar. 2026 was ₹1,553 Mil.
Dev Information Technology'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 ₹975 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.
Dev Information Technology EV-to-EBIT Related Terms
Dev Information Technology EV-to-EBIT Historical Data
* 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.
NSE:DEVIT vs IBM, ACN, FISV: EV-to-EBIT Comparison
For the Information Technology Services subindustry, Dev Information Technology'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.
Dev Information Technology EV-to-EBIT vs Software Industry
For the Software industry and Technology sector, Dev Information Technology's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Dev Information Technology's EV-to-EBIT falls into.
Dev Information Technology's current Enterprise Value is ₹1,796 Mil.
Dev Information Technology'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 ₹975 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.
Dev Information Technology (NSE:DEVIT) has a EV-to-EBIT of 1.84 as of Jul. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Dev Information Technology and its competitors. This is 91% below median its historical median of 21.15. Over the past decade, Dev Information Technology's EV-to-EBIT has ranged from 1.36 to 88.50. According to the industry distribution chart, Dev Information Technology ranks #114 out of 1762 companies in the Software industry, placing it in the top 6.5%.
Is Dev Information Technology's EV-to-EBIT too high?
Dev Information Technology's current EV-to-EBIT of 1.84 is 91% below median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 88.50. The Software industry median EV-to-EBIT is 14.28. Dev Information Technology's value of 1.84 is 87.1% below this industry median. Based on the distribution chart, Dev Information Technology ranks #114 out of 1762 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dev Information Technology has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's EV-to-EBIT compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #114 out of 1762 companies for EV-to-EBIT. This places Dev Information Technology in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 14.28. Dev Information Technology's value of 1.84 is 87.1% below this benchmark. Historically, Dev Information Technology's own EV-to-EBIT has ranged from 1.36 to 88.50 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 14.28, Dev Information Technology 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 Software company?
The median EV-to-EBIT among Software companies is 14.28, based on 1,762 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. Dev Information Technology's current EV-to-EBIT of 1.84 is 87.1% 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 Dev Information Technology and its competitors. For the Software industry, the median EV-to-EBIT is 14.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current EV-to-EBIT is 1.84, which is 91% below median its own 10-year median of 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.93, compared to a current price of ₹27.55 — trading 51.6% below its estimated fair value. The current EV-to-EBIT is 1.84, which is 91% below median its 10-year median of 21.15 and 87.1% below the Software industry median of 14.28. Dev Information Technology's overall GF Score™ is 78/100 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 Dev Information Technology (NSE:DEVIT), the current EV-to-EBIT is 1.84 as of Jul. 13, 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 Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹27.55 is trading 51.6% below its estimated GF Value™ of ₹56.93.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
EV-to-EBIT: 1.84 (91% below median its 10-year median of 21.15)
GF Value™: ₹56.93 vs. price of ₹27.55 (51.6% below fair value)
Industry Position: 87.1% below the Software median (#114 of 1762)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
78GF Score
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