Ester Industries (NSE:ESTER) EV-to-EBIT: 39.98 (As of Aug. 15, 2026) — 354% Above Median

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NSE:ESTER Ester Industries Ltd NSE:ESTER
66 GF Score
Price ₹101.02
GF Value ₹117.19
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ester Industries EV-to-EBIT?

Ester Industries NSE:ESTER -0.63% 66 EV-to-EBIT is 39.98 as of Aug. 15, 2026, which is 354% above its 10-year median of 8.80. GuruFocus rates NSE:ESTER with a GF Score™ of 66/100 and a GF Value™ of ₹117.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,250 Chemicals companies, Ester Industries ranks worse than 78.8% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ester Industries's Enterprise Value is ₹16,246 Mil. Ester Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹406 Mil. Therefore, Ester Industries's EV-to-EBIT for today is 39.98.

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

NSE:ESTER' s EV-to-EBIT Range Over the Past 10 Years
Min: -143.03   Med: 8.8   Max: 924.03
Current: 39.98

During the past 13 years, the highest EV-to-EBIT of Ester Industries was 924.03. The lowest was -143.03. And the median was 8.80.

NSE:ESTER's EV-to-EBIT is ranked worse than
78.8% of 1250 companies
in the Chemicals industry
Industry Median: 17.81 vs NSE:ESTER: 39.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ester Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹12,578 Mil. Ester Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹406 Mil. Ester Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.23%.


Ester Industries  (NSE:ESTER) 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) %.

Ester Industries'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 )
=406.3/12578.13962
=3.23 %

Ester Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹12,578 Mil.
Ester Industries'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 ₹406 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.


Ester Industries EV-to-EBIT Related Terms


Ester Industries EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ester 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.

Ester Industries EV-to-EBIT Chart

Ester 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 12.30 22.16 -21.51 17.55 30.96

Ester Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 17.55 11.78 19.88 26.91 30.96

NSE:ESTER vs LIN, SHW, ECL: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Ester 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.


Ester Industries EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ester Industries's EV-to-EBIT distribution charts can be found below:

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


NSE:ESTER
66GF Score
Ester Industries Ltd NSE:ESTER
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ester Industries EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16245.782/406.3
=39.98

Ester Industries's current Enterprise Value is ₹16,246 Mil.
Ester Industries'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 ₹406 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 39.98 mean?
Ester Industries (NSE:ESTER) has a EV-to-EBIT of 39.98 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ester Industries and its competitors. This is 354% above median its historical median of 8.80. According to the industry distribution chart, Ester Industries ranks #985 out of 1250 companies in the Chemicals industry, placing it in the top 78.8%.
Is Ester Industries' EV-to-EBIT too high?
Ester Industries' current EV-to-EBIT of 39.98 is 354% above median its 10-year median of 8.80. The Chemicals industry median EV-to-EBIT is 17.81. Ester Industries' value of 39.98 is 124.5% above this industry median. Based on the distribution chart, Ester Industries ranks #985 out of 1250 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ester Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ester Industries' EV-to-EBIT compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ester Industries ranks #985 out of 1250 companies for EV-to-EBIT. This places Ester Industries in the lower half of its industry. The industry median EV-to-EBIT is 17.81. Ester Industries' value of 39.98 is 124.5% above this benchmark. While the company's 10-year median is 8.80 vs. the industry median of 17.81, Ester 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 a Chemicals company?
The median EV-to-EBIT among Chemicals companies is 17.81, based on 1,250 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. Ester Industries's current EV-to-EBIT of 39.98 is 124.5% 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 Ester Industries and its competitors. For the Chemicals industry, the median EV-to-EBIT is 17.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ester Industries's current EV-to-EBIT is 39.98, which is 354% above median its own 10-year median of 8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ester Industries stock overvalued right now?
Based on GuruFocus' analysis, Ester Industries (NSE:ESTER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹117.19, compared to a current price of ₹101.02 — trading 13.8% below its estimated fair value. The current EV-to-EBIT is 39.98, which is 354% above median its 10-year median of 8.80 and 124.5% above the Chemicals industry median of 17.81. Ester Industries' overall GF Score™ is 66/100 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 Ester Industries (NSE:ESTER), the current EV-to-EBIT is 39.98 as of Aug. 15, 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 Ester Industries (NSE:ESTER) Overvalued in 2026?

Based on GuruFocus' analysis, Ester Industries stock appears to be undervalued. The current stock price of ₹101.02 is trading 13.8% below its estimated GF Value™ of ₹117.19. GuruFocus considers Ester Industries to be Modestly Undervalued.

Key valuation signals for NSE:ESTER:

  • EV-to-EBIT: 39.98 (354% above median its 10-year median of 8.80)
  • GF Value™: ₹117.19 vs. price of ₹101.02 (13.8% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 124.5% above the Chemicals median (#985 of 1250)

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


Ester Industries Business Description

Other Exchanges 500136:India
Address Infocity-I, Sector 34, Plot No. 11, Block-A, Gurgaon, HR, IND, 122001
Ester Industries Ltd is engaged in the manufacturing of polyester films, and specialty polymers. The company operates through segments namely Polyester chips and film and Speciality Polymers. The company generates maximum revenue from the Polyester chips and film segment. The Polyester chips and film segment is used in flexible packaging and other industrial applications. It serves food packaging; beverage packaging, home and personal care, industrial packaging, construction, automotive, electrical and electronics, carpet, and other industries. Geographically, the company derives a majority of its revenue from India.
66GF Score

Get the complete analysis for NSE:ESTER

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

₹101.02
Price
₹117.19
GF Value