Felix Industries (NSE:FELIX) EV-to-EBIT: 9.46 (As of Aug. 09, 2026) — 37% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:FELIX Felix Industries Ltd NSE:FELIX
82 GF Score
Price ₹181.30
GF Value ₹305.11
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Felix Industries EV-to-EBIT?

Felix Industries NSE:FELIX +1.51% 82 EV-to-EBIT is 9.46 as of Aug. 09, 2026, which is 37% below its 10-year median of 15.12. GuruFocus rates NSE:FELIX with a GF Score™ of 82/100 and a GF Value™ of ₹305.11 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 166 Waste Management companies, Felix Industries ranks better than 76.51% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Felix Industries's Enterprise Value is ₹2,825 Mil. Felix Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹299 Mil. Therefore, Felix Industries's EV-to-EBIT for today is 9.46.

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

NSE:FELIX' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.56   Med: 15.12   Max: 369.83
Current: 9.46

During the past 13 years, the highest EV-to-EBIT of Felix Industries was 369.83. The lowest was 8.56. And the median was 15.12.

NSE:FELIX's EV-to-EBIT is ranked better than
76.51% of 166 companies
in the Waste Management industry
Industry Median: 15.57 vs NSE:FELIX: 9.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Felix Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,711 Mil. Felix Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹299 Mil. Felix Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.01%.


Felix Industries  (NSE:FELIX) 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) %.

Felix 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 )
=298.551/2711.2095
=11.01 %

Felix Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,711 Mil.
Felix 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 ₹299 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.


Felix Industries EV-to-EBIT Related Terms


Felix Industries EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Felix 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.

Felix Industries EV-to-EBIT Chart

Felix 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 7.91 36.23 58.26 16.97 9.08

Felix Industries Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 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 16.97 13.76 10.73 13.42 9.08

NSE:FELIX vs WM, RSG, WCN: EV-to-EBIT Comparison

For the Waste Management subindustry, Felix 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.


Felix Industries EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Felix Industries's EV-to-EBIT distribution charts can be found below:

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


NSE:FELIX
82GF Score
Felix Industries Ltd NSE:FELIX
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Felix Industries EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2825.159/298.551
=9.46

Felix Industries's current Enterprise Value is ₹2,825 Mil.
Felix 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 ₹299 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 9.46 mean?
Felix Industries (NSE:FELIX) has a EV-to-EBIT of 9.46 as of Aug. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Felix Industries and its competitors. This is 37% below median its historical median of 15.12. Over the past decade, Felix Industries' EV-to-EBIT has ranged from 8.56 to 369.83. According to the industry distribution chart, Felix Industries ranks #39 out of 166 companies in the Waste Management industry, placing it in the top 23.5%.
Is Felix Industries' EV-to-EBIT too high?
Felix Industries' current EV-to-EBIT of 9.46 is 37% below median its 10-year median of 15.12. Over the past 10 years, this metric has ranged from a low of 8.56 to a high of 369.83. The Waste Management industry median EV-to-EBIT is 15.57. Felix Industries' value of 9.46 is 39.2% below this industry median. Based on the distribution chart, Felix Industries ranks #39 out of 166 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Felix Industries has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' EV-to-EBIT compare to WM and RSG?
According to the Waste Management industry distribution chart, Felix Industries ranks #39 out of 166 companies for EV-to-EBIT. This places Felix Industries in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 15.57. Felix Industries' value of 9.46 is 39.2% below this benchmark. Historically, Felix Industries' own EV-to-EBIT has ranged from 8.56 to 369.83 over the past decade. While the company's 10-year median is 15.12 vs. the industry median of 15.57, Felix Industries 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 Waste Management company?
The median EV-to-EBIT among Waste Management companies is 15.57, based on 166 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. Felix Industries's current EV-to-EBIT of 9.46 is 39.2% 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 Felix Industries and its competitors. For the Waste Management industry, the median EV-to-EBIT is 15.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felix Industries's current EV-to-EBIT is 9.46, which is 37% below median its own 10-year median of 15.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹305.11, compared to a current price of ₹181.30 — trading 40.6% below its estimated fair value. The current EV-to-EBIT is 9.46, which is 37% below median its 10-year median of 15.12 and 39.2% below the Waste Management industry median of 15.57. Felix Industries' overall GF Score™ is 82/100 with 5 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 Felix Industries (NSE:FELIX), the current EV-to-EBIT is 9.46 as of Aug. 09, 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 Felix Industries (NSE:FELIX) Overvalued in 2026?

Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued. The current stock price of ₹181.30 is trading 40.6% below its estimated GF Value™ of ₹305.11. GuruFocus considers Felix Industries to be Possible Value Trap.

Key valuation signals for NSE:FELIX:

  • EV-to-EBIT: 9.46 (37% below median its 10-year median of 15.12)
  • GF Value™: ₹305.11 vs. price of ₹181.30 (40.6% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 39.2% below the Waste Management median (#39 of 166)

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


Felix Industries Business Description

Address Piplaj Pirana Road, Plot No. 123, Devraj Industrial Park, Pirana, Ahmedabad, GJ, IND, 382405
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
82GF Score

Get the complete analysis for NSE:FELIX

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

₹181.30
Price
₹305.11
GF Value