Finolex Cables (NSE:FINCABLES) EV-to-EBIT: 23.74 (As of Sep. 21, 2026) — 70% Above Median

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NSE:FINCABLES Finolex Cables Ltd NSE:FINCABLES
93 GF Score
Price ₹1,411.20
GF Value ₹1,325.41
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Finolex Cables EV-to-EBIT?

Finolex Cables NSE:FINCABLES +1.10% 93 EV-to-EBIT is 23.74 as of Sep. 21, 2026, which is 70% above its 10-year median of 13.97. GuruFocus rates NSE:FINCABLES with a GF Score™ of 93/100 and a GF Value™ of ₹1,325.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,369 Industrial Products companies, Finolex Cables ranks better than 50.49% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Finolex Cables's Enterprise Value is ₹195,384 Mil. Finolex Cables's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹8,231 Mil. Therefore, Finolex Cables's EV-to-EBIT for today is 23.74.

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

NSE:FINCABLES' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.53   Med: 13.97   Max: 27.66
Current: 18.75

During the past 13 years, the highest EV-to-EBIT of Finolex Cables was 27.66. The lowest was 3.53. And the median was 13.97.

NSE:FINCABLES's EV-to-EBIT is ranked better than
50.49% of 2369 companies
in the Industrial Products industry
Industry Median: 19.02 vs NSE:FINCABLES: 18.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Finolex Cables's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil. Finolex Cables's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹8,231 Mil. Finolex Cables's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Finolex Cables  (NSE:FINCABLES) 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) %.

Finolex Cables'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 )
=8230.5/
= %

Finolex Cables's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil.
Finolex Cables'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 ₹8,231 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.


Finolex Cables EV-to-EBIT Related Terms


Finolex Cables EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Finolex Cables'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.

Finolex Cables EV-to-EBIT Chart

Finolex Cables 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 8.68 17.69 17.57 16.23 13.53

Finolex Cables 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 - 13.46 - 13.53 -

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

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.


Finolex Cables EV-to-EBIT vs Industrial Products Industry

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

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


NSE:FINCABLES
93GF Score
Finolex Cables Ltd NSE:FINCABLES
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finolex Cables EV-to-EBIT Calculation

Finolex Cables's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=195383.504/8230.5
=23.74

Finolex Cables's current Enterprise Value is ₹195,384 Mil.
Finolex Cables'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 ₹8,231 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 23.74 mean?
Finolex Cables (NSE:FINCABLES) has a EV-to-EBIT of 23.74 as of Sep. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Finolex Cables and its competitors. This is 70% above median its historical median of 13.97. Over the past decade, Finolex Cables' EV-to-EBIT has ranged from 3.53 to 27.66. According to the industry distribution chart, Finolex Cables ranks #1173 out of 2369 companies in the Industrial Products industry, placing it in the top 49.5%.
Is Finolex Cables' EV-to-EBIT too high?
Finolex Cables' current EV-to-EBIT of 23.74 is 70% above median its 10-year median of 13.97. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 27.66. The Industrial Products industry median EV-to-EBIT is 19.02. Finolex Cables' value of 23.74 is 24.8% above this industry median. Based on the distribution chart, Finolex Cables ranks #1173 out of 2369 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Finolex Cables has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' EV-to-EBIT compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finolex Cables ranks #1173 out of 2369 companies for EV-to-EBIT. This puts Finolex Cables in the upper half of its industry. The industry median EV-to-EBIT is 19.02. Finolex Cables' value of 23.74 is 24.8% above this benchmark. Historically, Finolex Cables' own EV-to-EBIT has ranged from 3.53 to 27.66 over the past decade. While the company's 10-year median is 13.97 vs. the industry median of 19.02, Finolex Cables 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 19.02, based on 2,369 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. Finolex Cables's current EV-to-EBIT of 23.74 is 24.8% 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 Finolex Cables and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Cables's current EV-to-EBIT is 23.74, which is 70% above median its own 10-year median of 13.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,325.41, compared to a current price of ₹1,411.20 — trading 6.5% above its estimated fair value. The current EV-to-EBIT is 23.74, which is 70% above median its 10-year median of 13.97 and 24.8% above the Industrial Products industry median of 19.02. Finolex Cables' overall GF Score™ is 93/100 with 7 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 Finolex Cables (NSE:FINCABLES), the current EV-to-EBIT is 23.74 as of Sep. 21, 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 Finolex Cables (NSE:FINCABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Cables stock appears to be overvalued. The current stock price of ₹1,411.20 is trading 6.5% above its estimated GF Value™ of ₹1,325.41. GuruFocus considers Finolex Cables to be Fairly Valued.

Key valuation signals for NSE:FINCABLES:

  • EV-to-EBIT: 23.74 (70% above median its 10-year median of 13.97)
  • GF Value™: ₹1,325.41 vs. price of ₹1,411.20 (6.5% above fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 24.8% above the Industrial Products median (#1173 of 2369)

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


Finolex Cables Business Description

Other Exchanges 500144:India
Address 26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
93GF Score

Get the complete analysis for NSE:FINCABLES

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

₹1,411.20
Price
₹1,325.41
GF Value