Force Motors (NSE:FORCEMOT) EV-to-EBIT: 14.19 (As of Aug. 11, 2026) — 42% Above 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:FORCEMOT Force Motors Ltd NSE:FORCEMOT
80 GF Score
Price ₹18,300.00
GF Value ₹11,866.74
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Force Motors EV-to-EBIT?

Force Motors NSE:FORCEMOT -1.08% 80 EV-to-EBIT is 14.19 as of Aug. 11, 2026, which is 42% above its 10-year median of 10.01. GuruFocus rates NSE:FORCEMOT with a GF Score™ of 80/100 and a GF Value™ of ₹11,866.74 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,079 Vehicles & Parts companies, Force Motors ranks worse than 53.1% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Force Motors's Enterprise Value is ₹217,801 Mil. Force Motors's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹15,345 Mil. Therefore, Force Motors's EV-to-EBIT for today is 14.19.

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

NSE:FORCEMOT' s EV-to-EBIT Range Over the Past 10 Years
Min: -183.33   Med: 10.01   Max: 60.37
Current: 14.19

During the past 13 years, the highest EV-to-EBIT of Force Motors was 60.37. The lowest was -183.33. And the median was 10.01.

NSE:FORCEMOT's EV-to-EBIT is ranked worse than
53.1% of 1079 companies
in the Vehicles & Parts industry
Industry Median: 13.48 vs NSE:FORCEMOT: 14.19

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Force Motors's Enterprise Value for the quarter that ended in Jun. 2026 was ₹244,810 Mil. Force Motors's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹15,345 Mil. Force Motors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.27%.


Force Motors  (NSE:FORCEMOT) 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) %.

Force Motors'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 )
=15344.6/244810.08
=6.27 %

Force Motors's Enterprise Value for the quarter that ended in Jun. 2026 was ₹244,810 Mil.
Force Motors'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 ₹15,345 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.


Force Motors EV-to-EBIT Related Terms


Force Motors EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Force Motors'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.

Force Motors EV-to-EBIT Chart

Force Motors 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 -26.37 6.17 14.14 8.59 15.36

Force Motors 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 15.66 14.41 14.94 15.36 15.95

NSE:FORCEMOT vs TSLA, GM, F: EV-to-EBIT Comparison

For the Auto Manufacturers subindustry, Force Motors'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.


Force Motors EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Force Motors's EV-to-EBIT distribution charts can be found below:

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


NSE:FORCEMOT
80GF Score
Force Motors Ltd NSE:FORCEMOT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Force Motors EV-to-EBIT Calculation

Force Motors's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=217800.533/15344.6
=14.19

Force Motors's current Enterprise Value is ₹217,801 Mil.
Force Motors'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 ₹15,345 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 14.19 mean?
Force Motors (NSE:FORCEMOT) has a EV-to-EBIT of 14.19 as of Aug. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Force Motors and its competitors. This is 42% above median its historical median of 10.01. According to the industry distribution chart, Force Motors ranks #573 out of 1079 companies in the Vehicles & Parts industry, placing it in the top 53.1%.
Is Force Motors' EV-to-EBIT too high?
Force Motors' current EV-to-EBIT of 14.19 is 42% above median its 10-year median of 10.01. The Vehicles & Parts industry median EV-to-EBIT is 13.48. Force Motors' value of 14.19 is 5.3% above this industry median. Based on the distribution chart, Force Motors ranks #573 out of 1079 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Force Motors has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Force Motors' EV-to-EBIT compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Force Motors ranks #573 out of 1079 companies for EV-to-EBIT. This places Force Motors in the lower half of its industry. The industry median EV-to-EBIT is 13.48. Force Motors' value of 14.19 is 5.3% above this benchmark. While the company's 10-year median is 10.01 vs. the industry median of 13.48, Force Motors 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 Vehicles & Parts company?
The median EV-to-EBIT among Vehicles & Parts companies is 13.48, based on 1,079 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. Force Motors's current EV-to-EBIT of 14.19 is 5.3% 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 Force Motors and its competitors. For the Vehicles & Parts industry, the median EV-to-EBIT is 13.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Force Motors's current EV-to-EBIT is 14.19, which is 42% above median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Force Motors stock overvalued right now?
Based on GuruFocus' analysis, Force Motors (NSE:FORCEMOT) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11,866.74, compared to a current price of ₹18,300.00 — trading 54.2% above its estimated fair value. The current EV-to-EBIT is 14.19, which is 42% above median its 10-year median of 10.01 and 5.3% above the Vehicles & Parts industry median of 13.48. Force Motors' overall GF Score™ is 80/100 with 1 warning sign 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 Force Motors (NSE:FORCEMOT), the current EV-to-EBIT is 14.19 as of Aug. 11, 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 Force Motors (NSE:FORCEMOT) Overvalued in 2026?

Based on GuruFocus' analysis, Force Motors stock appears to be overvalued. The current stock price of ₹18,300.00 is trading 54.2% above its estimated GF Value™ of ₹11,866.74. GuruFocus considers Force Motors to be Significantly Overvalued.

Key valuation signals for NSE:FORCEMOT:

  • EV-to-EBIT: 14.19 (42% above median its 10-year median of 10.01)
  • GF Value™: ₹11,866.74 vs. price of ₹18,300.00 (54.2% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 5.3% above the Vehicles & Parts median (#573 of 1079)

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


Force Motors Business Description

Other Exchanges 500033:India
Address Mumbai-Pune Road, Akurdi, Pune, MH, IND, 411 035
Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.
80GF Score

Get the complete analysis for NSE:FORCEMOT

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

₹18,300.00
Price
₹11,866.74
GF Value