Happiest Minds Technologies (NSE:HAPPSTMNDS) EV-to-EBIT: 18.36 (As of Aug. 17, 2026) — 48% Below Median

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NSE:HAPPSTMNDS Happiest Minds Technologies Ltd NSE:HAPPSTMNDS
73 GF Score
Price ₹420.20
GF Value ₹876.69
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Happiest Minds Technologies EV-to-EBIT?

Happiest Minds Technologies NSE:HAPPSTMNDS +6.43% 73 EV-to-EBIT is 18.36 as of Aug. 17, 2026, which is 48% below its 10-year median of 35.40. GuruFocus rates NSE:HAPPSTMNDS with a GF Score™ of 73/100 and a GF Value™ of ₹876.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,777 Software companies, Happiest Minds Technologies ranks worse than 60.44% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Happiest Minds Technologies's Enterprise Value is ₹73,185 Mil. Happiest Minds Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,985 Mil. Therefore, Happiest Minds Technologies's EV-to-EBIT for today is 18.36.

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

NSE:HAPPSTMNDS' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.32   Med: 35.4   Max: 108.35
Current: 18.36

During the past 9 years, the highest EV-to-EBIT of Happiest Minds Technologies was 108.35. The lowest was 8.32. And the median was 35.40.

NSE:HAPPSTMNDS's EV-to-EBIT is ranked worse than
60.44% of 1777 companies
in the Software industry
Industry Median: 14.19 vs NSE:HAPPSTMNDS: 18.36

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Happiest Minds Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was ₹31,620 Mil. Happiest Minds Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,985 Mil. Happiest Minds Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.60%.


Happiest Minds Technologies  (NSE:HAPPSTMNDS) 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) %.

Happiest Minds Technologies'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 )
=3985.4/31619.93265
=12.60 %

Happiest Minds Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was ₹31,620 Mil.
Happiest Minds Technologies'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 ₹3,985 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.


Happiest Minds Technologies EV-to-EBIT Related Terms


Happiest Minds Technologies EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Happiest Minds Technologies'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.

Happiest Minds Technologies EV-to-EBIT Chart

Happiest Minds Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 57.74 33.15 27.59 26.81 16.85

Happiest Minds Technologies 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 26.72 20.64 14.89 16.85 7.93

NSE:HAPPSTMNDS vs IBM, ACN, FISV: EV-to-EBIT Comparison

For the Information Technology Services subindustry, Happiest Minds Technologies'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.


Happiest Minds Technologies EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Happiest Minds Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Happiest Minds Technologies's EV-to-EBIT falls into.


NSE:HAPPSTMNDS
73GF Score
Happiest Minds Technologies Ltd NSE:HAPPSTMNDS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happiest Minds Technologies EV-to-EBIT Calculation

Happiest Minds Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=73184.839/3985.4
=18.36

Happiest Minds Technologies's current Enterprise Value is ₹73,185 Mil.
Happiest Minds Technologies'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 ₹3,985 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 18.36 mean?
Happiest Minds Technologies (NSE:HAPPSTMNDS) has a EV-to-EBIT of 18.36 as of Aug. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Happiest Minds Technologies and its competitors. This is 48% below median its historical median of 35.40. Over the past decade, Happiest Minds Technologies' EV-to-EBIT has ranged from 8.32 to 108.35. According to the industry distribution chart, Happiest Minds Technologies ranks #1074 out of 1777 companies in the Software industry, placing it in the top 60.4%.
Is Happiest Minds Technologies' EV-to-EBIT too high?
Happiest Minds Technologies' current EV-to-EBIT of 18.36 is 48% below median its 10-year median of 35.40. Over the past 10 years, this metric has ranged from a low of 8.32 to a high of 108.35. The Software industry median EV-to-EBIT is 14.19. Happiest Minds Technologies' value of 18.36 is 29.4% above this industry median. Based on the distribution chart, Happiest Minds Technologies ranks #1074 out of 1777 companies in the Software industry, which is below the industry midpoint. Overall, Happiest Minds Technologies has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happiest Minds Technologies' EV-to-EBIT compare to IBM and ACN?
According to the Software industry distribution chart, Happiest Minds Technologies ranks #1074 out of 1777 companies for EV-to-EBIT. This places Happiest Minds Technologies in the lower half of its industry. The industry median EV-to-EBIT is 14.19. Happiest Minds Technologies' value of 18.36 is 29.4% above this benchmark. Historically, Happiest Minds Technologies' own EV-to-EBIT has ranged from 8.32 to 108.35 over the past decade. While the company's 10-year median is 35.40 vs. the industry median of 14.19, Happiest Minds Technologies 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 Software company?
The median EV-to-EBIT among Software companies is 14.19, based on 1,777 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. Happiest Minds Technologies's current EV-to-EBIT of 18.36 is 29.4% 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 Happiest Minds Technologies and its competitors. For the Software industry, the median EV-to-EBIT is 14.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happiest Minds Technologies's current EV-to-EBIT is 18.36, which is 48% below median its own 10-year median of 35.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happiest Minds Technologies stock overvalued right now?
Based on GuruFocus' analysis, Happiest Minds Technologies (NSE:HAPPSTMNDS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹876.69, compared to a current price of ₹420.20 — trading 52.1% below its estimated fair value. The current EV-to-EBIT is 18.36, which is 48% below median its 10-year median of 35.40 and 29.4% above the Software industry median of 14.19. Happiest Minds Technologies' overall GF Score™ is 73/100 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 Happiest Minds Technologies (NSE:HAPPSTMNDS), the current EV-to-EBIT is 18.36 as of Aug. 17, 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 Happiest Minds Technologies (NSE:HAPPSTMNDS) Overvalued in 2026?

Based on GuruFocus' analysis, Happiest Minds Technologies stock appears to be undervalued. The current stock price of ₹420.20 is trading 52.1% below its estimated GF Value™ of ₹876.69. GuruFocus considers Happiest Minds Technologies to be Significantly Undervalued.

Key valuation signals for NSE:HAPPSTMNDS:

  • EV-to-EBIT: 18.36 (48% below median its 10-year median of 35.40)
  • GF Value™: ₹876.69 vs. price of ₹420.20 (52.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 29.4% above the Software median (#1074 of 1777)

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


Happiest Minds Technologies Business Description

Other Exchanges 543227:India
Address No 53/1-4, Hosur Main Road, Madivala (Next To Madivala Police Station), Bengaluru, KA, IND, 560068
Happiest Minds Technologies Ltd is an information technology (IT) company intended to deliver seamless customer experiences, business efficiency, and actionable insights to users. The company leverages a spectrum of disruptive technologies like artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, and more, enabling users in industry sectors like automotive, banking, financial services and insurance (BFSI), consumer packaged goods, e-commerce, edutech, engineering research and development (R&D), hi-tech, manufacturing, retail, and travel/transportation/hospitality to undergo digital transformation. Geographically, the company generates its key revenue from the United States of America.
73GF Score

Get the complete analysis for NSE:HAPPSTMNDS

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

₹420.20
Price
₹876.69
GF Value