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Happy SteelsNSE:HAPPY -2.75%19 EV-to-EBIT is 16.66 as of Sep. 10, 2026, which is 19% above its 10-year median of 13.96. GuruFocus rates NSE:HAPPY with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,082 Vehicles & Parts companies, Happy Steels ranks worse than 61.28% on this metric.
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.
Happy Steels's Enterprise Value for the quarter that ended in Mar. 2026 was ₹0.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Steels's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹101.1 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.
Happy Steels EV-to-EBIT Related Terms
Happy Steels EV-to-EBIT Historical Data
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The historical data trend for Happy Steels'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.
Happy Steels EV-to-EBIT Chart
Happy Steels Annual Data
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Happy Steels Semi-Annual Data
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NSE:HAPPY vs ORLY, AZO, GPC: EV-to-EBIT Comparison
For the Auto Parts subindustry, Happy Steels'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.
Happy Steels EV-to-EBIT vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Happy Steels's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Happy Steels's EV-to-EBIT falls into.
Happy Steels's current Enterprise Value is ₹1,683.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Steels's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹101.1 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.
Happy Steels (NSE:HAPPY) has a EV-to-EBIT of 16.66 as of Sep. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Happy Steels and its competitors. This is 19% above median its historical median of 13.96. Over the past decade, Happy Steels' EV-to-EBIT has ranged from 13.14 to 17.65. According to the industry distribution chart, Happy Steels ranks #663 out of 1082 companies in the Vehicles & Parts industry, placing it in the top 61.3%.
Is Happy Steels' EV-to-EBIT too high?
Happy Steels' current EV-to-EBIT of 16.66 is 19% above median its 10-year median of 13.96. Over the past 10 years, this metric has ranged from a low of 13.14 to a high of 17.65. The Vehicles & Parts industry median EV-to-EBIT is 12.94. Happy Steels' value of 16.66 is 28.7% above this industry median. Based on the distribution chart, Happy Steels ranks #663 out of 1082 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Happy Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' EV-to-EBIT compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Happy Steels ranks #663 out of 1082 companies for EV-to-EBIT. This places Happy Steels in the lower half of its industry. The industry median EV-to-EBIT is 12.94. Happy Steels' value of 16.66 is 28.7% above this benchmark. Historically, Happy Steels' own EV-to-EBIT has ranged from 13.14 to 17.65 over the past decade. While the company's 10-year median is 13.96 vs. the industry median of 12.94, Happy Steels 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 12.94, based on 1,082 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. Happy Steels's current EV-to-EBIT of 16.66 is 28.7% 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 Happy Steels and its competitors. For the Vehicles & Parts industry, the median EV-to-EBIT is 12.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Steels's current EV-to-EBIT is 16.66, which is 19% above median its own 10-year median of 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Steels stock overvalued right now?
Happy Steels (NSE:HAPPY) has a current EV-to-EBIT of 16.66. The current EV-to-EBIT is 16.66, which is 19% above median its 10-year median of 13.96 and 28.7% above the Vehicles & Parts industry median of 12.94. Happy Steels' overall GF Score™ is 19/100 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 Happy Steels (NSE:HAPPY), the current EV-to-EBIT is 16.66 as of Sep. 10, 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.
Happy Steels Ltd is an integrated manufacturer of Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EVs, and defence applications. The company's product portfolio consists of axles, long spline shafts, spindles, and other related components. The majority of the company's revenue is derived from the sale of its products, mainly Axles, in the domestic markets.
19GF Score
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