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.
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.
Harsha Engineers International (NSE:HARSHA) 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.
Harsha Engineers International's Enterprise Value for the quarter that ended in Jun. 2026 was ₹38,211 Mil.
Harsha Engineers International'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 ₹2,347 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.
Harsha Engineers International EV-to-EBIT Related Terms
Harsha Engineers International EV-to-EBIT Historical Data
* 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.
NSE:HARSHA vs SNA, RBC, SWK: EV-to-EBIT Comparison
For the Tools & Accessories subindustry, Harsha Engineers International'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.
Harsha Engineers International EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harsha Engineers International's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Harsha Engineers International's EV-to-EBIT falls into.
Harsha Engineers International's current Enterprise Value is ₹40,548 Mil.
Harsha Engineers International'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 ₹2,347 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.
Harsha Engineers International (NSE:HARSHA) has a EV-to-EBIT of 17.28 as of Aug. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Harsha Engineers International and its competitors. This is 22% below median its historical median of 22.20. Over the past decade, Harsha Engineers International's EV-to-EBIT has ranged from 13.45 to 31.98. According to the industry distribution chart, Harsha Engineers International ranks #1093 out of 2376 companies in the Industrial Products industry, placing it in the top 46%.
Is Harsha Engineers International's EV-to-EBIT too high?
Harsha Engineers International's current EV-to-EBIT of 17.28 is 22% below median its 10-year median of 22.20. Over the past 10 years, this metric has ranged from a low of 13.45 to a high of 31.98. The Industrial Products industry median EV-to-EBIT is 19.04. Harsha Engineers International's value of 17.28 is 9.2% below this industry median. Based on the distribution chart, Harsha Engineers International ranks #1093 out of 2376 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's EV-to-EBIT compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #1093 out of 2376 companies for EV-to-EBIT. This puts Harsha Engineers International in the upper half of its industry. The industry median EV-to-EBIT is 19.04. Harsha Engineers International's value of 17.28 is 9.2% below this benchmark. Historically, Harsha Engineers International's own EV-to-EBIT has ranged from 13.45 to 31.98 over the past decade. While the company's 10-year median is 22.20 vs. the industry median of 19.04, Harsha Engineers International 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 an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.04, based on 2,376 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. Harsha Engineers International's current EV-to-EBIT of 17.28 is 9.2% 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 Harsha Engineers International and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current EV-to-EBIT is 17.28, which is 22% below median its own 10-year median of 22.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹511.50, compared to a current price of ₹437.60 — trading 14.4% below its estimated fair value. The current EV-to-EBIT is 17.28, which is 22% below median its 10-year median of 22.20 and 9.2% below the Industrial Products industry median of 19.04. Harsha Engineers International's overall GF Score™ is 85/100 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 Harsha Engineers International (NSE:HARSHA), the current EV-to-EBIT is 17.28 as of Aug. 22, 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?
Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued.
The current stock price of ₹437.60 is trading 14.4% below its estimated GF Value™ of ₹511.50.
GuruFocus considers Harsha Engineers International to be Modestly Undervalued.
Key valuation signals for NSE:HARSHA:
EV-to-EBIT: 17.28 (22% below median its 10-year median of 22.20)
GF Value™: ₹511.50 vs. price of ₹437.60 (14.4% below fair value)
Industry Position: 9.2% below the Industrial Products median (#1093 of 2376)
No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
85GF Score
Get the complete analysis for NSE:HARSHA
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HARSHA has been successfully added to your 
