HEC Infra Projects (NSE:HECPROJECT) EV-to-EBIT: 7.82 (As of Aug. 15, 2026) — 22% Below Median

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NSE:HECPROJECT HEC Infra Projects Ltd NSE:HECPROJECT
88 GF Score
Price ₹130.05
GF Value ₹208.56
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is HEC Infra Projects EV-to-EBIT?

HEC Infra Projects NSE:HECPROJECT -5.70% 88 EV-to-EBIT is 7.82 as of Aug. 15, 2026, which is 22% below its 10-year median of 10.07. GuruFocus rates NSE:HECPROJECT with a GF Score™ of 88/100 and a GF Value™ of ₹208.56 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,424 Construction companies, HEC Infra Projects ranks better than 65.24% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HEC Infra Projects's Enterprise Value is ₹1,683 Mil. HEC Infra Projects's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹215 Mil. Therefore, HEC Infra Projects's EV-to-EBIT for today is 7.82.

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

NSE:HECPROJECT' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.68   Med: 10.07   Max: 128.7
Current: 7.82

During the past 12 years, the highest EV-to-EBIT of HEC Infra Projects was 128.70. The lowest was 3.68. And the median was 10.07.

NSE:HECPROJECT's EV-to-EBIT is ranked better than
65.24% of 1424 companies
in the Construction industry
Industry Median: 10.95 vs NSE:HECPROJECT: 7.82

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HEC Infra Projects's Enterprise Value for the quarter that ended in Mar. 2026 was ₹1,312 Mil. HEC Infra Projects's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹215 Mil. HEC Infra Projects's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.40%.


HEC Infra Projects  (NSE:HECPROJECT) 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) %.

HEC Infra Projects's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=215.251/1312.44092
=16.40 %

HEC Infra Projects's Enterprise Value for the quarter that ended in Mar. 2026 was ₹1,312 Mil.
HEC Infra Projects's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹215 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.


HEC Infra Projects EV-to-EBIT Related Terms


HEC Infra Projects EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for HEC Infra Projects'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.

HEC Infra Projects EV-to-EBIT Chart

HEC Infra Projects 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 44.61 29.79 12.10 8.94 6.09

HEC Infra Projects Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.94 11.78 10.98 6.46 6.09

NSE:HECPROJECT vs PWR, FIX, EME: EV-to-EBIT Comparison

For the Engineering & Construction subindustry, HEC Infra Projects'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.


HEC Infra Projects EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, HEC Infra Projects's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HEC Infra Projects's EV-to-EBIT falls into.


NSE:HECPROJECT
88GF Score
HEC Infra Projects Ltd NSE:HECPROJECT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HEC Infra Projects EV-to-EBIT Calculation

HEC Infra Projects's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1683.180/215.251
=7.82

HEC Infra Projects's current Enterprise Value is ₹1,683 Mil.
HEC Infra Projects's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹215 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 7.82 mean?
HEC Infra Projects (NSE:HECPROJECT) has a EV-to-EBIT of 7.82 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on HEC Infra Projects and its competitors. This is 22% below median its historical median of 10.07. Over the past decade, HEC Infra Projects' EV-to-EBIT has ranged from 3.68 to 128.70. According to the industry distribution chart, HEC Infra Projects ranks #495 out of 1424 companies in the Construction industry, placing it in the top 34.8%.
Is HEC Infra Projects' EV-to-EBIT too high?
HEC Infra Projects' current EV-to-EBIT of 7.82 is 22% below median its 10-year median of 10.07. Over the past 10 years, this metric has ranged from a low of 3.68 to a high of 128.70. The Construction industry median EV-to-EBIT is 10.95. HEC Infra Projects' value of 7.82 is 28.6% below this industry median. Based on the distribution chart, HEC Infra Projects ranks #495 out of 1424 companies in the Construction industry, which is above the industry midpoint. Overall, HEC Infra Projects has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HEC Infra Projects' EV-to-EBIT compare to PWR and FIX?
According to the Construction industry distribution chart, HEC Infra Projects ranks #495 out of 1424 companies for EV-to-EBIT. This puts HEC Infra Projects in the upper half of its industry. The industry median EV-to-EBIT is 10.95. HEC Infra Projects' value of 7.82 is 28.6% below this benchmark. Historically, HEC Infra Projects' own EV-to-EBIT has ranged from 3.68 to 128.70 over the past decade. While the company's 10-year median is 10.07 vs. the industry median of 10.95, HEC Infra Projects 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 a Construction company?
The median EV-to-EBIT among Construction companies is 10.95, based on 1,424 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. HEC Infra Projects's current EV-to-EBIT of 7.82 is 28.6% 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 HEC Infra Projects and its competitors. For the Construction industry, the median EV-to-EBIT is 10.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEC Infra Projects's current EV-to-EBIT is 7.82, which is 22% below median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEC Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, HEC Infra Projects (NSE:HECPROJECT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹208.56, compared to a current price of ₹130.05 — trading 37.6% below its estimated fair value. The current EV-to-EBIT is 7.82, which is 22% below median its 10-year median of 10.07 and 28.6% below the Construction industry median of 10.95. HEC Infra Projects' overall GF Score™ is 88/100 with 2 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 HEC Infra Projects (NSE:HECPROJECT), the current EV-to-EBIT is 7.82 as of Aug. 15, 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 HEC Infra Projects (NSE:HECPROJECT) Overvalued in 2026?

Based on GuruFocus' analysis, HEC Infra Projects stock appears to be undervalued. The current stock price of ₹130.05 is trading 37.6% below its estimated GF Value™ of ₹208.56. GuruFocus considers HEC Infra Projects to be Significantly Undervalued.

Key valuation signals for NSE:HECPROJECT:

  • EV-to-EBIT: 7.82 (22% below median its 10-year median of 10.07)
  • GF Value™: ₹208.56 vs. price of ₹130.05 (37.6% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 28.6% below the Construction median (#495 of 1424)

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


HEC Infra Projects Business Description

Address Sindhu Bhavan Road, Sigma 1 Corporate, Corporate House No. 6, Near Mahan Party Plot Cross Road, Bodakdev, Ahmedabad, GJ, IND, 380054
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.
88GF Score

Get the complete analysis for NSE:HECPROJECT

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

₹130.05
Price
₹208.56
GF Value