HFCL (NSE:HFCL) EV-to-EBIT: 32.74 (As of Sep. 04, 2026) — 80% Above Median

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NSE:HFCL HFCL Ltd NSE:HFCL
56 GF Score
Price ₹220.42
GF Value ₹115.68
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is HFCL EV-to-EBIT?

HFCL NSE:HFCL -4.38% 56 EV-to-EBIT is 32.74 as of Sep. 04, 2026, which is 80% above its 10-year median of 18.14. GuruFocus rates NSE:HFCL with a GF Score™ of 56/100 and a GF Value™ of ₹115.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,780 Hardware companies, HFCL ranks worse than 68.09% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HFCL's Enterprise Value is ₹344,692 Mil. HFCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹10,528 Mil. Therefore, HFCL's EV-to-EBIT for today is 32.74.

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

NSE:HFCL' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.31   Med: 18.14   Max: 49.32
Current: 32.73

During the past 13 years, the highest EV-to-EBIT of HFCL was 49.32. The lowest was 2.31. And the median was 18.14.

NSE:HFCL's EV-to-EBIT is ranked worse than
68.09% of 1780 companies
in the Hardware industry
Industry Median: 18.365 vs NSE:HFCL: 32.73

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HFCL's Enterprise Value for the quarter that ended in Jun. 2026 was ₹325,717 Mil. HFCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹10,528 Mil. HFCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.23%.


HFCL  (NSE:HFCL) 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) %.

HFCL'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 )
=10527.9/325716.6924
=3.23 %

HFCL's Enterprise Value for the quarter that ended in Jun. 2026 was ₹325,717 Mil.
HFCL'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 ₹10,528 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.


HFCL EV-to-EBIT Related Terms


HFCL EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for HFCL'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.

HFCL EV-to-EBIT Chart

HFCL 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 22.01 18.11 26.68 31.84 16.62

HFCL 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 49.62 41.62 31.88 16.62 30.92

NSE:HFCL vs CSCO, MSI, LITE: EV-to-EBIT Comparison

For the Communication Equipment subindustry, HFCL'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.


HFCL EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, HFCL's EV-to-EBIT distribution charts can be found below:

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


NSE:HFCL
56GF Score
HFCL Ltd NSE:HFCL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HFCL EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=344691.611/10527.9
=32.74

HFCL's current Enterprise Value is ₹344,692 Mil.
HFCL'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 ₹10,528 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 32.74 mean?
HFCL (NSE:HFCL) has a EV-to-EBIT of 32.74 as of Sep. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on HFCL and its competitors. This is 80% above median its historical median of 18.14. Over the past decade, HFCL's EV-to-EBIT has ranged from 2.31 to 49.32. According to the industry distribution chart, HFCL ranks #1212 out of 1780 companies in the Hardware industry, placing it in the top 68.1%.
Is HFCL's EV-to-EBIT too high?
HFCL's current EV-to-EBIT of 32.74 is 80% above median its 10-year median of 18.14. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 49.32. The Hardware industry median EV-to-EBIT is 18.37. HFCL's value of 32.74 is 78.3% above this industry median. Based on the distribution chart, HFCL ranks #1212 out of 1780 companies in the Hardware industry, which is below the industry midpoint. Overall, HFCL has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HFCL's EV-to-EBIT compare to CSCO and MSI?
According to the Hardware industry distribution chart, HFCL ranks #1212 out of 1780 companies for EV-to-EBIT. This places HFCL in the lower half of its industry. The industry median EV-to-EBIT is 18.37. HFCL's value of 32.74 is 78.3% above this benchmark. Historically, HFCL's own EV-to-EBIT has ranged from 2.31 to 49.32 over the past decade. While the company's 10-year median is 18.14 vs. the industry median of 18.37, HFCL 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 Hardware company?
The median EV-to-EBIT among Hardware companies is 18.37, based on 1,780 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. HFCL's current EV-to-EBIT of 32.74 is 78.3% 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 HFCL and its competitors. For the Hardware industry, the median EV-to-EBIT is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HFCL's current EV-to-EBIT is 32.74, which is 80% above median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HFCL stock overvalued right now?
Based on GuruFocus' analysis, HFCL (NSE:HFCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹115.68, compared to a current price of ₹220.42 — trading 90.5% above its estimated fair value. The current EV-to-EBIT is 32.74, which is 80% above median its 10-year median of 18.14 and 78.3% above the Hardware industry median of 18.37. HFCL's overall GF Score™ is 56/100 with 7 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 HFCL (NSE:HFCL), the current EV-to-EBIT is 32.74 as of Sep. 04, 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 HFCL (NSE:HFCL) Overvalued in 2026?

Based on GuruFocus' analysis, HFCL stock appears to be overvalued. The current stock price of ₹220.42 is trading 90.5% above its estimated GF Value™ of ₹115.68. GuruFocus considers HFCL to be Significantly Overvalued.

Key valuation signals for NSE:HFCL:

  • EV-to-EBIT: 32.74 (80% above median its 10-year median of 18.14)
  • GF Value™: ₹115.68 vs. price of ₹220.42 (90.5% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 78.3% above the Hardware median (#1212 of 1780)

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


HFCL Business Description

Other Exchanges 500183:India
Address 8, Commercial Complex, Masjid Moth, Greater Kailash II, New Delhi, IND, 110 048
HFCL Ltd is an Indian manufacturer and exporter of optical fiber cables and broadband equipment for the telecommunication industry. Firm business segments include Telecom Products and Turnkey Contracts Services. The Telecom Product segment produces optical fiber cable, optical fiber, and telecom equipment. The Turnkey Contracts and services segment is engaged in delivering telecom infrastructure and communication network systems for Telecom Operators, Defence Services, Railways, Safe and Smart Cities, etc. The firm's products and solutions include Fiber optics, Telecommunication, Defence, and Passive Networking Components. It generates substantial revenue from the sale of turnkey projects and related activities.
56GF Score

Get the complete analysis for NSE:HFCL

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

₹220.42
Price
₹115.68
GF Value