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Hi-Tech PipesNSE:HITECH +4.47%83 EV-to-EBIT is 11.69 as of Aug. 24, 2026, which is 5% above its 10-year median of 11.17. GuruFocus rates NSE:HITECH with a GF Score™ of 83/100 and a GF Value™ of ₹141.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 489 Steel companies, Hi-Tech Pipes ranks better than 54.4% 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.
Hi-Tech Pipes's Enterprise Value for the quarter that ended in Jun. 2026 was ₹17,836 Mil.
Hi-Tech Pipes'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 ₹1,554 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.
Hi-Tech Pipes EV-to-EBIT Related Terms
Hi-Tech Pipes EV-to-EBIT Historical Data
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The historical data trend for Hi-Tech Pipes'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.
NSE:HITECH vs NUE, STLD, RS: EV-to-EBIT Comparison
For the Steel subindustry, Hi-Tech Pipes'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.
Hi-Tech Pipes EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, Hi-Tech Pipes's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Hi-Tech Pipes's EV-to-EBIT falls into.
Hi-Tech Pipes's current Enterprise Value is ₹18,168 Mil.
Hi-Tech Pipes'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 ₹1,554 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.
Hi-Tech Pipes (NSE:HITECH) has a EV-to-EBIT of 11.69 as of Aug. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hi-Tech Pipes and its competitors. This is near median its historical median of 11.17. Over the past decade, Hi-Tech Pipes' EV-to-EBIT has ranged from 1.38 to 30.90. According to the industry distribution chart, Hi-Tech Pipes ranks #223 out of 489 companies in the Steel industry, placing it in the top 45.6%.
Is Hi-Tech Pipes' EV-to-EBIT too high?
Hi-Tech Pipes' current EV-to-EBIT of 11.69 is near median its 10-year median of 11.17. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 30.90. The Steel industry median EV-to-EBIT is 12.35. Hi-Tech Pipes' value of 11.69 is 5.3% below this industry median. Based on the distribution chart, Hi-Tech Pipes ranks #223 out of 489 companies in the Steel industry, which is above the industry midpoint. Overall, Hi-Tech Pipes has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hi-Tech Pipes' EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Hi-Tech Pipes ranks #223 out of 489 companies for EV-to-EBIT. This puts Hi-Tech Pipes in the upper half of its industry. The industry median EV-to-EBIT is 12.35. Hi-Tech Pipes' value of 11.69 is 5.3% below this benchmark. Historically, Hi-Tech Pipes' own EV-to-EBIT has ranged from 1.38 to 30.90 over the past decade. While the company's 10-year median is 11.17 vs. the industry median of 12.35, Hi-Tech Pipes 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 Steel company?
The median EV-to-EBIT among Steel companies is 12.35, based on 489 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. Hi-Tech Pipes's current EV-to-EBIT of 11.69 is 5.3% 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 Hi-Tech Pipes and its competitors. For the Steel industry, the median EV-to-EBIT is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Tech Pipes's current EV-to-EBIT is 11.69, which is near median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Tech Pipes stock overvalued right now?
Based on GuruFocus' analysis, Hi-Tech Pipes (NSE:HITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹141.78, compared to a current price of ₹80.72 — trading 43.1% below its estimated fair value. The current EV-to-EBIT is 11.69, which is near median its 10-year median of 11.17 and 5.3% below the Steel industry median of 12.35. Hi-Tech Pipes' overall GF Score™ is 83/100 with 6 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 Hi-Tech Pipes (NSE:HITECH), the current EV-to-EBIT is 11.69 as of Aug. 24, 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 Hi-Tech Pipes (NSE:HITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Hi-Tech Pipes stock appears to be undervalued.
The current stock price of ₹80.72 is trading 43.1% below its estimated GF Value™ of ₹141.78.
GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.
Key valuation signals for NSE:HITECH:
EV-to-EBIT: 11.69 (near median its 10-year median of 11.17)
GF Value™: ₹141.78 vs. price of ₹80.72 (43.1% below fair value)
Industry Position: 5.3% below the Steel median (#223 of 489)
No single metric tells the full story. See the NSE:HITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Tech Pipes Ltd manufactures and markets a wide range of steel tubes used in industries like infrastructure, telecom, defense, power distribution, railways, airports, construction, real estate, and automotive. Its products include Black Steel Tubes, Rectangular and Hollow sections, Galvanised Steel Tubes, Metal Beam Highway Crash Barriers, Cold Rolling Coils, Cold Formed Sections, Black Hollow Section and Round Pipes, Galvanized Pipes, Pre-Galvanized Pipes, and Cold Rolled Coils. The Indian steel pipes and tubes industry includes segments such as seamless, ERW, LSAW, HSAW, galvanized iron, ductile iron, and black steel pipes, which serve various applications ranging from high-pressure oil and gas pipelines to water supply and general engineering purposes.
83GF Score
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