IFGL Refractories (NSE:IFGLEXPOR) EV-to-EBIT: 24.05 (As of Aug. 24, 2026) — 104% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:IFGLEXPOR IFGL Refractories Ltd NSE:IFGLEXPOR
80 GF Score
Price ₹211.77
GF Value ₹309.10
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is IFGL Refractories EV-to-EBIT?

IFGL Refractories NSE:IFGLEXPOR -1.92% 80 EV-to-EBIT is 24.05 as of Aug. 24, 2026, which is 104% above its 10-year median of 11.78. GuruFocus rates NSE:IFGLEXPOR with a GF Score™ of 80/100 and a GF Value™ of ₹309.10 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 322 Building Materials companies, IFGL Refractories ranks worse than 77.33% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, IFGL Refractories's Enterprise Value is ₹16,169 Mil. IFGL Refractories's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹672 Mil. Therefore, IFGL Refractories's EV-to-EBIT for today is 24.05.

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

NSE:IFGLEXPOR' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.84   Med: 11.78   Max: 36.93
Current: 24.05

During the past 13 years, the highest EV-to-EBIT of IFGL Refractories was 36.93. The lowest was 4.84. And the median was 11.78.

NSE:IFGLEXPOR's EV-to-EBIT is ranked worse than
77.33% of 322 companies
in the Building Materials industry
Industry Median: 13.495 vs NSE:IFGLEXPOR: 24.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. IFGL Refractories's Enterprise Value for the quarter that ended in Jun. 2026 was ₹13,002 Mil. IFGL Refractories's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹672 Mil. IFGL Refractories's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.17%.


IFGL Refractories  (NSE:IFGLEXPOR) 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) %.

IFGL Refractories'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 )
=672.4/13002.33081
=5.17 %

IFGL Refractories's Enterprise Value for the quarter that ended in Jun. 2026 was ₹13,002 Mil.
IFGL Refractories'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 ₹672 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.


IFGL Refractories EV-to-EBIT Related Terms


IFGL Refractories EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for IFGL Refractories'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.

IFGL Refractories EV-to-EBIT Chart

IFGL Refractories 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 7.31 6.75 17.76 18.04 16.09

IFGL Refractories 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 32.82 37.86 26.24 16.09 19.27

NSE:IFGLEXPOR vs CRH, VMC, MLM: EV-to-EBIT Comparison

For the Building Materials subindustry, IFGL Refractories'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.


IFGL Refractories EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IFGL Refractories's EV-to-EBIT distribution charts can be found below:

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


NSE:IFGLEXPOR
80GF Score
IFGL Refractories Ltd NSE:IFGLEXPOR
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IFGL Refractories EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16169.342/672.4
=24.05

IFGL Refractories's current Enterprise Value is ₹16,169 Mil.
IFGL Refractories'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 ₹672 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 24.05 mean?
IFGL Refractories (NSE:IFGLEXPOR) has a EV-to-EBIT of 24.05 as of Aug. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on IFGL Refractories and its competitors. This is 104% above median its historical median of 11.78. Over the past decade, IFGL Refractories' EV-to-EBIT has ranged from 4.84 to 36.93. According to the industry distribution chart, IFGL Refractories ranks #249 out of 322 companies in the Building Materials industry, placing it in the top 77.3%.
Is IFGL Refractories' EV-to-EBIT too high?
IFGL Refractories' current EV-to-EBIT of 24.05 is 104% above median its 10-year median of 11.78. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 36.93. The Building Materials industry median EV-to-EBIT is 13.50. IFGL Refractories' value of 24.05 is 78.2% above this industry median. Based on the distribution chart, IFGL Refractories ranks #249 out of 322 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, IFGL Refractories has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFGL Refractories' EV-to-EBIT compare to CRH and VMC?
According to the Building Materials industry distribution chart, IFGL Refractories ranks #249 out of 322 companies for EV-to-EBIT. This places IFGL Refractories in the lower half of its industry. The industry median EV-to-EBIT is 13.50. IFGL Refractories' value of 24.05 is 78.2% above this benchmark. Historically, IFGL Refractories' own EV-to-EBIT has ranged from 4.84 to 36.93 over the past decade. While the company's 10-year median is 11.78 vs. the industry median of 13.50, IFGL Refractories 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 Building Materials company?
The median EV-to-EBIT among Building Materials companies is 13.50, based on 322 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. IFGL Refractories's current EV-to-EBIT of 24.05 is 78.2% 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 IFGL Refractories and its competitors. For the Building Materials industry, the median EV-to-EBIT is 13.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFGL Refractories's current EV-to-EBIT is 24.05, which is 104% above median its own 10-year median of 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFGL Refractories stock overvalued right now?
Based on GuruFocus' analysis, IFGL Refractories (NSE:IFGLEXPOR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹309.10, compared to a current price of ₹211.77 — trading 31.5% below its estimated fair value. The current EV-to-EBIT is 24.05, which is 104% above median its 10-year median of 11.78 and 78.2% above the Building Materials industry median of 13.50. IFGL Refractories' overall GF Score™ is 80/100 with 3 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 IFGL Refractories (NSE:IFGLEXPOR), the current EV-to-EBIT is 24.05 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 IFGL Refractories (NSE:IFGLEXPOR) Overvalued in 2026?

Based on GuruFocus' analysis, IFGL Refractories stock appears to be undervalued. The current stock price of ₹211.77 is trading 31.5% below its estimated GF Value™ of ₹309.10. GuruFocus considers IFGL Refractories to be Significantly Undervalued.

Key valuation signals for NSE:IFGLEXPOR:

  • EV-to-EBIT: 24.05 (104% above median its 10-year median of 11.78)
  • GF Value™: ₹309.10 vs. price of ₹211.77 (31.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 78.2% above the Building Materials median (#249 of 322)

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


IFGL Refractories Business Description

Other Exchanges 540774:India
Address 3, Netaji Subhas Road, McLeod House, Kolkata, WB, IND, 700 001
IFGL Refractories Ltd is engaged in the manufacturing, trading, and selling of Refractory items and related equipment and accessories used in Steel plants. The Group also provides services to Refractory Goods. The Group operates in one Operating Segment, Specialised Refractories and Ceramics. The Group's production facilities have been segmented into India, Europe (United Kingdom, Germany, and the Czech Republic), Asia excluding India (China), and America (USA). It generates maximum revenue from India. The group provides Solutions for Ferrous and non-ferrous.
80GF Score

Get the complete analysis for NSE:IFGLEXPOR

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

₹211.77
Price
₹309.10
GF Value