National Highways Infra Trust (NSE:IVNHIT) EV-to-EBIT: 28.13 (As of Sep. 02, 2026) — Near Median

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NSE:IVNHIT National Highways Infra Trust NSE:IVNHIT
44 GF Score
Price ₹171.00
GF Value ₹235.16
Valuation Modestly Undervalued
! 8 Warning Signs
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What is National Highways Infra Trust EV-to-EBIT?

National Highways Infra Trust NSE:IVNHIT 44 EV-to-EBIT is 28.13 as of Sep. 02, 2026, which is 7% below its 10-year median of 30.23. GuruFocus rates NSE:IVNHIT with a GF Score™ of 44/100 and a GF Value™ of ₹235.16 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 648 REITs companies, National Highways Infra Trust ranks worse than 73.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Highways Infra Trust's Enterprise Value is ₹607,503 Mil. National Highways Infra Trust's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹21,596 Mil. Therefore, National Highways Infra Trust's EV-to-EBIT for today is 28.13.

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

NSE:IVNHIT' s EV-to-EBIT Range Over the Past 10 Years
Min: 20.92   Med: 30.23   Max: 81.82
Current: 28.13

During the past 6 years, the highest EV-to-EBIT of National Highways Infra Trust was 81.82. The lowest was 20.92. And the median was 30.23.

NSE:IVNHIT's EV-to-EBIT is ranked worse than
73.15% of 648 companies
in the REITs industry
Industry Median: 17.92 vs NSE:IVNHIT: 28.13

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. National Highways Infra Trust's Enterprise Value for the quarter that ended in Jun. 2026 was ₹600,980 Mil. National Highways Infra Trust's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹21,596 Mil. National Highways Infra Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.59%.


National Highways Infra Trust  (NSE:IVNHIT) 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) %.

National Highways Infra Trust'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 )
=21595.707/600980.25945
=3.59 %

National Highways Infra Trust's Enterprise Value for the quarter that ended in Jun. 2026 was ₹600,980 Mil.
National Highways Infra Trust'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 ₹21,596 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.


National Highways Infra Trust EV-to-EBIT Related Terms


National Highways Infra Trust EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for National Highways Infra Trust'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.

National Highways Infra Trust EV-to-EBIT Chart

National Highways Infra Trust Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial 81.82 29.28 54.16 40.37 27.84

National Highways Infra Trust Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 33.52 30.27 26.21 27.84 27.04

NSE:IVNHIT vs EQIX, AMT, DLR: EV-to-EBIT Comparison

For the REIT - Specialty subindustry, National Highways Infra Trust'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.


National Highways Infra Trust EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, National Highways Infra Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where National Highways Infra Trust's EV-to-EBIT falls into.


NSE:IVNHIT
44GF Score
National Highways Infra Trust NSE:IVNHIT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Highways Infra Trust EV-to-EBIT Calculation

National Highways Infra Trust's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=607502.772/21595.707
=28.13

National Highways Infra Trust's current Enterprise Value is ₹607,503 Mil.
National Highways Infra Trust'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 ₹21,596 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 28.13 mean?
National Highways Infra Trust (NSE:IVNHIT) has a EV-to-EBIT of 28.13 as of Sep. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on National Highways Infra Trust and its competitors. This is near median its historical median of 30.23. Over the past decade, National Highways Infra Trust's EV-to-EBIT has ranged from 20.92 to 81.82. According to the industry distribution chart, National Highways Infra Trust ranks #474 out of 648 companies in the REITs industry, placing it in the top 73.1%.
Is National Highways Infra Trust's EV-to-EBIT too high?
National Highways Infra Trust's current EV-to-EBIT of 28.13 is near median its 10-year median of 30.23. Over the past 10 years, this metric has ranged from a low of 20.92 to a high of 81.82. The REITs industry median EV-to-EBIT is 17.92. National Highways Infra Trust's value of 28.13 is 57% above this industry median. Based on the distribution chart, National Highways Infra Trust ranks #474 out of 648 companies in the REITs industry, which is below the industry midpoint. Overall, National Highways Infra Trust has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Highways Infra Trust's EV-to-EBIT compare to EQIX and AMT?
According to the REITs industry distribution chart, National Highways Infra Trust ranks #474 out of 648 companies for EV-to-EBIT. This places National Highways Infra Trust in the lower half of its industry. The industry median EV-to-EBIT is 17.92. National Highways Infra Trust's value of 28.13 is 57% above this benchmark. Historically, National Highways Infra Trust's own EV-to-EBIT has ranged from 20.92 to 81.82 over the past decade. While the company's 10-year median is 30.23 vs. the industry median of 17.92, National Highways Infra Trust 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 REITs company?
The median EV-to-EBIT among REITs companies is 17.92, based on 648 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. National Highways Infra Trust's current EV-to-EBIT of 28.13 is 57% 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 National Highways Infra Trust and its competitors. For the REITs industry, the median EV-to-EBIT is 17.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Highways Infra Trust's current EV-to-EBIT is 28.13, which is near median its own 10-year median of 30.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Highways Infra Trust stock overvalued right now?
Based on GuruFocus' analysis, National Highways Infra Trust (NSE:IVNHIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹235.16, compared to a current price of ₹171.00 — trading 27.3% below its estimated fair value. The current EV-to-EBIT is 28.13, which is near median its 10-year median of 30.23 and 57% above the REITs industry median of 17.92. National Highways Infra Trust's overall GF Score™ is 44/100 with 8 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 National Highways Infra Trust (NSE:IVNHIT), the current EV-to-EBIT is 28.13 as of Sep. 02, 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 National Highways Infra Trust (NSE:IVNHIT) Overvalued in 2026?

Based on GuruFocus' analysis, National Highways Infra Trust stock appears to be undervalued. The current stock price of ₹171.00 is trading 27.3% below its estimated GF Value™ of ₹235.16. GuruFocus considers National Highways Infra Trust to be Modestly Undervalued.

Key valuation signals for NSE:IVNHIT:

  • EV-to-EBIT: 28.13 (near median its 10-year median of 30.23)
  • GF Value™: ₹235.16 vs. price of ₹171.00 (27.3% below fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 57% above the REITs median (#474 of 648)

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


National Highways Infra Trust Business Description

Industry Real EstateREITs
Other Exchanges 543385:India
Address G-5 & 6, Sector-10, Dwarka, New Delhi, IND, 110 075
National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles. Its projects include the Abu Road Project, Swaroopganj Project, Kota & Chittorgarh Bypass Project, Kurnool Highway Project, and Belgaum Project.
44GF Score

Get the complete analysis for NSE:IVNHIT

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

₹171.00
Price
₹235.16
GF Value