Mahickra Chemicals (NSE:MAHICKRA) EV-to-EBIT: 35.16 (As of Sep. 15, 2026) — 100% Above Median

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NSE:MAHICKRA Mahickra Chemicals Ltd NSE:MAHICKRA
54 GF Score
Price ₹305.95
GF Value ₹153.88
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Mahickra Chemicals EV-to-EBIT?

Mahickra Chemicals NSE:MAHICKRA +1.14% 54 EV-to-EBIT is 35.16 as of Sep. 15, 2026, which is 100% above its 10-year median of 17.59. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 54/100 and a GF Value™ of ₹153.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,284 Chemicals companies, Mahickra Chemicals ranks worse than 77.18% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mahickra Chemicals's Enterprise Value is ₹2,984 Mil. Mahickra Chemicals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹85 Mil. Therefore, Mahickra Chemicals's EV-to-EBIT for today is 35.16.

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

NSE:MAHICKRA' s EV-to-EBIT Range Over the Past 10 Years
Min: 12   Med: 17.59   Max: 48.81
Current: 35.16

During the past 13 years, the highest EV-to-EBIT of Mahickra Chemicals was 48.81. The lowest was 12.00. And the median was 17.59.

NSE:MAHICKRA's EV-to-EBIT is ranked worse than
77.18% of 1284 companies
in the Chemicals industry
Industry Median: 16.31 vs NSE:MAHICKRA: 35.16

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mahickra Chemicals's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,066 Mil. Mahickra Chemicals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹85 Mil. Mahickra Chemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.11%.


Mahickra Chemicals  (NSE:MAHICKRA) 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) %.

Mahickra Chemicals'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 )
=84.878/2066.036
=4.11 %

Mahickra Chemicals's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,066 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mahickra Chemicals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹85 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.


Mahickra Chemicals EV-to-EBIT Related Terms


Mahickra Chemicals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Mahickra Chemicals'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.

Mahickra Chemicals EV-to-EBIT Chart

Mahickra Chemicals 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 15.43 17.10 46.96 25.00 25.08

Mahickra Chemicals Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 46.96 0.00 25.00 0.00 25.08

NSE:MAHICKRA vs LIN, SHW, ECL: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Mahickra Chemicals'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.


Mahickra Chemicals EV-to-EBIT vs Chemicals Industry

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

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


NSE:MAHICKRA
54GF Score
Mahickra Chemicals Ltd NSE:MAHICKRA
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahickra Chemicals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2984.464/84.878
=35.16

Mahickra Chemicals's current Enterprise Value is ₹2,984 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mahickra Chemicals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹85 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 35.16 mean?
Mahickra Chemicals (NSE:MAHICKRA) has a EV-to-EBIT of 35.16 as of Sep. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mahickra Chemicals and its competitors. This is 100% above median its historical median of 17.59. Over the past decade, Mahickra Chemicals' EV-to-EBIT has ranged from 12.00 to 48.81. According to the industry distribution chart, Mahickra Chemicals ranks #991 out of 1284 companies in the Chemicals industry, placing it in the top 77.2%.
Is Mahickra Chemicals' EV-to-EBIT too high?
Mahickra Chemicals' current EV-to-EBIT of 35.16 is 100% above median its 10-year median of 17.59. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 48.81. The Chemicals industry median EV-to-EBIT is 16.31. Mahickra Chemicals' value of 35.16 is 115.6% above this industry median. Based on the distribution chart, Mahickra Chemicals ranks #991 out of 1284 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mahickra Chemicals has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' EV-to-EBIT compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #991 out of 1284 companies for EV-to-EBIT. This places Mahickra Chemicals in the lower half of its industry. The industry median EV-to-EBIT is 16.31. Mahickra Chemicals' value of 35.16 is 115.6% above this benchmark. Historically, Mahickra Chemicals' own EV-to-EBIT has ranged from 12.00 to 48.81 over the past decade. While the company's 10-year median is 17.59 vs. the industry median of 16.31, Mahickra Chemicals 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 Chemicals company?
The median EV-to-EBIT among Chemicals companies is 16.31, based on 1,284 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. Mahickra Chemicals's current EV-to-EBIT of 35.16 is 115.6% 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 Mahickra Chemicals and its competitors. For the Chemicals industry, the median EV-to-EBIT is 16.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current EV-to-EBIT is 35.16, which is 100% above median its own 10-year median of 17.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹153.88, compared to a current price of ₹305.95 — trading 98.8% above its estimated fair value. The current EV-to-EBIT is 35.16, which is 100% above median its 10-year median of 17.59 and 115.6% above the Chemicals industry median of 16.31. Mahickra Chemicals' overall GF Score™ is 54/100 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 Mahickra Chemicals (NSE:MAHICKRA), the current EV-to-EBIT is 35.16 as of Sep. 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?

Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued. The current stock price of ₹305.95 is trading 98.8% above its estimated GF Value™ of ₹153.88. GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:MAHICKRA:

  • EV-to-EBIT: 35.16 (100% above median its 10-year median of 17.59)
  • GF Value™: ₹153.88 vs. price of ₹305.95 (98.8% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 115.6% above the Chemicals median (#991 of 1284)

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


Mahickra Chemicals Business Description

Address Phase - 3, Plot No. 1201-1202, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
54GF Score

Get the complete analysis for NSE:MAHICKRA

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

₹305.95
Price
₹153.88
GF Value