Maharashtra Seamless (NSE:MAHSEAMLES) EV-to-EBIT: 6.32 (As of Sep. 14, 2026) — 20% Below Median

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NSE:MAHSEAMLES Maharashtra Seamless Ltd NSE:MAHSEAMLES
81 GF Score
Price ₹728.90
GF Value ₹644.65
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Maharashtra Seamless EV-to-EBIT?

Maharashtra Seamless NSE:MAHSEAMLES +1.38% 81 EV-to-EBIT is 6.32 as of Sep. 14, 2026, which is 20% below its 10-year median of 7.93. GuruFocus rates NSE:MAHSEAMLES with a GF Score™ of 81/100 and a GF Value™ of ₹644.65 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 492 Steel companies, Maharashtra Seamless ranks better than 80.08% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Maharashtra Seamless's Enterprise Value is ₹61,009 Mil. Maharashtra Seamless's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9,648 Mil. Therefore, Maharashtra Seamless's EV-to-EBIT for today is 6.32.

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

NSE:MAHSEAMLES' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.54   Med: 7.93   Max: 22.48
Current: 6.32

During the past 13 years, the highest EV-to-EBIT of Maharashtra Seamless was 22.48. The lowest was 3.54. And the median was 7.93.

NSE:MAHSEAMLES's EV-to-EBIT is ranked better than
80.08% of 492 companies
in the Steel industry
Industry Median: 12.57 vs NSE:MAHSEAMLES: 6.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Maharashtra Seamless's Enterprise Value for the quarter that ended in Jun. 2026 was ₹80,105 Mil. Maharashtra Seamless's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9,648 Mil. Maharashtra Seamless's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.04%.


Maharashtra Seamless  (NSE:MAHSEAMLES) 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) %.

Maharashtra Seamless'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 )
=9648.1/80104.6022
=12.04 %

Maharashtra Seamless's Enterprise Value for the quarter that ended in Jun. 2026 was ₹80,105 Mil.
Maharashtra Seamless'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 ₹9,648 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.


Maharashtra Seamless EV-to-EBIT Related Terms


Maharashtra Seamless EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Maharashtra Seamless'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.

Maharashtra Seamless EV-to-EBIT Chart

Maharashtra Seamless 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 7.49 4.56 8.24 6.88 4.08

Maharashtra Seamless 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 8.92 5.12 6.90 4.08 8.30

NSE:MAHSEAMLES vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Maharashtra Seamless'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.


Maharashtra Seamless EV-to-EBIT vs Steel Industry

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

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


NSE:MAHSEAMLES
81GF Score
Maharashtra Seamless Ltd NSE:MAHSEAMLES
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maharashtra Seamless EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=61009.255/9648.1
=6.32

Maharashtra Seamless's current Enterprise Value is ₹61,009 Mil.
Maharashtra Seamless'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 ₹9,648 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 6.32 mean?
Maharashtra Seamless (NSE:MAHSEAMLES) has a EV-to-EBIT of 6.32 as of Sep. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Maharashtra Seamless and its competitors. This is 20% below median its historical median of 7.93. Over the past decade, Maharashtra Seamless' EV-to-EBIT has ranged from 3.54 to 22.48. According to the industry distribution chart, Maharashtra Seamless ranks #98 out of 492 companies in the Steel industry, placing it in the top 19.9%.
Is Maharashtra Seamless' EV-to-EBIT too high?
Maharashtra Seamless' current EV-to-EBIT of 6.32 is 20% below median its 10-year median of 7.93. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 22.48. The Steel industry median EV-to-EBIT is 12.57. Maharashtra Seamless' value of 6.32 is 49.7% below this industry median. Based on the distribution chart, Maharashtra Seamless ranks #98 out of 492 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maharashtra Seamless has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maharashtra Seamless' EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Maharashtra Seamless ranks #98 out of 492 companies for EV-to-EBIT. This places Maharashtra Seamless in the top 20% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 12.57. Maharashtra Seamless' value of 6.32 is 49.7% below this benchmark. Historically, Maharashtra Seamless' own EV-to-EBIT has ranged from 3.54 to 22.48 over the past decade. While the company's 10-year median is 7.93 vs. the industry median of 12.57, Maharashtra Seamless 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 12.57, based on 492 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. Maharashtra Seamless's current EV-to-EBIT of 6.32 is 49.7% 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 Maharashtra Seamless and its competitors. For the Steel industry, the median EV-to-EBIT is 12.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maharashtra Seamless's current EV-to-EBIT is 6.32, which is 20% below median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maharashtra Seamless stock overvalued right now?
Based on GuruFocus' analysis, Maharashtra Seamless (NSE:MAHSEAMLES) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹644.65, compared to a current price of ₹728.90 — trading 13.1% above its estimated fair value. The current EV-to-EBIT is 6.32, which is 20% below median its 10-year median of 7.93 and 49.7% below the Steel industry median of 12.57. Maharashtra Seamless' overall GF Score™ is 81/100 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 Maharashtra Seamless (NSE:MAHSEAMLES), the current EV-to-EBIT is 6.32 as of Sep. 14, 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 Maharashtra Seamless (NSE:MAHSEAMLES) Overvalued in 2026?

Based on GuruFocus' analysis, Maharashtra Seamless stock appears to be overvalued. The current stock price of ₹728.90 is trading 13.1% above its estimated GF Value™ of ₹644.65. GuruFocus considers Maharashtra Seamless to be Modestly Overvalued.

Key valuation signals for NSE:MAHSEAMLES:

  • EV-to-EBIT: 6.32 (20% below median its 10-year median of 7.93)
  • GF Value™: ₹644.65 vs. price of ₹728.90 (13.1% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 49.7% below the Steel median (#98 of 492)

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


Maharashtra Seamless Business Description

Other Exchanges 500265:India
Address Institutional Sector 44, Plot No. 30, Jindal Corporate Centre, Gurugram, HR, IND, 122003
Maharashtra Seamless Ltd is a steel pipe and tube manufacturer. The company's product portfolio consists of electric resistance welded pipes, which include black and galvanized pipes, and seamless pipes and tubes, which include hot finished, cold drawn, and pilgered pipes. These products are used in various applications and sectors like oil and gas, hydrocarbon, power, agriculture, housing, and infrastructure, among others. The company's operating segments consist of steel pipes and tubes, power-electricity, rig, and others. The majority of its revenue is derived from the steel pipes and tubes segment.
81GF Score

Get the complete analysis for NSE:MAHSEAMLES

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

₹728.90
Price
₹644.65
GF Value