M & B Engineering (NSE:MBEL) EV-to-EBIT: 9.57 (As of Aug. 16, 2026) — 27% Below 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:MBEL M & B Engineering Ltd NSE:MBEL
23 GF Score
Price ₹270.40
! 2 Warning Signs
View Full Analysis

What is M & B Engineering EV-to-EBIT?

M & B Engineering NSE:MBEL +0.15% 23 EV-to-EBIT is 9.57 as of Aug. 16, 2026, which is 27% below its 10-year median of 13.09. GuruFocus rates NSE:MBEL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 1,426 Construction companies, M & B Engineering ranks better than 57.5% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, M & B Engineering's Enterprise Value is ₹13,489 Mil. M & B Engineering's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,410 Mil. Therefore, M & B Engineering's EV-to-EBIT for today is 9.57.

The historical rank and industry rank for M & B Engineering's EV-to-EBIT or its related term are showing as below:

NSE:MBEL' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.32   Med: 13.09   Max: 20.8
Current: 9.57

During the past 5 years, the highest EV-to-EBIT of M & B Engineering was 20.80. The lowest was 9.32. And the median was 13.09.

NSE:MBEL's EV-to-EBIT is ranked better than
57.5% of 1426 companies
in the Construction industry
Industry Median: 11.025 vs NSE:MBEL: 9.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. M & B Engineering's Enterprise Value for the quarter that ended in Mar. 2026 was ₹10,978 Mil. M & B Engineering's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,410 Mil. M & B Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.84%.


M & B Engineering  (NSE:MBEL) 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) %.

M & B Engineering'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 )
=1409.817/10977.6346
=12.84 %

M & B Engineering's Enterprise Value for the quarter that ended in Mar. 2026 was ₹10,978 Mil.
M & B Engineering's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,410 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.


M & B Engineering EV-to-EBIT Related Terms


M & B Engineering EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for M & B Engineering'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.

M & B Engineering EV-to-EBIT Chart

M & B Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
0.00 0.00 0.00 0.00 7.79

M & B Engineering Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 16.67 15.39 7.79

NSE:MBEL vs PWR, FIX, EME: EV-to-EBIT Comparison

For the Engineering & Construction subindustry, M & B Engineering'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.


M & B Engineering EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, M & B Engineering's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where M & B Engineering's EV-to-EBIT falls into.


NSE:MBEL
23GF Score
M & B Engineering Ltd NSE:MBEL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M & B Engineering EV-to-EBIT Calculation

M & B Engineering's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13489.347/1409.817
=9.57

M & B Engineering's current Enterprise Value is ₹13,489 Mil.
M & B Engineering's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,410 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 9.57 mean?
M & B Engineering (NSE:MBEL) has a EV-to-EBIT of 9.57 as of Aug. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on M & B Engineering and its competitors. This is 27% below median its historical median of 13.09. Over the past decade, M & B Engineering's EV-to-EBIT has ranged from 9.32 to 20.80. According to the industry distribution chart, M & B Engineering ranks #606 out of 1426 companies in the Construction industry, placing it in the top 42.5%.
Is M & B Engineering's EV-to-EBIT too high?
M & B Engineering's current EV-to-EBIT of 9.57 is 27% below median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 20.80. The Construction industry median EV-to-EBIT is 11.03. M & B Engineering's value of 9.57 is 13.2% below this industry median. Based on the distribution chart, M & B Engineering ranks #606 out of 1426 companies in the Construction industry, which is above the industry midpoint. Overall, M & B Engineering has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does M & B Engineering's EV-to-EBIT compare to PWR and FIX?
According to the Construction industry distribution chart, M & B Engineering ranks #606 out of 1426 companies for EV-to-EBIT. This puts M & B Engineering in the upper half of its industry. The industry median EV-to-EBIT is 11.03. M & B Engineering's value of 9.57 is 13.2% below this benchmark. Historically, M & B Engineering's own EV-to-EBIT has ranged from 9.32 to 20.80 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 11.03, M & B Engineering 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 Construction company?
The median EV-to-EBIT among Construction companies is 11.03, based on 1,426 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. M & B Engineering's current EV-to-EBIT of 9.57 is 13.2% 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 M & B Engineering and its competitors. For the Construction industry, the median EV-to-EBIT is 11.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M & B Engineering's current EV-to-EBIT is 9.57, which is 27% below median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & B Engineering stock overvalued right now?
M & B Engineering (NSE:MBEL) has a current EV-to-EBIT of 9.57. The current EV-to-EBIT is 9.57, which is 27% below median its 10-year median of 13.09 and 13.2% below the Construction industry median of 11.03. M & B Engineering's overall GF Score™ is 23/100 with 2 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 M & B Engineering (NSE:MBEL), the current EV-to-EBIT is 9.57 as of Aug. 16, 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.

M & B Engineering Business Description

Other Exchanges 544470:India
Address Stadium Road, MB House, 51, Chandrodaya Society, Post Navjivan, Ahmedabad, GJ, IND, 380 014
M & B Engineering Ltd is one of India's Pre-Engineered Buildings (PEBs) players. Its business is structured into Phenix division which provides comprehensive solutions for PEBs and complex structural steel components; and Proflex division which provides self-supported steel roofing solutions. The Company offers its customers comprehensive turn-key solutions which includes project design, engineering, manufacturing and erection in accordance with customer requirements across industrial and infrastructure segments. It has delivered solutions for its customers engaged in diverse sectors including general engineering and manufacturing, food and beverages, warehousing and logistics, power, textiles, and railways.
23GF Score

Get the complete analysis for NSE:MBEL

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

₹270.40
Price