Mangal Electrical Industries (NSE:MEIL) EV-to-EBIT: 9.72 (As of Aug. 11, 2026) — 17% 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:MEIL Mangal Electrical Industries Ltd NSE:MEIL
19 GF Score
Price ₹273.60
! 5 Warning Signs
View Full Analysis

What is Mangal Electrical Industries EV-to-EBIT?

Mangal Electrical Industries NSE:MEIL -1.01% 19 EV-to-EBIT is 9.72 as of Aug. 11, 2026, which is 17% below its 10-year median of 11.65. GuruFocus rates NSE:MEIL with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 2,380 Industrial Products companies, Mangal Electrical Industries ranks better than 78.28% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mangal Electrical Industries's Enterprise Value is ₹7,062 Mil. Mangal Electrical Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹727 Mil. Therefore, Mangal Electrical Industries's EV-to-EBIT for today is 9.72.

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

NSE:MEIL' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.14   Med: 11.65   Max: 19.62
Current: 9.71

During the past 5 years, the highest EV-to-EBIT of Mangal Electrical Industries was 19.62. The lowest was 8.14. And the median was 11.65.

NSE:MEIL's EV-to-EBIT is ranked better than
78.28% of 2380 companies
in the Industrial Products industry
Industry Median: 20.22 vs NSE:MEIL: 9.71

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mangal Electrical Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹8,310 Mil. Mangal Electrical Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹727 Mil. Mangal Electrical Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.75%.


Mangal Electrical Industries  (NSE:MEIL) 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) %.

Mangal Electrical Industries'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 )
=726.822/8309.7225
=8.75 %

Mangal Electrical Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹8,310 Mil.
Mangal Electrical Industries'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 ₹727 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.


Mangal Electrical Industries EV-to-EBIT Related Terms


Mangal Electrical Industries EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Mangal Electrical Industries'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.

Mangal Electrical Industries EV-to-EBIT Chart

Mangal Electrical Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
0.00 0.00 0.00 0.00 7.55

Mangal Electrical Industries Quarterly Data
Mar22 Mar23 Mar24 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 0.00 16.01 14.17 7.55 11.43

NSE:MEIL vs VRT, BE: EV-to-EBIT Comparison

For the Electrical Equipment & Parts subindustry, Mangal Electrical Industries'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.


Mangal Electrical Industries EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mangal Electrical Industries's EV-to-EBIT falls into.


NSE:MEIL
19GF Score
Mangal Electrical Industries Ltd NSE:MEIL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangal Electrical Industries EV-to-EBIT Calculation

Mangal Electrical Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7061.787/726.822
=9.72

Mangal Electrical Industries's current Enterprise Value is ₹7,062 Mil.
Mangal Electrical Industries'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 ₹727 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 9.72 mean?
Mangal Electrical Industries (NSE:MEIL) has a EV-to-EBIT of 9.72 as of Aug. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mangal Electrical Industries and its competitors. This is 17% below median its historical median of 11.65. Over the past decade, Mangal Electrical Industries' EV-to-EBIT has ranged from 8.14 to 19.62. According to the industry distribution chart, Mangal Electrical Industries ranks #517 out of 2380 companies in the Industrial Products industry, placing it in the top 21.7%.
Is Mangal Electrical Industries' EV-to-EBIT too high?
Mangal Electrical Industries' current EV-to-EBIT of 9.72 is 17% below median its 10-year median of 11.65. Over the past 10 years, this metric has ranged from a low of 8.14 to a high of 19.62. The Industrial Products industry median EV-to-EBIT is 20.22. Mangal Electrical Industries' value of 9.72 is 51.9% below this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #517 out of 2380 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mangal Electrical Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' EV-to-EBIT compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #517 out of 2380 companies for EV-to-EBIT. This places Mangal Electrical Industries in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 20.22. Mangal Electrical Industries' value of 9.72 is 51.9% below this benchmark. Historically, Mangal Electrical Industries' own EV-to-EBIT has ranged from 8.14 to 19.62 over the past decade. While the company's 10-year median is 11.65 vs. the industry median of 20.22, Mangal Electrical Industries 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 an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 20.22, based on 2,380 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. Mangal Electrical Industries's current EV-to-EBIT of 9.72 is 51.9% 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 Mangal Electrical Industries and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 20.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangal Electrical Industries's current EV-to-EBIT is 9.72, which is 17% below median its own 10-year median of 11.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current EV-to-EBIT of 9.72. The current EV-to-EBIT is 9.72, which is 17% below median its 10-year median of 11.65 and 51.9% below the Industrial Products industry median of 20.22. Mangal Electrical Industries' overall GF Score™ is 19/100 with 5 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 Mangal Electrical Industries (NSE:MEIL), the current EV-to-EBIT is 9.72 as of Aug. 11, 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.

Mangal Electrical Industries Business Description

Other Exchanges 544492:India
Address Road No. 1-C, C-61, C-61, A&B, V. K. I. Area, Jaipur, RJ, IND, 302 013
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
19GF Score

Get the complete analysis for NSE:MEIL

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

₹273.60
Price