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Mahanagar Gas (NSE:MGL) EV-to-EBIT : 8.74 (As of May. 23, 2025)


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What is Mahanagar Gas EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mahanagar Gas's Enterprise Value is ₹120,865 Mil. Mahanagar Gas's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹13,837 Mil. Therefore, Mahanagar Gas's EV-to-EBIT for today is 8.74.

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

NSE:MGL' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.95   Med: 10.06   Max: 17.51
Current: 8.73

During the past 13 years, the highest EV-to-EBIT of Mahanagar Gas was 17.51. The lowest was 4.95. And the median was 10.06.

NSE:MGL's EV-to-EBIT is ranked better than
74.56% of 456 companies
in the Utilities - Regulated industry
Industry Median: 14.015 vs NSE:MGL: 8.73

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mahanagar Gas's Enterprise Value for the quarter that ended in Mar. 2025 was ₹124,130 Mil. Mahanagar Gas's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹13,837 Mil. Mahanagar Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 11.15%.


Mahanagar Gas EV-to-EBIT Historical Data

The historical data trend for Mahanagar Gas'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.

* Premium members only.

Mahanagar Gas EV-to-EBIT Chart

Mahanagar Gas Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 7.68 7.79 6.99 8.97

Mahanagar Gas Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.99 9.66 11.36 9.08 8.97

Competitive Comparison of Mahanagar Gas's EV-to-EBIT

For the Utilities - Regulated Gas subindustry, Mahanagar Gas'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.


Mahanagar Gas's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's EV-to-EBIT distribution charts can be found below:

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


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Mahanagar Gas EV-to-EBIT Calculation

Mahanagar Gas's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=120865.334/13836.5
=8.74

Mahanagar Gas's current Enterprise Value is ₹120,865 Mil.
Mahanagar Gas's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹13,837 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.


Mahanagar Gas  (NSE:MGL) 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) %.

Mahanagar Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2025 ) =EBIT / Enterprise Value (Q: Mar. 2025 )
=13836.5/124130.2471
=11.15 %

Mahanagar Gas's Enterprise Value for the quarter that ended in Mar. 2025 was ₹124,130 Mil.
Mahanagar Gas's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹13,837 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.


Mahanagar Gas EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Mahanagar Gas's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Mahanagar Gas Business Description

Traded in Other Exchanges
Address
Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051
Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.

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