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Mishra Dhatu NigamNSE:MIDHANI -9.29%82 EV-to-EBIT is 36.44 as of Sep. 16, 2026, which is 96% above its 10-year median of 18.62. GuruFocus rates NSE:MIDHANI with a GF Score™ of 82/100 and a GF Value™ of ₹478.20 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 488 Steel companies, Mishra Dhatu Nigam ranks worse than 83.4% on this metric.
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.
Mishra Dhatu Nigam's Enterprise Value for the quarter that ended in Jun. 2026 was ₹0 Mil.
Mishra Dhatu Nigam'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 ₹2,146 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.
Mishra Dhatu Nigam EV-to-EBIT Related Terms
Mishra Dhatu Nigam EV-to-EBIT Historical Data
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The historical data trend for Mishra Dhatu Nigam'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.
NSE:MIDHANI vs NUE, STLD, RS: EV-to-EBIT Comparison
For the Steel subindustry, Mishra Dhatu Nigam'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.
Mishra Dhatu Nigam EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, Mishra Dhatu Nigam's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Mishra Dhatu Nigam's EV-to-EBIT falls into.
Mishra Dhatu Nigam's current Enterprise Value is ₹78,217 Mil.
Mishra Dhatu Nigam'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 ₹2,146 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.
Mishra Dhatu Nigam (NSE:MIDHANI) has a EV-to-EBIT of 36.44 as of Sep. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mishra Dhatu Nigam and its competitors. This is 96% above median its historical median of 18.62. Over the past decade, Mishra Dhatu Nigam's EV-to-EBIT has ranged from 8.20 to 66.70. According to the industry distribution chart, Mishra Dhatu Nigam ranks #407 out of 488 companies in the Steel industry, placing it in the top 83.4%.
Is Mishra Dhatu Nigam's EV-to-EBIT too high?
Mishra Dhatu Nigam's current EV-to-EBIT of 36.44 is 96% above median its 10-year median of 18.62. Over the past 10 years, this metric has ranged from a low of 8.20 to a high of 66.70. The Steel industry median EV-to-EBIT is 12.57. Mishra Dhatu Nigam's value of 36.44 is 190% above this industry median. Based on the distribution chart, Mishra Dhatu Nigam ranks #407 out of 488 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mishra Dhatu Nigam has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mishra Dhatu Nigam's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Mishra Dhatu Nigam ranks #407 out of 488 companies for EV-to-EBIT. This places Mishra Dhatu Nigam in the lower half of its industry. The industry median EV-to-EBIT is 12.57. Mishra Dhatu Nigam's value of 36.44 is 190% above this benchmark. Historically, Mishra Dhatu Nigam's own EV-to-EBIT has ranged from 8.20 to 66.70 over the past decade. While the company's 10-year median is 18.62 vs. the industry median of 12.57, Mishra Dhatu Nigam 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 Steel company?
The median EV-to-EBIT among Steel companies is 12.57, based on 488 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. Mishra Dhatu Nigam's current EV-to-EBIT of 36.44 is 190% 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 Mishra Dhatu Nigam 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. Mishra Dhatu Nigam's current EV-to-EBIT is 36.44, which is 96% above median its own 10-year median of 18.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mishra Dhatu Nigam stock overvalued right now?
Based on GuruFocus' analysis, Mishra Dhatu Nigam (NSE:MIDHANI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹478.20, compared to a current price of ₹405.85 — trading 15.1% below its estimated fair value. The current EV-to-EBIT is 36.44, which is 96% above median its 10-year median of 18.62 and 190% above the Steel industry median of 12.57. Mishra Dhatu Nigam's overall GF Score™ is 82/100 with 7 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 Mishra Dhatu Nigam (NSE:MIDHANI), the current EV-to-EBIT is 36.44 as of Sep. 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.
Is Mishra Dhatu Nigam (NSE:MIDHANI) Overvalued in 2026?
Based on GuruFocus' analysis, Mishra Dhatu Nigam stock appears to be undervalued.
The current stock price of ₹405.85 is trading 15.1% below its estimated GF Value™ of ₹478.20.
GuruFocus considers Mishra Dhatu Nigam to be Modestly Undervalued.
Key valuation signals for NSE:MIDHANI:
EV-to-EBIT: 36.44 (96% above median its 10-year median of 18.62)
GF Value™: ₹478.20 vs. price of ₹405.85 (15.1% below fair value)
Industry Position: 190% above the Steel median (#407 of 488)
No single metric tells the full story. See the NSE:MIDHANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mishra Dhatu Nigam Ltd is engaged in the business of manufacturing superalloys, titanium, special purpose steel, and other special metals. Its product portfolio includes titanium and titanium alloys, special steel, fasteners, investment castings, open-die forgings, and others. Geographically, the company caters to both Indian and international markets, of which, a majority of its revenue is derived from its business in India.
82GF Score
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