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MM ForgingsNSE:MMFL +7.58%80 EV-to-EBIT is 22.36 as of Aug. 19, 2026, which is 79% above its 10-year median of 12.47. GuruFocus rates NSE:MMFL with a GF Score™ of 80/100 and a GF Value™ of ₹497.12 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,371 Industrial Products companies, MM Forgings ranks worse than 56.01% 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.
MM Forgings's Enterprise Value for the quarter that ended in Mar. 2026 was ₹28,041 Mil.
MM Forgings'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 ₹1,925 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.
MM Forgings EV-to-EBIT Related Terms
MM Forgings EV-to-EBIT Historical Data
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The historical data trend for MM Forgings'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.
For the Metal Fabrication subindustry, MM Forgings'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.
MM Forgings EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MM Forgings's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where MM Forgings's EV-to-EBIT falls into.
MM Forgings's current Enterprise Value is ₹43,037 Mil.
MM Forgings'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 ₹1,925 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.
MM Forgings (NSE:MMFL) has a EV-to-EBIT of 22.36 as of Aug. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MM Forgings and its competitors. This is 79% above median its historical median of 12.47. Over the past decade, MM Forgings' EV-to-EBIT has ranged from 4.30 to 32.92. According to the industry distribution chart, MM Forgings ranks #1328 out of 2371 companies in the Industrial Products industry, placing it in the top 56%.
Is MM Forgings' EV-to-EBIT too high?
MM Forgings' current EV-to-EBIT of 22.36 is 79% above median its 10-year median of 12.47. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 32.92. The Industrial Products industry median EV-to-EBIT is 19.30. MM Forgings' value of 22.36 is 15.9% above this industry median. Based on the distribution chart, MM Forgings ranks #1328 out of 2371 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MM Forgings has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MM Forgings' EV-to-EBIT compare to CRS and ATI?
According to the Industrial Products industry distribution chart, MM Forgings ranks #1328 out of 2371 companies for EV-to-EBIT. This places MM Forgings in the lower half of its industry. The industry median EV-to-EBIT is 19.30. MM Forgings' value of 22.36 is 15.9% above this benchmark. Historically, MM Forgings' own EV-to-EBIT has ranged from 4.30 to 32.92 over the past decade. While the company's 10-year median is 12.47 vs. the industry median of 19.30, MM Forgings 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 an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.30, based on 2,371 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. MM Forgings's current EV-to-EBIT of 22.36 is 15.9% 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 MM Forgings and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MM Forgings's current EV-to-EBIT is 22.36, which is 79% above median its own 10-year median of 12.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MM Forgings stock overvalued right now?
Based on GuruFocus' analysis, MM Forgings (NSE:MMFL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹497.12, compared to a current price of ₹680.20 — trading 36.8% above its estimated fair value. The current EV-to-EBIT is 22.36, which is 79% above median its 10-year median of 12.47 and 15.9% above the Industrial Products industry median of 19.30. MM Forgings' overall GF Score™ is 80/100 with 9 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 MM Forgings (NSE:MMFL), the current EV-to-EBIT is 22.36 as of Aug. 19, 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 MM Forgings (NSE:MMFL) Overvalued in 2026?
Based on GuruFocus' analysis, MM Forgings stock appears to be overvalued.
The current stock price of ₹680.20 is trading 36.8% above its estimated GF Value™ of ₹497.12.
GuruFocus considers MM Forgings to be Significantly Overvalued.
Key valuation signals for NSE:MMFL:
EV-to-EBIT: 22.36 (79% above median its 10-year median of 12.47)
GF Value™: ₹497.12 vs. price of ₹680.20 (36.8% above fair value)
Industry Position: 15.9% above the Industrial Products median (#1328 of 2371)
No single metric tells the full story. See the NSE:MMFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MM Forgings Ltd engages in the manufacturing and trading of steel forgings. It offers a range of steel forgings such as raw, semi-machined, and fully machined stages in various grades of carbon, alloy, micro-alloy, and stainless steel. It has one segment, the Manufacture of Steel Forgings.
80GF Score
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