Race Eco Chain (NSE:RACE) EV-to-EBIT: 15.84 (As of Jul. 31, 2026) — 85% Below Median

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NSE:RACE Race Eco Chain Ltd NSE:RACE
78 GF Score
Price ₹109.49
GF Value ₹561.48
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Race Eco Chain EV-to-EBIT?

Race Eco Chain NSE:RACE -0.83% 78 EV-to-EBIT is 15.84 as of Jul. 31, 2026, which is 85% below its 10-year median of 108.25. GuruFocus rates NSE:RACE with a GF Score™ of 78/100 and a GF Value™ of ₹561.48 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 166 Waste Management companies, Race Eco Chain ranks worse than 51.81% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Race Eco Chain's Enterprise Value is ₹2,753 Mil. Race Eco Chain's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹174 Mil. Therefore, Race Eco Chain's EV-to-EBIT for today is 15.84.

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

NSE:RACE' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.41   Med: 108.25   Max: 867.37
Current: 15.86

During the past 13 years, the highest EV-to-EBIT of Race Eco Chain was 867.37. The lowest was 9.41. And the median was 108.25.

NSE:RACE's EV-to-EBIT is ranked worse than
51.81% of 166 companies
in the Waste Management industry
Industry Median: 15.46 vs NSE:RACE: 15.86

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Race Eco Chain's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,346 Mil. Race Eco Chain's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹174 Mil. Race Eco Chain's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.41%.


Race Eco Chain  (NSE:RACE) 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) %.

Race Eco Chain'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 )
=173.78/2345.72185
=7.41 %

Race Eco Chain's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,346 Mil.
Race Eco Chain'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 ₹174 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.


Race Eco Chain EV-to-EBIT Related Terms


Race Eco Chain EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Race Eco Chain'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.

Race Eco Chain EV-to-EBIT Chart

Race Eco Chain Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 194.09 129.77 104.33 51.85 13.53

Race Eco Chain Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 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 51.85 27.04 31.23 15.22 13.53

NSE:RACE vs WM, RSG, WCN: EV-to-EBIT Comparison

For the Waste Management subindustry, Race Eco Chain'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.


Race Eco Chain EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's EV-to-EBIT falls into.


NSE:RACE
78GF Score
Race Eco Chain Ltd NSE:RACE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Race Eco Chain EV-to-EBIT Calculation

Race Eco Chain's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2753.008/173.78
=15.84

Race Eco Chain's current Enterprise Value is ₹2,753 Mil.
Race Eco Chain'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 ₹174 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 15.84 mean?
Race Eco Chain (NSE:RACE) has a EV-to-EBIT of 15.84 as of Jul. 31, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Race Eco Chain and its competitors. This is 85% below median its historical median of 108.25. Over the past decade, Race Eco Chain's EV-to-EBIT has ranged from 9.41 to 867.37. According to the industry distribution chart, Race Eco Chain ranks #86 out of 166 companies in the Waste Management industry, placing it in the top 51.8%.
Is Race Eco Chain's EV-to-EBIT too high?
Race Eco Chain's current EV-to-EBIT of 15.84 is 85% below median its 10-year median of 108.25. Over the past 10 years, this metric has ranged from a low of 9.41 to a high of 867.37. The Waste Management industry median EV-to-EBIT is 15.46. Race Eco Chain's value of 15.84 is 2.5% above this industry median. Based on the distribution chart, Race Eco Chain ranks #86 out of 166 companies in the Waste Management industry, which is below the industry midpoint. Overall, Race Eco Chain has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's EV-to-EBIT compare to WM and RSG?
According to the Waste Management industry distribution chart, Race Eco Chain ranks #86 out of 166 companies for EV-to-EBIT. This places Race Eco Chain in the lower half of its industry. The industry median EV-to-EBIT is 15.46. Race Eco Chain's value of 15.84 is 2.5% above this benchmark. Historically, Race Eco Chain's own EV-to-EBIT has ranged from 9.41 to 867.37 over the past decade. While the company's 10-year median is 108.25 vs. the industry median of 15.46, Race Eco Chain 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 Waste Management company?
The median EV-to-EBIT among Waste Management companies is 15.46, based on 166 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. Race Eco Chain's current EV-to-EBIT of 15.84 is 2.5% 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 Race Eco Chain and its competitors. For the Waste Management industry, the median EV-to-EBIT is 15.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Race Eco Chain's current EV-to-EBIT is 15.84, which is 85% below median its own 10-year median of 108.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹561.48, compared to a current price of ₹109.49 — trading 80.5% below its estimated fair value. The current EV-to-EBIT is 15.84, which is 85% below median its 10-year median of 108.25 and 2.5% above the Waste Management industry median of 15.46. Race Eco Chain's overall GF Score™ is 78/100 with 3 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 Race Eco Chain (NSE:RACE), the current EV-to-EBIT is 15.84 as of Jul. 31, 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued. The current stock price of ₹109.49 is trading 80.5% below its estimated GF Value™ of ₹561.48. GuruFocus considers Race Eco Chain to be Significantly Undervalued.

Key valuation signals for NSE:RACE:

  • EV-to-EBIT: 15.84 (85% below median its 10-year median of 108.25)
  • GF Value™: ₹561.48 vs. price of ₹109.49 (80.5% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 2.5% above the Waste Management median (#86 of 166)

No single metric tells the full story. See the NSE:RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Race Eco Chain Business Description

Other Exchanges 537785:India
Address Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
78GF Score

Get the complete analysis for NSE:RACE

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

₹109.49
Price
₹561.48
GF Value