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RedtapeNSE:REDTAPE +2.27%49 EV-to-EBIT is 21.46 as of Aug. 09, 2026, which is 27% below its 10-year median of 29.43. GuruFocus rates NSE:REDTAPE with a GF Score™ of 49/100 and a GF Value™ of ₹197.41 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 810 Manufacturing - Apparel & Accessories companies, Redtape ranks worse than 71.23% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Redtape's Enterprise Value is ₹84,199 Mil.
Redtape's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,923 Mil. Therefore, Redtape's EV-to-EBIT for today is 21.46.
The historical rank and industry rank for Redtape's EV-to-EBIT or its related term are showing as below:
NSE:REDTAPE'
s EV-to-EBIT Range Over the Past 10 Years
Min: 17.47 Med: 29.43 Max: 55.29
Current: 21.46
During the past 5 years, the highest EV-to-EBIT of Redtape was 55.29. The lowest was 17.47. And the median was 29.43.
NSE:REDTAPE's EV-to-EBIT is ranked worse than 71.23% of 810
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 13.4
vs NSE:REDTAPE: 21.46
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.
Redtape's Enterprise Value for the quarter that ended in Mar. 2026 was ₹67,880 Mil.
Redtape'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 ₹3,923 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.
Redtape EV-to-EBIT Related Terms
Redtape EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Redtape'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:REDTAPE vs NKE, DECK, ONON: EV-to-EBIT Comparison
For the Footwear & Accessories subindustry, Redtape'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.
Redtape EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Redtape's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Redtape's EV-to-EBIT falls into.
Redtape's current Enterprise Value is ₹84,199 Mil.
Redtape'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 ₹3,923 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.
Redtape (NSE:REDTAPE) has a EV-to-EBIT of 21.46 as of Aug. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Redtape and its competitors. This is 27% below median its historical median of 29.43. Over the past decade, Redtape's EV-to-EBIT has ranged from 17.47 to 55.29. According to the industry distribution chart, Redtape ranks #577 out of 810 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.2%.
Is Redtape's EV-to-EBIT too high?
Redtape's current EV-to-EBIT of 21.46 is 27% below median its 10-year median of 29.43. Over the past 10 years, this metric has ranged from a low of 17.47 to a high of 55.29. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 13.40. Redtape's value of 21.46 is 60.1% above this industry median. Based on the distribution chart, Redtape ranks #577 out of 810 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Redtape has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Redtape's EV-to-EBIT compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Redtape ranks #577 out of 810 companies for EV-to-EBIT. This places Redtape in the lower half of its industry. The industry median EV-to-EBIT is 13.40. Redtape's value of 21.46 is 60.1% above this benchmark. Historically, Redtape's own EV-to-EBIT has ranged from 17.47 to 55.29 over the past decade. While the company's 10-year median is 29.43 vs. the industry median of 13.40, Redtape 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 Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 13.40, based on 810 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. Redtape's current EV-to-EBIT of 21.46 is 60.1% 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 Redtape and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 13.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redtape's current EV-to-EBIT is 21.46, which is 27% below median its own 10-year median of 29.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redtape stock overvalued right now?
Based on GuruFocus' analysis, Redtape (NSE:REDTAPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹197.41, compared to a current price of ₹139.97 — trading 29.1% below its estimated fair value. The current EV-to-EBIT is 21.46, which is 27% below median its 10-year median of 29.43 and 60.1% above the Manufacturing - Apparel & Accessories industry median of 13.40. Redtape's overall GF Score™ is 49/100 with 1 warning sign 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 Redtape (NSE:REDTAPE), the current EV-to-EBIT is 21.46 as of Aug. 09, 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 Redtape (NSE:REDTAPE) Overvalued in 2026?
Based on GuruFocus' analysis, Redtape stock appears to be undervalued.
The current stock price of ₹139.97 is trading 29.1% below its estimated GF Value™ of ₹197.41.
GuruFocus considers Redtape to be Modestly Undervalued.
Key valuation signals for NSE:REDTAPE:
EV-to-EBIT: 21.46 (27% below median its 10-year median of 29.43)
GF Value™: ₹197.41 vs. price of ₹139.97 (29.1% below fair value)
Industry Position: 60.1% above the Manufacturing - Apparel & Accessories median (#577 of 810)
No single metric tells the full story. See the NSE:REDTAPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redtape Ltd is based in India, engaged in the business of retail sale of Footwear, Garments & apparel, and allied products, and is also a manufacturer of footwear. The company's brand includes RedTape Athleisure, Mode by RedTape, and Bond Street by RedTape.
49GF Score
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