Refex IndustriesNSE:REFEX -1.42%89 EV-to-EBIT is 13.54 as of Jul. 12, 2026, which is 70% above its 10-year median of 7.96. GuruFocus rates NSE:REFEX with a GF Score™ of 89/100 and a GF Value™ of ₹294.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 97 Other Energy Sources companies, Refex Industries ranks worse than 57.73% 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.
Refex Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹26,383 Mil.
Refex Industries'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 ₹3,535 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.
Refex Industries EV-to-EBIT Related Terms
Refex Industries EV-to-EBIT Historical Data
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The historical data trend for Refex Industries'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 Thermal Coal subindustry, Refex Industries'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.
Refex Industries EV-to-EBIT vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Refex Industries's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Refex Industries's EV-to-EBIT falls into.
Refex Industries's current Enterprise Value is ₹47,857 Mil.
Refex Industries'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 ₹3,535 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.
Refex Industries (NSE:REFEX) has a EV-to-EBIT of 13.54 as of Jul. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Refex Industries and its competitors. This is 70% above median its historical median of 7.96. Over the past decade, Refex Industries' EV-to-EBIT has ranged from 0.79 to 46.80. According to the industry distribution chart, Refex Industries ranks #56 out of 97 companies in the Other Energy Sources industry, placing it in the top 57.7%.
Is Refex Industries' EV-to-EBIT too high?
Refex Industries' current EV-to-EBIT of 13.54 is 70% above median its 10-year median of 7.96. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 46.80. The Other Energy Sources industry median EV-to-EBIT is 10.99. Refex Industries' value of 13.54 is 23.2% above this industry median. Based on the distribution chart, Refex Industries ranks #56 out of 97 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Refex Industries has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Refex Industries' EV-to-EBIT compare to competitors?
According to the Other Energy Sources industry distribution chart, Refex Industries ranks #56 out of 97 companies for EV-to-EBIT. This places Refex Industries in the lower half of its industry. The industry median EV-to-EBIT is 10.99. Refex Industries' value of 13.54 is 23.2% above this benchmark. Historically, Refex Industries' own EV-to-EBIT has ranged from 0.79 to 46.80 over the past decade. While the company's 10-year median is 7.96 vs. the industry median of 10.99, Refex Industries 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 Other Energy Sources company?
The median EV-to-EBIT among Other Energy Sources companies is 10.99, based on 97 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. Refex Industries's current EV-to-EBIT of 13.54 is 23.2% 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 Refex Industries and its competitors. For the Other Energy Sources industry, the median EV-to-EBIT is 10.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refex Industries's current EV-to-EBIT is 13.54, which is 70% above median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refex Industries stock overvalued right now?
Based on GuruFocus' analysis, Refex Industries (NSE:REFEX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹294.45, compared to a current price of ₹344.75 — trading 17.1% above its estimated fair value. The current EV-to-EBIT is 13.54, which is 70% above median its 10-year median of 7.96 and 23.2% above the Other Energy Sources industry median of 10.99. Refex Industries' overall GF Score™ is 89/100 with 6 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 Refex Industries (NSE:REFEX), the current EV-to-EBIT is 13.54 as of Jul. 12, 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 Refex Industries (NSE:REFEX) Overvalued in 2026?
Based on GuruFocus' analysis, Refex Industries stock appears to be overvalued.
The current stock price of ₹344.75 is trading 17.1% above its estimated GF Value™ of ₹294.45.
GuruFocus considers Refex Industries to be Modestly Overvalued.
Key valuation signals for NSE:REFEX:
EV-to-EBIT: 13.54 (70% above median its 10-year median of 7.96)
GF Value™: ₹294.45 vs. price of ₹344.75 (17.1% above fair value)
Industry Position: 23.2% above the Other Energy Sources median (#56 of 97)
No single metric tells the full story. See the NSE:REFEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Services, Power Trading, and Others. Geographically, the business activities are operated throughout the region of India.
89GF Score
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