Safari Industries (India) (NSE:SAFARI) EV-to-EBIT: 33.48 (As of Sep. 15, 2026) — 33% Below Median

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NSE:SAFARI Safari Industries (India) Ltd NSE:SAFARI
74 GF Score
Price ₹1,544.70
GF Value ₹2,749.67
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Safari Industries (India) EV-to-EBIT?

Safari Industries (India) NSE:SAFARI +2.87% 74 EV-to-EBIT is 33.48 as of Sep. 15, 2026, which is 33% below its 10-year median of 49.87. GuruFocus rates NSE:SAFARI with a GF Score™ of 74/100 and a GF Value™ of ₹2,749.67 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 831 Manufacturing - Apparel & Accessories companies, Safari Industries (India) ranks worse than 83.39% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Safari Industries (India)'s Enterprise Value is ₹73,969 Mil. Safari Industries (India)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,209 Mil. Therefore, Safari Industries (India)'s EV-to-EBIT for today is 33.48.

The historical rank and industry rank for Safari Industries (India)'s EV-to-EBIT or its related term are showing as below:

NSE:SAFARI' s EV-to-EBIT Range Over the Past 10 Years
Min: -88.13   Med: 49.87   Max: 1038.71
Current: 33.48

During the past 13 years, the highest EV-to-EBIT of Safari Industries (India) was 1038.71. The lowest was -88.13. And the median was 49.87.

NSE:SAFARI's EV-to-EBIT is ranked worse than
83.39% of 831 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 12.68 vs NSE:SAFARI: 33.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Safari Industries (India)'s Enterprise Value for the quarter that ended in Jun. 2026 was ₹78,101 Mil. Safari Industries (India)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,209 Mil. Safari Industries (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.83%.


Safari Industries (India)  (NSE:SAFARI) 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) %.

Safari Industries (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=2209.2/78101.218
=2.83 %

Safari Industries (India)'s Enterprise Value for the quarter that ended in Jun. 2026 was ₹78,101 Mil.
Safari Industries (India)'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 ₹2,209 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.


Safari Industries (India) EV-to-EBIT Related Terms


Safari Industries (India) EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Safari Industries (India)'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.

Safari Industries (India) EV-to-EBIT Chart

Safari Industries (India) 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 63.60 28.38 34.27 49.20 30.44

Safari Industries (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 52.20 47.18 47.20 30.44 35.29

NSE:SAFARI vs NKE, DECK, ONON: EV-to-EBIT Comparison

For the Footwear & Accessories subindustry, Safari Industries (India)'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.


Safari Industries (India) EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safari Industries (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Safari Industries (India)'s EV-to-EBIT falls into.


NSE:SAFARI
74GF Score
Safari Industries (India) Ltd NSE:SAFARI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safari Industries (India) EV-to-EBIT Calculation

Safari Industries (India)'s EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=73968.941/2209.2
=33.48

Safari Industries (India)'s current Enterprise Value is ₹73,969 Mil.
Safari Industries (India)'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 ₹2,209 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 33.48 mean?
Safari Industries (India) (NSE:SAFARI) has a EV-to-EBIT of 33.48 as of Sep. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Safari Industries (India) and its competitors. This is 33% below median its historical median of 49.87. According to the industry distribution chart, Safari Industries (India) ranks #693 out of 831 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.4%.
Is Safari Industries (India)'s EV-to-EBIT too high?
Safari Industries (India)'s current EV-to-EBIT of 33.48 is 33% below median its 10-year median of 49.87. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 12.68. Safari Industries (India)'s value of 33.48 is 164% above this industry median. Based on the distribution chart, Safari Industries (India) ranks #693 out of 831 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Safari Industries (India) has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safari Industries (India)'s EV-to-EBIT compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Safari Industries (India) ranks #693 out of 831 companies for EV-to-EBIT. This places Safari Industries (India) in the lower half of its industry. The industry median EV-to-EBIT is 12.68. Safari Industries (India)'s value of 33.48 is 164% above this benchmark. While the company's 10-year median is 49.87 vs. the industry median of 12.68, Safari Industries (India) 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 12.68, based on 831 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. Safari Industries (India)'s current EV-to-EBIT of 33.48 is 164% 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 Safari Industries (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 12.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safari Industries (India)'s current EV-to-EBIT is 33.48, which is 33% below median its own 10-year median of 49.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safari Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Safari Industries (India) (NSE:SAFARI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,749.67, compared to a current price of ₹1,544.70 — trading 43.8% below its estimated fair value. The current EV-to-EBIT is 33.48, which is 33% below median its 10-year median of 49.87 and 164% above the Manufacturing - Apparel & Accessories industry median of 12.68. Safari Industries (India)'s overall GF Score™ is 74/100 with 2 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 Safari Industries (India) (NSE:SAFARI), the current EV-to-EBIT is 33.48 as of Sep. 15, 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 Safari Industries (India) (NSE:SAFARI) Overvalued in 2026?

Based on GuruFocus' analysis, Safari Industries (India) stock appears to be undervalued. The current stock price of ₹1,544.70 is trading 43.8% below its estimated GF Value™ of ₹2,749.67. GuruFocus considers Safari Industries (India) to be Significantly Undervalued.

Key valuation signals for NSE:SAFARI:

  • EV-to-EBIT: 33.48 (33% below median its 10-year median of 49.87)
  • GF Value™: ₹2,749.67 vs. price of ₹1,544.70 (43.8% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 164% above the Manufacturing - Apparel & Accessories median (#693 of 831)

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


Safari Industries (India) Business Description

Other Exchanges 523025:India
Address A/2, MV Road, 302-303, A Wing, The Qube, CTS No. 1498, Marol, Andheri (East), Mumbai, MH, IND, 400059
Safari Industries (India) Ltd is an India-based company engaged in the manufacturing and marketing of luggage and luggage accessories. The company offers Hard luggage cases and Soft luggage cases. The company's product range includes Laptop bags, Backpacks, suitcases, four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, and others.
74GF Score

Get the complete analysis for NSE:SAFARI

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

₹1,544.70
Price
₹2,749.67
GF Value