SML Mahindra (NSE:SMLMAH) EV-to-EBIT: 43.06 (As of Sep. 13, 2026) — 99% Above Median

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NSE:SMLMAH SML Mahindra Ltd NSE:SMLMAH
66 GF Score
Price ₹6,583.00
GF Value ₹2,865.98
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is SML Mahindra EV-to-EBIT?

SML Mahindra NSE:SMLMAH +4.86% 66 EV-to-EBIT is 43.06 as of Sep. 13, 2026, which is 99% above its 10-year median of 21.60. GuruFocus rates NSE:SMLMAH with a GF Score™ of 66/100 and a GF Value™ of ₹2,865.98 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,086 Vehicles & Parts companies, SML Mahindra ranks worse than 88.31% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, SML Mahindra's Enterprise Value is ₹98,209 Mil. SML Mahindra's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,281 Mil. Therefore, SML Mahindra's EV-to-EBIT for today is 43.06.

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

NSE:SMLMAH' s EV-to-EBIT Range Over the Past 10 Years
Min: -58.22   Med: 21.6   Max: 4363.78
Current: 43.06

During the past 13 years, the highest EV-to-EBIT of SML Mahindra was 4363.78. The lowest was -58.22. And the median was 21.60.

NSE:SMLMAH's EV-to-EBIT is ranked worse than
88.31% of 1086 companies
in the Vehicles & Parts industry
Industry Median: 12.855 vs NSE:SMLMAH: 43.06

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. SML Mahindra's Enterprise Value for the quarter that ended in Jun. 2026 was ₹59,306 Mil. SML Mahindra's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,281 Mil. SML Mahindra's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.85%.


SML Mahindra  (NSE:SMLMAH) 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) %.

SML Mahindra'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 )
=2280.7/59306.256
=3.85 %

SML Mahindra's Enterprise Value for the quarter that ended in Jun. 2026 was ₹59,306 Mil.
SML Mahindra'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 ₹2,281 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.


SML Mahindra EV-to-EBIT Related Terms


SML Mahindra EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for SML Mahindra'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.

SML Mahindra EV-to-EBIT Chart

SML Mahindra 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 -12.64 34.50 23.25 13.48 24.61

SML Mahindra 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 14.11 22.04 24.46 24.61 25.99

NSE:SMLMAH vs TSLA, GM, F: EV-to-EBIT Comparison

For the Auto Manufacturers subindustry, SML Mahindra'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.


SML Mahindra EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SML Mahindra's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SML Mahindra's EV-to-EBIT falls into.


NSE:SMLMAH
66GF Score
SML Mahindra Ltd NSE:SMLMAH
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SML Mahindra EV-to-EBIT Calculation

SML Mahindra's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=98208.755/2280.7
=43.06

SML Mahindra's current Enterprise Value is ₹98,209 Mil.
SML Mahindra'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 ₹2,281 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 43.06 mean?
SML Mahindra (NSE:SMLMAH) has a EV-to-EBIT of 43.06 as of Sep. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on SML Mahindra and its competitors. This is 99% above median its historical median of 21.60. According to the industry distribution chart, SML Mahindra ranks #959 out of 1086 companies in the Vehicles & Parts industry, placing it in the top 88.3%.
Is SML Mahindra's EV-to-EBIT too high?
SML Mahindra's current EV-to-EBIT of 43.06 is 99% above median its 10-year median of 21.60. The Vehicles & Parts industry median EV-to-EBIT is 12.86. SML Mahindra's value of 43.06 is 235% above this industry median. Based on the distribution chart, SML Mahindra ranks #959 out of 1086 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, SML Mahindra has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SML Mahindra's EV-to-EBIT compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, SML Mahindra ranks #959 out of 1086 companies for EV-to-EBIT. This places SML Mahindra in the lower half of its industry. The industry median EV-to-EBIT is 12.86. SML Mahindra's value of 43.06 is 235% above this benchmark. While the company's 10-year median is 21.60 vs. the industry median of 12.86, SML Mahindra 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 Vehicles & Parts company?
The median EV-to-EBIT among Vehicles & Parts companies is 12.86, based on 1,086 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. SML Mahindra's current EV-to-EBIT of 43.06 is 235% 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 SML Mahindra and its competitors. For the Vehicles & Parts industry, the median EV-to-EBIT is 12.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SML Mahindra's current EV-to-EBIT is 43.06, which is 99% above median its own 10-year median of 21.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SML Mahindra stock overvalued right now?
Based on GuruFocus' analysis, SML Mahindra (NSE:SMLMAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,865.98, compared to a current price of ₹6,583.00 — trading 129.7% above its estimated fair value. The current EV-to-EBIT is 43.06, which is 99% above median its 10-year median of 21.60 and 235% above the Vehicles & Parts industry median of 12.86. SML Mahindra's overall GF Score™ is 66/100 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 SML Mahindra (NSE:SMLMAH), the current EV-to-EBIT is 43.06 as of Sep. 13, 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 SML Mahindra (NSE:SMLMAH) Overvalued in 2026?

Based on GuruFocus' analysis, SML Mahindra stock appears to be overvalued. The current stock price of ₹6,583.00 is trading 129.7% above its estimated GF Value™ of ₹2,865.98. GuruFocus considers SML Mahindra to be Significantly Overvalued.

Key valuation signals for NSE:SMLMAH:

  • EV-to-EBIT: 43.06 (99% above median its 10-year median of 21.60)
  • GF Value™: ₹2,865.98 vs. price of ₹6,583.00 (129.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 235% above the Vehicles & Parts median (#959 of 1086)

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


SML Mahindra Business Description

Other Exchanges 505192:India
Address SCO 204-205, Sector 34-A, Chandigarh, PB, IND, 160 022
SML Mahindra Ltd, formerly SML Isuzu Ltd is engaged in the business of manufacturing and selling of commercial vehicles including light and medium-duty trucks, buses, ambulances, and specialized vehicles. The company integrates Japanese technology with local manufacturing to offer reliable and cost-effective transportation solutions. Its product portfolio spans cargo trucks and passenger buses with variants that support different industries such as education, tourism, and corporate transport. Revenue is majorly generated through the sale of vehicles and after-sales services including telematics support. The company operates predominantly in India and exports to several countries across Africa and Asia.
66GF Score

Get the complete analysis for NSE:SMLMAH

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

₹6,583.00
Price
₹2,865.98
GF Value