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SP RefractoriesNSE:SPRL 77 EV-to-EBIT is 5.15 as of Aug. 09, 2026, which is 51% below its 10-year median of 10.61. GuruFocus rates NSE:SPRL with a GF Score™ of 77/100 and a GF Value™ of ₹131.79 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 321 Building Materials companies, SP Refractories ranks better than 87.23% 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.
SP Refractories's Enterprise Value for the quarter that ended in Mar. 2026 was ₹217.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SP Refractories's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹48.9 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.
SP Refractories EV-to-EBIT Related Terms
SP Refractories EV-to-EBIT Historical Data
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The historical data trend for SP Refractories'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 Building Materials subindustry, SP Refractories'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.
SP Refractories EV-to-EBIT vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, SP Refractories's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where SP Refractories's EV-to-EBIT falls into.
SP Refractories's current Enterprise Value is ₹251.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SP Refractories's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹48.9 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.
SP Refractories (NSE:SPRL) has a EV-to-EBIT of 5.15 as of Aug. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on SP Refractories and its competitors. This is 51% below median its historical median of 10.61. Over the past decade, SP Refractories' EV-to-EBIT has ranged from 3.07 to 28.01. According to the industry distribution chart, SP Refractories ranks #41 out of 321 companies in the Building Materials industry, placing it in the top 12.8%.
Is SP Refractories' EV-to-EBIT too high?
SP Refractories' current EV-to-EBIT of 5.15 is 51% below median its 10-year median of 10.61. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 28.01. The Building Materials industry median EV-to-EBIT is 13.30. SP Refractories' value of 5.15 is 61.3% below this industry median. Based on the distribution chart, SP Refractories ranks #41 out of 321 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, SP Refractories has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SP Refractories' EV-to-EBIT compare to CRH and VMC?
According to the Building Materials industry distribution chart, SP Refractories ranks #41 out of 321 companies for EV-to-EBIT. This places SP Refractories in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.30. SP Refractories' value of 5.15 is 61.3% below this benchmark. Historically, SP Refractories' own EV-to-EBIT has ranged from 3.07 to 28.01 over the past decade. While the company's 10-year median is 10.61 vs. the industry median of 13.30, SP Refractories has consistently been below 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 Building Materials company?
The median EV-to-EBIT among Building Materials companies is 13.30, based on 321 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. SP Refractories's current EV-to-EBIT of 5.15 is 61.3% below 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 SP Refractories and its competitors. For the Building Materials industry, the median EV-to-EBIT is 13.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Refractories's current EV-to-EBIT is 5.15, which is 51% below median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Refractories stock overvalued right now?
Based on GuruFocus' analysis, SP Refractories (NSE:SPRL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹131.79, compared to a current price of ₹101.95 — trading 22.6% below its estimated fair value. The current EV-to-EBIT is 5.15, which is 51% below median its 10-year median of 10.61 and 61.3% below the Building Materials industry median of 13.30. SP Refractories' overall GF Score™ is 77/100 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 SP Refractories (NSE:SPRL), the current EV-to-EBIT is 5.15 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 SP Refractories (NSE:SPRL) Overvalued in 2026?
Based on GuruFocus' analysis, SP Refractories stock appears to be undervalued.
The current stock price of ₹101.95 is trading 22.6% below its estimated GF Value™ of ₹131.79.
GuruFocus considers SP Refractories to be Modestly Undervalued.
Key valuation signals for NSE:SPRL:
EV-to-EBIT: 5.15 (51% below median its 10-year median of 10.61)
GF Value™: ₹131.79 vs. price of ₹101.95 (22.6% below fair value)
Industry Position: 61.3% below the Building Materials median (#41 of 321)
No single metric tells the full story. See the NSE:SPRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.
77GF Score
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