SRF (NSE:SRF) EV-to-EBIT: 27.16 (As of Aug. 29, 2026) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SRF SRF Ltd NSE:SRF
93 GF Score
Price ₹2,589.90
GF Value ₹3,156.68
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is SRF EV-to-EBIT?

SRF NSE:SRF -0.58% 93 EV-to-EBIT is 27.16 as of Aug. 29, 2026, which is 15% above its 10-year median of 23.64. GuruFocus rates NSE:SRF with a GF Score™ of 93/100 and a GF Value™ of ₹3,156.68 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 448 Conglomerates companies, SRF ranks worse than 84.38% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, SRF's Enterprise Value is ₹807,139 Mil. SRF's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹29,717 Mil. Therefore, SRF's EV-to-EBIT for today is 27.16.

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

NSE:SRF' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.03   Med: 23.64   Max: 50.08
Current: 27.16

During the past 13 years, the highest EV-to-EBIT of SRF was 50.08. The lowest was 11.03. And the median was 23.64.

NSE:SRF's EV-to-EBIT is ranked worse than
84.38% of 448 companies
in the Conglomerates industry
Industry Median: 11.56 vs NSE:SRF: 27.16

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. SRF's Enterprise Value for the quarter that ended in Jun. 2026 was ₹811,856 Mil. SRF's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹29,717 Mil. SRF's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.66%.


SRF  (NSE:SRF) 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) %.

SRF'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 )
=29717.3/811856.034
=3.66 %

SRF's Enterprise Value for the quarter that ended in Jun. 2026 was ₹811,856 Mil.
SRF'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 ₹29,717 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.


SRF EV-to-EBIT Related Terms


SRF EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for SRF'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.

SRF EV-to-EBIT Chart

SRF 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 30.83 25.10 40.70 44.24 29.92

SRF 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 41.88 34.89 35.64 29.92 27.32

NSE:SRF vs MMM, HON: EV-to-EBIT Comparison

For the Conglomerates subindustry, SRF'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.


SRF EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, SRF's EV-to-EBIT distribution charts can be found below:

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


NSE:SRF
93GF Score
SRF Ltd NSE:SRF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SRF EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=807139.464/29717.3
=27.16

SRF's current Enterprise Value is ₹807,139 Mil.
SRF'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 ₹29,717 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 27.16 mean?
SRF (NSE:SRF) has a EV-to-EBIT of 27.16 as of Aug. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on SRF and its competitors. This is 15% above median its historical median of 23.64. Over the past decade, SRF's EV-to-EBIT has ranged from 11.03 to 50.08. According to the industry distribution chart, SRF ranks #378 out of 448 companies in the Conglomerates industry, placing it in the top 84.4%.
Is SRF's EV-to-EBIT too high?
SRF's current EV-to-EBIT of 27.16 is 15% above median its 10-year median of 23.64. Over the past 10 years, this metric has ranged from a low of 11.03 to a high of 50.08. The Conglomerates industry median EV-to-EBIT is 11.56. SRF's value of 27.16 is 134.9% above this industry median. Based on the distribution chart, SRF ranks #378 out of 448 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, SRF has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SRF's EV-to-EBIT compare to MMM and HON?
According to the Conglomerates industry distribution chart, SRF ranks #378 out of 448 companies for EV-to-EBIT. This places SRF in the lower half of its industry. The industry median EV-to-EBIT is 11.56. SRF's value of 27.16 is 134.9% above this benchmark. Historically, SRF's own EV-to-EBIT has ranged from 11.03 to 50.08 over the past decade. While the company's 10-year median is 23.64 vs. the industry median of 11.56, SRF 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 Conglomerates company?
The median EV-to-EBIT among Conglomerates companies is 11.56, based on 448 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. SRF's current EV-to-EBIT of 27.16 is 134.9% 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 SRF and its competitors. For the Conglomerates industry, the median EV-to-EBIT is 11.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SRF's current EV-to-EBIT is 27.16, which is 15% above median its own 10-year median of 23.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRF stock overvalued right now?
Based on GuruFocus' analysis, SRF (NSE:SRF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,156.68, compared to a current price of ₹2,589.90 — trading 18% below its estimated fair value. The current EV-to-EBIT is 27.16, which is 15% above median its 10-year median of 23.64 and 134.9% above the Conglomerates industry median of 11.56. SRF's overall GF Score™ is 93/100 with 3 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 SRF (NSE:SRF), the current EV-to-EBIT is 27.16 as of Aug. 29, 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 SRF (NSE:SRF) Overvalued in 2026?

Based on GuruFocus' analysis, SRF stock appears to be undervalued. The current stock price of ₹2,589.90 is trading 18% below its estimated GF Value™ of ₹3,156.68. GuruFocus considers SRF to be Modestly Undervalued.

Key valuation signals for NSE:SRF:

  • EV-to-EBIT: 27.16 (15% above median its 10-year median of 23.64)
  • GF Value™: ₹3,156.68 vs. price of ₹2,589.90 (18% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 134.9% above the Conglomerates median (#378 of 448)

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


SRF Business Description

Other Exchanges 503806:India
Address Sector - 45, Block - C, Gurugram, HR, IND, 122003
SRF Ltd is manufacturing, purchase and sale of technical textiles, chemicals, packaging films and other polymers. It is a chemicals-based, multi-business conglomerate engaged in the manufacture of industrial and specialty intermediates. The company's key business segments are Chemical Business; Performance films and Foil Business, Technical Textile Business, Other Business - Laminated Fabrics and Coated Fabrics. The company generates majority if revenue from Chemical Business includes refrigerant gases, industrial chemicals, speciality chemicals, fluorochemicals & allied products and its research and development. It has presence in India, Germany, USA, Belgium, Switzerland, and Others. The company generates majority of revenue from India.
93GF Score

Get the complete analysis for NSE:SRF

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

₹2,589.90
Price
₹3,156.68
GF Value