Usha Martin (NSE:USHAMART) EV-to-EBIT: 28.45 (As of Jul. 30, 2026) — 137% Above Median

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NSE:USHAMART Usha Martin Ltd NSE:USHAMART
80 GF Score
Price ₹511.35
GF Value ₹414.27
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Usha Martin EV-to-EBIT?

Usha Martin NSE:USHAMART -0.19% 80 EV-to-EBIT is 28.45 as of Jul. 30, 2026, which is 137% above its 10-year median of 12.00. GuruFocus rates NSE:USHAMART with a GF Score™ of 80/100 and a GF Value™ of ₹414.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 492 Steel companies, Usha Martin ranks worse than 79.27% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Usha Martin's Enterprise Value is ₹153,205 Mil. Usha Martin's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹5,384 Mil. Therefore, Usha Martin's EV-to-EBIT for today is 28.45.

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

NSE:USHAMART' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.72   Med: 12   Max: 31.45
Current: 28.45

During the past 13 years, the highest EV-to-EBIT of Usha Martin was 31.45. The lowest was 1.72. And the median was 12.00.

NSE:USHAMART's EV-to-EBIT is ranked worse than
79.27% of 492 companies
in the Steel industry
Industry Median: 12.975 vs NSE:USHAMART: 28.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Usha Martin's Enterprise Value for the quarter that ended in Jun. 2026 was ₹151,256 Mil. Usha Martin's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹5,384 Mil. Usha Martin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.56%.


Usha Martin  (NSE:USHAMART) 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) %.

Usha Martin'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 )
=5384.4/151256.36
=3.56 %

Usha Martin's Enterprise Value for the quarter that ended in Jun. 2026 was ₹151,256 Mil.
Usha Martin'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 ₹5,384 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.


Usha Martin EV-to-EBIT Related Terms


Usha Martin EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Usha Martin'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.

Usha Martin EV-to-EBIT Chart

Usha Martin 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 11.31 14.04 17.35 18.78 17.71

Usha Martin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 18.78 21.13 25.75 17.71 28.10

NSE:USHAMART vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Usha Martin'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.


Usha Martin EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Usha Martin's EV-to-EBIT distribution charts can be found below:

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


NSE:USHAMART
80GF Score
Usha Martin Ltd NSE:USHAMART
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usha Martin EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=153205.223/5384.4
=28.45

Usha Martin's current Enterprise Value is ₹153,205 Mil.
Usha Martin'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 ₹5,384 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 28.45 mean?
Usha Martin (NSE:USHAMART) has a EV-to-EBIT of 28.45 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Usha Martin and its competitors. This is 137% above median its historical median of 12.00. Over the past decade, Usha Martin's EV-to-EBIT has ranged from 1.72 to 31.45. According to the industry distribution chart, Usha Martin ranks #390 out of 492 companies in the Steel industry, placing it in the top 79.3%.
Is Usha Martin's EV-to-EBIT too high?
Usha Martin's current EV-to-EBIT of 28.45 is 137% above median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 31.45. The Steel industry median EV-to-EBIT is 12.98. Usha Martin's value of 28.45 is 119.3% above this industry median. Based on the distribution chart, Usha Martin ranks #390 out of 492 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Usha Martin has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usha Martin's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Usha Martin ranks #390 out of 492 companies for EV-to-EBIT. This places Usha Martin in the lower half of its industry. The industry median EV-to-EBIT is 12.98. Usha Martin's value of 28.45 is 119.3% above this benchmark. Historically, Usha Martin's own EV-to-EBIT has ranged from 1.72 to 31.45 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 12.98, Usha Martin 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 Steel company?
The median EV-to-EBIT among Steel companies is 12.98, based on 492 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. Usha Martin's current EV-to-EBIT of 28.45 is 119.3% 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 Usha Martin and its competitors. For the Steel industry, the median EV-to-EBIT is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Martin's current EV-to-EBIT is 28.45, which is 137% above median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usha Martin stock overvalued right now?
Based on GuruFocus' analysis, Usha Martin (NSE:USHAMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹414.27, compared to a current price of ₹511.35 — trading 23.4% above its estimated fair value. The current EV-to-EBIT is 28.45, which is 137% above median its 10-year median of 12.00 and 119.3% above the Steel industry median of 12.98. Usha Martin's overall GF Score™ is 80/100 with 4 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 Usha Martin (NSE:USHAMART), the current EV-to-EBIT is 28.45 as of Jul. 30, 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 Usha Martin (NSE:USHAMART) Overvalued in 2026?

Based on GuruFocus' analysis, Usha Martin stock appears to be overvalued. The current stock price of ₹511.35 is trading 23.4% above its estimated GF Value™ of ₹414.27. GuruFocus considers Usha Martin to be Modestly Overvalued.

Key valuation signals for NSE:USHAMART:

  • EV-to-EBIT: 28.45 (137% above median its 10-year median of 12.00)
  • GF Value™: ₹414.27 vs. price of ₹511.35 (23.4% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 119.3% above the Steel median (#390 of 492)

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


Usha Martin Business Description

Other Exchanges 517146:India
Address 2A, Shakespeare Sarani, Mangal Kalash, Kolkata, WB, IND, 700 071
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India and also has its presence outside India.
80GF Score

Get the complete analysis for NSE:USHAMART

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

₹511.35
Price
₹414.27
GF Value