Varvee Global (NSE:VGL) EV-to-EBIT: 15.98 (As of Aug. 06, 2026) — 818% Above Median

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NSE:VGL Varvee Global Ltd NSE:VGL
46 GF Score
Price ₹62.43
GF Value ₹22.42
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Varvee Global EV-to-EBIT?

Varvee Global NSE:VGL +1.79% 46 EV-to-EBIT is 15.98 as of Aug. 06, 2026, which is 818% above its 10-year median of 1.74. GuruFocus rates NSE:VGL with a GF Score™ of 46/100 and a GF Value™ of ₹22.42 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 809 Manufacturing - Apparel & Accessories companies, Varvee Global ranks worse than 59.46% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Varvee Global's Enterprise Value is ₹3,168.7 Mil. Varvee Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹198.3 Mil. Therefore, Varvee Global's EV-to-EBIT for today is 15.98.

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

NSE:VGL' s EV-to-EBIT Range Over the Past 10 Years
Min: -123.09   Med: 1.74   Max: 82.09
Current: 15.99

During the past 13 years, the highest EV-to-EBIT of Varvee Global was 82.09. The lowest was -123.09. And the median was 1.74.

NSE:VGL's EV-to-EBIT is ranked worse than
59.46% of 809 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 13.46 vs NSE:VGL: 15.99

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Varvee Global's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,337.0 Mil. Varvee Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹198.3 Mil. Varvee Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.49%.


Varvee Global  (NSE:VGL) 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) %.

Varvee Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=198.316/2337.024
=8.49 %

Varvee Global's Enterprise Value for the quarter that ended in Mar. 2026 was ₹2,337.0 Mil.
Varvee Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹198.3 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.


Varvee Global EV-to-EBIT Related Terms


Varvee Global EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Varvee Global'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.

Varvee Global EV-to-EBIT Chart

Varvee Global 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 -13.31 -8.46 -8.95 9.16 11.65

Varvee Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.16 22.10 59.06 13.47 11.65

Varvee Global EV-to-EBIT Competitor Comparison

For the Textile Manufacturing subindustry, Varvee Global'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.


Varvee Global EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Varvee Global's EV-to-EBIT distribution charts can be found below:

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


NSE:VGL
46GF Score
Varvee Global Ltd NSE:VGL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Varvee Global EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3168.682/198.316
=15.98

Varvee Global's current Enterprise Value is ₹3,168.7 Mil.
Varvee Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹198.3 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 15.98 mean?
Varvee Global (NSE:VGL) has a EV-to-EBIT of 15.98 as of Aug. 06, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Varvee Global and its competitors. This is 818% above median its historical median of 1.74. According to the industry distribution chart, Varvee Global ranks #481 out of 809 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.5%.
Is Varvee Global's EV-to-EBIT too high?
Varvee Global's current EV-to-EBIT of 15.98 is 818% above median its 10-year median of 1.74. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 13.46. Varvee Global's value of 15.98 is 18.7% above this industry median. Based on the distribution chart, Varvee Global ranks #481 out of 809 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Varvee Global has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varvee Global's EV-to-EBIT compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Varvee Global ranks #481 out of 809 companies for EV-to-EBIT. This places Varvee Global in the lower half of its industry. The industry median EV-to-EBIT is 13.46. Varvee Global's value of 15.98 is 18.7% above this benchmark. While the company's 10-year median is 1.74 vs. the industry median of 13.46, Varvee Global 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 13.46, based on 809 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. Varvee Global's current EV-to-EBIT of 15.98 is 18.7% 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 Varvee Global and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varvee Global's current EV-to-EBIT is 15.98, which is 818% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varvee Global stock overvalued right now?
Based on GuruFocus' analysis, Varvee Global (NSE:VGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.42, compared to a current price of ₹62.43 — trading 178.5% above its estimated fair value. The current EV-to-EBIT is 15.98, which is 818% above median its 10-year median of 1.74 and 18.7% above the Manufacturing - Apparel & Accessories industry median of 13.46. Varvee Global's overall GF Score™ is 46/100 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 Varvee Global (NSE:VGL), the current EV-to-EBIT is 15.98 as of Aug. 06, 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 Varvee Global (NSE:VGL) Overvalued in 2026?

Based on GuruFocus' analysis, Varvee Global stock appears to be overvalued. The current stock price of ₹62.43 is trading 178.5% above its estimated GF Value™ of ₹22.42. GuruFocus considers Varvee Global to be Significantly Overvalued.

Key valuation signals for NSE:VGL:

  • EV-to-EBIT: 15.98 (818% above median its 10-year median of 1.74)
  • GF Value™: ₹22.42 vs. price of ₹62.43 (178.5% above fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 18.7% above the Manufacturing - Apparel & Accessories median (#481 of 809)

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


Varvee Global Business Description

Other Exchanges 514274:India
Address 188/2, Ranipur Village, Opposite CNI Church, Narol, Ahmedabad, GJ, IND, 382 405
Varvee Global Ltd is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. Geographically, the company derives a majority of its revenue from India.
46GF Score

Get the complete analysis for NSE:VGL

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

₹62.43
Price
₹22.42
GF Value