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Vardhman Special SteelsNSE:VSSL +0.17%75 EV-to-EBIT is 15.32 as of Jul. 16, 2026, which is 27% above its 10-year median of 12.02. GuruFocus rates NSE:VSSL with a GF Score™ of 75/100 and a GF Value™ of ₹223.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 489 Steel companies, Vardhman Special Steels ranks worse than 57.06% on this metric.
Vardhman Special Steels (NSE:VSSL) 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.
Vardhman Special Steels's Enterprise Value for the quarter that ended in Mar. 2026 was ₹18,549 Mil.
Vardhman Special Steels'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 ₹1,760 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.
Vardhman Special Steels EV-to-EBIT Related Terms
Vardhman Special Steels EV-to-EBIT Historical Data
* 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 Steel subindustry, Vardhman Special Steels'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.
Vardhman Special Steels EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, Vardhman Special Steels's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Vardhman Special Steels's EV-to-EBIT falls into.
Vardhman Special Steels's current Enterprise Value is ₹26,950 Mil.
Vardhman Special Steels'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 ₹1,760 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.
Vardhman Special Steels (NSE:VSSL) has a EV-to-EBIT of 15.32 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Vardhman Special Steels and its competitors. This is 27% above median its historical median of 12.02. According to the industry distribution chart, Vardhman Special Steels ranks #279 out of 489 companies in the Steel industry, placing it in the top 57.1%.
Is Vardhman Special Steels' EV-to-EBIT too high?
Vardhman Special Steels' current EV-to-EBIT of 15.32 is 27% above median its 10-year median of 12.02. The Steel industry median EV-to-EBIT is 13.33. Vardhman Special Steels' value of 15.32 is 14.9% above this industry median. Based on the distribution chart, Vardhman Special Steels ranks #279 out of 489 companies in the Steel industry, which is below the industry midpoint. Overall, Vardhman Special Steels has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #279 out of 489 companies for EV-to-EBIT. This places Vardhman Special Steels in the lower half of its industry. The industry median EV-to-EBIT is 13.33. Vardhman Special Steels' value of 15.32 is 14.9% above this benchmark. While the company's 10-year median is 12.02 vs. the industry median of 13.33, Vardhman Special Steels 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 13.33, based on 489 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. Vardhman Special Steels's current EV-to-EBIT of 15.32 is 14.9% 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 Vardhman Special Steels and its competitors. For the Steel industry, the median EV-to-EBIT is 13.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Special Steels's current EV-to-EBIT is 15.32, which is 27% above median its own 10-year median of 12.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Special Steels stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Special Steels (NSE:VSSL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹223.60, compared to a current price of ₹296.10 — trading 32.4% above its estimated fair value. The current EV-to-EBIT is 15.32, which is 27% above median its 10-year median of 12.02 and 14.9% above the Steel industry median of 13.33. Vardhman Special Steels' overall GF Score™ is 75/100 with 7 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 Vardhman Special Steels (NSE:VSSL), the current EV-to-EBIT is 15.32 as of Jul. 16, 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 Vardhman Special Steels (NSE:VSSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Special Steels stock appears to be overvalued.
The current stock price of ₹296.10 is trading 32.4% above its estimated GF Value™ of ₹223.60.
GuruFocus considers Vardhman Special Steels to be Significantly Overvalued.
Key valuation signals for NSE:VSSL:
EV-to-EBIT: 15.32 (27% above median its 10-year median of 12.02)
GF Value™: ₹223.60 vs. price of ₹296.10 (32.4% above fair value)
Industry Position: 14.9% above the Steel median (#279 of 489)
No single metric tells the full story. See the NSE:VSSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.
75GF Score
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