Happy Square Outsourcing Services (NSE:WHITEFORCE) EV-to-EBIT: 7.92 (As of Jul. 23, 2026) — 15% Below Median

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NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
Price ₹46.40
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What is Happy Square Outsourcing Services EV-to-EBIT?

Happy Square Outsourcing Services NSE:WHITEFORCE -4.92% 18 EV-to-EBIT is 7.92 as of Jul. 23, 2026, which is 15% below its 10-year median of 9.29. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 853 Business Services companies, Happy Square Outsourcing Services ranks better than 66% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Happy Square Outsourcing Services's Enterprise Value is ₹544 Mil. Happy Square Outsourcing Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹69 Mil. Therefore, Happy Square Outsourcing Services's EV-to-EBIT for today is 7.92.

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

NSE:WHITEFORCE' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.65   Med: 9.29   Max: 12.58
Current: 7.92

During the past 4 years, the highest EV-to-EBIT of Happy Square Outsourcing Services was 12.58. The lowest was 5.65. And the median was 9.29.

NSE:WHITEFORCE's EV-to-EBIT is ranked better than
66% of 853 companies
in the Business Services industry
Industry Median: 11.25 vs NSE:WHITEFORCE: 7.92

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Happy Square Outsourcing Services's Enterprise Value for the quarter that ended in Mar. 2026 was ₹389 Mil. Happy Square Outsourcing Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹69 Mil. Happy Square Outsourcing Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.68%.


Happy Square Outsourcing Services  (NSE:WHITEFORCE) 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) %.

Happy Square Outsourcing Services'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 )
=68.756/388.805
=17.68 %

Happy Square Outsourcing Services's Enterprise Value for the quarter that ended in Mar. 2026 was ₹389 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹69 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.


Happy Square Outsourcing Services EV-to-EBIT Related Terms


Happy Square Outsourcing Services EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services EV-to-EBIT Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
0.00 0.00 0.00 5.65

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBIT Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 5.65

NSE:WHITEFORCE vs KFY, RHI, TNET: EV-to-EBIT Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.


Happy Square Outsourcing Services EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's EV-to-EBIT falls into.


NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services EV-to-EBIT Calculation

Happy Square Outsourcing Services's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=544.264/68.756
=7.92

Happy Square Outsourcing Services's current Enterprise Value is ₹544 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹69 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 7.92 mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a EV-to-EBIT of 7.92 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Happy Square Outsourcing Services and its competitors. This is 15% below median its historical median of 9.29. Over the past decade, Happy Square Outsourcing Services' EV-to-EBIT has ranged from 5.65 to 12.58. According to the industry distribution chart, Happy Square Outsourcing Services ranks #290 out of 853 companies in the Business Services industry, placing it in the top 34%.
Is Happy Square Outsourcing Services' EV-to-EBIT too high?
Happy Square Outsourcing Services' current EV-to-EBIT of 7.92 is 15% below median its 10-year median of 9.29. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 12.58. The Business Services industry median EV-to-EBIT is 11.25. Happy Square Outsourcing Services' value of 7.92 is 29.6% below this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #290 out of 853 companies in the Business Services industry, which is above the industry midpoint. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' EV-to-EBIT compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #290 out of 853 companies for EV-to-EBIT. This puts Happy Square Outsourcing Services in the upper half of its industry. The industry median EV-to-EBIT is 11.25. Happy Square Outsourcing Services' value of 7.92 is 29.6% below this benchmark. Historically, Happy Square Outsourcing Services' own EV-to-EBIT has ranged from 5.65 to 12.58 over the past decade. While the company's 10-year median is 9.29 vs. the industry median of 11.25, Happy Square Outsourcing Services 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 Business Services company?
The median EV-to-EBIT among Business Services companies is 11.25, based on 853 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. Happy Square Outsourcing Services's current EV-to-EBIT of 7.92 is 29.6% 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 Happy Square Outsourcing Services and its competitors. For the Business Services industry, the median EV-to-EBIT is 11.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current EV-to-EBIT is 7.92, which is 15% below median its own 10-year median of 9.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current EV-to-EBIT of 7.92. The current EV-to-EBIT is 7.92, which is 15% below median its 10-year median of 9.29 and 29.6% below the Business Services industry median of 11.25. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current EV-to-EBIT is 7.92 as of Jul. 23, 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.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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