ZF Steering Gear (India) (NSE:ZFSTEERING) EV-to-EBIT: 17.55 (As of Sep. 21, 2026) — 34% Below 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:ZFSTEERING ZF Steering Gear (India) Ltd NSE:ZFSTEERING
77 GF Score
Price ₹697.85
GF Value ₹1,280.71
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is ZF Steering Gear (India) EV-to-EBIT?

ZF Steering Gear (India) NSE:ZFSTEERING +0.47% 77 EV-to-EBIT is 17.55 as of Sep. 21, 2026, which is 34% below its 10-year median of 26.54. GuruFocus rates NSE:ZFSTEERING with a GF Score™ of 77/100 and a GF Value™ of ₹1,280.71 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,086 Vehicles & Parts companies, ZF Steering Gear (India) ranks worse than 62.71% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ZF Steering Gear (India)'s Enterprise Value is ₹7,322 Mil. ZF Steering Gear (India)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹417 Mil. Therefore, ZF Steering Gear (India)'s EV-to-EBIT for today is 17.55.

The historical rank and industry rank for ZF Steering Gear (India)'s EV-to-EBIT or its related term are showing as below:

NSE:ZFSTEERING' s EV-to-EBIT Range Over the Past 10 Years
Min: -52.74   Med: 26.54   Max: 88.38
Current: 17.55

During the past 13 years, the highest EV-to-EBIT of ZF Steering Gear (India) was 88.38. The lowest was -52.74. And the median was 26.54.

NSE:ZFSTEERING's EV-to-EBIT is ranked worse than
62.71% of 1086 companies
in the Vehicles & Parts industry
Industry Median: 12.825 vs NSE:ZFSTEERING: 17.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ZF Steering Gear (India)'s Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil. ZF Steering Gear (India)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹417 Mil. ZF Steering Gear (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


ZF Steering Gear (India)  (NSE:ZFSTEERING) 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) %.

ZF Steering Gear (India)'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 )
=417.1/
= %

ZF Steering Gear (India)'s Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil.
ZF Steering Gear (India)'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 ₹417 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.


ZF Steering Gear (India) EV-to-EBIT Related Terms


ZF Steering Gear (India) EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for ZF Steering Gear (India)'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.

ZF Steering Gear (India) EV-to-EBIT Chart

ZF Steering Gear (India) 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 13.22 11.60 15.30 32.05 17.06

ZF Steering Gear (India) 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 - 44.29 - 17.06 -

NSE:ZFSTEERING vs ORLY, AZO, GPC: EV-to-EBIT Comparison

For the Auto Parts subindustry, ZF Steering Gear (India)'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.


ZF Steering Gear (India) EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Steering Gear (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ZF Steering Gear (India)'s EV-to-EBIT falls into.


NSE:ZFSTEERING
77GF Score
ZF Steering Gear (India) Ltd NSE:ZFSTEERING
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZF Steering Gear (India) EV-to-EBIT Calculation

ZF Steering Gear (India)'s EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7321.822/417.1
=17.55

ZF Steering Gear (India)'s current Enterprise Value is ₹7,322 Mil.
ZF Steering Gear (India)'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 ₹417 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 17.55 mean?
ZF Steering Gear (India) (NSE:ZFSTEERING) has a EV-to-EBIT of 17.55 as of Sep. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ZF Steering Gear (India) and its competitors. This is 34% below median its historical median of 26.54. According to the industry distribution chart, ZF Steering Gear (India) ranks #681 out of 1086 companies in the Vehicles & Parts industry, placing it in the top 62.7%.
Is ZF Steering Gear (India)'s EV-to-EBIT too high?
ZF Steering Gear (India)'s current EV-to-EBIT of 17.55 is 34% below median its 10-year median of 26.54. The Vehicles & Parts industry median EV-to-EBIT is 12.83. ZF Steering Gear (India)'s value of 17.55 is 36.8% above this industry median. Based on the distribution chart, ZF Steering Gear (India) ranks #681 out of 1086 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, ZF Steering Gear (India) has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZF Steering Gear (India)'s EV-to-EBIT compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ZF Steering Gear (India) ranks #681 out of 1086 companies for EV-to-EBIT. This places ZF Steering Gear (India) in the lower half of its industry. The industry median EV-to-EBIT is 12.83. ZF Steering Gear (India)'s value of 17.55 is 36.8% above this benchmark. While the company's 10-year median is 26.54 vs. the industry median of 12.83, ZF Steering Gear (India) 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 Vehicles & Parts company?
The median EV-to-EBIT among Vehicles & Parts companies is 12.83, based on 1,086 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. ZF Steering Gear (India)'s current EV-to-EBIT of 17.55 is 36.8% 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 ZF Steering Gear (India) and its competitors. For the Vehicles & Parts industry, the median EV-to-EBIT is 12.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZF Steering Gear (India)'s current EV-to-EBIT is 17.55, which is 34% below median its own 10-year median of 26.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZF Steering Gear (India) stock overvalued right now?
Based on GuruFocus' analysis, ZF Steering Gear (India) (NSE:ZFSTEERING) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,280.71, compared to a current price of ₹697.85 — trading 45.5% below its estimated fair value. The current EV-to-EBIT is 17.55, which is 34% below median its 10-year median of 26.54 and 36.8% above the Vehicles & Parts industry median of 12.83. ZF Steering Gear (India)'s overall GF Score™ is 77/100 with 1 warning sign 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 ZF Steering Gear (India) (NSE:ZFSTEERING), the current EV-to-EBIT is 17.55 as of Sep. 21, 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 ZF Steering Gear (India) (NSE:ZFSTEERING) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Steering Gear (India) stock appears to be undervalued. The current stock price of ₹697.85 is trading 45.5% below its estimated GF Value™ of ₹1,280.71. GuruFocus considers ZF Steering Gear (India) to be Significantly Undervalued.

Key valuation signals for NSE:ZFSTEERING:

  • EV-to-EBIT: 17.55 (34% below median its 10-year median of 26.54)
  • GF Value™: ₹1,280.71 vs. price of ₹697.85 (45.5% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 36.8% above the Vehicles & Parts median (#681 of 1086)

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


ZF Steering Gear (India) Business Description

Other Exchanges 505163:India
Address Gat No. 1242 and 1244, Village Vadu Budruk, Near Koregaon Bhima, Taluka - Shirur, Pune, MH, IND, 412 216
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.
77GF Score

Get the complete analysis for NSE:ZFSTEERING

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

₹697.85
Price
₹1,280.71
GF Value