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NextNXGPF 90 EV-to-EBIT is 14.50 as of Aug. 01, 2026, which is 23% above its 10-year median of 11.80. GuruFocus rates NXGPF with a GF Score™ of 90/100 and a GF Value™ of $174.01 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 880 Retail - Cyclical companies, Next ranks worse than 55.8% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Next's Enterprise Value is $25,272 Mil.
Next's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was $1,743 Mil. Therefore, Next's EV-to-EBIT for today is 14.50.
The historical rank and industry rank for Next's EV-to-EBIT or its related term are showing as below:
NXGPF'
s EV-to-EBIT Range Over the Past 10 Years
Min: 7.49 Med: 11.8 Max: 28.2
Current: 14.74
During the past 13 years, the highest EV-to-EBIT of Next was 28.20. The lowest was 7.49. And the median was 11.80.
NXGPF's EV-to-EBIT is ranked worse than 55.8% of 880
companies
in the Retail - Cyclical industry
Industry Median: 13.64
vs NXGPF: 14.74
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.
Next's Enterprise Value for the quarter that ended in Jan. 2026 was $24,432 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Next's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was $1,743 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.
Next EV-to-EBIT Related Terms
Next EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Next'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.
For the Apparel Retail subindustry, Next'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.
Next EV-to-EBIT vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Next's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Next's EV-to-EBIT falls into.
Next's current Enterprise Value is $25,272 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Next's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was $1,743 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.
Next (NXGPF) has a EV-to-EBIT of 14.50 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Next and its competitors. This is 23% above median its historical median of 11.80. Over the past decade, Next's EV-to-EBIT has ranged from 7.49 to 28.20. According to the industry distribution chart, Next ranks #491 out of 880 companies in the Retail - Cyclical industry, placing it in the top 55.8%.
Is Next's EV-to-EBIT too high?
Next's current EV-to-EBIT of 14.50 is 23% above median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 7.49 to a high of 28.20. The Retail - Cyclical industry median EV-to-EBIT is 13.64. Next's value of 14.50 is 6.3% above this industry median. Based on the distribution chart, Next ranks #491 out of 880 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Next has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's EV-to-EBIT compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Next ranks #491 out of 880 companies for EV-to-EBIT. This places Next in the lower half of its industry. The industry median EV-to-EBIT is 13.64. Next's value of 14.50 is 6.3% above this benchmark. Historically, Next's own EV-to-EBIT has ranged from 7.49 to 28.20 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 13.64, Next 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 Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.64, based on 880 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. Next's current EV-to-EBIT of 14.50 is 6.3% 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 Next and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next's current EV-to-EBIT is 14.50, which is 23% above median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $174.01, compared to a current price of $205.01 — trading 17.8% above its estimated fair value. The current EV-to-EBIT is 14.50, which is 23% above median its 10-year median of 11.80 and 6.3% above the Retail - Cyclical industry median of 13.64. Next's overall GF Score™ is 90/100 with 2 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 Next (NXGPF), the current EV-to-EBIT is 14.50 as of Aug. 01, 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 Next (NXGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Next stock appears to be overvalued.
The current stock price of $205.01 is trading 17.8% above its estimated GF Value™ of $174.01.
GuruFocus considers Next to be Modestly Overvalued.
Key valuation signals for NXGPF:
EV-to-EBIT: 14.50 (23% above median its 10-year median of 11.80)
GF Value™: $174.01 vs. price of $205.01 (17.8% above fair value)
Industry Position: 6.3% above the Retail - Cyclical median (#491 of 880)
No single metric tells the full story. See the NXGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
90GF Score
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