Alpex Solar (NSE:ALPEXSOLAR) EV-to-EBITDA: 8.09 (As of Sep. 10, 2026) — 50% Below Median

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NSE:ALPEXSOLAR Alpex Solar Ltd NSE:ALPEXSOLAR
62 GF Score
Price ₹920.75
GF Value ₹2,878.43
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Alpex Solar EV-to-EBITDA?

Alpex Solar NSE:ALPEXSOLAR -0.45% 62 EV-to-EBITDA is 8.09 as of Sep. 10, 2026, which is 50% below its 10-year median of 16.28. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 62/100 and a GF Value™ of ₹2,878.43 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 775 Semiconductors companies, Alpex Solar ranks better than 79.48% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Alpex Solar's enterprise value is ₹27,578 Mil. Alpex Solar's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,410 Mil. Therefore, Alpex Solar's EV-to-EBITDA for today is 8.09.

The historical rank and industry rank for Alpex Solar's EV-to-EBITDA or its related term are showing as below:

NSE:ALPEXSOLAR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.82   Med: 16.28   Max: 116.97
Current: 8.09

During the past 6 years, the highest EV-to-EBITDA of Alpex Solar was 116.97. The lowest was 5.82. And the median was 16.28.

NSE:ALPEXSOLAR's EV-to-EBITDA is ranked better than
79.48% of 775 companies
in the Semiconductors industry
Industry Median: 21.94 vs NSE:ALPEXSOLAR: 8.09

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-10), Alpex Solar's stock price is ₹920.75. Alpex Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹79.160. Therefore, Alpex Solar's PE Ratio (TTM) for today is 11.63.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Alpex Solar  (NSE:ALPEXSOLAR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Alpex Solar's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=920.75/79.160
=11.63

Alpex Solar's share price for today is ₹920.75.
Alpex Solar's Earnings per Share (Diluted) 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 ₹79.160.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Alpex Solar EV-to-EBITDA Related Terms


Alpex Solar EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Alpex Solar's EV-to-EBITDA 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.

Alpex Solar EV-to-EBITDA Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 19.01 11.08 7.10

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 14.64 12.14 7.24 7.10 6.63

NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: EV-to-EBITDA Comparison

For the Solar subindustry, Alpex Solar's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Alpex Solar EV-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Alpex Solar's EV-to-EBITDA falls into.


NSE:ALPEXSOLAR
62GF Score
Alpex Solar Ltd NSE:ALPEXSOLAR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpex Solar EV-to-EBITDA Calculation

Alpex Solar's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=27578.055/3410.196
=8.09

Alpex Solar's current Enterprise Value is ₹27,578 Mil.
Alpex Solar's EBITDA 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 ₹3,410 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-EBITDA →
What does a EV-to-EBITDA of 8.09 mean?
Alpex Solar (NSE:ALPEXSOLAR) has a EV-to-EBITDA of 8.09 as of Sep. 10, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Alpex Solar. This is 50% below median its historical median of 16.28. Over the past decade, Alpex Solar's EV-to-EBITDA has ranged from 5.82 to 116.97. According to the industry distribution chart, Alpex Solar ranks #159 out of 775 companies in the Semiconductors industry, placing it in the top 20.5%.
Is Alpex Solar's EV-to-EBITDA too high?
Alpex Solar's current EV-to-EBITDA of 8.09 is 50% below median its 10-year median of 16.28. Over the past 10 years, this metric has ranged from a low of 5.82 to a high of 116.97. The Semiconductors industry median EV-to-EBITDA is 21.94. Alpex Solar's value of 8.09 is 63.1% below this industry median. Based on the distribution chart, Alpex Solar ranks #159 out of 775 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Alpex Solar has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's EV-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #159 out of 775 companies for EV-to-EBITDA. This places Alpex Solar in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 21.94. Alpex Solar's value of 8.09 is 63.1% below this benchmark. Historically, Alpex Solar's own EV-to-EBITDA has ranged from 5.82 to 116.97 over the past decade. While the company's 10-year median is 16.28 vs. the industry median of 21.94, Alpex Solar 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-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 21.94, based on 775 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alpex Solar's current EV-to-EBITDA of 8.09 is 63.1% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Alpex Solar. For the Semiconductors industry, the median EV-to-EBITDA is 21.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current EV-to-EBITDA is 8.09, which is 50% below median its own 10-year median of 16.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Based on GuruFocus' analysis, Alpex Solar (NSE:ALPEXSOLAR) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,878.43, compared to a current price of ₹920.75 — trading 68% below its estimated fair value. The current EV-to-EBITDA is 8.09, which is 50% below median its 10-year median of 16.28 and 63.1% below the Semiconductors industry median of 21.94. Alpex Solar's overall GF Score™ is 62/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Alpex Solar (NSE:ALPEXSOLAR), the current EV-to-EBITDA is 8.09 as of Sep. 10, 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 Alpex Solar (NSE:ALPEXSOLAR) Overvalued in 2026?

Based on GuruFocus' analysis, Alpex Solar stock appears to be undervalued. The current stock price of ₹920.75 is trading 68% below its estimated GF Value™ of ₹2,878.43. GuruFocus considers Alpex Solar to be Possible Value Trap.

Key valuation signals for NSE:ALPEXSOLAR:

  • EV-to-EBITDA: 8.09 (50% below median its 10-year median of 16.28)
  • GF Value™: ₹2,878.43 vs. price of ₹920.75 (68% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 63.1% below the Semiconductors median (#159 of 775)

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


Alpex Solar Business Description

Address Plot No. I-25-26, Site 5, Surajpur Industrial Area, Gautam Buddha Nagar, Kasna, Greater Noida, UP, IND, 201306
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
62GF Score

Get the complete analysis for NSE:ALPEXSOLAR

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

₹920.75
Price
₹2,878.43
GF Value