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Adani Total GasNSE:ATGL -0.99%94 EV-to-EBITDA is 60.95 as of Aug. 05, 2026, which is 6% below its 10-year median of 64.93. GuruFocus rates NSE:ATGL with a GF Score™ of 94/100 and a GF Value™ of ₹840.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 468 Utilities - Regulated companies, Adani Total Gas ranks worse than 97.86% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Adani Total Gas's enterprise value is ₹756,766 Mil.
Adani Total Gas's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹12,416 Mil. Therefore, Adani Total Gas's EV-to-EBITDA for today is 60.95.
The historical rank and industry rank for Adani Total Gas's EV-to-EBITDA or its related term are showing as below:
NSE:ATGL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 16.06 Med: 64.93 Max: 501.27
Current: 60.96
During the past 12 years, the highest EV-to-EBITDA of Adani Total Gas was 501.27. The lowest was 16.06. And the median was 64.93.
NSE:ATGL's EV-to-EBITDA is ranked worse than 97.86% of 468
companies
in the Utilities - Regulated industry
Industry Median: 9.86
vs NSE:ATGL: 60.96
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.
Adani Total Gas (NSE:ATGL) 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.
Adani Total Gas's PE Ratio (TTM) for today is calculated as:
Adani Total Gas's share price for today is ₹660.35.
Adani Total Gas'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 ₹5.750.
* 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).
The historical data trend for Adani Total Gas'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.
For the Utilities - Regulated Gas subindustry, Adani Total Gas'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.
Adani Total Gas EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Adani Total Gas's EV-to-EBITDA falls into.
Adani Total Gas's current Enterprise Value is ₹756,766 Mil.
Adani Total Gas'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 ₹12,416 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.
Adani Total Gas (NSE:ATGL) has a EV-to-EBITDA of 60.95 as of Aug. 05, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Adani Total Gas. This is near median its historical median of 64.93. Over the past decade, Adani Total Gas' EV-to-EBITDA has ranged from 16.06 to 501.27. According to the industry distribution chart, Adani Total Gas ranks #458 out of 468 companies in the Utilities - Regulated industry, placing it in the top 97.9%.
Is Adani Total Gas' EV-to-EBITDA too high?
Adani Total Gas' current EV-to-EBITDA of 60.95 is near median its 10-year median of 64.93. Over the past 10 years, this metric has ranged from a low of 16.06 to a high of 501.27. The Utilities - Regulated industry median EV-to-EBITDA is 9.86. Adani Total Gas' value of 60.95 is 518.2% above this industry median. Based on the distribution chart, Adani Total Gas ranks #458 out of 468 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Adani Total Gas has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' EV-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Adani Total Gas ranks #458 out of 468 companies for EV-to-EBITDA. This places Adani Total Gas in the lower half of its industry. The industry median EV-to-EBITDA is 9.86. Adani Total Gas' value of 60.95 is 518.2% above this benchmark. Historically, Adani Total Gas' own EV-to-EBITDA has ranged from 16.06 to 501.27 over the past decade. While the company's 10-year median is 64.93 vs. the industry median of 9.86, Adani Total Gas 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-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.86, based on 468 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. Adani Total Gas's current EV-to-EBITDA of 60.95 is 518.2% 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-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 Adani Total Gas. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Total Gas's current EV-to-EBITDA is 60.95, which is near median its own 10-year median of 64.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Total Gas stock overvalued right now?
Based on GuruFocus' analysis, Adani Total Gas (NSE:ATGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹840.30, compared to a current price of ₹660.35 — trading 21.4% below its estimated fair value. The current EV-to-EBITDA is 60.95, which is near median its 10-year median of 64.93 and 518.2% above the Utilities - Regulated industry median of 9.86. Adani Total Gas' overall GF Score™ is 94/100 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 Adani Total Gas (NSE:ATGL), the current EV-to-EBITDA is 60.95 as of Aug. 05, 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 Adani Total Gas (NSE:ATGL) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Total Gas stock appears to be undervalued.
The current stock price of ₹660.35 is trading 21.4% below its estimated GF Value™ of ₹840.30.
GuruFocus considers Adani Total Gas to be Modestly Undervalued.
Key valuation signals for NSE:ATGL:
EV-to-EBITDA: 60.95 (near median its 10-year median of 64.93)
GF Value™: ₹840.30 vs. price of ₹660.35 (21.4% below fair value)
Industry Position: 518.2% above the Utilities - Regulated median (#458 of 468)
No single metric tells the full story. See the NSE:ATGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Total Gas Ltd is engaged in the City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial, and vehicle users. The company is exploring doing business in bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment, and provision of value-added services relating to CGD business. It is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable, and environmentally friendly fuel that allows consumers to enjoy a high level of safety, convenience, and economic efficiency. The Group has a single operating segment that is the sale of Natural Gas.
94GF Score
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