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AtulNSE:ATUL -1.28%90 EV-to-EBITDA is 12.32 as of Sep. 07, 2026, which is 44% below its 10-year median of 21.99. GuruFocus rates NSE:ATUL with a GF Score™ of 90/100 and a GF Value™ of ₹8,609.97 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,342 Chemicals companies, Atul ranks better than 50.07% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Atul's enterprise value is ₹173,192 Mil.
Atul's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹14,053 Mil. Therefore, Atul's EV-to-EBITDA for today is 12.32.
The historical rank and industry rank for Atul's EV-to-EBITDA or its related term are showing as below:
NSE:ATUL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.19 Med: 21.99 Max: 41.81
Current: 12.32
During the past 13 years, the highest EV-to-EBITDA of Atul was 41.81. The lowest was 11.19. And the median was 21.99.
NSE:ATUL's EV-to-EBITDA is ranked better than 50.07% of 1342
companies
in the Chemicals industry
Industry Median: 12.36
vs NSE:ATUL: 12.32
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 (2026-09-07), Atul's stock price is ₹6386.00.
Atul's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹270.180. Therefore, Atul's PE Ratio (TTM) for today is 23.64.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
Atul's share price for today is ₹6386.00.
Atul'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 ₹270.180.
* 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 Atul'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.
NSE:ATUL vs LIN, SHW, ECL: EV-to-EBITDA Comparison
For the Specialty Chemicals subindustry, Atul'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.
Atul EV-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Atul's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Atul's EV-to-EBITDA falls into.
Atul's current Enterprise Value is ₹173,192 Mil.
Atul'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 ₹14,053 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.
Atul (NSE:ATUL) has a EV-to-EBITDA of 12.32 as of Sep. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Atul. This is 44% below median its historical median of 21.99. Over the past decade, Atul's EV-to-EBITDA has ranged from 11.19 to 41.81. According to the industry distribution chart, Atul ranks #670 out of 1342 companies in the Chemicals industry, placing it in the top 49.9%.
Is Atul's EV-to-EBITDA too high?
Atul's current EV-to-EBITDA of 12.32 is 44% below median its 10-year median of 21.99. Over the past 10 years, this metric has ranged from a low of 11.19 to a high of 41.81. The Chemicals industry median EV-to-EBITDA is 12.36. Atul's value of 12.32 is 0.3% below this industry median. Based on the distribution chart, Atul ranks #670 out of 1342 companies in the Chemicals industry, which is above the industry midpoint. Overall, Atul has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atul's EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Atul ranks #670 out of 1342 companies for EV-to-EBITDA. This puts Atul in the upper half of its industry. The industry median EV-to-EBITDA is 12.36. Atul's value of 12.32 is 0.3% below this benchmark. Historically, Atul's own EV-to-EBITDA has ranged from 11.19 to 41.81 over the past decade. While the company's 10-year median is 21.99 vs. the industry median of 12.36, Atul 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 Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 12.36, based on 1,342 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. Atul's current EV-to-EBITDA of 12.32 is 0.3% 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 Atul. For the Chemicals industry, the median EV-to-EBITDA is 12.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atul's current EV-to-EBITDA is 12.32, which is 44% below median its own 10-year median of 21.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atul stock overvalued right now?
Based on GuruFocus' analysis, Atul (NSE:ATUL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹8,609.97, compared to a current price of ₹6,386.00 — trading 25.8% below its estimated fair value. The current EV-to-EBITDA is 12.32, which is 44% below median its 10-year median of 21.99 and 0.3% below the Chemicals industry median of 12.36. Atul's overall GF Score™ is 90/100 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 Atul (NSE:ATUL), the current EV-to-EBITDA is 12.32 as of Sep. 07, 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 Atul (NSE:ATUL) Overvalued in 2026?
Based on GuruFocus' analysis, Atul stock appears to be undervalued.
The current stock price of ₹6,386.00 is trading 25.8% below its estimated GF Value™ of ₹8,609.97.
GuruFocus considers Atul to be Modestly Undervalued.
Key valuation signals for NSE:ATUL:
EV-to-EBITDA: 12.32 (44% below median its 10-year median of 21.99)
GF Value™: ₹8,609.97 vs. price of ₹6,386.00 (25.8% below fair value)
Industry Position: 0.3% below the Chemicals median (#670 of 1342)
No single metric tells the full story. See the NSE:ATUL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atul Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm's segments are based on its product types. The Performance and other chemicals segment, which generates the majority of its revenue, sells Adhesion promoters, Bulk chemicals, Epoxy resins, Hardeners, Intermediates, and Textile dyes. The Life science chemicals segment sells crop protection products including herbicides, insecticides, and fungicides. The segment also sells pharmaceuticals used to treat depression, diabetes, infections, and cardiovascular diseases. The Others segment includes Agribiotech, Food products, Services, and others. Geographically, the company generates almost half of its revenue in India and the rest from regions outside India.
90GF Score
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