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Azad EngineeringNSE:AZAD +2.73%65 EV-to-EBITDA is 67.09 as of Sep. 14, 2026, which is 23% above its 10-year median of 54.49. GuruFocus rates NSE:AZAD with a GF Score™ of 65/100 and a GF Value™ of ₹2,337.66 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,463 Industrial Products companies, Azad Engineering ranks worse than 87.98% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Azad Engineering's enterprise value is ₹188,497 Mil.
Azad Engineering's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,810 Mil. Therefore, Azad Engineering's EV-to-EBITDA for today is 67.09.
The historical rank and industry rank for Azad Engineering's EV-to-EBITDA or its related term are showing as below:
NSE:AZAD'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 26.55 Med: 54.49 Max: 83.95
Current: 67.09
During the past 6 years, the highest EV-to-EBITDA of Azad Engineering was 83.95. The lowest was 26.55. And the median was 54.49.
NSE:AZAD's EV-to-EBITDA is ranked worse than 87.98% of 2463
companies
in the Industrial Products industry
Industry Median: 15.15
vs NSE:AZAD: 67.09
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.
Azad Engineering (NSE:AZAD) 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.
Azad Engineering's PE Ratio (TTM) for today is calculated as:
Azad Engineering's share price for today is ₹2849.10.
Azad Engineering'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 ₹21.490.
* 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 Azad Engineering'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 Specialty Industrial Machinery subindustry, Azad Engineering'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.
Azad Engineering EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Azad Engineering's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Azad Engineering's EV-to-EBITDA falls into.
Azad Engineering's current Enterprise Value is ₹188,497 Mil.
Azad Engineering'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 ₹2,810 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.
Azad Engineering (NSE:AZAD) has a EV-to-EBITDA of 67.09 as of Sep. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Azad Engineering. This is 23% above median its historical median of 54.49. Over the past decade, Azad Engineering's EV-to-EBITDA has ranged from 26.55 to 83.95. According to the industry distribution chart, Azad Engineering ranks #2167 out of 2463 companies in the Industrial Products industry, placing it in the top 88%.
Is Azad Engineering's EV-to-EBITDA too high?
Azad Engineering's current EV-to-EBITDA of 67.09 is 23% above median its 10-year median of 54.49. Over the past 10 years, this metric has ranged from a low of 26.55 to a high of 83.95. The Industrial Products industry median EV-to-EBITDA is 15.15. Azad Engineering's value of 67.09 is 342.8% above this industry median. Based on the distribution chart, Azad Engineering ranks #2167 out of 2463 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Azad Engineering has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azad Engineering's EV-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Azad Engineering ranks #2167 out of 2463 companies for EV-to-EBITDA. This places Azad Engineering in the lower half of its industry. The industry median EV-to-EBITDA is 15.15. Azad Engineering's value of 67.09 is 342.8% above this benchmark. Historically, Azad Engineering's own EV-to-EBITDA has ranged from 26.55 to 83.95 over the past decade. While the company's 10-year median is 54.49 vs. the industry median of 15.15, Azad Engineering 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 Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.15, based on 2,463 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. Azad Engineering's current EV-to-EBITDA of 67.09 is 342.8% 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-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 Azad Engineering. For the Industrial Products industry, the median EV-to-EBITDA is 15.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad Engineering's current EV-to-EBITDA is 67.09, which is 23% above median its own 10-year median of 54.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad Engineering stock overvalued right now?
Based on GuruFocus' analysis, Azad Engineering (NSE:AZAD) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,337.66, compared to a current price of ₹2,849.10 — trading 21.9% above its estimated fair value. The current EV-to-EBITDA is 67.09, which is 23% above median its 10-year median of 54.49 and 342.8% above the Industrial Products industry median of 15.15. Azad Engineering's overall GF Score™ is 65/100 with 8 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 Azad Engineering (NSE:AZAD), the current EV-to-EBITDA is 67.09 as of Sep. 14, 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 Azad Engineering (NSE:AZAD) Overvalued in 2026?
Based on GuruFocus' analysis, Azad Engineering stock appears to be overvalued.
The current stock price of ₹2,849.10 is trading 21.9% above its estimated GF Value™ of ₹2,337.66.
GuruFocus considers Azad Engineering to be Modestly Overvalued.
Key valuation signals for NSE:AZAD:
EV-to-EBITDA: 67.09 (23% above median its 10-year median of 54.49)
GF Value™: ₹2,337.66 vs. price of ₹2,849.10 (21.9% above fair value)
Industry Position: 342.8% above the Industrial Products median (#2167 of 2463)
No single metric tells the full story. See the NSE:AZAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azad Engineering Ltd is an Original Equipment Manufacturer (OEM) and national defence agencies across power generation, aerospace, defence, and oil & gas. It delivers complex, high-precision components with uncompromising reliability and has earned the trust of industry leaders, including GE Vernova, Mitsubishi Heavy Industries, Rolls-Royce, Honeywell Aerospace, Siemens Energy, Eaton, Baker Hughes, and others. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the group generates a majority of its revenue from outside India.
65GF Score
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