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De Nora IndiaNSE:DENORA -0.46%78 EV-to-EBITDA is 35.46 as of Sep. 10, 2026, which is 38% above its 10-year median of 25.62. GuruFocus rates NSE:DENORA with a GF Score™ of 78/100 and a GF Value™ of ₹1,631.62 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,460 Industrial Products companies, De Nora India ranks worse than 75.89% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, De Nora India's enterprise value is ₹3,520 Mil.
De Nora India's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹99 Mil. Therefore, De Nora India's EV-to-EBITDA for today is 35.46.
The historical rank and industry rank for De Nora India's EV-to-EBITDA or its related term are showing as below:
NSE:DENORA'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -3717.16 Med: 25.62 Max: 733.94
Current: 35.46
During the past 13 years, the highest EV-to-EBITDA of De Nora India was 733.94. The lowest was -3717.16. And the median was 25.62.
NSE:DENORA's EV-to-EBITDA is ranked worse than 75.89% of 2460
companies
in the Industrial Products industry
Industry Median: 15.22
vs NSE:DENORA: 35.46
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.
De Nora India (NSE:DENORA) 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.
De Nora India's PE Ratio (TTM) for today is calculated as:
De Nora India's share price for today is ₹802.05.
De Nora India'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 ₹22.970.
* 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 De Nora India'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 Electrical Equipment & Parts subindustry, De Nora India'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.
De Nora India EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, De Nora India's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where De Nora India's EV-to-EBITDA falls into.
De Nora India's current Enterprise Value is ₹3,520 Mil.
De Nora India'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 ₹99 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.
De Nora India (NSE:DENORA) has a EV-to-EBITDA of 35.46 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 De Nora India. This is 38% above median its historical median of 25.62. According to the industry distribution chart, De Nora India ranks #1867 out of 2460 companies in the Industrial Products industry, placing it in the top 75.9%.
Is De Nora India's EV-to-EBITDA too high?
De Nora India's current EV-to-EBITDA of 35.46 is 38% above median its 10-year median of 25.62. The Industrial Products industry median EV-to-EBITDA is 15.22. De Nora India's value of 35.46 is 133% above this industry median. Based on the distribution chart, De Nora India ranks #1867 out of 2460 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, De Nora India has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does De Nora India's EV-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, De Nora India ranks #1867 out of 2460 companies for EV-to-EBITDA. This places De Nora India in the lower half of its industry. The industry median EV-to-EBITDA is 15.22. De Nora India's value of 35.46 is 133% above this benchmark. While the company's 10-year median is 25.62 vs. the industry median of 15.22, De Nora India 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 15.22, based on 2,460 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. De Nora India's current EV-to-EBITDA of 35.46 is 133% 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 De Nora India. For the Industrial Products industry, the median EV-to-EBITDA is 15.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De Nora India's current EV-to-EBITDA is 35.46, which is 38% above median its own 10-year median of 25.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Nora India stock overvalued right now?
Based on GuruFocus' analysis, De Nora India (NSE:DENORA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,631.62, compared to a current price of ₹802.05 — trading 50.8% below its estimated fair value. The current EV-to-EBITDA is 35.46, which is 38% above median its 10-year median of 25.62 and 133% above the Industrial Products industry median of 15.22. De Nora India's overall GF Score™ is 78/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For De Nora India (NSE:DENORA), the current EV-to-EBITDA is 35.46 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 De Nora India (NSE:DENORA) Overvalued in 2026?
Based on GuruFocus' analysis, De Nora India stock appears to be undervalued.
The current stock price of ₹802.05 is trading 50.8% below its estimated GF Value™ of ₹1,631.62.
GuruFocus considers De Nora India to be Significantly Undervalued.
Key valuation signals for NSE:DENORA:
EV-to-EBITDA: 35.46 (38% above median its 10-year median of 25.62)
GF Value™: ₹1,631.62 vs. price of ₹802.05 (50.8% below fair value)
Industry Position: 133% above the Industrial Products median (#1867 of 2460)
No single metric tells the full story. See the NSE:DENORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
De Nora India Ltd is principally engaged in the manufacturing of Electrolytic Products, including anodes, cathodes, electrochlorinators, and Water Technology products. It operates as a single integrated business unit. The company generates the majority of its revenue from the Sale of services. Geographically, the company generates the majority of its revenue from India.
78GF Score
Get the complete analysis for NSE:DENORA
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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