Devyani International (NSE:DEVYANI) EV-to-EBITDA: 20.01 (As of Jul. 24, 2026) — 41% Below Median

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NSE:DEVYANI Devyani International Ltd NSE:DEVYANI
76 GF Score
Price ₹112.30
GF Value ₹243.51
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Devyani International EV-to-EBITDA?

Devyani International NSE:DEVYANI +2.21% 76 EV-to-EBITDA is 20.01 as of Jul. 24, 2026, which is 41% below its 10-year median of 33.90. GuruFocus rates NSE:DEVYANI with a GF Score™ of 76/100 and a GF Value™ of ₹243.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 307 Restaurants companies, Devyani International ranks worse than 80.78% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Devyani International's enterprise value is ₹174,667 Mil. Devyani International's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹8,728 Mil. Therefore, Devyani International's EV-to-EBITDA for today is 20.01.

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

NSE:DEVYANI' s EV-to-EBITDA Range Over the Past 10 Years
Min: 15.43   Med: 33.9   Max: 53.57
Current: 20.02

During the past 8 years, the highest EV-to-EBITDA of Devyani International was 53.57. The lowest was 15.43. And the median was 33.90.

NSE:DEVYANI's EV-to-EBITDA is ranked worse than
80.78% of 307 companies
in the Restaurants industry
Industry Median: 9.55 vs NSE:DEVYANI: 20.02

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 (2026-07-24), Devyani International's stock price is ₹112.30. Devyani International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-0.310. Therefore, Devyani International's PE Ratio (TTM) for today is At Loss.

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


Devyani International  (NSE:DEVYANI) 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.

Devyani International's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=112.30/-0.310
=At Loss

Devyani International's share price for today is ₹112.30.
Devyani International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.310.

* 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?


Devyani International EV-to-EBITDA Related Terms


Devyani International EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Devyani International'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.

Devyani International EV-to-EBITDA Chart

Devyani International Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 47.57 28.41 36.76 25.11 17.50

Devyani International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.11 24.55 28.93 21.79 17.50

NSE:DEVYANI vs MCD, SBUX, YUM: EV-to-EBITDA Comparison

For the Restaurants subindustry, Devyani International'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.


Devyani International EV-to-EBITDA vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Devyani International's EV-to-EBITDA distribution charts can be found below:

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


NSE:DEVYANI
76GF Score
Devyani International Ltd NSE:DEVYANI
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Devyani International EV-to-EBITDA Calculation

Devyani International's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=174667.209/8728.44
=20.01

Devyani International's current Enterprise Value is ₹174,667 Mil.
Devyani International's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹8,728 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 20.01 mean?
Devyani International (NSE:DEVYANI) has a EV-to-EBITDA of 20.01 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Devyani International. This is 41% below median its historical median of 33.90. Over the past decade, Devyani International's EV-to-EBITDA has ranged from 15.43 to 53.57. According to the industry distribution chart, Devyani International ranks #248 out of 307 companies in the Restaurants industry, placing it in the top 80.8%.
Is Devyani International's EV-to-EBITDA too high?
Devyani International's current EV-to-EBITDA of 20.01 is 41% below median its 10-year median of 33.90. Over the past 10 years, this metric has ranged from a low of 15.43 to a high of 53.57. The Restaurants industry median EV-to-EBITDA is 9.55. Devyani International's value of 20.01 is 109.5% above this industry median. Based on the distribution chart, Devyani International ranks #248 out of 307 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Devyani International has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devyani International's EV-to-EBITDA compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Devyani International ranks #248 out of 307 companies for EV-to-EBITDA. This places Devyani International in the lower half of its industry. The industry median EV-to-EBITDA is 9.55. Devyani International's value of 20.01 is 109.5% above this benchmark. Historically, Devyani International's own EV-to-EBITDA has ranged from 15.43 to 53.57 over the past decade. While the company's 10-year median is 33.90 vs. the industry median of 9.55, Devyani International 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 a Restaurants company?
The median EV-to-EBITDA among Restaurants companies is 9.55, based on 307 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. Devyani International's current EV-to-EBITDA of 20.01 is 109.5% 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 Devyani International. For the Restaurants industry, the median EV-to-EBITDA is 9.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devyani International's current EV-to-EBITDA is 20.01, which is 41% below median its own 10-year median of 33.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devyani International stock overvalued right now?
Based on GuruFocus' analysis, Devyani International (NSE:DEVYANI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹243.51, compared to a current price of ₹112.30 — trading 53.9% below its estimated fair value. The current EV-to-EBITDA is 20.01, which is 41% below median its 10-year median of 33.90 and 109.5% above the Restaurants industry median of 9.55. Devyani International's overall GF Score™ is 76/100 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 Devyani International (NSE:DEVYANI), the current EV-to-EBITDA is 20.01 as of Jul. 24, 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 Devyani International (NSE:DEVYANI) Overvalued in 2026?

Based on GuruFocus' analysis, Devyani International stock appears to be undervalued. The current stock price of ₹112.30 is trading 53.9% below its estimated GF Value™ of ₹243.51. GuruFocus considers Devyani International to be Significantly Undervalued.

Key valuation signals for NSE:DEVYANI:

  • EV-to-EBITDA: 20.01 (41% below median its 10-year median of 33.90)
  • GF Value™: ₹243.51 vs. price of ₹112.30 (53.9% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 109.5% above the Restaurants median (#248 of 307)

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


Devyani International Business Description

Other Exchanges 543330:India
Address Plot No. 18, Sector-35, Near Hero Honda Chowk, Gurugram, HR, IND, 122 004
Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of a quick-service restaurant chain (QSR chain), operating around 1,243 stores across 155 cities in India. Companies products includes PizzaHut, KFC, Costa Coffee, Vaang.o, The Food Street, and more. Geographically, operates domestically and internationally, with the majority of revenue from India.
76GF Score

Get the complete analysis for NSE:DEVYANI

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

₹112.30
Price
₹243.51
GF Value