Emami Paper Mills (NSE:EMAMIPAP) EV-to-EBITDA: 5.34 (As of Aug. 14, 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:EMAMIPAP Emami Paper Mills Ltd NSE:EMAMIPAP
51 GF Score
Price ₹110.91
GF Value ₹100.50
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Emami Paper Mills EV-to-EBITDA?

Emami Paper Mills NSE:EMAMIPAP -0.97% 51 EV-to-EBITDA is 5.34 as of Aug. 14, 2026, which is 16% below its 10-year median of 6.35. GuruFocus rates NSE:EMAMIPAP with a GF Score™ of 51/100 and a GF Value™ of ₹100.50 (Fairly Valued). The stock has 11 warning signs investors should review. Among 219 Forest Products companies, Emami Paper Mills ranks better than 79.45% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Emami Paper Mills's enterprise value is ₹13,880 Mil. Emami Paper Mills's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,598 Mil. Therefore, Emami Paper Mills's EV-to-EBITDA for today is 5.34.

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

NSE:EMAMIPAP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.41   Med: 6.35   Max: 18.56
Current: 5.34

During the past 13 years, the highest EV-to-EBITDA of Emami Paper Mills was 18.56. The lowest was 1.41. And the median was 6.35.

NSE:EMAMIPAP's EV-to-EBITDA is ranked better than
79.45% of 219 companies
in the Forest Products industry
Industry Median: 8.98 vs NSE:EMAMIPAP: 5.34

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 (2026-08-14), Emami Paper Mills's stock price is ₹110.91. Emami Paper Mills's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹13.570. Therefore, Emami Paper Mills's PE Ratio (TTM) for today is 8.17.

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


Emami Paper Mills  (NSE:EMAMIPAP) 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.

Emami Paper Mills's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=110.91/13.570
=8.17

Emami Paper Mills's share price for today is ₹110.91.
Emami Paper Mills'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 ₹13.570.

* 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?


Emami Paper Mills EV-to-EBITDA Related Terms


Emami Paper Mills EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Emami Paper Mills'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.

Emami Paper Mills EV-to-EBITDA Chart

Emami Paper Mills Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.92 8.26 6.57 9.36 4.99

Emami Paper Mills Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.24 8.74 3.06 4.99 2.03

Emami Paper Mills EV-to-EBITDA Competitor Comparison

For the Paper & Paper Products subindustry, Emami Paper Mills'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.


Emami Paper Mills EV-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Emami Paper Mills's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Emami Paper Mills's EV-to-EBITDA falls into.


NSE:EMAMIPAP
51GF Score
Emami Paper Mills Ltd NSE:EMAMIPAP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emami Paper Mills EV-to-EBITDA Calculation

Emami Paper Mills's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=13880.020/2598
=5.34

Emami Paper Mills's current Enterprise Value is ₹13,880 Mil.
Emami Paper Mills'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 ₹2,598 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 5.34 mean?
Emami Paper Mills (NSE:EMAMIPAP) has a EV-to-EBITDA of 5.34 as of Aug. 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 Emami Paper Mills. This is 16% below median its historical median of 6.35. Over the past decade, Emami Paper Mills' EV-to-EBITDA has ranged from 1.41 to 18.56. According to the industry distribution chart, Emami Paper Mills ranks #45 out of 219 companies in the Forest Products industry, placing it in the top 20.5%.
Is Emami Paper Mills' EV-to-EBITDA too high?
Emami Paper Mills' current EV-to-EBITDA of 5.34 is 16% below median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 18.56. The Forest Products industry median EV-to-EBITDA is 8.98. Emami Paper Mills' value of 5.34 is 40.5% below this industry median. Based on the distribution chart, Emami Paper Mills ranks #45 out of 219 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Emami Paper Mills has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emami Paper Mills' EV-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, Emami Paper Mills ranks #45 out of 219 companies for EV-to-EBITDA. This places Emami Paper Mills in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.98. Emami Paper Mills' value of 5.34 is 40.5% below this benchmark. Historically, Emami Paper Mills' own EV-to-EBITDA has ranged from 1.41 to 18.56 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 8.98, Emami Paper Mills 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 Forest Products company?
The median EV-to-EBITDA among Forest Products companies is 8.98, based on 219 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. Emami Paper Mills's current EV-to-EBITDA of 5.34 is 40.5% 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 Emami Paper Mills. For the Forest Products industry, the median EV-to-EBITDA is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emami Paper Mills's current EV-to-EBITDA is 5.34, which is 16% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emami Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Emami Paper Mills (NSE:EMAMIPAP) is currently considered Fairly Valued. The stock's GF Value™ is ₹100.50, compared to a current price of ₹110.91 — trading 10.4% above its estimated fair value. The current EV-to-EBITDA is 5.34, which is 16% below median its 10-year median of 6.35 and 40.5% below the Forest Products industry median of 8.98. Emami Paper Mills' overall GF Score™ is 51/100 with 11 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 Emami Paper Mills (NSE:EMAMIPAP), the current EV-to-EBITDA is 5.34 as of Aug. 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 Emami Paper Mills (NSE:EMAMIPAP) Overvalued in 2026?

Based on GuruFocus' analysis, Emami Paper Mills stock appears to be overvalued. The current stock price of ₹110.91 is trading 10.4% above its estimated GF Value™ of ₹100.50. GuruFocus considers Emami Paper Mills to be Fairly Valued.

Key valuation signals for NSE:EMAMIPAP:

  • EV-to-EBITDA: 5.34 (16% below median its 10-year median of 6.35)
  • GF Value™: ₹100.50 vs. price of ₹110.91 (10.4% above fair value)
  • GF Score™: 51/100 with 11 warning signs
  • Industry Position: 40.5% below the Forest Products median (#45 of 219)

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


Emami Paper Mills Business Description

Other Exchanges 533208:India
Address 687, Anandapur, 1st Floor, E.M. Bypass, Kolkata, WB, IND, 700107
Emami Paper Mills Ltd is engaged in the manufacturing of paper and paper products. It offers various papers and paper products including newsprint, writing and printing paper, and multilayer-coated board used in pharmaceuticals, healthcare, fast-moving consumer goods, consumer durable goods, and food product industries. The company derives revenue from the sale of paper and paperboard.
51GF Score

Get the complete analysis for NSE:EMAMIPAP

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

₹110.91
Price
₹100.50
GF Value