Ester Industries (NSE:ESTER) EV-to-EBITDA: 14.69 (As of Aug. 16, 2026) — 94% Above Median

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NSE:ESTER Ester Industries Ltd NSE:ESTER
67 GF Score
Price ₹101.02
GF Value ₹117.20
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ester Industries EV-to-EBITDA?

Ester Industries NSE:ESTER -0.63% 67 EV-to-EBITDA is 14.69 as of Aug. 16, 2026, which is 94% above its 10-year median of 7.56. GuruFocus rates NSE:ESTER with a GF Score™ of 67/100 and a GF Value™ of ₹117.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,330 Chemicals companies, Ester Industries ranks worse than 53.76% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ester Industries's enterprise value is ₹16,246 Mil. Ester Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,106 Mil. Therefore, Ester Industries's EV-to-EBITDA for today is 14.69.

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

NSE:ESTER' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.17   Med: 7.56   Max: 483.61
Current: 14.69

During the past 13 years, the highest EV-to-EBITDA of Ester Industries was 483.61. The lowest was 1.17. And the median was 7.56.

NSE:ESTER's EV-to-EBITDA is ranked worse than
53.76% of 1330 companies
in the Chemicals industry
Industry Median: 13.265 vs NSE:ESTER: 14.69

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 (2026-08-16), Ester Industries's stock price is ₹101.02. Ester Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-2.820. Therefore, Ester Industries'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).


Ester Industries  (NSE:ESTER) 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.

Ester Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=101.02/-2.820
=At Loss

Ester Industries's share price for today is ₹101.02.
Ester Industries'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 ₹-2.820.

* 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?


Ester Industries EV-to-EBITDA Related Terms


Ester Industries EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ester Industries'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.

Ester Industries EV-to-EBITDA Chart

Ester Industries 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 9.78 12.81 410.27 10.19 11.38

Ester Industries 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 10.19 7.17 10.78 9.36 11.38

NSE:ESTER vs LIN, SHW, ECL: EV-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Ester Industries'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.


Ester Industries EV-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ester Industries's EV-to-EBITDA distribution charts can be found below:

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


NSE:ESTER
67GF Score
Ester Industries Ltd NSE:ESTER
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ester Industries EV-to-EBITDA Calculation

Ester Industries's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=16245.782/1105.594
=14.69

Ester Industries's current Enterprise Value is ₹16,246 Mil.
Ester Industries'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 ₹1,106 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 14.69 mean?
Ester Industries (NSE:ESTER) has a EV-to-EBITDA of 14.69 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ester Industries. This is 94% above median its historical median of 7.56. Over the past decade, Ester Industries' EV-to-EBITDA has ranged from 1.17 to 483.61. According to the industry distribution chart, Ester Industries ranks #715 out of 1330 companies in the Chemicals industry, placing it in the top 53.8%.
Is Ester Industries' EV-to-EBITDA too high?
Ester Industries' current EV-to-EBITDA of 14.69 is 94% above median its 10-year median of 7.56. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 483.61. The Chemicals industry median EV-to-EBITDA is 13.27. Ester Industries' value of 14.69 is 10.7% above this industry median. Based on the distribution chart, Ester Industries ranks #715 out of 1330 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ester Industries has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ester Industries' EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ester Industries ranks #715 out of 1330 companies for EV-to-EBITDA. This places Ester Industries in the lower half of its industry. The industry median EV-to-EBITDA is 13.27. Ester Industries' value of 14.69 is 10.7% above this benchmark. Historically, Ester Industries' own EV-to-EBITDA has ranged from 1.17 to 483.61 over the past decade. While the company's 10-year median is 7.56 vs. the industry median of 13.27, Ester Industries 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 Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.27, based on 1,330 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. Ester Industries's current EV-to-EBITDA of 14.69 is 10.7% 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 Ester Industries. For the Chemicals industry, the median EV-to-EBITDA is 13.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ester Industries's current EV-to-EBITDA is 14.69, which is 94% above median its own 10-year median of 7.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ester Industries stock overvalued right now?
Based on GuruFocus' analysis, Ester Industries (NSE:ESTER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹117.20, compared to a current price of ₹101.02 — trading 13.8% below its estimated fair value. The current EV-to-EBITDA is 14.69, which is 94% above median its 10-year median of 7.56 and 10.7% above the Chemicals industry median of 13.27. Ester Industries' overall GF Score™ is 67/100 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 Ester Industries (NSE:ESTER), the current EV-to-EBITDA is 14.69 as of Aug. 16, 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 Ester Industries (NSE:ESTER) Overvalued in 2026?

Based on GuruFocus' analysis, Ester Industries stock appears to be undervalued. The current stock price of ₹101.02 is trading 13.8% below its estimated GF Value™ of ₹117.20. GuruFocus considers Ester Industries to be Modestly Undervalued.

Key valuation signals for NSE:ESTER:

  • EV-to-EBITDA: 14.69 (94% above median its 10-year median of 7.56)
  • GF Value™: ₹117.20 vs. price of ₹101.02 (13.8% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 10.7% above the Chemicals median (#715 of 1330)

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


Ester Industries Business Description

Other Exchanges 500136:India
Address Infocity-I, Sector 34, Plot No. 11, Block-A, Gurgaon, HR, IND, 122001
Ester Industries Ltd is engaged in the manufacturing of polyester films, and specialty polymers. The company operates through segments namely Polyester chips and film and Speciality Polymers. The company generates maximum revenue from the Polyester chips and film segment. The Polyester chips and film segment is used in flexible packaging and other industrial applications. It serves food packaging; beverage packaging, home and personal care, industrial packaging, construction, automotive, electrical and electronics, carpet, and other industries. Geographically, the company derives a majority of its revenue from India.
67GF Score

Get the complete analysis for NSE:ESTER

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

₹101.02
Price
₹117.20
GF Value