Finolex Cables (NSE:FINCABLES) EV-to-EBITDA: 21.95 (As of Sep. 21, 2026) — 67% Above Median

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NSE:FINCABLES Finolex Cables Ltd NSE:FINCABLES
93 GF Score
Price ₹1,411.20
GF Value ₹1,325.41
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Finolex Cables EV-to-EBITDA?

Finolex Cables NSE:FINCABLES +1.10% 93 EV-to-EBITDA is 21.95 as of Sep. 21, 2026, which is 67% above its 10-year median of 13.14. GuruFocus rates NSE:FINCABLES with a GF Score™ of 93/100 and a GF Value™ of ₹1,325.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,546 Industrial Products companies, Finolex Cables ranks worse than 58.13% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Finolex Cables's enterprise value is ₹195,384 Mil. Finolex Cables's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹8,903 Mil. Therefore, Finolex Cables's EV-to-EBITDA for today is 21.95.

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

NSE:FINCABLES' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.29   Med: 13.14   Max: 25.82
Current: 17.61

During the past 13 years, the highest EV-to-EBITDA of Finolex Cables was 25.82. The lowest was 3.29. And the median was 13.14.

NSE:FINCABLES's EV-to-EBITDA is ranked worse than
58.13% of 2546 companies
in the Industrial Products industry
Industry Median: 14.235 vs NSE:FINCABLES: 17.61

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 (2026-09-21), Finolex Cables's stock price is ₹1411.20. Finolex Cables's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹52.318. Therefore, Finolex Cables's PE Ratio (TTM) for today is 26.97.

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


Finolex Cables  (NSE:FINCABLES) 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.

Finolex Cables's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1411.20/52.318
=26.97

Finolex Cables's share price for today is ₹1411.20.
Finolex Cables'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 ₹52.318.

* 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?


Finolex Cables EV-to-EBITDA Related Terms


Finolex Cables EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Finolex Cables'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.

Finolex Cables EV-to-EBITDA Chart

Finolex Cables 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 8.00 16.38 16.56 15.21 12.50

Finolex Cables 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 - 12.57 - 12.50 -

NSE:FINCABLES vs VRT, BE: EV-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.


Finolex Cables EV-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finolex Cables's EV-to-EBITDA distribution charts can be found below:

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


NSE:FINCABLES
93GF Score
Finolex Cables Ltd NSE:FINCABLES
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finolex Cables EV-to-EBITDA Calculation

Finolex Cables's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=195383.504/8903
=21.95

Finolex Cables's current Enterprise Value is ₹195,384 Mil.
Finolex Cables'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 ₹8,903 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 21.95 mean?
Finolex Cables (NSE:FINCABLES) has a EV-to-EBITDA of 21.95 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Finolex Cables. This is 67% above median its historical median of 13.14. Over the past decade, Finolex Cables' EV-to-EBITDA has ranged from 3.29 to 25.82. According to the industry distribution chart, Finolex Cables ranks #1480 out of 2546 companies in the Industrial Products industry, placing it in the top 58.1%.
Is Finolex Cables' EV-to-EBITDA too high?
Finolex Cables' current EV-to-EBITDA of 21.95 is 67% above median its 10-year median of 13.14. Over the past 10 years, this metric has ranged from a low of 3.29 to a high of 25.82. The Industrial Products industry median EV-to-EBITDA is 14.24. Finolex Cables' value of 21.95 is 54.2% above this industry median. Based on the distribution chart, Finolex Cables ranks #1480 out of 2546 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Finolex Cables has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' EV-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finolex Cables ranks #1480 out of 2546 companies for EV-to-EBITDA. This places Finolex Cables in the lower half of its industry. The industry median EV-to-EBITDA is 14.24. Finolex Cables' value of 21.95 is 54.2% above this benchmark. Historically, Finolex Cables' own EV-to-EBITDA has ranged from 3.29 to 25.82 over the past decade. While the company's 10-year median is 13.14 vs. the industry median of 14.24, Finolex Cables 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 14.24, based on 2,546 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. Finolex Cables's current EV-to-EBITDA of 21.95 is 54.2% 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 Finolex Cables. For the Industrial Products industry, the median EV-to-EBITDA is 14.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Cables's current EV-to-EBITDA is 21.95, which is 67% above median its own 10-year median of 13.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,325.41, compared to a current price of ₹1,411.20 — trading 6.5% above its estimated fair value. The current EV-to-EBITDA is 21.95, which is 67% above median its 10-year median of 13.14 and 54.2% above the Industrial Products industry median of 14.24. Finolex Cables' overall GF Score™ is 93/100 with 7 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 Finolex Cables (NSE:FINCABLES), the current EV-to-EBITDA is 21.95 as of Sep. 21, 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 Finolex Cables (NSE:FINCABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Cables stock appears to be overvalued. The current stock price of ₹1,411.20 is trading 6.5% above its estimated GF Value™ of ₹1,325.41. GuruFocus considers Finolex Cables to be Fairly Valued.

Key valuation signals for NSE:FINCABLES:

  • EV-to-EBITDA: 21.95 (67% above median its 10-year median of 13.14)
  • GF Value™: ₹1,325.41 vs. price of ₹1,411.20 (6.5% above fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 54.2% above the Industrial Products median (#1480 of 2546)

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


Finolex Cables Business Description

Other Exchanges 500144:India
Address 26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
93GF Score

Get the complete analysis for NSE:FINCABLES

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

₹1,411.20
Price
₹1,325.41
GF Value