Finolex Industries (NSE:FINPIPE) EV-to-EBITDA: 8.80 (As of Aug. 04, 2026) — 30% Below Median

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NSE:FINPIPE Finolex Industries Ltd NSE:FINPIPE
83 GF Score
Price ₹165.79
GF Value ₹212.67
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Finolex Industries EV-to-EBITDA?

Finolex Industries NSE:FINPIPE +2.11% 83 EV-to-EBITDA is 8.80 as of Aug. 04, 2026, which is 30% below its 10-year median of 12.66. GuruFocus rates NSE:FINPIPE with a GF Score™ of 83/100 and a GF Value™ of ₹212.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,476 Construction companies, Finolex Industries ranks better than 50.88% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Finolex Industries's enterprise value is ₹82,009 Mil. Finolex Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9,324 Mil. Therefore, Finolex Industries's EV-to-EBITDA for today is 8.80.

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

NSE:FINPIPE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.75   Med: 12.66   Max: 32.54
Current: 8.8

During the past 13 years, the highest EV-to-EBITDA of Finolex Industries was 32.54. The lowest was 4.75. And the median was 12.66.

NSE:FINPIPE's EV-to-EBITDA is ranked better than
50.88% of 1476 companies
in the Construction industry
Industry Median: 8.985 vs NSE:FINPIPE: 8.80

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 (2026-08-04), Finolex Industries's stock price is ₹165.79. Finolex Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9.700. Therefore, Finolex Industries's PE Ratio (TTM) for today is 17.09.

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


Finolex Industries  (NSE:FINPIPE) 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 Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=165.79/9.700
=17.09

Finolex Industries's share price for today is ₹165.79.
Finolex 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 ₹9.700.

* 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 Industries EV-to-EBITDA Related Terms


Finolex Industries EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Finolex 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.

Finolex Industries EV-to-EBITDA Chart

Finolex 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 5.61 22.01 17.31 7.73 7.75

Finolex 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 7.73 20.31 13.57 13.39 7.75

NSE:FINPIPE vs TT, JCI, CARR: EV-to-EBITDA Comparison

For the Building Products & Equipment subindustry, Finolex 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.


Finolex Industries EV-to-EBITDA vs Construction Industry

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

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


NSE:FINPIPE
83GF Score
Finolex Industries Ltd NSE:FINPIPE
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finolex Industries EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=82008.862/9323.7
=8.80

Finolex Industries's current Enterprise Value is ₹82,009 Mil.
Finolex 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 ₹9,324 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 8.80 mean?
Finolex Industries (NSE:FINPIPE) has a EV-to-EBITDA of 8.80 as of Aug. 04, 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 Industries. This is 30% below median its historical median of 12.66. Over the past decade, Finolex Industries' EV-to-EBITDA has ranged from 4.75 to 32.54. According to the industry distribution chart, Finolex Industries ranks #725 out of 1476 companies in the Construction industry, placing it in the top 49.1%.
Is Finolex Industries' EV-to-EBITDA too high?
Finolex Industries' current EV-to-EBITDA of 8.80 is 30% below median its 10-year median of 12.66. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 32.54. The Construction industry median EV-to-EBITDA is 8.99. Finolex Industries' value of 8.80 is 2.1% below this industry median. Based on the distribution chart, Finolex Industries ranks #725 out of 1476 companies in the Construction industry, which is above the industry midpoint. Overall, Finolex Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Industries' EV-to-EBITDA compare to TT and JCI?
According to the Construction industry distribution chart, Finolex Industries ranks #725 out of 1476 companies for EV-to-EBITDA. This puts Finolex Industries in the upper half of its industry. The industry median EV-to-EBITDA is 8.99. Finolex Industries' value of 8.80 is 2.1% below this benchmark. Historically, Finolex Industries' own EV-to-EBITDA has ranged from 4.75 to 32.54 over the past decade. While the company's 10-year median is 12.66 vs. the industry median of 8.99, Finolex Industries 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 Construction company?
The median EV-to-EBITDA among Construction companies is 8.99, based on 1,476 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 Industries's current EV-to-EBITDA of 8.80 is 2.1% 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 Finolex Industries. For the Construction industry, the median EV-to-EBITDA is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Industries's current EV-to-EBITDA is 8.80, which is 30% below median its own 10-year median of 12.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Industries stock overvalued right now?
Based on GuruFocus' analysis, Finolex Industries (NSE:FINPIPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹212.67, compared to a current price of ₹165.79 — trading 22% below its estimated fair value. The current EV-to-EBITDA is 8.80, which is 30% below median its 10-year median of 12.66 and 2.1% below the Construction industry median of 8.99. Finolex Industries' overall GF Score™ is 83/100 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 Finolex Industries (NSE:FINPIPE), the current EV-to-EBITDA is 8.80 as of Aug. 04, 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 Industries (NSE:FINPIPE) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Industries stock appears to be undervalued. The current stock price of ₹165.79 is trading 22% below its estimated GF Value™ of ₹212.67. GuruFocus considers Finolex Industries to be Modestly Undervalued.

Key valuation signals for NSE:FINPIPE:

  • EV-to-EBITDA: 8.80 (30% below median its 10-year median of 12.66)
  • GF Value™: ₹212.67 vs. price of ₹165.79 (22% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 2.1% below the Construction median (#725 of 1476)

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


Finolex Industries Business Description

Other Exchanges 500940:India
Address Baner-Pashan Link Road, IndiQube -The Kode, 11th Floor, Baner Gaon, Haveli, Pune, MH, IND, 411045
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.
83GF Score

Get the complete analysis for NSE:FINPIPE

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

₹165.79
Price
₹212.67
GF Value