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Force MotorsNSE:FORCEMOT +5.12%80 EV-to-EBITDA is 12.59 as of Aug. 13, 2026, which is 8% above its 10-year median of 11.68. GuruFocus rates NSE:FORCEMOT with a GF Score™ of 80/100 and a GF Value™ of ₹11,947.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,152 Vehicles & Parts companies, Force Motors ranks worse than 60.33% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Force Motors's enterprise value is ₹230,041 Mil.
Force Motors's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹18,276 Mil. Therefore, Force Motors's EV-to-EBITDA for today is 12.59.
The historical rank and industry rank for Force Motors's EV-to-EBITDA or its related term are showing as below:
NSE:FORCEMOT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.1 Med: 11.68 Max: 85.75
Current: 12.59
During the past 13 years, the highest EV-to-EBITDA of Force Motors was 85.75. The lowest was 3.10. And the median was 11.68.
NSE:FORCEMOT's EV-to-EBITDA is ranked worse than 60.33% of 1152
companies
in the Vehicles & Parts industry
Industry Median: 9.57
vs NSE:FORCEMOT: 12.59
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.
Force Motors (NSE:FORCEMOT) 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.
Force Motors's PE Ratio (TTM) for today is calculated as:
Force Motors's share price for today is ₹19269.00.
Force Motors'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 ₹950.090.
* 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).
The historical data trend for Force Motors'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.
NSE:FORCEMOT vs TSLA, GM, F: EV-to-EBITDA Comparison
For the Auto Manufacturers subindustry, Force Motors'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.
Force Motors EV-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Force Motors's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Force Motors's EV-to-EBITDA falls into.
Force Motors's current Enterprise Value is ₹230,041 Mil.
Force Motors'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 ₹18,276 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.
Force Motors (NSE:FORCEMOT) has a EV-to-EBITDA of 12.59 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Force Motors. This is near median its historical median of 11.68. Over the past decade, Force Motors' EV-to-EBITDA has ranged from 3.10 to 85.75. According to the industry distribution chart, Force Motors ranks #695 out of 1152 companies in the Vehicles & Parts industry, placing it in the top 60.3%.
Is Force Motors' EV-to-EBITDA too high?
Force Motors' current EV-to-EBITDA of 12.59 is near median its 10-year median of 11.68. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 85.75. The Vehicles & Parts industry median EV-to-EBITDA is 9.57. Force Motors' value of 12.59 is 31.6% above this industry median. Based on the distribution chart, Force Motors ranks #695 out of 1152 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Force Motors has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Force Motors' EV-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Force Motors ranks #695 out of 1152 companies for EV-to-EBITDA. This places Force Motors in the lower half of its industry. The industry median EV-to-EBITDA is 9.57. Force Motors' value of 12.59 is 31.6% above this benchmark. Historically, Force Motors' own EV-to-EBITDA has ranged from 3.10 to 85.75 over the past decade. While the company's 10-year median is 11.68 vs. the industry median of 9.57, Force Motors 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 Vehicles & Parts company?
The median EV-to-EBITDA among Vehicles & Parts companies is 9.57, based on 1,152 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. Force Motors's current EV-to-EBITDA of 12.59 is 31.6% 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 Force Motors. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Force Motors's current EV-to-EBITDA is 12.59, which is near median its own 10-year median of 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Force Motors stock overvalued right now?
Based on GuruFocus' analysis, Force Motors (NSE:FORCEMOT) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11,947.08, compared to a current price of ₹19,269.00 — trading 61.3% above its estimated fair value. The current EV-to-EBITDA is 12.59, which is near median its 10-year median of 11.68 and 31.6% above the Vehicles & Parts industry median of 9.57. Force Motors' overall GF Score™ is 80/100 with 1 warning sign 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 Force Motors (NSE:FORCEMOT), the current EV-to-EBITDA is 12.59 as of Aug. 13, 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 Force Motors (NSE:FORCEMOT) Overvalued in 2026?
Based on GuruFocus' analysis, Force Motors stock appears to be overvalued.
The current stock price of ₹19,269.00 is trading 61.3% above its estimated GF Value™ of ₹11,947.08.
GuruFocus considers Force Motors to be Significantly Overvalued.
Key valuation signals for NSE:FORCEMOT:
EV-to-EBITDA: 12.59 (near median its 10-year median of 11.68)
GF Value™: ₹11,947.08 vs. price of ₹19,269.00 (61.3% above fair value)
Industry Position: 31.6% above the Vehicles & Parts median (#695 of 1152)
No single metric tells the full story. See the NSE:FORCEMOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.
80GF Score
Get the complete analysis for NSE:FORCEMOT
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