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Firstsource SolutionsNSE:FSL +7.36%82 EV-to-EBITDA is 17.22 as of Aug. 04, 2026, which is 80% above its 10-year median of 9.58. GuruFocus rates NSE:FSL with a GF Score™ of 82/100 and a GF Value™ of ₹377.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,960 Software companies, Firstsource Solutions ranks worse than 67.55% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Firstsource Solutions's enterprise value is ₹252,282 Mil.
Firstsource Solutions's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹14,654 Mil. Therefore, Firstsource Solutions's EV-to-EBITDA for today is 17.22.
The historical rank and industry rank for Firstsource Solutions's EV-to-EBITDA or its related term are showing as below:
NSE:FSL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.12 Med: 9.58 Max: 26.81
Current: 17.22
During the past 13 years, the highest EV-to-EBITDA of Firstsource Solutions was 26.81. The lowest was 3.12. And the median was 9.58.
NSE:FSL's EV-to-EBITDA is ranked worse than 67.55% of 1960
companies
in the Software industry
Industry Median: 10.5
vs NSE:FSL: 17.22
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.
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.
Firstsource Solutions's PE Ratio (TTM) for today is calculated as:
Firstsource Solutions's share price for today is ₹324.35.
Firstsource Solutions'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 ₹9.560.
* 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).
Firstsource Solutions EV-to-EBITDA Historical Data
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The historical data trend for Firstsource Solutions'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:FSL vs IBM, ACN, FISV: EV-to-EBITDA Comparison
For the Information Technology Services subindustry, Firstsource Solutions'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.
Firstsource Solutions EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Firstsource Solutions's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Firstsource Solutions's EV-to-EBITDA falls into.
Firstsource Solutions's current Enterprise Value is ₹252,282 Mil.
Firstsource Solutions'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 ₹14,654 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.
Firstsource Solutions (NSE:FSL) has a EV-to-EBITDA of 17.22 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 Firstsource Solutions. This is 80% above median its historical median of 9.58. Over the past decade, Firstsource Solutions' EV-to-EBITDA has ranged from 3.12 to 26.81. According to the industry distribution chart, Firstsource Solutions ranks #1324 out of 1960 companies in the Software industry, placing it in the top 67.6%.
Is Firstsource Solutions' EV-to-EBITDA too high?
Firstsource Solutions' current EV-to-EBITDA of 17.22 is 80% above median its 10-year median of 9.58. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 26.81. The Software industry median EV-to-EBITDA is 10.50. Firstsource Solutions' value of 17.22 is 64% above this industry median. Based on the distribution chart, Firstsource Solutions ranks #1324 out of 1960 companies in the Software industry, which is below the industry midpoint. Overall, Firstsource Solutions has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Firstsource Solutions' EV-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Firstsource Solutions ranks #1324 out of 1960 companies for EV-to-EBITDA. This places Firstsource Solutions in the lower half of its industry. The industry median EV-to-EBITDA is 10.50. Firstsource Solutions' value of 17.22 is 64% above this benchmark. Historically, Firstsource Solutions' own EV-to-EBITDA has ranged from 3.12 to 26.81 over the past decade. While the company's 10-year median is 9.58 vs. the industry median of 10.50, Firstsource Solutions 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 Software company?
The median EV-to-EBITDA among Software companies is 10.50, based on 1,960 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. Firstsource Solutions's current EV-to-EBITDA of 17.22 is 64% 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 Firstsource Solutions. For the Software industry, the median EV-to-EBITDA is 10.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firstsource Solutions's current EV-to-EBITDA is 17.22, which is 80% above median its own 10-year median of 9.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstsource Solutions stock overvalued right now?
Based on GuruFocus' analysis, Firstsource Solutions (NSE:FSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹377.97, compared to a current price of ₹324.35 — trading 14.2% below its estimated fair value. The current EV-to-EBITDA is 17.22, which is 80% above median its 10-year median of 9.58 and 64% above the Software industry median of 10.50. Firstsource Solutions' overall GF Score™ is 82/100 with 2 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 Firstsource Solutions (NSE:FSL), the current EV-to-EBITDA is 17.22 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 Firstsource Solutions (NSE:FSL) Overvalued in 2026?
Based on GuruFocus' analysis, Firstsource Solutions stock appears to be undervalued.
The current stock price of ₹324.35 is trading 14.2% below its estimated GF Value™ of ₹377.97.
GuruFocus considers Firstsource Solutions to be Modestly Undervalued.
Key valuation signals for NSE:FSL:
EV-to-EBITDA: 17.22 (80% above median its 10-year median of 9.58)
GF Value™: ₹377.97 vs. price of ₹324.35 (14.2% below fair value)
Industry Position: 64% above the Software median (#1324 of 1960)
No single metric tells the full story. See the NSE:FSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.
82GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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