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Happy SteelsNSE:HAPPY -2.75%19 EV-to-EBITDA is 12.72 as of Sep. 10, 2026, which is 19% above its 10-year median of 10.66. GuruFocus rates NSE:HAPPY with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,145 Vehicles & Parts companies, Happy Steels ranks worse than 64.89% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Happy Steels's enterprise value is ₹1,683.2 Mil.
Happy Steels's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹132.3 Mil. Therefore, Happy Steels's EV-to-EBITDA for today is 12.72.
The historical rank and industry rank for Happy Steels's EV-to-EBITDA or its related term are showing as below:
NSE:HAPPY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.03 Med: 10.66 Max: 13.48
Current: 12.73
During the past 4 years, the highest EV-to-EBITDA of Happy Steels was 13.48. The lowest was 10.03. And the median was 10.66.
NSE:HAPPY's EV-to-EBITDA is ranked worse than 64.89% of 1145
companies
in the Vehicles & Parts industry
Industry Median: 9.25
vs NSE:HAPPY: 12.73
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.
Happy Steels's PE Ratio (TTM) for today is calculated as:
Happy Steels's share price for today is ₹84.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Steels's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.971.
* 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 Happy Steels'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.
Happy Steels EV-to-EBITDA Chart
Happy Steels Annual Data
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Mar26
EV-to-EBITDA
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Happy Steels Semi-Annual Data
Mar23
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Mar25
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Mar26
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NSE:HAPPY vs ORLY, AZO, GPC: EV-to-EBITDA Comparison
For the Auto Parts subindustry, Happy Steels'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.
Happy Steels EV-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Happy Steels's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Happy Steels's EV-to-EBITDA falls into.
Happy Steels's current Enterprise Value is ₹1,683.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Steels's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹132.3 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.
Happy Steels (NSE:HAPPY) has a EV-to-EBITDA of 12.72 as of Sep. 10, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Happy Steels. This is 19% above median its historical median of 10.66. Over the past decade, Happy Steels' EV-to-EBITDA has ranged from 10.03 to 13.48. According to the industry distribution chart, Happy Steels ranks #743 out of 1145 companies in the Vehicles & Parts industry, placing it in the top 64.9%.
Is Happy Steels' EV-to-EBITDA too high?
Happy Steels' current EV-to-EBITDA of 12.72 is 19% above median its 10-year median of 10.66. Over the past 10 years, this metric has ranged from a low of 10.03 to a high of 13.48. The Vehicles & Parts industry median EV-to-EBITDA is 9.25. Happy Steels' value of 12.72 is 37.5% above this industry median. Based on the distribution chart, Happy Steels ranks #743 out of 1145 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Happy Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' EV-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Happy Steels ranks #743 out of 1145 companies for EV-to-EBITDA. This places Happy Steels in the lower half of its industry. The industry median EV-to-EBITDA is 9.25. Happy Steels' value of 12.72 is 37.5% above this benchmark. Historically, Happy Steels' own EV-to-EBITDA has ranged from 10.03 to 13.48 over the past decade. While the company's 10-year median is 10.66 vs. the industry median of 9.25, Happy Steels 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 9.25, based on 1,145 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. Happy Steels's current EV-to-EBITDA of 12.72 is 37.5% 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 Happy Steels. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Steels's current EV-to-EBITDA is 12.72, which is 19% above median its own 10-year median of 10.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Steels stock overvalued right now?
Happy Steels (NSE:HAPPY) has a current EV-to-EBITDA of 12.72. The current EV-to-EBITDA is 12.72, which is 19% above median its 10-year median of 10.66 and 37.5% above the Vehicles & Parts industry median of 9.25. Happy Steels' overall GF Score™ is 19/100 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 Happy Steels (NSE:HAPPY), the current EV-to-EBITDA is 12.72 as of Sep. 10, 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.
Happy Steels Ltd is an integrated manufacturer of Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EVs, and defence applications. The company's product portfolio consists of axles, long spline shafts, spindles, and other related components. The majority of the company's revenue is derived from the sale of its products, mainly Axles, in the domestic markets.
19GF Score
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