Harsha Engineers International (NSE:HARSHA) EV-to-EBITDA: 14.25 (As of Aug. 23, 2026) — 21% Below Median

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NSE:HARSHA Harsha Engineers International Ltd NSE:HARSHA
85 GF Score
Price ₹437.60
GF Value ₹511.67
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Harsha Engineers International EV-to-EBITDA?

Harsha Engineers International NSE:HARSHA -0.10% 85 EV-to-EBITDA is 14.25 as of Aug. 23, 2026, which is 21% below its 10-year median of 18.05. GuruFocus rates NSE:HARSHA with a GF Score™ of 85/100 and a GF Value™ of ₹511.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,489 Industrial Products companies, Harsha Engineers International ranks better than 53.07% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Harsha Engineers International's enterprise value is ₹40,548 Mil. Harsha Engineers International's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,846 Mil. Therefore, Harsha Engineers International's EV-to-EBITDA for today is 14.25.

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

NSE:HARSHA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.19   Med: 18.05   Max: 25.69
Current: 14.25

During the past 7 years, the highest EV-to-EBITDA of Harsha Engineers International was 25.69. The lowest was 11.19. And the median was 18.05.

NSE:HARSHA's EV-to-EBITDA is ranked better than
53.07% of 2489 companies
in the Industrial Products industry
Industry Median: 15.56 vs NSE:HARSHA: 14.25

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 (2026-08-23), Harsha Engineers International's stock price is ₹437.60. Harsha Engineers International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹16.990. Therefore, Harsha Engineers International's PE Ratio (TTM) for today is 25.76.

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


Harsha Engineers International  (NSE:HARSHA) 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.

Harsha Engineers International's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=437.60/16.990
=25.76

Harsha Engineers International's share price for today is ₹437.60.
Harsha Engineers International'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 ₹16.990.

* 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?


Harsha Engineers International EV-to-EBITDA Related Terms


Harsha Engineers International EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Harsha Engineers International'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.

Harsha Engineers International EV-to-EBITDA Chart

Harsha Engineers International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 13.45 17.68 17.76 10.64

Harsha Engineers International 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 20.54 18.13 16.15 10.64 13.44

NSE:HARSHA vs SNA, RBC, SWK: EV-to-EBITDA Comparison

For the Tools & Accessories subindustry, Harsha Engineers International'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.


Harsha Engineers International EV-to-EBITDA vs Industrial Products Industry

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

* The bar in red indicates where Harsha Engineers International's EV-to-EBITDA falls into.


NSE:HARSHA
85GF Score
Harsha Engineers International Ltd NSE:HARSHA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harsha Engineers International EV-to-EBITDA Calculation

Harsha Engineers International's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=40547.543/2846.2
=14.25

Harsha Engineers International's current Enterprise Value is ₹40,548 Mil.
Harsha Engineers International'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 ₹2,846 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 14.25 mean?
Harsha Engineers International (NSE:HARSHA) has a EV-to-EBITDA of 14.25 as of Aug. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Harsha Engineers International. This is 21% below median its historical median of 18.05. Over the past decade, Harsha Engineers International's EV-to-EBITDA has ranged from 11.19 to 25.69. According to the industry distribution chart, Harsha Engineers International ranks #1168 out of 2489 companies in the Industrial Products industry, placing it in the top 46.9%.
Is Harsha Engineers International's EV-to-EBITDA too high?
Harsha Engineers International's current EV-to-EBITDA of 14.25 is 21% below median its 10-year median of 18.05. Over the past 10 years, this metric has ranged from a low of 11.19 to a high of 25.69. The Industrial Products industry median EV-to-EBITDA is 15.56. Harsha Engineers International's value of 14.25 is 8.4% below this industry median. Based on the distribution chart, Harsha Engineers International ranks #1168 out of 2489 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's EV-to-EBITDA compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #1168 out of 2489 companies for EV-to-EBITDA. This puts Harsha Engineers International in the upper half of its industry. The industry median EV-to-EBITDA is 15.56. Harsha Engineers International's value of 14.25 is 8.4% below this benchmark. Historically, Harsha Engineers International's own EV-to-EBITDA has ranged from 11.19 to 25.69 over the past decade. While the company's 10-year median is 18.05 vs. the industry median of 15.56, Harsha Engineers International 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 an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.56, based on 2,489 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. Harsha Engineers International's current EV-to-EBITDA of 14.25 is 8.4% 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 Harsha Engineers International. For the Industrial Products industry, the median EV-to-EBITDA is 15.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current EV-to-EBITDA is 14.25, which is 21% below median its own 10-year median of 18.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹511.67, compared to a current price of ₹437.60 — trading 14.5% below its estimated fair value. The current EV-to-EBITDA is 14.25, which is 21% below median its 10-year median of 18.05 and 8.4% below the Industrial Products industry median of 15.56. Harsha Engineers International's overall GF Score™ is 85/100 with 5 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 Harsha Engineers International (NSE:HARSHA), the current EV-to-EBITDA is 14.25 as of Aug. 23, 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?

Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued. The current stock price of ₹437.60 is trading 14.5% below its estimated GF Value™ of ₹511.67. GuruFocus considers Harsha Engineers International to be Modestly Undervalued.

Key valuation signals for NSE:HARSHA:

  • EV-to-EBITDA: 14.25 (21% below median its 10-year median of 18.05)
  • GF Value™: ₹511.67 vs. price of ₹437.60 (14.5% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 8.4% below the Industrial Products median (#1168 of 2489)

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


Harsha Engineers International Business Description

Other Exchanges 543600:India
Address NH-8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
85GF Score

Get the complete analysis for NSE:HARSHA

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

₹437.60
Price
₹511.67
GF Value