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HEC Infra ProjectsNSE:HECPROJECT -5.70%89 EV-to-EBITDA is 7.74 as of Aug. 16, 2026, which is 21% below its 10-year median of 9.74. GuruFocus rates NSE:HECPROJECT with a GF Score™ of 89/100 and a GF Value™ of ₹208.67 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,485 Construction companies, HEC Infra Projects ranks better than 57.51% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, HEC Infra Projects's enterprise value is ₹1,683 Mil.
HEC Infra Projects's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹217 Mil. Therefore, HEC Infra Projects's EV-to-EBITDA for today is 7.74.
The historical rank and industry rank for HEC Infra Projects's EV-to-EBITDA or its related term are showing as below:
NSE:HECPROJECT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.57 Med: 9.74 Max: 106.44
Current: 7.74
During the past 12 years, the highest EV-to-EBITDA of HEC Infra Projects was 106.44. The lowest was 3.57. And the median was 9.74.
NSE:HECPROJECT's EV-to-EBITDA is ranked better than 57.51% of 1485
companies
in the Construction industry
Industry Median: 8.89
vs NSE:HECPROJECT: 7.74
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.
HEC Infra Projects (NSE:HECPROJECT) 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.
HEC Infra Projects's PE Ratio (TTM) for today is calculated as:
HEC Infra Projects's share price for today is ₹130.05.
HEC Infra Projects'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 ₹11.610.
* 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 HEC Infra Projects'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:HECPROJECT vs PWR, FIX, EME: EV-to-EBITDA Comparison
For the Engineering & Construction subindustry, HEC Infra Projects'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.
HEC Infra Projects EV-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, HEC Infra Projects's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where HEC Infra Projects's EV-to-EBITDA falls into.
HEC Infra Projects's current Enterprise Value is ₹1,683 Mil.
HEC Infra Projects'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 ₹217 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.
HEC Infra Projects (NSE:HECPROJECT) has a EV-to-EBITDA of 7.74 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on HEC Infra Projects. This is 21% below median its historical median of 9.74. Over the past decade, HEC Infra Projects' EV-to-EBITDA has ranged from 3.57 to 106.44. According to the industry distribution chart, HEC Infra Projects ranks #631 out of 1485 companies in the Construction industry, placing it in the top 42.5%.
Is HEC Infra Projects' EV-to-EBITDA too high?
HEC Infra Projects' current EV-to-EBITDA of 7.74 is 21% below median its 10-year median of 9.74. Over the past 10 years, this metric has ranged from a low of 3.57 to a high of 106.44. The Construction industry median EV-to-EBITDA is 8.89. HEC Infra Projects' value of 7.74 is 12.9% below this industry median. Based on the distribution chart, HEC Infra Projects ranks #631 out of 1485 companies in the Construction industry, which is above the industry midpoint. Overall, HEC Infra Projects has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HEC Infra Projects' EV-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, HEC Infra Projects ranks #631 out of 1485 companies for EV-to-EBITDA. This puts HEC Infra Projects in the upper half of its industry. The industry median EV-to-EBITDA is 8.89. HEC Infra Projects' value of 7.74 is 12.9% below this benchmark. Historically, HEC Infra Projects' own EV-to-EBITDA has ranged from 3.57 to 106.44 over the past decade. While the company's 10-year median is 9.74 vs. the industry median of 8.89, HEC Infra Projects 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 8.89, based on 1,485 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. HEC Infra Projects's current EV-to-EBITDA of 7.74 is 12.9% 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 HEC Infra Projects. For the Construction industry, the median EV-to-EBITDA is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEC Infra Projects's current EV-to-EBITDA is 7.74, which is 21% below median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEC Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, HEC Infra Projects (NSE:HECPROJECT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹208.67, compared to a current price of ₹130.05 — trading 37.7% below its estimated fair value. The current EV-to-EBITDA is 7.74, which is 21% below median its 10-year median of 9.74 and 12.9% below the Construction industry median of 8.89. HEC Infra Projects' overall GF Score™ is 89/100 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 HEC Infra Projects (NSE:HECPROJECT), the current EV-to-EBITDA is 7.74 as of Aug. 16, 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 HEC Infra Projects (NSE:HECPROJECT) Overvalued in 2026?
Based on GuruFocus' analysis, HEC Infra Projects stock appears to be undervalued.
The current stock price of ₹130.05 is trading 37.7% below its estimated GF Value™ of ₹208.67.
GuruFocus considers HEC Infra Projects to be Significantly Undervalued.
Key valuation signals for NSE:HECPROJECT:
EV-to-EBITDA: 7.74 (21% below median its 10-year median of 9.74)
GF Value™: ₹208.67 vs. price of ₹130.05 (37.7% below fair value)
Industry Position: 12.9% below the Construction median (#631 of 1485)
No single metric tells the full story. See the NSE:HECPROJECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.
89GF Score
Get the complete analysis for NSE:HECPROJECT
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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