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HLE GlascoatNSE:HLEGLAS -20.00%92 EV-to-EBITDA is 21.17 as of Aug. 12, 2026, which is 4% above its 10-year median of 20.38. GuruFocus rates NSE:HLEGLAS with a GF Score™ of 92/100 and a GF Value™ of ₹622.20 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,474 Industrial Products companies, HLE Glascoat ranks worse than 59.38% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, HLE Glascoat's enterprise value is ₹30,031 Mil.
HLE Glascoat's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,418 Mil. Therefore, HLE Glascoat's EV-to-EBITDA for today is 21.17.
The historical rank and industry rank for HLE Glascoat's EV-to-EBITDA or its related term are showing as below:
NSE:HLEGLAS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.2 Med: 20.38 Max: 92.72
Current: 21.17
During the past 13 years, the highest EV-to-EBITDA of HLE Glascoat was 92.72. The lowest was 2.20. And the median was 20.38.
NSE:HLEGLAS's EV-to-EBITDA is ranked worse than 59.38% of 2474
companies
in the Industrial Products industry
Industry Median: 16.265
vs NSE:HLEGLAS: 21.17
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.
HLE Glascoat's PE Ratio (TTM) for today is calculated as:
HLE Glascoat's share price for today is ₹379.60.
HLE Glascoat'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 ₹6.982.
* 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 HLE Glascoat'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:HLEGLAS vs GEV, ETN, PH: EV-to-EBITDA Comparison
For the Specialty Industrial Machinery subindustry, HLE Glascoat'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.
HLE Glascoat EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HLE Glascoat's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where HLE Glascoat's EV-to-EBITDA falls into.
HLE Glascoat's current Enterprise Value is ₹30,031 Mil.
HLE Glascoat'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 ₹1,418 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.
HLE Glascoat (NSE:HLEGLAS) has a EV-to-EBITDA of 21.17 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on HLE Glascoat. This is near median its historical median of 20.38. Over the past decade, HLE Glascoat's EV-to-EBITDA has ranged from 2.20 to 92.72. According to the industry distribution chart, HLE Glascoat ranks #1469 out of 2474 companies in the Industrial Products industry, placing it in the top 59.4%.
Is HLE Glascoat's EV-to-EBITDA too high?
HLE Glascoat's current EV-to-EBITDA of 21.17 is near median its 10-year median of 20.38. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 92.72. The Industrial Products industry median EV-to-EBITDA is 16.27. HLE Glascoat's value of 21.17 is 30.2% above this industry median. Based on the distribution chart, HLE Glascoat ranks #1469 out of 2474 companies in the Industrial Products industry, which is below the industry midpoint. Overall, HLE Glascoat has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLE Glascoat's EV-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, HLE Glascoat ranks #1469 out of 2474 companies for EV-to-EBITDA. This places HLE Glascoat in the lower half of its industry. The industry median EV-to-EBITDA is 16.27. HLE Glascoat's value of 21.17 is 30.2% above this benchmark. Historically, HLE Glascoat's own EV-to-EBITDA has ranged from 2.20 to 92.72 over the past decade. While the company's 10-year median is 20.38 vs. the industry median of 16.27, HLE Glascoat 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 an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 16.27, based on 2,474 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. HLE Glascoat's current EV-to-EBITDA of 21.17 is 30.2% 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 HLE Glascoat. For the Industrial Products industry, the median EV-to-EBITDA is 16.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HLE Glascoat's current EV-to-EBITDA is 21.17, which is near median its own 10-year median of 20.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HLE Glascoat stock overvalued right now?
Based on GuruFocus' analysis, HLE Glascoat (NSE:HLEGLAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹622.20, compared to a current price of ₹379.60 — trading 39% below its estimated fair value. The current EV-to-EBITDA is 21.17, which is near median its 10-year median of 20.38 and 30.2% above the Industrial Products industry median of 16.27. HLE Glascoat's overall GF Score™ is 92/100 with 4 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 HLE Glascoat (NSE:HLEGLAS), the current EV-to-EBITDA is 21.17 as of Aug. 12, 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 HLE Glascoat (NSE:HLEGLAS) Overvalued in 2026?
Based on GuruFocus' analysis, HLE Glascoat stock appears to be undervalued.
The current stock price of ₹379.60 is trading 39% below its estimated GF Value™ of ₹622.20.
GuruFocus considers HLE Glascoat to be Significantly Undervalued.
Key valuation signals for NSE:HLEGLAS:
EV-to-EBITDA: 21.17 (near median its 10-year median of 20.38)
GF Value™: ₹622.20 vs. price of ₹379.60 (39% below fair value)
Industry Position: 30.2% above the Industrial Products median (#1469 of 2474)
No single metric tells the full story. See the NSE:HLEGLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HLE Glascoat Ltd is a process equipment manufacturer and a solution provider to the chemical and pharmaceutical industries. The company mainly manufactures filtration, glass-lined, and drying equipment. Its product portfolio comprises reactors, receivers, storage tanks, columns, agitators, agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. The company's operating segments are: Filtration, drying and other equipment; Glass-lined equipment; and Heat transfer equipment. Maximum revenue is generated from its glass-lined equipment business. Geographically, the company generates maximum revenue from its business in India, and also exports its products to other markets.
92GF 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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