Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ITINSE:ITI -1.65%66 EV-to-EBITDA is 47.28 as of Aug. 31, 2026, which is 53% above its 10-year median of 30.99. GuruFocus rates NSE:ITI with a GF Score™ of 66/100 and a GF Value™ of ₹264.81 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,910 Hardware companies, ITI ranks worse than 81.1% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, ITI's enterprise value is ₹241,748 Mil.
ITI's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹5,113 Mil. Therefore, ITI's EV-to-EBITDA for today is 47.28.
The historical rank and industry rank for ITI's EV-to-EBITDA or its related term are showing as below:
NSE:ITI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -247.65 Med: 30.99 Max: 401.26
Current: 47.28
During the past 13 years, the highest EV-to-EBITDA of ITI was 401.26. The lowest was -247.65. And the median was 30.99.
NSE:ITI's EV-to-EBITDA is ranked worse than 81.1% of 1910
companies
in the Hardware industry
Industry Median: 14
vs NSE:ITI: 47.28
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 (2026-08-31), ITI's stock price is ₹270.95.
ITI's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1.840. Therefore, ITI's PE Ratio (TTM) for today is 147.26.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
ITI's share price for today is ₹270.95.
ITI'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 ₹1.840.
* 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 ITI'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:ITI vs CSCO, MSI, LITE: EV-to-EBITDA Comparison
For the Communication Equipment subindustry, ITI'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.
ITI EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, ITI's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where ITI's EV-to-EBITDA falls into.
ITI's current Enterprise Value is ₹241,748 Mil.
ITI'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 ₹5,113 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.
ITI (NSE:ITI) has a EV-to-EBITDA of 47.28 as of Aug. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ITI. This is 53% above median its historical median of 30.99. According to the industry distribution chart, ITI ranks #1549 out of 1910 companies in the Hardware industry, placing it in the top 81.1%.
Is ITI's EV-to-EBITDA too high?
ITI's current EV-to-EBITDA of 47.28 is 53% above median its 10-year median of 30.99. The Hardware industry median EV-to-EBITDA is 14.00. ITI's value of 47.28 is 237.7% above this industry median. Based on the distribution chart, ITI ranks #1549 out of 1910 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ITI has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ITI's EV-to-EBITDA compare to CSCO and MSI?
According to the Hardware industry distribution chart, ITI ranks #1549 out of 1910 companies for EV-to-EBITDA. This places ITI in the lower half of its industry. The industry median EV-to-EBITDA is 14.00. ITI's value of 47.28 is 237.7% above this benchmark. While the company's 10-year median is 30.99 vs. the industry median of 14.00, ITI 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 Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.00, based on 1,910 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. ITI's current EV-to-EBITDA of 47.28 is 237.7% 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 ITI. For the Hardware industry, the median EV-to-EBITDA is 14.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITI's current EV-to-EBITDA is 47.28, which is 53% above median its own 10-year median of 30.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITI stock overvalued right now?
Based on GuruFocus' analysis, ITI (NSE:ITI) is currently considered Fairly Valued. The stock's GF Value™ is ₹264.81, compared to a current price of ₹270.95 — trading 2.3% above its estimated fair value. The current EV-to-EBITDA is 47.28, which is 53% above median its 10-year median of 30.99 and 237.7% above the Hardware industry median of 14.00. ITI's overall GF Score™ is 66/100 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 ITI (NSE:ITI), the current EV-to-EBITDA is 47.28 as of Aug. 31, 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 ITI (NSE:ITI) Overvalued in 2026?
Based on GuruFocus' analysis, ITI stock appears to be overvalued.
The current stock price of ₹270.95 is trading 2.3% above its estimated GF Value™ of ₹264.81.
GuruFocus considers ITI to be Fairly Valued.
Key valuation signals for NSE:ITI:
EV-to-EBITDA: 47.28 (53% above median its 10-year median of 30.99)
GF Value™: ₹264.81 vs. price of ₹270.95 (2.3% above fair value)
Industry Position: 237.7% above the Hardware median (#1549 of 1910)
No single metric tells the full story. See the NSE:ITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITI Ltd is an Indian manufacturer and service provider of telecommunication equipment and network infrastructure using IP/MPLS, optical fiber, microwave, and satellite technologies. Its products include GPON devices, Digital Mobile Radio systems, smart energy meters, defence encryption products, Wi-Fi equipment, smart cards, solar modules, IoT devices, and other communication hardware. The company also supplies traded communication and IT equipment. Its services cover turnkey project execution, installation, maintenance, data center hosting, electronic manufacturing, PCB fabrication, environmental testing, and 3D printing. It focuses on innovation and serves the Indian telecom, smart cities, and defence sectors.
66GF Score
Get the complete analysis for NSE:ITI
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ITI has been successfully added to your 
