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Karma EnergyNSE:KARMAENG -0.98%63 EV-to-EBITDA is 53.97 as of Aug. 25, 2026, which is 958% above its 10-year median of 5.10. GuruFocus rates NSE:KARMAENG with a GF Score™ of 63/100 and a GF Value™ of ₹53.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 366 Utilities - Independent Power Producers companies, Karma Energy ranks worse than 85.79% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Karma Energy's enterprise value is ₹459.07 Mil.
Karma Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹8.51 Mil. Therefore, Karma Energy's EV-to-EBITDA for today is 53.97.
The historical rank and industry rank for Karma Energy's EV-to-EBITDA or its related term are showing as below:
NSE:KARMAENG'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -960.34 Med: 5.1 Max: 71.84
Current: 36.85
During the past 13 years, the highest EV-to-EBITDA of Karma Energy was 71.84. The lowest was -960.34. And the median was 5.10.
NSE:KARMAENG's EV-to-EBITDA is ranked worse than 85.79% of 366
companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.81
vs NSE:KARMAENG: 36.85
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.
Karma Energy (NSE:KARMAENG) 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.
Karma Energy's PE Ratio (TTM) for today is calculated as:
Karma Energy's share price for today is ₹38.21.
Karma Energy'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 ₹0.770.
* 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 Karma Energy'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.
For the Utilities - Renewable subindustry, Karma Energy'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.
Karma Energy EV-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Karma Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Karma Energy's EV-to-EBITDA falls into.
Karma Energy's current Enterprise Value is ₹459.07 Mil.
Karma Energy'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 ₹8.51 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.
Karma Energy (NSE:KARMAENG) has a EV-to-EBITDA of 53.97 as of Aug. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Karma Energy. This is 958% above median its historical median of 5.10. According to the industry distribution chart, Karma Energy ranks #314 out of 366 companies in the Utilities - Independent Power Producers industry, placing it in the top 85.8%.
Is Karma Energy's EV-to-EBITDA too high?
Karma Energy's current EV-to-EBITDA of 53.97 is 958% above median its 10-year median of 5.10. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.81. Karma Energy's value of 53.97 is 357% above this industry median. Based on the distribution chart, Karma Energy ranks #314 out of 366 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Karma Energy has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karma Energy's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Karma Energy ranks #314 out of 366 companies for EV-to-EBITDA. This places Karma Energy in the lower half of its industry. The industry median EV-to-EBITDA is 11.81. Karma Energy's value of 53.97 is 357% above this benchmark. While the company's 10-year median is 5.10 vs. the industry median of 11.81, Karma Energy 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 Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.81, based on 366 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. Karma Energy's current EV-to-EBITDA of 53.97 is 357% 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 Karma Energy. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karma Energy's current EV-to-EBITDA is 53.97, which is 958% above median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karma Energy stock overvalued right now?
Based on GuruFocus' analysis, Karma Energy (NSE:KARMAENG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹53.13, compared to a current price of ₹38.21 — trading 28.1% below its estimated fair value. The current EV-to-EBITDA is 53.97, which is 958% above median its 10-year median of 5.10 and 357% above the Utilities - Independent Power Producers industry median of 11.81. Karma Energy's overall GF Score™ is 63/100 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 Karma Energy (NSE:KARMAENG), the current EV-to-EBITDA is 53.97 as of Aug. 25, 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 Karma Energy (NSE:KARMAENG) Overvalued in 2026?
Based on GuruFocus' analysis, Karma Energy stock appears to be undervalued.
The current stock price of ₹38.21 is trading 28.1% below its estimated GF Value™ of ₹53.13.
GuruFocus considers Karma Energy to be Modestly Undervalued.
Key valuation signals for NSE:KARMAENG:
EV-to-EBITDA: 53.97 (958% above median its 10-year median of 5.10)
GF Value™: ₹53.13 vs. price of ₹38.21 (28.1% below fair value)
Industry Position: 357% above the Utilities - Independent Power Producers median (#314 of 366)
No single metric tells the full story. See the NSE:KARMAENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karma Energy Ltd is an India-based company engaged in the generation of power from renewable energy sources. The company generates energy from wind power, hydropower, and solar power. It derives revenue from the sale of power.
63GF Score
Get the complete analysis for NSE:KARMAENG
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