Keynote Financial Services (NSE:KEYFINSERV) EV-to-EBITDA: 9.65 (As of Aug. 31, 2026) — 133% Above Median

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NSE:KEYFINSERV Keynote Financial Services Ltd NSE:KEYFINSERV
80 GF Score
Price ₹254.20
GF Value ₹286.02
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Keynote Financial Services EV-to-EBITDA?

Keynote Financial Services NSE:KEYFINSERV -0.31% 80 EV-to-EBITDA is 9.65 as of Aug. 31, 2026, which is 133% above its 10-year median of 4.15. GuruFocus rates NSE:KEYFINSERV with a GF Score™ of 80/100 and a GF Value™ of ₹286.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 496 Capital Markets companies, Keynote Financial Services ranks worse than 55.04% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Keynote Financial Services's enterprise value is ₹1,342.4 Mil. Keynote Financial Services's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹139.2 Mil. Therefore, Keynote Financial Services's EV-to-EBITDA for today is 9.65.

The historical rank and industry rank for Keynote Financial Services's EV-to-EBITDA or its related term are showing as below:

NSE:KEYFINSERV' s EV-to-EBITDA Range Over the Past 10 Years
Min: -32.94   Med: 4.15   Max: 44.65
Current: 9.65

During the past 13 years, the highest EV-to-EBITDA of Keynote Financial Services was 44.65. The lowest was -32.94. And the median was 4.15.

NSE:KEYFINSERV's EV-to-EBITDA is ranked worse than
55.04% of 496 companies
in the Capital Markets industry
Industry Median: 8.535 vs NSE:KEYFINSERV: 9.65

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), Keynote Financial Services's stock price is ₹254.20. Keynote Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹10.210. Therefore, Keynote Financial Services's PE Ratio (TTM) for today is 24.90.

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


Keynote Financial Services  (NSE:KEYFINSERV) 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.

Keynote Financial Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=254.20/10.210
=24.90

Keynote Financial Services's share price for today is ₹254.20.
Keynote Financial Services'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 ₹10.210.

* 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?


Keynote Financial Services EV-to-EBITDA Related Terms


Keynote Financial Services EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Keynote Financial Services'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.

Keynote Financial Services EV-to-EBITDA Chart

Keynote Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 -12.61 0.25 4.71 10.96

Keynote Financial Services 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 9.10 31.01 22.01 10.96 10.04

NSE:KEYFINSERV vs MS, GS, SCHW: EV-to-EBITDA Comparison

For the Capital Markets subindustry, Keynote Financial Services'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.


Keynote Financial Services EV-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Keynote Financial Services's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Keynote Financial Services's EV-to-EBITDA falls into.


NSE:KEYFINSERV
80GF Score
Keynote Financial Services Ltd NSE:KEYFINSERV
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keynote Financial Services EV-to-EBITDA Calculation

Keynote Financial Services's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1342.379/139.158
=9.65

Keynote Financial Services's current Enterprise Value is ₹1,342.4 Mil.
Keynote Financial Services'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 ₹139.2 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 9.65 mean?
Keynote Financial Services (NSE:KEYFINSERV) has a EV-to-EBITDA of 9.65 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 Keynote Financial Services. This is 133% above median its historical median of 4.15. According to the industry distribution chart, Keynote Financial Services ranks #273 out of 496 companies in the Capital Markets industry, placing it in the top 55%.
Is Keynote Financial Services' EV-to-EBITDA too high?
Keynote Financial Services' current EV-to-EBITDA of 9.65 is 133% above median its 10-year median of 4.15. The Capital Markets industry median EV-to-EBITDA is 8.54. Keynote Financial Services' value of 9.65 is 13.1% above this industry median. Based on the distribution chart, Keynote Financial Services ranks #273 out of 496 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Keynote Financial Services has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keynote Financial Services' EV-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, Keynote Financial Services ranks #273 out of 496 companies for EV-to-EBITDA. This places Keynote Financial Services in the lower half of its industry. The industry median EV-to-EBITDA is 8.54. Keynote Financial Services' value of 9.65 is 13.1% above this benchmark. While the company's 10-year median is 4.15 vs. the industry median of 8.54, Keynote Financial Services 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 Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 8.54, based on 496 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. Keynote Financial Services's current EV-to-EBITDA of 9.65 is 13.1% 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 Keynote Financial Services. For the Capital Markets industry, the median EV-to-EBITDA is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keynote Financial Services's current EV-to-EBITDA is 9.65, which is 133% above median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keynote Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Keynote Financial Services (NSE:KEYFINSERV) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹286.02, compared to a current price of ₹254.20 — trading 11.1% below its estimated fair value. The current EV-to-EBITDA is 9.65, which is 133% above median its 10-year median of 4.15 and 13.1% above the Capital Markets industry median of 8.54. Keynote Financial Services' overall GF Score™ is 80/100 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 Keynote Financial Services (NSE:KEYFINSERV), the current EV-to-EBITDA is 9.65 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 Keynote Financial Services (NSE:KEYFINSERV) Overvalued in 2026?

Based on GuruFocus' analysis, Keynote Financial Services stock appears to be undervalued. The current stock price of ₹254.20 is trading 11.1% below its estimated GF Value™ of ₹286.02. GuruFocus considers Keynote Financial Services to be Modestly Undervalued.

Key valuation signals for NSE:KEYFINSERV:

  • EV-to-EBITDA: 9.65 (133% above median its 10-year median of 4.15)
  • GF Value™: ₹286.02 vs. price of ₹254.20 (11.1% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 13.1% above the Capital Markets median (#273 of 496)

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


Keynote Financial Services Business Description

Other Exchanges 512597:India
Address Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Merchant banking segment. Geographically, it generates the majority of the revenue from India. Broking and other related activities include broking services to clients, advisory services, depository services, etc. Investment banking represents the results of raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
80GF Score

Get the complete analysis for NSE:KEYFINSERV

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

₹254.20
Price
₹286.02
GF Value