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Le Merite ExportsNSE:LEMERITE -0.41%65 EV-to-EBITDA is 24.11 as of Aug. 28, 2026, which is 30% above its 10-year median of 18.61. GuruFocus rates NSE:LEMERITE with a GF Score™ of 65/100 and a GF Value™ of ₹33.61 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 883 Manufacturing - Apparel & Accessories companies, Le Merite Exports ranks worse than 82.11% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Le Merite Exports's enterprise value is ₹2,777 Mil.
Le Merite Exports's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹115 Mil. Therefore, Le Merite Exports's EV-to-EBITDA for today is 24.11.
The historical rank and industry rank for Le Merite Exports's EV-to-EBITDA or its related term are showing as below:
NSE:LEMERITE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.26 Med: 18.61 Max: 276.28
Current: 24.11
During the past 8 years, the highest EV-to-EBITDA of Le Merite Exports was 276.28. The lowest was 5.26. And the median was 18.61.
NSE:LEMERITE's EV-to-EBITDA is ranked worse than 82.11% of 883
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.26
vs NSE:LEMERITE: 24.11
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.
Le Merite Exports (NSE:LEMERITE) 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.
Le Merite Exports's PE Ratio (TTM) for today is calculated as:
Le Merite Exports's share price for today is ₹21.81.
Le Merite Exports'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 ₹0.218.
* 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 Le Merite Exports'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.
Le Merite Exports EV-to-EBITDA Competitor Comparison
For the Textile Manufacturing subindustry, Le Merite Exports'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.
Le Merite Exports EV-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Le Merite Exports's EV-to-EBITDA falls into.
Le Merite Exports's current Enterprise Value is ₹2,777 Mil.
Le Merite Exports'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 ₹115 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.
Le Merite Exports (NSE:LEMERITE) has a EV-to-EBITDA of 24.11 as of Aug. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Le Merite Exports. This is 30% above median its historical median of 18.61. Over the past decade, Le Merite Exports' EV-to-EBITDA has ranged from 5.26 to 276.28. According to the industry distribution chart, Le Merite Exports ranks #725 out of 883 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.1%.
Is Le Merite Exports' EV-to-EBITDA too high?
Le Merite Exports' current EV-to-EBITDA of 24.11 is 30% above median its 10-year median of 18.61. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 276.28. The Manufacturing - Apparel & Accessories industry median EV-to-EBITDA is 9.26. Le Merite Exports' value of 24.11 is 160.4% above this industry median. Based on the distribution chart, Le Merite Exports ranks #725 out of 883 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Le Merite Exports has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Le Merite Exports' EV-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Le Merite Exports ranks #725 out of 883 companies for EV-to-EBITDA. This places Le Merite Exports in the lower half of its industry. The industry median EV-to-EBITDA is 9.26. Le Merite Exports' value of 24.11 is 160.4% above this benchmark. Historically, Le Merite Exports' own EV-to-EBITDA has ranged from 5.26 to 276.28 over the past decade. While the company's 10-year median is 18.61 vs. the industry median of 9.26, Le Merite Exports 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 Manufacturing - Apparel & Accessories company?
The median EV-to-EBITDA among Manufacturing - Apparel & Accessories companies is 9.26, based on 883 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. Le Merite Exports's current EV-to-EBITDA of 24.11 is 160.4% 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 Le Merite Exports. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBITDA is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Merite Exports's current EV-to-EBITDA is 24.11, which is 30% above median its own 10-year median of 18.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Merite Exports stock overvalued right now?
Based on GuruFocus' analysis, Le Merite Exports (NSE:LEMERITE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹33.61, compared to a current price of ₹21.81 — trading 35.1% below its estimated fair value. The current EV-to-EBITDA is 24.11, which is 30% above median its 10-year median of 18.61 and 160.4% above the Manufacturing - Apparel & Accessories industry median of 9.26. Le Merite Exports' overall GF Score™ is 65/100 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 Le Merite Exports (NSE:LEMERITE), the current EV-to-EBITDA is 24.11 as of Aug. 28, 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 Le Merite Exports (NSE:LEMERITE) Overvalued in 2026?
Based on GuruFocus' analysis, Le Merite Exports stock appears to be undervalued.
The current stock price of ₹21.81 is trading 35.1% below its estimated GF Value™ of ₹33.61.
GuruFocus considers Le Merite Exports to be Significantly Undervalued.
Key valuation signals for NSE:LEMERITE:
EV-to-EBITDA: 24.11 (30% above median its 10-year median of 18.61)
GF Value™: ₹33.61 vs. price of ₹21.81 (35.1% below fair value)
Industry Position: 160.4% above the Manufacturing - Apparel & Accessories median (#725 of 883)
No single metric tells the full story. See the NSE:LEMERITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Le Merite Exports Ltd is engaged in the manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. The reportable segment for the Company is textile business.
65GF Score
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