Maithan Alloys (NSE:MAITHANALL) EV-to-EBITDA: 3.11 (As of Sep. 22, 2026) — Near Median

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NSE:MAITHANALL Maithan Alloys Ltd NSE:MAITHANALL
79 GF Score
Price ₹998.25
GF Value ₹1,097.61
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Maithan Alloys EV-to-EBITDA?

Maithan Alloys NSE:MAITHANALL -1.79% 79 EV-to-EBITDA is 3.11 as of Sep. 22, 2026, which is 7% below its 10-year median of 3.33. GuruFocus rates NSE:MAITHANALL with a GF Score™ of 79/100 and a GF Value™ of ₹1,097.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 540 Steel companies, Maithan Alloys ranks better than 90.19% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Maithan Alloys's enterprise value is ₹14,452 Mil. Maithan Alloys's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹4,649 Mil. Therefore, Maithan Alloys's EV-to-EBITDA for today is 3.11.

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

NSE:MAITHANALL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.54   Med: 3.33   Max: 22.29
Current: 3.11

During the past 13 years, the highest EV-to-EBITDA of Maithan Alloys was 22.29. The lowest was 0.54. And the median was 3.33.

NSE:MAITHANALL's EV-to-EBITDA is ranked better than
90.19% of 540 companies
in the Steel industry
Industry Median: 9.09 vs NSE:MAITHANALL: 3.11

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.

As of today (2026-09-22), Maithan Alloys's stock price is ₹998.25. Maithan Alloys's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹99.806. Therefore, Maithan Alloys's PE Ratio (TTM) for today is 10.00.

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


Maithan Alloys  (NSE:MAITHANALL) 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.

Maithan Alloys's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=998.25/99.806
=10.00

Maithan Alloys's share price for today is ₹998.25.
Maithan Alloys'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 ₹99.806.

* 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?


Maithan Alloys EV-to-EBITDA Related Terms


Maithan Alloys EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Maithan Alloys'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.

Maithan Alloys EV-to-EBITDA Chart

Maithan Alloys 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 2.68 0.51 2.27 1.24 1.36

Maithan Alloys 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 3.48 2.15 4.34 1.36 6.43

NSE:MAITHANALL vs NUE, STLD, RS: EV-to-EBITDA Comparison

For the Steel subindustry, Maithan Alloys'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.


Maithan Alloys EV-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Maithan Alloys's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Maithan Alloys's EV-to-EBITDA falls into.


NSE:MAITHANALL
79GF Score
Maithan Alloys Ltd NSE:MAITHANALL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maithan Alloys EV-to-EBITDA Calculation

Maithan Alloys's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=14451.920/4649.4
=3.11

Maithan Alloys's current Enterprise Value is ₹14,452 Mil.
Maithan Alloys'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 ₹4,649 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 3.11 mean?
Maithan Alloys (NSE:MAITHANALL) has a EV-to-EBITDA of 3.11 as of Sep. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Maithan Alloys. This is near median its historical median of 3.33. Over the past decade, Maithan Alloys' EV-to-EBITDA has ranged from 0.54 to 22.29. According to the industry distribution chart, Maithan Alloys ranks #53 out of 540 companies in the Steel industry, placing it in the top 9.8%.
Is Maithan Alloys' EV-to-EBITDA too high?
Maithan Alloys' current EV-to-EBITDA of 3.11 is near median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 22.29. The Steel industry median EV-to-EBITDA is 9.09. Maithan Alloys' value of 3.11 is 65.8% below this industry median. Based on the distribution chart, Maithan Alloys ranks #53 out of 540 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maithan Alloys has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Maithan Alloys ranks #53 out of 540 companies for EV-to-EBITDA. This places Maithan Alloys in the top 10% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.09. Maithan Alloys' value of 3.11 is 65.8% below this benchmark. Historically, Maithan Alloys' own EV-to-EBITDA has ranged from 0.54 to 22.29 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 9.09, Maithan Alloys has consistently been below 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 Steel company?
The median EV-to-EBITDA among Steel companies is 9.09, based on 540 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. Maithan Alloys's current EV-to-EBITDA of 3.11 is 65.8% below 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 Maithan Alloys. For the Steel industry, the median EV-to-EBITDA is 9.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maithan Alloys's current EV-to-EBITDA is 3.11, which is near median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,097.61, compared to a current price of ₹998.25 — trading 9.1% below its estimated fair value. The current EV-to-EBITDA is 3.11, which is near median its 10-year median of 3.33 and 65.8% below the Steel industry median of 9.09. Maithan Alloys' overall GF Score™ is 79/100 with 6 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 Maithan Alloys (NSE:MAITHANALL), the current EV-to-EBITDA is 3.11 as of Sep. 22, 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 Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?

Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued. The current stock price of ₹998.25 is trading 9.1% below its estimated GF Value™ of ₹1,097.61. GuruFocus considers Maithan Alloys to be Fairly Valued.

Key valuation signals for NSE:MAITHANALL:

  • EV-to-EBITDA: 3.11 (near median its 10-year median of 3.33)
  • GF Value™: ₹1,097.61 vs. price of ₹998.25 (9.1% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 65.8% below the Steel median (#53 of 540)

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


Maithan Alloys Business Description

Other Exchanges 590078:India
Address Village Debipur, P.O. Kalyaneshwari, District Paschim Bardhaman, Burdwan, WB, IND, 713369
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
79GF Score

Get the complete analysis for NSE:MAITHANALL

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

₹998.25
Price
₹1,097.61
GF Value