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.
MastekNSE:MASTEK -1.36%90 EV-to-EBITDA is 7.41 as of Aug. 21, 2026, which is 29% below its 10-year median of 10.41. GuruFocus rates NSE:MASTEK with a GF Score™ of 90/100 and a GF Value™ of ₹2,818.93 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,965 Software companies, Mastek ranks better than 64.89% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mastek's enterprise value is ₹47,498 Mil.
Mastek's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹6,414 Mil. Therefore, Mastek's EV-to-EBITDA for today is 7.41.
The historical rank and industry rank for Mastek's EV-to-EBITDA or its related term are showing as below:
NSE:MASTEK'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.85 Med: 10.41 Max: 20.73
Current: 7.4
During the past 13 years, the highest EV-to-EBITDA of Mastek was 20.73. The lowest was 2.85. And the median was 10.41.
NSE:MASTEK's EV-to-EBITDA is ranked better than 64.89% of 1965
companies
in the Software industry
Industry Median: 10.39
vs NSE:MASTEK: 7.40
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 (2026-08-21), Mastek's stock price is ₹1693.50.
Mastek's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹133.890. Therefore, Mastek's PE Ratio (TTM) for today is 12.65.
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.
Mastek's share price for today is ₹1693.50.
Mastek'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 ₹133.890.
* 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 Mastek'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:MASTEK vs IBM, ACN, FISV: EV-to-EBITDA Comparison
For the Information Technology Services subindustry, Mastek'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.
Mastek EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Mastek's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mastek's EV-to-EBITDA falls into.
Mastek's current Enterprise Value is ₹47,498 Mil.
Mastek'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 ₹6,414 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.
Mastek (NSE:MASTEK) has a EV-to-EBITDA of 7.41 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mastek. This is 29% below median its historical median of 10.41. Over the past decade, Mastek's EV-to-EBITDA has ranged from 2.85 to 20.73. According to the industry distribution chart, Mastek ranks #690 out of 1965 companies in the Software industry, placing it in the top 35.1%.
Is Mastek's EV-to-EBITDA too high?
Mastek's current EV-to-EBITDA of 7.41 is 29% below median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 20.73. The Software industry median EV-to-EBITDA is 10.39. Mastek's value of 7.41 is 28.7% below this industry median. Based on the distribution chart, Mastek ranks #690 out of 1965 companies in the Software industry, which is above the industry midpoint. Overall, Mastek has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mastek's EV-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Mastek ranks #690 out of 1965 companies for EV-to-EBITDA. This puts Mastek in the upper half of its industry. The industry median EV-to-EBITDA is 10.39. Mastek's value of 7.41 is 28.7% below this benchmark. Historically, Mastek's own EV-to-EBITDA has ranged from 2.85 to 20.73 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 10.39, Mastek 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 Software company?
The median EV-to-EBITDA among Software companies is 10.39, based on 1,965 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. Mastek's current EV-to-EBITDA of 7.41 is 28.7% 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 Mastek. For the Software industry, the median EV-to-EBITDA is 10.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mastek's current EV-to-EBITDA is 7.41, which is 29% below median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mastek stock overvalued right now?
Based on GuruFocus' analysis, Mastek (NSE:MASTEK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,818.93, compared to a current price of ₹1,693.50 — trading 39.9% below its estimated fair value. The current EV-to-EBITDA is 7.41, which is 29% below median its 10-year median of 10.41 and 28.7% below the Software industry median of 10.39. Mastek's overall GF Score™ is 90/100 with 3 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 Mastek (NSE:MASTEK), the current EV-to-EBITDA is 7.41 as of Aug. 21, 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 Mastek (NSE:MASTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Mastek stock appears to be undervalued.
The current stock price of ₹1,693.50 is trading 39.9% below its estimated GF Value™ of ₹2,818.93.
GuruFocus considers Mastek to be Significantly Undervalued.
Key valuation signals for NSE:MASTEK:
EV-to-EBITDA: 7.41 (29% below median its 10-year median of 10.41)
GF Value™: ₹2,818.93 vs. price of ₹1,693.50 (39.9% below fair value)
Industry Position: 28.7% below the Software median (#690 of 1965)
No single metric tells the full story. See the NSE:MASTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mastek Ltd is a provider of vertically-focused enterprise technology solutions. The company's offering portfolio consists of information technology consulting, application maintenance, application development, application management outsourcing, testing, data warehousing, business intelligence, and application security. It also focuses on agile consulting, legacy modernisation, Oracle Cloud, Oracle ERP Cloud, product-as-a-service solutions and machine learning, and digital e-commerce. Geographically the company exports its services to the United Kingdom, North America, the Middle East, and Other regions. The United Kingdom region generates maximum revenue for the company.
90GF Score
Get the complete analysis for NSE:MASTEK
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:MASTEK has been successfully added to your 
