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Mazagon Dock ShipbuildersNSE:MAZDOCK -0.84%91 EV-to-EBITDA is 23.27 as of Sep. 08, 2026, which is 48% above its 10-year median of 15.77. GuruFocus rates NSE:MAZDOCK with a GF Score™ of 91/100 and a GF Value™ of ₹2,852.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 263 Aerospace & Defense companies, Mazagon Dock Shipbuilders ranks worse than 57.41% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mazagon Dock Shipbuilders's enterprise value is ₹861,101 Mil.
Mazagon Dock Shipbuilders's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹37,001 Mil. Therefore, Mazagon Dock Shipbuilders's EV-to-EBITDA for today is 23.27.
The historical rank and industry rank for Mazagon Dock Shipbuilders's EV-to-EBITDA or its related term are showing as below:
NSE:MAZDOCK'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -7.79 Med: 15.77 Max: 46.17
Current: 23.27
During the past 10 years, the highest EV-to-EBITDA of Mazagon Dock Shipbuilders was 46.17. The lowest was -7.79. And the median was 15.77.
NSE:MAZDOCK's EV-to-EBITDA is ranked worse than 57.41% of 263
companies
in the Aerospace & Defense industry
Industry Median: 20.13
vs NSE:MAZDOCK: 23.27
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.
Mazagon Dock Shipbuilders (NSE:MAZDOCK) 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.
Mazagon Dock Shipbuilders's PE Ratio (TTM) for today is calculated as:
Mazagon Dock Shipbuilders's share price for today is ₹2454.20.
Mazagon Dock Shipbuilders'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 ₹70.850.
* 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).
* 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:MAZDOCK vs SPCX, GE, RTX: EV-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Mazagon Dock Shipbuilders'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.
Mazagon Dock Shipbuilders EV-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mazagon Dock Shipbuilders's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mazagon Dock Shipbuilders's EV-to-EBITDA falls into.
Mazagon Dock Shipbuilders's current Enterprise Value is ₹861,101 Mil.
Mazagon Dock Shipbuilders'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 ₹37,001 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.
Mazagon Dock Shipbuilders (NSE:MAZDOCK) has a EV-to-EBITDA of 23.27 as of Sep. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mazagon Dock Shipbuilders. This is 48% above median its historical median of 15.77. According to the industry distribution chart, Mazagon Dock Shipbuilders ranks #151 out of 263 companies in the Aerospace & Defense industry, placing it in the top 57.4%.
Is Mazagon Dock Shipbuilders' EV-to-EBITDA too high?
Mazagon Dock Shipbuilders' current EV-to-EBITDA of 23.27 is 48% above median its 10-year median of 15.77. The Aerospace & Defense industry median EV-to-EBITDA is 20.13. Mazagon Dock Shipbuilders' value of 23.27 is 15.6% above this industry median. Based on the distribution chart, Mazagon Dock Shipbuilders ranks #151 out of 263 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Mazagon Dock Shipbuilders has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazagon Dock Shipbuilders' EV-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mazagon Dock Shipbuilders ranks #151 out of 263 companies for EV-to-EBITDA. This places Mazagon Dock Shipbuilders in the lower half of its industry. The industry median EV-to-EBITDA is 20.13. Mazagon Dock Shipbuilders' value of 23.27 is 15.6% above this benchmark. While the company's 10-year median is 15.77 vs. the industry median of 20.13, Mazagon Dock Shipbuilders 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 Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 20.13, based on 263 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. Mazagon Dock Shipbuilders's current EV-to-EBITDA of 23.27 is 15.6% 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 Mazagon Dock Shipbuilders. For the Aerospace & Defense industry, the median EV-to-EBITDA is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazagon Dock Shipbuilders's current EV-to-EBITDA is 23.27, which is 48% above median its own 10-year median of 15.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazagon Dock Shipbuilders stock overvalued right now?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders (NSE:MAZDOCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,852.57, compared to a current price of ₹2,454.20 — trading 14% below its estimated fair value. The current EV-to-EBITDA is 23.27, which is 48% above median its 10-year median of 15.77 and 15.6% above the Aerospace & Defense industry median of 20.13. Mazagon Dock Shipbuilders' overall GF Score™ is 91/100 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK), the current EV-to-EBITDA is 23.27 as of Sep. 08, 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK) Overvalued in 2026?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued.
The current stock price of ₹2,454.20 is trading 14% below its estimated GF Value™ of ₹2,852.57.
GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.
Key valuation signals for NSE:MAZDOCK:
EV-to-EBITDA: 23.27 (48% above median its 10-year median of 15.77)
GF Value™: ₹2,852.57 vs. price of ₹2,454.20 (14% below fair value)
Industry Position: 15.6% above the Aerospace & Defense median (#151 of 263)
No single metric tells the full story. See the NSE:MAZDOCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The company is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, ferries, tugs, dredgers, barges, submarines, merchant ships, etc., with facilities situated in Mumbai and Nhava. It also offers ship designing, ship repairs and refit, tug support, and other related services. The company is organized into two segments: Shipbuilding and Submarine (New Construction and Repairs) and others.
91GF Score
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