Minda (NSE:MINDACORP) EV-to-EBITDA: 20.05 (As of Aug. 15, 2026) — 54% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:MINDACORP Minda Corp Ltd NSE:MINDACORP
88 GF Score
Price ₹720.05
GF Value ₹694.48
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Minda EV-to-EBITDA?

Minda NSE:MINDACORP +1.12% 88 EV-to-EBITDA is 20.05 as of Aug. 15, 2026, which is 54% above its 10-year median of 13.00. GuruFocus rates NSE:MINDACORP with a GF Score™ of 88/100 and a GF Value™ of ₹694.48 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,153 Vehicles & Parts companies, Minda ranks worse than 81.79% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Minda's enterprise value is ₹183,001 Mil. Minda's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9,126 Mil. Therefore, Minda's EV-to-EBITDA for today is 20.05.

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

NSE:MINDACORP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4   Med: 13   Max: 27.96
Current: 20.05

During the past 13 years, the highest EV-to-EBITDA of Minda was 27.96. The lowest was 4.00. And the median was 13.00.

NSE:MINDACORP's EV-to-EBITDA is ranked worse than
81.79% of 1153 companies
in the Vehicles & Parts industry
Industry Median: 9.52 vs NSE:MINDACORP: 20.05

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 (2026-08-15), Minda's stock price is ₹720.05. Minda's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹20.950. Therefore, Minda's PE Ratio (TTM) for today is 34.37.

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


Minda  (NSE:MINDACORP) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=720.05/20.950
=34.37

Minda's share price for today is ₹720.05.
Minda'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 ₹20.950.

* 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?


Minda EV-to-EBITDA Related Terms


Minda EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Minda'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.

Minda EV-to-EBITDA Chart

Minda 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 14.52 11.90 18.76 23.54 18.19

Minda 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 19.58 22.71 19.89 18.19 17.97

NSE:MINDACORP vs ORLY, AZO: EV-to-EBITDA Comparison

For the Auto Parts subindustry, Minda'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.


Minda EV-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Minda's EV-to-EBITDA distribution charts can be found below:

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


NSE:MINDACORP
88GF Score
Minda Corp Ltd NSE:MINDACORP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minda EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=183000.624/9125.6
=20.05

Minda's current Enterprise Value is ₹183,001 Mil.
Minda'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 ₹9,126 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 20.05 mean?
Minda (NSE:MINDACORP) has a EV-to-EBITDA of 20.05 as of Aug. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Minda. This is 54% above median its historical median of 13.00. Over the past decade, Minda's EV-to-EBITDA has ranged from 4.00 to 27.96. According to the industry distribution chart, Minda ranks #943 out of 1153 companies in the Vehicles & Parts industry, placing it in the top 81.8%.
Is Minda's EV-to-EBITDA too high?
Minda's current EV-to-EBITDA of 20.05 is 54% above median its 10-year median of 13.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 27.96. The Vehicles & Parts industry median EV-to-EBITDA is 9.52. Minda's value of 20.05 is 110.6% above this industry median. Based on the distribution chart, Minda ranks #943 out of 1153 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Minda has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minda's EV-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Minda ranks #943 out of 1153 companies for EV-to-EBITDA. This places Minda in the lower half of its industry. The industry median EV-to-EBITDA is 9.52. Minda's value of 20.05 is 110.6% above this benchmark. Historically, Minda's own EV-to-EBITDA has ranged from 4.00 to 27.96 over the past decade. While the company's 10-year median is 13.00 vs. the industry median of 9.52, Minda 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 Vehicles & Parts company?
The median EV-to-EBITDA among Vehicles & Parts companies is 9.52, based on 1,153 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. Minda's current EV-to-EBITDA of 20.05 is 110.6% 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 Minda. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minda's current EV-to-EBITDA is 20.05, which is 54% above median its own 10-year median of 13.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minda stock overvalued right now?
Based on GuruFocus' analysis, Minda (NSE:MINDACORP) is currently considered Fairly Valued. The stock's GF Value™ is ₹694.48, compared to a current price of ₹720.05 — trading 3.7% above its estimated fair value. The current EV-to-EBITDA is 20.05, which is 54% above median its 10-year median of 13.00 and 110.6% above the Vehicles & Parts industry median of 9.52. Minda's overall GF Score™ is 88/100 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 Minda (NSE:MINDACORP), the current EV-to-EBITDA is 20.05 as of Aug. 15, 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 Minda (NSE:MINDACORP) Overvalued in 2026?

Based on GuruFocus' analysis, Minda stock appears to be overvalued. The current stock price of ₹720.05 is trading 3.7% above its estimated GF Value™ of ₹694.48. GuruFocus considers Minda to be Fairly Valued.

Key valuation signals for NSE:MINDACORP:

  • EV-to-EBITDA: 20.05 (54% above median its 10-year median of 13.00)
  • GF Value™: ₹694.48 vs. price of ₹720.05 (3.7% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 110.6% above the Vehicles & Parts median (#943 of 1153)

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


Minda Business Description

Other Exchanges 538962:India
Address D6-11, Sector 59, Noida, UP, IND, 201301
Minda Corp Ltd is engaged in the manufacturing of Automobile Components and Parts. Its products and solutions are 2W Vehicle Access Division, 4W Vehicle Access Division, Electrical Distribution System Division, Die Casting Division, Drivers Information System Division, and Others. Its geographic locations are the Domestic, Asia, America, Europe, and Africa.
88GF Score

Get the complete analysis for NSE:MINDACORP

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

₹720.05
Price
₹694.48
GF Value