N R Agarwal Industries (NSE:NRAIL) EV-to-EBITDA: 8.14 (As of Sep. 12, 2026) — 102% Above Median

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NSE:NRAIL N R Agarwal Industries Ltd NSE:NRAIL
80 GF Score
Price ₹627.90
GF Value ₹578.43
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is N R Agarwal Industries EV-to-EBITDA?

N R Agarwal Industries NSE:NRAIL +5.48% 80 EV-to-EBITDA is 8.14 as of Sep. 12, 2026, which is 102% above its 10-year median of 4.03. GuruFocus rates NSE:NRAIL with a GF Score™ of 80/100 and a GF Value™ of ₹578.43 (Fairly Valued). The stock has 9 warning signs investors should review. Among 217 Forest Products companies, N R Agarwal Industries ranks better than 56.68% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, N R Agarwal Industries's enterprise value is ₹18,748 Mil. N R Agarwal Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,303 Mil. Therefore, N R Agarwal Industries's EV-to-EBITDA for today is 8.14.

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

NSE:NRAIL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.21   Med: 4.03   Max: 10.16
Current: 8.14

During the past 13 years, the highest EV-to-EBITDA of N R Agarwal Industries was 10.16. The lowest was 1.21. And the median was 4.03.

NSE:NRAIL's EV-to-EBITDA is ranked better than
56.68% of 217 companies
in the Forest Products industry
Industry Median: 9.07 vs NSE:NRAIL: 8.14

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 (2026-09-12), N R Agarwal Industries's stock price is ₹627.90. N R Agarwal Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹36.500. Therefore, N R Agarwal Industries's PE Ratio (TTM) for today is 17.20.

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


N R Agarwal Industries  (NSE:NRAIL) 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.

N R Agarwal Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=627.90/36.500
=17.20

N R Agarwal Industries's share price for today is ₹627.90.
N R Agarwal Industries'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 ₹36.500.

* 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?


N R Agarwal Industries EV-to-EBITDA Related Terms


N R Agarwal Industries EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for N R Agarwal Industries'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.

N R Agarwal Industries EV-to-EBITDA Chart

N R Agarwal Industries 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 4.19 2.61 6.99 6.55 8.02

N R Agarwal Industries 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 4.21 9.35 5.06 8.02 3.27

N R Agarwal Industries EV-to-EBITDA Competitor Comparison

For the Paper & Paper Products subindustry, N R Agarwal Industries'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.


N R Agarwal Industries EV-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, N R Agarwal Industries's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where N R Agarwal Industries's EV-to-EBITDA falls into.


NSE:NRAIL
80GF Score
N R Agarwal Industries Ltd NSE:NRAIL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

N R Agarwal Industries EV-to-EBITDA Calculation

N R Agarwal Industries's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=18747.924/2302.81
=8.14

N R Agarwal Industries's current Enterprise Value is ₹18,748 Mil.
N R Agarwal Industries'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 ₹2,303 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 8.14 mean?
N R Agarwal Industries (NSE:NRAIL) has a EV-to-EBITDA of 8.14 as of Sep. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on N R Agarwal Industries. This is 102% above median its historical median of 4.03. Over the past decade, N R Agarwal Industries' EV-to-EBITDA has ranged from 1.21 to 10.16. According to the industry distribution chart, N R Agarwal Industries ranks #94 out of 217 companies in the Forest Products industry, placing it in the top 43.3%.
Is N R Agarwal Industries' EV-to-EBITDA too high?
N R Agarwal Industries' current EV-to-EBITDA of 8.14 is 102% above median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 10.16. The Forest Products industry median EV-to-EBITDA is 9.07. N R Agarwal Industries' value of 8.14 is 10.3% below this industry median. Based on the distribution chart, N R Agarwal Industries ranks #94 out of 217 companies in the Forest Products industry, which is above the industry midpoint. Overall, N R Agarwal Industries has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does N R Agarwal Industries' EV-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, N R Agarwal Industries ranks #94 out of 217 companies for EV-to-EBITDA. This puts N R Agarwal Industries in the upper half of its industry. The industry median EV-to-EBITDA is 9.07. N R Agarwal Industries' value of 8.14 is 10.3% below this benchmark. Historically, N R Agarwal Industries' own EV-to-EBITDA has ranged from 1.21 to 10.16 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 9.07, N R Agarwal Industries 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 Forest Products company?
The median EV-to-EBITDA among Forest Products companies is 9.07, based on 217 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. N R Agarwal Industries's current EV-to-EBITDA of 8.14 is 10.3% 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 N R Agarwal Industries. For the Forest Products industry, the median EV-to-EBITDA is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N R Agarwal Industries's current EV-to-EBITDA is 8.14, which is 102% above median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N R Agarwal Industries stock overvalued right now?
Based on GuruFocus' analysis, N R Agarwal Industries (NSE:NRAIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹578.43, compared to a current price of ₹627.90 — trading 8.6% above its estimated fair value. The current EV-to-EBITDA is 8.14, which is 102% above median its 10-year median of 4.03 and 10.3% below the Forest Products industry median of 9.07. N R Agarwal Industries' overall GF Score™ is 80/100 with 9 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 N R Agarwal Industries (NSE:NRAIL), the current EV-to-EBITDA is 8.14 as of Sep. 12, 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 N R Agarwal Industries (NSE:NRAIL) Overvalued in 2026?

Based on GuruFocus' analysis, N R Agarwal Industries stock appears to be overvalued. The current stock price of ₹627.90 is trading 8.6% above its estimated GF Value™ of ₹578.43. GuruFocus considers N R Agarwal Industries to be Fairly Valued.

Key valuation signals for NSE:NRAIL:

  • EV-to-EBITDA: 8.14 (102% above median its 10-year median of 4.03)
  • GF Value™: ₹578.43 vs. price of ₹627.90 (8.6% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 10.3% below the Forest Products median (#94 of 217)

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


N R Agarwal Industries Business Description

Other Exchanges 516082:India
Address New Link Road, 502-A/501-B, Fortune Terraces, 5th Floor, Opposite City Mall, Andheri (West), Mumbai, MH, IND, 400053
N R Agarwal Industries Ltd is an India-based company, which is principally engaged in the manufacturing of quality finished paper and paper products. The products of the comany include duplex boards, copiers, newsprint, writing, and printing products. The company generates a majority of its revenue from the sale of paper-related products. Geographically, it derives maximum revenue domestically.
80GF Score

Get the complete analysis for NSE:NRAIL

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

₹627.90
Price
₹578.43
GF Value