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SML MahindraNSE:SMLMAH +4.86%66 EV-to-EBITDA is 34.96 as of Sep. 14, 2026, which is 123% above its 10-year median of 15.67. GuruFocus rates NSE:SMLMAH with a GF Score™ of 66/100 and a GF Value™ of ₹2,867.16 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,149 Vehicles & Parts companies, SML Mahindra ranks worse than 88.51% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, SML Mahindra's enterprise value is ₹98,209 Mil.
SML Mahindra's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,809 Mil. Therefore, SML Mahindra's EV-to-EBITDA for today is 34.96.
The historical rank and industry rank for SML Mahindra's EV-to-EBITDA or its related term are showing as below:
NSE:SMLMAH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -806.77 Med: 15.67 Max: 89.01
Current: 34.96
During the past 13 years, the highest EV-to-EBITDA of SML Mahindra was 89.01. The lowest was -806.77. And the median was 15.67.
NSE:SMLMAH's EV-to-EBITDA is ranked worse than 88.51% of 1149
companies
in the Vehicles & Parts industry
Industry Median: 9.17
vs NSE:SMLMAH: 34.96
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.
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.
SML Mahindra's PE Ratio (TTM) for today is calculated as:
SML Mahindra's share price for today is ₹6583.00.
SML Mahindra'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 ₹108.080.
* 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 SML Mahindra'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:SMLMAH vs TSLA, GM, F: EV-to-EBITDA Comparison
For the Auto Manufacturers subindustry, SML Mahindra'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.
SML Mahindra EV-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SML Mahindra's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where SML Mahindra's EV-to-EBITDA falls into.
SML Mahindra's current Enterprise Value is ₹98,209 Mil.
SML Mahindra'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 ₹2,809 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.
SML Mahindra (NSE:SMLMAH) has a EV-to-EBITDA of 34.96 as of Sep. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on SML Mahindra. This is 123% above median its historical median of 15.67. According to the industry distribution chart, SML Mahindra ranks #1017 out of 1149 companies in the Vehicles & Parts industry, placing it in the top 88.5%.
Is SML Mahindra's EV-to-EBITDA too high?
SML Mahindra's current EV-to-EBITDA of 34.96 is 123% above median its 10-year median of 15.67. The Vehicles & Parts industry median EV-to-EBITDA is 9.17. SML Mahindra's value of 34.96 is 281.2% above this industry median. Based on the distribution chart, SML Mahindra ranks #1017 out of 1149 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, SML Mahindra has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SML Mahindra's EV-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, SML Mahindra ranks #1017 out of 1149 companies for EV-to-EBITDA. This places SML Mahindra in the lower half of its industry. The industry median EV-to-EBITDA is 9.17. SML Mahindra's value of 34.96 is 281.2% above this benchmark. While the company's 10-year median is 15.67 vs. the industry median of 9.17, SML Mahindra 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 9.17, based on 1,149 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. SML Mahindra's current EV-to-EBITDA of 34.96 is 281.2% 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 SML Mahindra. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SML Mahindra's current EV-to-EBITDA is 34.96, which is 123% above median its own 10-year median of 15.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SML Mahindra stock overvalued right now?
Based on GuruFocus' analysis, SML Mahindra (NSE:SMLMAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,867.16, compared to a current price of ₹6,583.00 — trading 129.6% above its estimated fair value. The current EV-to-EBITDA is 34.96, which is 123% above median its 10-year median of 15.67 and 281.2% above the Vehicles & Parts industry median of 9.17. SML Mahindra's overall GF Score™ is 66/100 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 SML Mahindra (NSE:SMLMAH), the current EV-to-EBITDA is 34.96 as of Sep. 14, 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 SML Mahindra (NSE:SMLMAH) Overvalued in 2026?
Based on GuruFocus' analysis, SML Mahindra stock appears to be overvalued.
The current stock price of ₹6,583.00 is trading 129.6% above its estimated GF Value™ of ₹2,867.16.
GuruFocus considers SML Mahindra to be Significantly Overvalued.
Key valuation signals for NSE:SMLMAH:
EV-to-EBITDA: 34.96 (123% above median its 10-year median of 15.67)
GF Value™: ₹2,867.16 vs. price of ₹6,583.00 (129.6% above fair value)
Industry Position: 281.2% above the Vehicles & Parts median (#1017 of 1149)
No single metric tells the full story. See the NSE:SMLMAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SML Mahindra Ltd, formerly SML Isuzu Ltd is engaged in the business of manufacturing and selling of commercial vehicles including light and medium-duty trucks, buses, ambulances, and specialized vehicles. The company integrates Japanese technology with local manufacturing to offer reliable and cost-effective transportation solutions. Its product portfolio spans cargo trucks and passenger buses with variants that support different industries such as education, tourism, and corporate transport. Revenue is majorly generated through the sale of vehicles and after-sales services including telematics support. The company operates predominantly in India and exports to several countries across Africa and Asia.
66GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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