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SPL IndustriesNSE:SPLIL +1.00%68 EV-to-EBITDA is 1.38 as of Aug. 13, 2026, which is 71% below its 10-year median of 4.78. GuruFocus rates NSE:SPLIL with a GF Score™ of 68/100 and a GF Value™ of ₹20.48 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 867 Manufacturing - Apparel & Accessories companies, SPL Industries ranks better than 95.73% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, SPL Industries's enterprise value is ₹152.7 Mil.
SPL Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹110.7 Mil. Therefore, SPL Industries's EV-to-EBITDA for today is 1.38.
The historical rank and industry rank for SPL Industries's EV-to-EBITDA or its related term are showing as below:
NSE:SPLIL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -17.77 Med: 4.78 Max: 24.53
Current: 1.37
During the past 13 years, the highest EV-to-EBITDA of SPL Industries was 24.53. The lowest was -17.77. And the median was 4.78.
NSE:SPLIL's EV-to-EBITDA is ranked better than 95.73% of 867
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.6
vs NSE:SPLIL: 1.37
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.
SPL Industries's PE Ratio (TTM) for today is calculated as:
SPL Industries's share price for today is ₹31.34.
SPL Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.430.
* 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 SPL 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.
NSE:SPLIL vs RL, LEVI, VFC: EV-to-EBITDA Comparison
For the Apparel Manufacturing subindustry, SPL 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.
SPL Industries EV-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, SPL Industries's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where SPL Industries's EV-to-EBITDA falls into.
SPL Industries's current Enterprise Value is ₹152.7 Mil.
SPL Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹110.7 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.
SPL Industries (NSE:SPLIL) has a EV-to-EBITDA of 1.38 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on SPL Industries. This is 71% below median its historical median of 4.78. According to the industry distribution chart, SPL Industries ranks #37 out of 867 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.3%.
Is SPL Industries' EV-to-EBITDA too high?
SPL Industries' current EV-to-EBITDA of 1.38 is 71% below median its 10-year median of 4.78. The Manufacturing - Apparel & Accessories industry median EV-to-EBITDA is 9.60. SPL Industries' value of 1.38 is 85.6% below this industry median. Based on the distribution chart, SPL Industries ranks #37 out of 867 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, SPL Industries has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPL Industries' EV-to-EBITDA compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, SPL Industries ranks #37 out of 867 companies for EV-to-EBITDA. This places SPL Industries in the top 4% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.60. SPL Industries' value of 1.38 is 85.6% below this benchmark. While the company's 10-year median is 4.78 vs. the industry median of 9.60, SPL 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 Manufacturing - Apparel & Accessories company?
The median EV-to-EBITDA among Manufacturing - Apparel & Accessories companies is 9.60, based on 867 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. SPL Industries's current EV-to-EBITDA of 1.38 is 85.6% 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 SPL Industries. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBITDA is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPL Industries's current EV-to-EBITDA is 1.38, which is 71% below median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPL Industries stock overvalued right now?
Based on GuruFocus' analysis, SPL Industries (NSE:SPLIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.48, compared to a current price of ₹31.34 — trading 53% above its estimated fair value. The current EV-to-EBITDA is 1.38, which is 71% below median its 10-year median of 4.78 and 85.6% below the Manufacturing - Apparel & Accessories industry median of 9.60. SPL Industries' overall GF Score™ is 68/100 with 4 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 SPL Industries (NSE:SPLIL), the current EV-to-EBITDA is 1.38 as of Aug. 13, 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 SPL Industries (NSE:SPLIL) Overvalued in 2026?
Based on GuruFocus' analysis, SPL Industries stock appears to be overvalued.
The current stock price of ₹31.34 is trading 53% above its estimated GF Value™ of ₹20.48.
GuruFocus considers SPL Industries to be Significantly Overvalued.
Key valuation signals for NSE:SPLIL:
EV-to-EBITDA: 1.38 (71% below median its 10-year median of 4.78)
GF Value™: ₹20.48 vs. price of ₹31.34 (53% above fair value)
Industry Position: 85.6% below the Manufacturing - Apparel & Accessories median (#37 of 867)
No single metric tells the full story. See the NSE:SPLIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPL Industries Ltd is engaged in the export of garments. The group undertakes various processing activities, including printing, dyeing, coloring, spinning, weaving, combing, knitting, and bleaching. The company's operating segment includes Manufacturing cotton knitted garments and made ups and Processing Charges and Trading of garments. It generates maximum revenue from the Trading segment. Geographically, the location of customers is carried out throughout India and outside India. It generates the majority of revenue from outside India.
68GF Score
Get the complete analysis for NSE:SPLIL
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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