SPP Polymer (NSE:SPPPOLY) EV-to-EBITDA: 3.63 (As of Sep. 09, 2026) — 15% Below 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:SPPPOLY SPP Polymer Ltd NSE:SPPPOLY
12 GF Score
Price ₹12.05
! 4 Warning Signs
View Full Analysis

What is SPP Polymer EV-to-EBITDA?

SPP Polymer NSE:SPPPOLY -4.74% 12 EV-to-EBITDA is 3.63 as of Sep. 09, 2026, which is 15% below its 10-year median of 4.26. GuruFocus rates NSE:SPPPOLY with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 355 Packaging & Containers companies, SPP Polymer ranks better than 87.04% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, SPP Polymer's enterprise value is ₹262 Mil. SPP Polymer's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was ₹72 Mil. Therefore, SPP Polymer's EV-to-EBITDA for today is 3.63.

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

NSE:SPPPOLY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.18   Med: 4.26   Max: 12.09
Current: 3.63

During the past 5 years, the highest EV-to-EBITDA of SPP Polymer was 12.09. The lowest was 3.18. And the median was 4.26.

NSE:SPPPOLY's EV-to-EBITDA is ranked better than
87.04% of 355 companies
in the Packaging & Containers industry
Industry Median: 8.68 vs NSE:SPPPOLY: 3.63

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 (2026-09-09), SPP Polymer's stock price is ₹12.05. SPP Polymer's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹0.730. Therefore, SPP Polymer's PE Ratio (TTM) for today is 16.51.

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


SPP Polymer  (NSE:SPPPOLY) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12.05/0.730
=16.51

SPP Polymer's share price for today is ₹12.05.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SPP Polymer's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹0.730.

* 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?


SPP Polymer EV-to-EBITDA Related Terms


SPP Polymer EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SPP Polymer'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.

SPP Polymer EV-to-EBITDA Chart

SPP Polymer Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-EBITDA
0.00 0.00 0.00 0.00 3.95

SPP Polymer Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-EBITDA 0.00 0.00 0.00 0.00 3.95

NSE:SPPPOLY vs SW, AMCR, PKG: EV-to-EBITDA Comparison

For the Packaging & Containers subindustry, SPP Polymer'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.


SPP Polymer EV-to-EBITDA vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SPP Polymer's EV-to-EBITDA distribution charts can be found below:

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


NSE:SPPPOLY
12GF Score
SPP Polymer Ltd NSE:SPPPOLY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPP Polymer EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=262.484/72.214
=3.63

SPP Polymer's current Enterprise Value is ₹262 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SPP Polymer's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was ₹72 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 3.63 mean?
SPP Polymer (NSE:SPPPOLY) has a EV-to-EBITDA of 3.63 as of Sep. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on SPP Polymer. This is 15% below median its historical median of 4.26. Over the past decade, SPP Polymer's EV-to-EBITDA has ranged from 3.18 to 12.09. According to the industry distribution chart, SPP Polymer ranks #46 out of 355 companies in the Packaging & Containers industry, placing it in the top 13%.
Is SPP Polymer's EV-to-EBITDA too high?
SPP Polymer's current EV-to-EBITDA of 3.63 is 15% below median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 12.09. The Packaging & Containers industry median EV-to-EBITDA is 8.68. SPP Polymer's value of 3.63 is 58.2% below this industry median. Based on the distribution chart, SPP Polymer ranks #46 out of 355 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, SPP Polymer has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SPP Polymer's EV-to-EBITDA compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, SPP Polymer ranks #46 out of 355 companies for EV-to-EBITDA. This places SPP Polymer in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.68. SPP Polymer's value of 3.63 is 58.2% below this benchmark. Historically, SPP Polymer's own EV-to-EBITDA has ranged from 3.18 to 12.09 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 8.68, SPP Polymer 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 Packaging & Containers company?
The median EV-to-EBITDA among Packaging & Containers companies is 8.68, based on 355 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. SPP Polymer's current EV-to-EBITDA of 3.63 is 58.2% 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 SPP Polymer. For the Packaging & Containers industry, the median EV-to-EBITDA is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPP Polymer's current EV-to-EBITDA is 3.63, which is 15% below median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPP Polymer stock overvalued right now?
SPP Polymer (NSE:SPPPOLY) has a current EV-to-EBITDA of 3.63. The current EV-to-EBITDA is 3.63, which is 15% below median its 10-year median of 4.26 and 58.2% below the Packaging & Containers industry median of 8.68. SPP Polymer's overall GF Score™ is 12/100 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 SPP Polymer (NSE:SPPPOLY), the current EV-to-EBITDA is 3.63 as of Sep. 09, 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.

SPP Polymer Business Description

Address Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153
SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.
12GF Score

Get the complete analysis for NSE:SPPPOLY

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

₹12.05
Price