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TRFNSE:TRF +0.11%56 EV-to-EBITDA is 37.59 as of Aug. 30, 2026, which is 1297% above its 10-year median of 2.69. GuruFocus rates NSE:TRF with a GF Score™ of 56/100 and a GF Value™ of ₹255.29 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,479 Industrial Products companies, TRF ranks worse than 76.68% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TRF's enterprise value is ₹5,076.5 Mil.
TRF's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹135.1 Mil. Therefore, TRF's EV-to-EBITDA for today is 37.59.
The historical rank and industry rank for TRF's EV-to-EBITDA or its related term are showing as below:
NSE:TRF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -28.4 Med: 2.69 Max: 87.41
Current: 37.59
During the past 13 years, the highest EV-to-EBITDA of TRF was 87.41. The lowest was -28.40. And the median was 2.69.
NSE:TRF's EV-to-EBITDA is ranked worse than 76.68% of 2479
companies
in the Industrial Products industry
Industry Median: 15.56
vs NSE:TRF: 37.59
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 (2026-08-30), TRF's stock price is ₹229.48.
TRF's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-5.540. Therefore, TRF's PE Ratio (TTM) for today is At Loss.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
TRF's share price for today is ₹229.48.
TRF'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 ₹-5.540.
* 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 TRF'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.
For the Specialty Industrial Machinery subindustry, TRF'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.
TRF EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TRF's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where TRF's EV-to-EBITDA falls into.
TRF's current Enterprise Value is ₹5,076.5 Mil.
TRF'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 ₹135.1 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.
TRF (NSE:TRF) has a EV-to-EBITDA of 37.59 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on TRF. This is 1297% above median its historical median of 2.69. According to the industry distribution chart, TRF ranks #1901 out of 2479 companies in the Industrial Products industry, placing it in the top 76.7%.
Is TRF's EV-to-EBITDA too high?
TRF's current EV-to-EBITDA of 37.59 is 1297% above median its 10-year median of 2.69. The Industrial Products industry median EV-to-EBITDA is 15.56. TRF's value of 37.59 is 141.6% above this industry median. Based on the distribution chart, TRF ranks #1901 out of 2479 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, TRF has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRF's EV-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, TRF ranks #1901 out of 2479 companies for EV-to-EBITDA. This places TRF in the lower half of its industry. The industry median EV-to-EBITDA is 15.56. TRF's value of 37.59 is 141.6% above this benchmark. While the company's 10-year median is 2.69 vs. the industry median of 15.56, TRF 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 an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.56, based on 2,479 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. TRF's current EV-to-EBITDA of 37.59 is 141.6% 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 TRF. For the Industrial Products industry, the median EV-to-EBITDA is 15.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRF's current EV-to-EBITDA is 37.59, which is 1297% above median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRF stock overvalued right now?
Based on GuruFocus' analysis, TRF (NSE:TRF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹255.29, compared to a current price of ₹229.48 — trading 10.1% below its estimated fair value. The current EV-to-EBITDA is 37.59, which is 1297% above median its 10-year median of 2.69 and 141.6% above the Industrial Products industry median of 15.56. TRF's overall GF Score™ is 56/100 with 5 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 TRF (NSE:TRF), the current EV-to-EBITDA is 37.59 as of Aug. 30, 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 TRF (NSE:TRF) Overvalued in 2026?
Based on GuruFocus' analysis, TRF stock appears to be undervalued.
The current stock price of ₹229.48 is trading 10.1% below its estimated GF Value™ of ₹255.29.
GuruFocus considers TRF to be Modestly Undervalued.
Key valuation signals for NSE:TRF:
EV-to-EBITDA: 37.59 (1297% above median its 10-year median of 2.69)
GF Value™: ₹255.29 vs. price of ₹229.48 (10.1% below fair value)
Industry Position: 141.6% above the Industrial Products median (#1901 of 2479)
No single metric tells the full story. See the NSE:TRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRF Ltd through its subsidiaries is engaged in material handling equipment such as stackers, reclaimers, stacker-cum-reclaimers, ship loaders, unloaders, general conveyors, idler rollers, and all types of machinery for sorting, screening, and separating. The company undertakes turnkey projects of material handling for the infrastructure sector such as power and ports and industrial sectors such as steel plants, cement, fertilizers, and mining. The company is also engaged in the production of such material-handling equipment. Further, the company is engaged in providing services relating to design, engineering, and supervision.
56GF Score
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