Tata Teleservices (Maharashtra) (NSE:TTML) EV-to-EBITDA: 20.12 (As of Aug. 18, 2026) — 44% Above Median

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NSE:TTML Tata Teleservices (Maharashtra) Ltd NSE:TTML
44 GF Score
Price ₹38.15
GF Value ₹64.56
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Tata Teleservices (Maharashtra) EV-to-EBITDA?

Tata Teleservices (Maharashtra) NSE:TTML -1.14% 44 EV-to-EBITDA is 20.12 as of Aug. 18, 2026, which is 44% above its 10-year median of 13.96. GuruFocus rates NSE:TTML with a GF Score™ of 44/100 and a GF Value™ of ₹64.56 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 315 Telecommunication Services companies, Tata Teleservices (Maharashtra) ranks worse than 87.62% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tata Teleservices (Maharashtra)'s enterprise value is ₹263,542 Mil. Tata Teleservices (Maharashtra)'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹13,099 Mil. Therefore, Tata Teleservices (Maharashtra)'s EV-to-EBITDA for today is 20.12.

The historical rank and industry rank for Tata Teleservices (Maharashtra)'s EV-to-EBITDA or its related term are showing as below:

NSE:TTML' s EV-to-EBITDA Range Over the Past 10 Years
Min: -94.52   Med: 13.96   Max: 117.89
Current: 20.12

During the past 13 years, the highest EV-to-EBITDA of Tata Teleservices (Maharashtra) was 117.89. The lowest was -94.52. And the median was 13.96.

NSE:TTML's EV-to-EBITDA is ranked worse than
87.62% of 315 companies
in the Telecommunication Services industry
Industry Median: 6.84 vs NSE:TTML: 20.12

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 (2026-08-18), Tata Teleservices (Maharashtra)'s stock price is ₹38.15. Tata Teleservices (Maharashtra)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0.190. Therefore, Tata Teleservices (Maharashtra)'s PE Ratio (TTM) for today is 200.79.

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


Tata Teleservices (Maharashtra)  (NSE:TTML) 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.

Tata Teleservices (Maharashtra)'s PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=38.15/0.190
=200.79

Tata Teleservices (Maharashtra)'s share price for today is ₹38.15.
Tata Teleservices (Maharashtra)'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 ₹0.190.

* 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?


Tata Teleservices (Maharashtra) EV-to-EBITDA Related Terms


Tata Teleservices (Maharashtra) EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tata Teleservices (Maharashtra)'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.

Tata Teleservices (Maharashtra) EV-to-EBITDA Chart

Tata Teleservices (Maharashtra) 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 108.48 57.60 63.41 50.65 19.43

Tata Teleservices (Maharashtra) 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 21.89 52.59 15.78 19.43 6.39

NSE:TTML vs VZ, TMUS, T: EV-to-EBITDA Comparison

For the Telecom Services subindustry, Tata Teleservices (Maharashtra)'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.


Tata Teleservices (Maharashtra) EV-to-EBITDA vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tata Teleservices (Maharashtra)'s EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tata Teleservices (Maharashtra)'s EV-to-EBITDA falls into.


NSE:TTML
44GF Score
Tata Teleservices (Maharashtra) Ltd NSE:TTML
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Teleservices (Maharashtra) EV-to-EBITDA Calculation

Tata Teleservices (Maharashtra)'s EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=263541.891/13098.6
=20.12

Tata Teleservices (Maharashtra)'s current Enterprise Value is ₹263,542 Mil.
Tata Teleservices (Maharashtra)'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 ₹13,099 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 20.12 mean?
Tata Teleservices (Maharashtra) (NSE:TTML) has a EV-to-EBITDA of 20.12 as of Aug. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tata Teleservices (Maharashtra). This is 44% above median its historical median of 13.96. According to the industry distribution chart, Tata Teleservices (Maharashtra) ranks #276 out of 315 companies in the Telecommunication Services industry, placing it in the top 87.6%.
Is Tata Teleservices (Maharashtra)'s EV-to-EBITDA too high?
Tata Teleservices (Maharashtra)'s current EV-to-EBITDA of 20.12 is 44% above median its 10-year median of 13.96. The Telecommunication Services industry median EV-to-EBITDA is 6.84. Tata Teleservices (Maharashtra)'s value of 20.12 is 194.2% above this industry median. Based on the distribution chart, Tata Teleservices (Maharashtra) ranks #276 out of 315 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Tata Teleservices (Maharashtra) has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tata Teleservices (Maharashtra)'s EV-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Tata Teleservices (Maharashtra) ranks #276 out of 315 companies for EV-to-EBITDA. This places Tata Teleservices (Maharashtra) in the lower half of its industry. The industry median EV-to-EBITDA is 6.84. Tata Teleservices (Maharashtra)'s value of 20.12 is 194.2% above this benchmark. While the company's 10-year median is 13.96 vs. the industry median of 6.84, Tata Teleservices (Maharashtra) 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 Telecommunication Services company?
The median EV-to-EBITDA among Telecommunication Services companies is 6.84, based on 315 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. Tata Teleservices (Maharashtra)'s current EV-to-EBITDA of 20.12 is 194.2% 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 Tata Teleservices (Maharashtra). For the Telecommunication Services industry, the median EV-to-EBITDA is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Teleservices (Maharashtra)'s current EV-to-EBITDA is 20.12, which is 44% above median its own 10-year median of 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Teleservices (Maharashtra) stock overvalued right now?
Based on GuruFocus' analysis, Tata Teleservices (Maharashtra) (NSE:TTML) is currently considered Possible Value Trap. The stock's GF Value™ is ₹64.56, compared to a current price of ₹38.15 — trading 40.9% below its estimated fair value. The current EV-to-EBITDA is 20.12, which is 44% above median its 10-year median of 13.96 and 194.2% above the Telecommunication Services industry median of 6.84. Tata Teleservices (Maharashtra)'s overall GF Score™ is 44/100 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 Tata Teleservices (Maharashtra) (NSE:TTML), the current EV-to-EBITDA is 20.12 as of Aug. 18, 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 Tata Teleservices (Maharashtra) (NSE:TTML) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Teleservices (Maharashtra) stock appears to be undervalued. The current stock price of ₹38.15 is trading 40.9% below its estimated GF Value™ of ₹64.56. GuruFocus considers Tata Teleservices (Maharashtra) to be Possible Value Trap.

Key valuation signals for NSE:TTML:

  • EV-to-EBITDA: 20.12 (44% above median its 10-year median of 13.96)
  • GF Value™: ₹64.56 vs. price of ₹38.15 (40.9% below fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 194.2% above the Telecommunication Services median (#276 of 315)

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


Tata Teleservices (Maharashtra) Business Description

Other Exchanges 532371:India
Address D-26, TTC Industrial Area, MIDC Sanpada, P.O. Turbhe, Navi Mumbai, MH, IND, 400 703
Tata Teleservices (Maharashtra) Ltd provides basic and cellular telecommunication services. The company offers its product portfolio and services to wireline and wireless subscribers. The services provided by the company include Cloud and Saas, IoT Solutions, Cloud infrastructure, security Solutions, and others. It provides telecommunication services only in the Indian domestic market.
44GF Score

Get the complete analysis for NSE:TTML

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

₹38.15
Price
₹64.56
GF Value