Hi-Tech Pipes (NSE:HITECH) EV-to-OCF: (As of Sep. 14, 2026)

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.
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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:HITECH Hi-Tech Pipes Ltd NSE:HITECH
85 GF Score
Price ₹76.39
GF Value ₹144.56
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Hi-Tech Pipes EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hi-Tech Pipes's Enterprise Value is ₹17,909 Mil. Hi-Tech Pipes's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, Hi-Tech Pipes's EV-to-OCF for today is .

The historical rank and industry rank for Hi-Tech Pipes's EV-to-OCF or its related term are showing as below:

NSE:HITECH' s EV-to-OCF Range Over the Past 10 Years
Min: 538.72   Med: 0   Max: 538.72
Current: 538.72

During the past 12 years, the highest EV-to-OCF of Hi-Tech Pipes was 538.72. The lowest was 538.72. And the median was .

NSE:HITECH's EV-to-OCF is ranked worse than
97.95% of 633 companies
in the Steel industry
Industry Median: 7.48 vs NSE:HITECH: 538.72

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-09-14), Hi-Tech Pipes's stock price is ₹76.39. Hi-Tech Pipes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3.730. Therefore, Hi-Tech Pipes's PE Ratio (TTM) for today is 20.48.


Hi-Tech Pipes  (NSE:HITECH) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Hi-Tech Pipes's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=76.39/3.730
=20.48

Hi-Tech Pipes's share price for today is ₹76.39.
Hi-Tech Pipes'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 ₹3.730.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Hi-Tech Pipes EV-to-OCF Related Terms


Hi-Tech Pipes EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Hi-Tech Pipes's EV-to-OCF 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.

Hi-Tech Pipes EV-to-OCF Chart

Hi-Tech Pipes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58.38 9.66 -26.21 32.00 505.43

Hi-Tech Pipes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 0.00 0.00 0.00 505.43 0.00

NSE:HITECH vs NUE, STLD, RS: EV-to-OCF Comparison

For the Steel subindustry, Hi-Tech Pipes's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Hi-Tech Pipes EV-to-OCF vs Steel Industry

For the Steel industry and Basic Materials sector, Hi-Tech Pipes's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Hi-Tech Pipes's EV-to-OCF falls into.


NSE:HITECH
85GF Score
Hi-Tech Pipes Ltd NSE:HITECH
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hi-Tech Pipes EV-to-OCF Calculation

Hi-Tech Pipes's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=17908.825/0
=

Hi-Tech Pipes's current Enterprise Value is ₹17,909 Mil.
Hi-Tech Pipes's Cash Flow from Operations 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 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.

Is Hi-Tech Pipes (NSE:HITECH) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Tech Pipes stock appears to be undervalued. The current stock price of ₹76.39 is trading 47.2% below its estimated GF Value™ of ₹144.56. GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.

Key valuation signals for NSE:HITECH:

  • EV-to-OCF:
  • GF Value™: ₹144.56 vs. price of ₹76.39 (47.2% below fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Hi-Tech Pipes Business Description

Other Exchanges 543411:India
Address Ground Floor 10 Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034
Hi-Tech Pipes Ltd manufactures and markets a wide range of steel tubes used in industries like infrastructure, telecom, defense, power distribution, railways, airports, construction, real estate, and automotive. Its products include Black Steel Tubes, Rectangular and Hollow sections, Galvanised Steel Tubes, Metal Beam Highway Crash Barriers, Cold Rolling Coils, Cold Formed Sections, Black Hollow Section and Round Pipes, Galvanized Pipes, Pre-Galvanized Pipes, and Cold Rolled Coils. The Indian steel pipes and tubes industry includes segments such as seamless, ERW, LSAW, HSAW, galvanized iron, ductile iron, and black steel pipes, which serve various applications ranging from high-pressure oil and gas pipelines to water supply and general engineering purposes.
85GF Score

Get the complete analysis for NSE:HITECH

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

₹76.39
Price
₹144.56
GF Value