Lumax Industries (NSE:LUMAXIND) EV-to-OCF: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:LUMAXIND Lumax Industries Ltd NSE:LUMAXIND
85 GF Score
Price ₹5,851.00
GF Value ₹4,718.74
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lumax Industries EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Lumax Industries's Enterprise Value is ₹64,271 Mil. Lumax Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹ Mil. Therefore, Lumax Industries's EV-to-OCF for today is .

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

NSE:LUMAXIND' s EV-to-OCF Range Over the Past 10 Years
Min: 17.26   Med: 0   Max: 17.26
Current: 17.26

During the past 13 years, the highest EV-to-OCF of Lumax Industries was 17.26. The lowest was 17.26. And the median was .

NSE:LUMAXIND's EV-to-OCF is ranked worse than
72.99% of 1340 companies
in the Vehicles & Parts industry
Industry Median: 8.055 vs NSE:LUMAXIND: 17.26

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 (2026-09-21), Lumax Industries's stock price is ₹5851.00. Lumax Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹200.436. Therefore, Lumax Industries's PE Ratio (TTM) for today is 29.19.


Lumax Industries  (NSE:LUMAXIND) 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.

Lumax Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5851.00/200.436
=29.19

Lumax Industries's share price for today is ₹5851.00.
Lumax Industries'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 ₹200.436.

* 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.


Lumax Industries EV-to-OCF Related Terms


Lumax Industries EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Lumax Industries'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.

Lumax Industries EV-to-OCF Chart

Lumax Industries 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 13.45 25.15 24.41 20.03 15.79

Lumax Industries 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 - - - - -

NSE:LUMAXIND vs ORLY, AZO, GPC: EV-to-OCF Comparison

For the Auto Parts subindustry, Lumax Industries'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.


Lumax Industries EV-to-OCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Industries's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Lumax Industries's EV-to-OCF falls into.


NSE:LUMAXIND
85GF Score
Lumax Industries Ltd NSE:LUMAXIND
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lumax Industries EV-to-OCF Calculation

Lumax Industries's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=64270.526/
=

Lumax Industries's current Enterprise Value is ₹64,271 Mil.
Lumax Industries'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 ₹ 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 Lumax Industries (NSE:LUMAXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Lumax Industries stock appears to be overvalued. The current stock price of ₹5,851.00 is trading 24% above its estimated GF Value™ of ₹4,718.74. GuruFocus considers Lumax Industries to be Modestly Overvalued.

Key valuation signals for NSE:LUMAXIND:

  • EV-to-OCF:
  • GF Value™: ₹4,718.74 vs. price of ₹5,851.00 (24% above fair value)
  • GF Score™: 85/100 with 4 warning signs

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


Lumax Industries Business Description

Other Exchanges 517206:India
Address Plot No. - 878, Udyog Vihar, Phase - V, Gurugram, HR, IND, 122016
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four-wheelers and two-wheeler applications in India. The Company's business activity falls within a single business segment, which is the manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to the domestic and overseas markets, of which a majority of revenue is derived within India.
85GF Score

Get the complete analysis for NSE:LUMAXIND

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

₹5,851.00
Price
₹4,718.74
GF Value