Citizen Solar (BOM:538786) Enterprise Value: ₹5,015 Mil (As of Jul. 08, 2026) ***


BOM:538786 Citizen Solar Ltd BOM:538786
54 GF Score
Price ₹282.85
GF Value ₹2,917.73
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Citizen Solar Enterprise Value?

Citizen Solar BOM:538786 +1.98% 54 Enterprise Value is ₹5,015 Mil as of Jul. 08, 2026. GuruFocus rates BOM:538786 with a GF Score™ of 54/100 and a GF Value™ of ₹2,917.73 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Citizen Solar's Enterprise Value is ₹5,015 Mil. Citizen Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹162 Mil. Therefore, Citizen Solar's EV-to-EBIT ratio for today is 31.05.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Citizen Solar's Enterprise Value is ₹5,015 Mil. Citizen Solar's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹167 Mil. Therefore, Citizen Solar's EV-to-EBITDA ratio for today is 30.12.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Citizen Solar's Enterprise Value is ₹5,015 Mil. Citizen Solar's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,143 Mil. Therefore, Citizen Solar's EV-to-Revenue ratio for today is 4.39.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Citizen Solar's Enterprise Value is ₹5,015 Mil. Citizen Solar's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Citizen Solar's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Citizen Solar's Enterprise Value is ₹5,015 Mil. Citizen Solar's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Citizen Solar's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Citizen Solar  (BOM:538786) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Citizen Solar's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5015.206/161.506
=31.05

Citizen Solar's current Enterprise Value is ₹5,015 Mil.
Citizen Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹162 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Citizen Solar's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5015.206/166.518
=30.12

Citizen Solar's current Enterprise Value is ₹5,015 Mil.
Citizen Solar's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹167 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Citizen Solar's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5015.206/1143.052
=4.39

Citizen Solar's current Enterprise Value is ₹5,015 Mil.
Citizen Solar's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,143 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Citizen Solar's EV-to-OCF for today is:


Citizen Solar's current Enterprise Value is ₹5,015 Mil.
Citizen Solar's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Citizen Solar's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5015.206/0
=

Citizen Solar's current Enterprise Value is ₹5,015 Mil.
Citizen Solar's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 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.


Citizen Solar Enterprise Value Related Terms


Citizen Solar Enterprise Value Historical Data

* Premium members only.

The historical data trend for Citizen Solar's Enterprise Value 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.

Citizen Solar Enterprise Value Chart

Citizen Solar Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.95 170.82 226.57 210.23 2,400.67

Citizen Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 210.23 364.57 985.01 1,545.16 2,400.67

BOM:538786 vs FSLR, NXT, ENPH: Enterprise Value Comparison

For the Solar subindustry, Citizen Solar's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Citizen Solar Enterprise Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Citizen Solar's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Citizen Solar's Enterprise Value falls into.


BOM:538786
54GF Score
Citizen Solar Ltd BOM:538786
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Citizen Solar Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Citizen Solar's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Citizen Solar's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₹5,015 Mil mean?
Citizen Solar (BOM:538786) has a Enterprise Value of ₹5,015 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Citizen Solar and its competitors.
Is Citizen Solar's Enterprise Value too high?
Citizen Solar's current Enterprise Value is ₹5,015 Mil. Overall, Citizen Solar has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Solar's Enterprise Value compare to FSLR and NXT?
Citizen Solar's Enterprise Value of ₹5,015 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Semiconductors company?
A good Enterprise Value depends on the Semiconductors industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Citizen Solar and its competitors. Citizen Solar's current Enterprise Value is ₹5,015 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Solar stock overvalued right now?
Based on GuruFocus' analysis, Citizen Solar (BOM:538786) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,917.73, compared to a current price of ₹282.85 — trading 90.3% below its estimated fair value. The current Enterprise Value is ₹5,015 Mil. Citizen Solar's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Citizen Solar (BOM:538786), the current Enterprise Value is ₹5,015 Mil as of Jul. 08, 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 Citizen Solar (BOM:538786) Overvalued in 2026?

Based on GuruFocus' analysis, Citizen Solar stock appears to be undervalued. The current stock price of ₹282.85 is trading 90.3% below its estimated GF Value™ of ₹2,917.73. GuruFocus considers Citizen Solar to be Significantly Undervalued.

Key valuation signals for BOM:538786:

  • Enterprise Value: ₹5,015 Mil
  • GF Value™: ₹2,917.73 vs. price of ₹282.85 (90.3% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the BOM:538786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Citizen Solar Business Description

Address Ashram Road, 411, Sakar - 2, Ellisbridge Corner, Ahmedabad, GJ, IND, 380006
Citizen Solar Ltd operates as a solar panel and solar inverter manufacturer in India. It comprises of two main divisions that include Citizen Solar Technology and Solar Inverter Manufacturer. The company serves various industries and businesses spread across multiple verticals such as Textiles, Manufacturing, Exports, etc.
54GF Score

Get the complete analysis for BOM:538786

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

₹282.85
Price
₹2,917.73
GF Value