Waaree Technologies (BOM:539337) Enterprise Value: ₹2,805.10 Mil (As of Jul. 12, 2026) ***


BOM:539337 Waaree Technologies Ltd BOM:539337
53 GF Score
Price ₹243.00
GF Value ₹185.98
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Waaree Technologies Enterprise Value?

Waaree Technologies BOM:539337 -0.37% 53 Enterprise Value is ₹2,805.10 Mil as of Jul. 12, 2026. GuruFocus rates BOM:539337 with a GF Score™ of 53/100 and a GF Value™ of ₹185.98 (Significantly Overvalued). The stock has 5 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, Waaree Technologies's Enterprise Value is ₹2,805.10 Mil. Waaree Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-49.59 Mil. Therefore, Waaree Technologies's EV-to-EBIT ratio for today is -56.57.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Waaree Technologies's Enterprise Value is ₹2,805.10 Mil. Waaree Technologies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-32.32 Mil. Therefore, Waaree Technologies's EV-to-EBITDA ratio for today is -86.78.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Waaree Technologies's Enterprise Value is ₹2,805.10 Mil. Waaree Technologies's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹71.32 Mil. Therefore, Waaree Technologies's EV-to-Revenue ratio for today is 39.33.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Waaree Technologies's Enterprise Value is ₹2,805.10 Mil. Waaree Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-24.76 Mil. Therefore, Waaree Technologies's EV-to-OCF ratio for today is -113.28.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Waaree Technologies's Enterprise Value is ₹2,805.10 Mil. Waaree Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-26.76 Mil. Therefore, Waaree Technologies's EV-to-FCF ratio for today is -104.84.

*** 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.


Waaree Technologies  (BOM:539337) 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.

Waaree Technologies's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2805.103/-49.585
=-56.57

Waaree Technologies's current Enterprise Value is ₹2,805.10 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Waaree Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-49.59 Mil.

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

Waaree Technologies's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2805.103/-32.324
=-86.78

Waaree Technologies's current Enterprise Value is ₹2,805.10 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Waaree Technologies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-32.32 Mil.

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

Waaree Technologies's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2805.103/71.324
=39.33

Waaree Technologies's current Enterprise Value is ₹2,805.10 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Waaree Technologies's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹71.32 Mil.

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

Waaree Technologies's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2805.103/-24.763
=-113.28

Waaree Technologies's current Enterprise Value is ₹2,805.10 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Waaree Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-24.76 Mil.

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

Waaree Technologies's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2805.103/-26.756
=-104.84

Waaree Technologies's current Enterprise Value is ₹2,805.10 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Waaree Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-26.76 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.


Waaree Technologies Enterprise Value Related Terms


Waaree Technologies Enterprise Value Historical Data

* Premium members only.

The historical data trend for Waaree Technologies'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.

Waaree Technologies Enterprise Value Chart

Waaree Technologies 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 1,238.52 2,791.32 14,387.80 3,415.37 1,748.19

Waaree Technologies Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 14,387.80 10,574.59 3,415.37 3,223.97 1,748.19

BOM:539337 vs FSLR, NXT, ENPH: Enterprise Value Comparison

For the Solar subindustry, Waaree Technologies'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.


Waaree Technologies Enterprise Value vs Semiconductors Industry

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

* The bar in red indicates where Waaree Technologies's Enterprise Value falls into.


BOM:539337
53GF Score
Waaree Technologies Ltd BOM:539337
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Waaree Technologies 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.

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

Waaree Technologies'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 ₹2,805.10 Mil mean?
Waaree Technologies (BOM:539337) has a Enterprise Value of ₹2,805.10 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Waaree Technologies and its competitors.
Is Waaree Technologies' Enterprise Value too high?
Waaree Technologies' current Enterprise Value is ₹2,805.10 Mil. Overall, Waaree Technologies has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waaree Technologies' Enterprise Value compare to FSLR and NXT?
Waaree Technologies' Enterprise Value of ₹2,805.10 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 Waaree Technologies and its competitors. Waaree Technologies's current Enterprise Value is ₹2,805.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Technologies stock overvalued right now?
Based on GuruFocus' analysis, Waaree Technologies (BOM:539337) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹185.98, compared to a current price of ₹243.00 — trading 30.7% above its estimated fair value. The current Enterprise Value is ₹2,805.10 Mil. Waaree Technologies' overall GF Score™ is 53/100 with 5 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 Waaree Technologies (BOM:539337), the current Enterprise Value is ₹2,805.10 Mil as of Jul. 12, 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 Waaree Technologies (BOM:539337) Overvalued in 2026?

Based on GuruFocus' analysis, Waaree Technologies stock appears to be overvalued. The current stock price of ₹243.00 is trading 30.7% above its estimated GF Value™ of ₹185.98. GuruFocus considers Waaree Technologies to be Significantly Overvalued.

Key valuation signals for BOM:539337:

  • Enterprise Value: ₹2,805.10 Mil
  • GF Value™: ₹185.98 vs. price of ₹243.00 (30.7% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the BOM:539337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waaree Technologies Business Description

Address Off. Western Express Highway, 602, Western Edge-1, Borivali (East), Mumbai, MH, IND, 400066
Waaree Technologies Ltd is engaged in the business of manufacturing batteries, catering to both industrial and consumer segments, with a particular focus on energy storage systems, electric vehicles (EVs). The Products of the company include PV modules and Solar inverters. Its Solutions are Ground Mounted, Roof Top, Floating Solar, Asset Management, and Green Hydrogen. The company operates in a single segment is assembling and dealing in lithium batteries.
53GF Score

Get the complete analysis for BOM:539337

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

₹243.00
Price
₹185.98
GF Value