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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, Happy Steels's Enterprise Value is ₹1,358.9 Mil.
Happy Steels's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 Mil. Therefore, Happy Steels's EV-to-EBIT ratio for today is .
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Happy Steels's Enterprise Value is ₹1,358.9 Mil.
Happy Steels's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 Mil. Therefore, Happy Steels's EV-to-EBITDA ratio for today is .
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Happy Steels's Enterprise Value is ₹1,358.9 Mil.
Happy Steels's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 Mil. Therefore, Happy Steels's EV-to-Revenue ratio for today is .
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Happy Steels's Enterprise Value is ₹1,358.9 Mil.
Happy Steels's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 Mil. Therefore, Happy Steels'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.
Happy Steels (NSE:HAPPY) 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.
Happy Steels's current Enterprise Value is ₹1,358.9 Mil.
Happy Steels'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 ₹0.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Happy Steels's current Enterprise Value is ₹1,358.9 Mil.
Happy Steels'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 ₹0.0 Mil.
Happy Steels's current Enterprise Value is ₹1,358.9 Mil.
Happy Steels'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 ₹0.0 Mil.
Happy Steels's current Enterprise Value is ₹1,358.9 Mil.
Happy Steels'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 ₹0.0 Mil.
Happy Steels's current Enterprise Value is ₹1,358.9 Mil.
Happy Steels'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 ₹0.0 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.
Happy Steels Enterprise Value Related Terms
Happy Steels Enterprise Value Historical Data
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The historical data trend for Happy Steels'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.
Happy Steels Enterprise Value Chart
Happy Steels Annual Data
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Happy Steels Quarterly Data
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NSE:HAPPY vs ORLY, AZO: Enterprise Value Comparison
For the Auto Parts subindustry, Happy Steels'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.
Happy Steels Enterprise Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Happy Steels's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Happy Steels's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Happy Steels's Enterprise Value for the fiscal year 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.
What does a Enterprise Value of ₹1,358.9 Mil mean?
Happy Steels (NSE:HAPPY) has a Enterprise Value of ₹1,358.9 Mil as of Jul. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Happy Steels and its competitors.
Is Happy Steels' Enterprise Value too high?
Happy Steels' current Enterprise Value is ₹1,358.9 Mil. Overall, Happy Steels has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' Enterprise Value compare to ORLY and AZO?
Happy Steels' Enterprise Value of ₹1,358.9 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Enterprise Value depends on the Vehicles & Parts 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 Happy Steels and its competitors. Happy Steels's current Enterprise Value is ₹1,358.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Steels stock overvalued right now?
Happy Steels (NSE:HAPPY) has a current Enterprise Value of ₹1,358.9 Mil. The current Enterprise Value is ₹1,358.9 Mil. Happy Steels' overall GF Score™ is 12/100. 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 Happy Steels (NSE:HAPPY), the current Enterprise Value is ₹1,358.9 Mil as of Jul. 27, 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.
Happy Steels Ltd is an integrated manufacturer of Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EVs, and defence applications. The company's product portfolio consists of axles, long spline shafts, spindles, and other related components. The majority of the company's revenue is derived from the sale of its products, mainly Axles, in the domestic markets.
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