JM Financial (NSE:JMFINANCIL) Enterprise Value: ₹243,667 Mil (As of Jul. 05, 2026) ***


NSE:JMFINANCIL JM Financial Ltd NSE:JMFINANCIL
73 GF Score
Price ₹130.66
GF Value ₹140.76
Valuation Fairly Valued
! 1 Warning Sign
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What is JM Financial Enterprise Value?

JM Financial NSE:JMFINANCIL +1.08% 73 Enterprise Value is ₹243,667 Mil as of Jul. 05, 2026. GuruFocus rates NSE:JMFINANCIL with a GF Score™ of 73/100 and a GF Value™ of ₹140.76 (Fairly Valued). The stock has 1 warning sign 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, JM Financial's Enterprise Value is ₹243,667 Mil. JM Financial's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹34,986 Mil. Therefore, JM Financial's EV-to-Revenue ratio for today is 6.96.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, JM Financial's Enterprise Value is ₹243,667 Mil. JM Financial's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, JM Financial'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, JM Financial's Enterprise Value is ₹243,667 Mil. JM Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, JM Financial'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.


JM Financial  (NSE:JMFINANCIL) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

JM Financial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=243667.285/34985.7
=6.96

JM Financial's current Enterprise Value is ₹243,667 Mil.
JM Financial'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 ₹34,986 Mil.

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

JM Financial's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=243667.285/0
=

JM Financial's current Enterprise Value is ₹243,667 Mil.
JM Financial'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.

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

JM Financial's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=243667.285/0
=

JM Financial's current Enterprise Value is ₹243,667 Mil.
JM Financial'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.


JM Financial Enterprise Value Related Terms


JM Financial Enterprise Value Historical Data

* Premium members only.

The historical data trend for JM Financial'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.

JM Financial Enterprise Value Chart

JM Financial 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 216,239.49 242,396.62 236,999.60 206,547.05 227,284.21

JM Financial 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 206,547.05 152,354.85 260,691.00 143,546.03 227,284.21

NSE:JMFINANCIL vs MS, GS, SCHW: Enterprise Value Comparison

For the Capital Markets subindustry, JM Financial'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.


JM Financial Enterprise Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, JM Financial's Enterprise Value distribution charts can be found below:

* The bar in red indicates where JM Financial's Enterprise Value falls into.


NSE:JMFINANCIL
73GF Score
JM Financial Ltd NSE:JMFINANCIL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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JM Financial 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.

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

JM Financial'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 ₹243,667 Mil mean?
JM Financial (NSE:JMFINANCIL) has a Enterprise Value of ₹243,667 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on JM Financial and its competitors.
Is JM Financial's Enterprise Value too high?
JM Financial's current Enterprise Value is ₹243,667 Mil. Overall, JM Financial has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JM Financial's Enterprise Value compare to MS and GS?
JM Financial's Enterprise Value of ₹243,667 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Enterprise Value depends on the Capital Markets 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 JM Financial and its competitors. JM Financial's current Enterprise Value is ₹243,667 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Financial stock overvalued right now?
Based on GuruFocus' analysis, JM Financial (NSE:JMFINANCIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹140.76, compared to a current price of ₹130.66 — trading 7.2% below its estimated fair value. The current Enterprise Value is ₹243,667 Mil. JM Financial's overall GF Score™ is 73/100 with 1 warning sign 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 JM Financial (NSE:JMFINANCIL), the current Enterprise Value is ₹243,667 Mil as of Jul. 05, 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 JM Financial (NSE:JMFINANCIL) Overvalued in 2026?

Based on GuruFocus' analysis, JM Financial stock appears to be undervalued. The current stock price of ₹130.66 is trading 7.2% below its estimated GF Value™ of ₹140.76. GuruFocus considers JM Financial to be Fairly Valued.

Key valuation signals for NSE:JMFINANCIL:

  • Enterprise Value: ₹243,667 Mil
  • GF Value™: ₹140.76 vs. price of ₹130.66 (7.2% below fair value)
  • GF Score™: 73/100 with 1 warning sign

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


JM Financial Business Description

Other Exchanges 523405:India
Address Appasaheb Marathe Marg, 7th Floor, Cnergy, Prabhadevi, Mumbai, MH, IND, 400 025
JM Financial Ltd is an India-based financial services group, specialising in providing a range of businesses to corporations, financial institutions, high-net-worth individuals, and retail investors. Its operating segment includes Investment Banking; Asset Management, Wealth Management and Securities Business (Platform AWS); Mortgage Lending; Alternative & Distressed Credit; and Others. The Investment Banking segment, which is the key revenue-generating segment, includes management of capital markets transactions, advising on mergers & acquisitions, and private equity syndication. This segment also includes institutional equities business and research, private wealth management, PMS, private equity funds, fixed income, syndication, and finance.
73GF Score

Get the complete analysis for NSE:JMFINANCIL

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

₹130.66
Price
₹140.76
GF Value