MIC Electronics (NSE:MICEL) Enterprise Value: ₹9,908 Mil (As of Jul. 04, 2026) ***


NSE:MICEL MIC Electronics Ltd NSE:MICEL
71 GF Score
Price ₹39.74
GF Value ₹208.53
Valuation Possible Value Trap
! 2 Warning Signs
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What is MIC Electronics Enterprise Value?

MIC Electronics NSE:MICEL +1.40% 71 Enterprise Value is ₹9,908 Mil as of Jul. 04, 2026. GuruFocus rates NSE:MICEL with a GF Score™ of 71/100 and a GF Value™ of ₹208.53 (Possible Value Trap). The stock has 2 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, MIC Electronics's Enterprise Value is ₹9,908 Mil. MIC Electronics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹227 Mil. Therefore, MIC Electronics's EV-to-EBIT ratio for today is 43.60.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MIC Electronics's Enterprise Value is ₹9,908 Mil. MIC Electronics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹264 Mil. Therefore, MIC Electronics's EV-to-EBITDA ratio for today is 37.53.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MIC Electronics's Enterprise Value is ₹9,908 Mil. MIC Electronics's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,905 Mil. Therefore, MIC Electronics's EV-to-Revenue ratio for today is 5.20.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, MIC Electronics's Enterprise Value is ₹9,908 Mil. MIC Electronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, MIC Electronics'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, MIC Electronics's Enterprise Value is ₹9,908 Mil. MIC Electronics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, MIC Electronics'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.


MIC Electronics  (NSE:MICEL) 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.

MIC Electronics's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9908.398/227.282
=43.60

MIC Electronics's current Enterprise Value is ₹9,908 Mil.
MIC Electronics'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 ₹227 Mil.

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

MIC Electronics's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9908.398/264.043
=37.53

MIC Electronics's current Enterprise Value is ₹9,908 Mil.
MIC Electronics'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 ₹264 Mil.

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

MIC Electronics's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9908.398/1905.234
=5.20

MIC Electronics's current Enterprise Value is ₹9,908 Mil.
MIC Electronics'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 ₹1,905 Mil.

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

MIC Electronics's EV-to-OCF for today is:


MIC Electronics's current Enterprise Value is ₹9,908 Mil.
MIC Electronics'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.

MIC Electronics's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=9908.398/0
=

MIC Electronics's current Enterprise Value is ₹9,908 Mil.
MIC Electronics'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.


MIC Electronics Enterprise Value Related Terms


MIC Electronics Enterprise Value Historical Data

* Premium members only.

The historical data trend for MIC Electronics'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.

MIC Electronics Enterprise Value Chart

MIC Electronics 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 3,796.63 2,726.41 8,794.74 13,125.17 7,560.96

MIC Electronics 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 13,125.17 12,973.68 14,088.41 10,587.66 7,560.96

NSE:MICEL vs APH, GLW: Enterprise Value Comparison

For the Electronic Components subindustry, MIC Electronics'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.


MIC Electronics Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, MIC Electronics's Enterprise Value distribution charts can be found below:

* The bar in red indicates where MIC Electronics's Enterprise Value falls into.


NSE:MICEL
71GF Score
MIC Electronics Ltd NSE:MICEL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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MIC Electronics 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.

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

MIC Electronics'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 ₹9,908 Mil mean?
MIC Electronics (NSE:MICEL) has a Enterprise Value of ₹9,908 Mil as of Jul. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MIC Electronics and its competitors.
Is MIC Electronics' Enterprise Value too high?
MIC Electronics' current Enterprise Value is ₹9,908 Mil. Overall, MIC Electronics has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' Enterprise Value compare to APH and GLW?
MIC Electronics' Enterprise Value of ₹9,908 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 MIC Electronics and its competitors. MIC Electronics's current Enterprise Value is ₹9,908 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIC Electronics stock overvalued right now?
Based on GuruFocus' analysis, MIC Electronics (NSE:MICEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹208.53, compared to a current price of ₹39.74 — trading 80.9% below its estimated fair value. The current Enterprise Value is ₹9,908 Mil. MIC Electronics' overall GF Score™ is 71/100 with 2 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 MIC Electronics (NSE:MICEL), the current Enterprise Value is ₹9,908 Mil as of Jul. 04, 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 MIC Electronics (NSE:MICEL) Overvalued in 2026?

Based on GuruFocus' analysis, MIC Electronics stock appears to be undervalued. The current stock price of ₹39.74 is trading 80.9% below its estimated GF Value™ of ₹208.53. GuruFocus considers MIC Electronics to be Possible Value Trap.

Key valuation signals for NSE:MICEL:

  • Enterprise Value: ₹9,908 Mil
  • GF Value™: ₹208.53 vs. price of ₹39.74 (80.9% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


MIC Electronics Business Description

Other Exchanges 532850:India
Address Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
71GF Score

Get the complete analysis for NSE:MICEL

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

₹39.74
Price
₹208.53
GF Value