Race Eco Chain (NSE:RACE) Enterprise Value: ₹2,759 Mil (As of Jun. 28, 2026) ***


NSE:RACE Race Eco Chain Ltd NSE:RACE
76 GF Score
Price ₹111.21
GF Value ₹559.72
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Race Eco Chain Enterprise Value?

Race Eco Chain NSE:RACE -0.16% 76 Enterprise Value is ₹2,759 Mil as of Jun. 28, 2026. GuruFocus rates NSE:RACE with a GF Score™ of 76/100 and a GF Value™ of ₹559.72 (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, Race Eco Chain's Enterprise Value is ₹2,759 Mil. Race Eco Chain's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹174 Mil. Therefore, Race Eco Chain's EV-to-EBIT ratio for today is 15.88.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Race Eco Chain's Enterprise Value is ₹2,759 Mil. Race Eco Chain's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹192 Mil. Therefore, Race Eco Chain's EV-to-EBITDA ratio for today is 14.39.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Race Eco Chain's Enterprise Value is ₹2,759 Mil. Race Eco Chain's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6,188 Mil. Therefore, Race Eco Chain's EV-to-Revenue ratio for today is 0.45.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Race Eco Chain's Enterprise Value is ₹2,759 Mil. Race Eco Chain's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Race Eco Chain'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, Race Eco Chain's Enterprise Value is ₹2,759 Mil. Race Eco Chain's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Race Eco Chain'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.


Race Eco Chain  (NSE:RACE) 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.

Race Eco Chain's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2759.048/173.78
=15.88

Race Eco Chain's current Enterprise Value is ₹2,759 Mil.
Race Eco Chain'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 ₹174 Mil.

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

Race Eco Chain's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2759.048/191.743
=14.39

Race Eco Chain's current Enterprise Value is ₹2,759 Mil.
Race Eco Chain'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 ₹192 Mil.

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

Race Eco Chain's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2759.048/6187.55
=0.45

Race Eco Chain's current Enterprise Value is ₹2,759 Mil.
Race Eco Chain'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 ₹6,188 Mil.

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

Race Eco Chain's EV-to-OCF for today is:


Race Eco Chain's current Enterprise Value is ₹2,759 Mil.
Race Eco Chain'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.

Race Eco Chain's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2759.048/0
=

Race Eco Chain's current Enterprise Value is ₹2,759 Mil.
Race Eco Chain'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.


Race Eco Chain Enterprise Value Related Terms


Race Eco Chain Enterprise Value Historical Data

* Premium members only.

The historical data trend for Race Eco Chain'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.

Race Eco Chain Enterprise Value Chart

Race Eco Chain 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 0.00 0.00 5,763.13 4,993.91 2,345.72

Race Eco Chain Quarterly Data
Sep20 Mar21 Sep21 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 4,993.91 4,269.38 4,596.38 2,437.55 2,345.72

NSE:RACE vs WM, RSG, WCN: Enterprise Value Comparison

For the Waste Management subindustry, Race Eco Chain'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.


Race Eco Chain Enterprise Value vs Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's Enterprise Value falls into.


NSE:RACE
76GF Score
Race Eco Chain Ltd NSE:RACE
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Race Eco Chain 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.

Race Eco Chain's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Race Eco Chain'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 ₹2,759 Mil mean?
Race Eco Chain (NSE:RACE) has a Enterprise Value of ₹2,759 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Race Eco Chain and its competitors.
Is Race Eco Chain's Enterprise Value too high?
Race Eco Chain's current Enterprise Value is ₹2,759 Mil. Overall, Race Eco Chain has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's Enterprise Value compare to WM and RSG?
Race Eco Chain's Enterprise Value of ₹2,759 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Enterprise Value depends on the Waste Management 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 Race Eco Chain and its competitors. Race Eco Chain's current Enterprise Value is ₹2,759 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹559.72, compared to a current price of ₹111.21 — trading 80.1% below its estimated fair value. The current Enterprise Value is ₹2,759 Mil. Race Eco Chain's overall GF Score™ is 76/100 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 Race Eco Chain (NSE:RACE), the current Enterprise Value is ₹2,759 Mil as of Jun. 28, 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued. The current stock price of ₹111.21 is trading 80.1% below its estimated GF Value™ of ₹559.72. GuruFocus considers Race Eco Chain to be Significantly Undervalued.

Key valuation signals for NSE:RACE:

  • Enterprise Value: ₹2,759 Mil
  • GF Value™: ₹559.72 vs. price of ₹111.21 (80.1% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Race Eco Chain Business Description

Other Exchanges 537785:India
Address Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
76GF Score

Get the complete analysis for NSE:RACE

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

₹111.21
Price
₹559.72
GF Value