Thejo Engineering (NSE:THEJO) Enterprise Value: ₹20,488 Mil (As of Jul. 17, 2026) ***

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NSE:THEJO Thejo Engineering Ltd NSE:THEJO
89 GF Score
Price ₹1,902.60
GF Value ₹2,261.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Thejo Engineering Enterprise Value?

Thejo Engineering NSE:THEJO +1.95% 89 Enterprise Value is ₹20,488 Mil as of Jul. 17, 2026. GuruFocus rates NSE:THEJO with a GF Score™ of 89/100 and a GF Value™ of ₹2,261.70 (Modestly Undervalued). The stock has 4 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, Thejo Engineering's Enterprise Value is ₹20,488 Mil. Thejo Engineering's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹720 Mil. Therefore, Thejo Engineering's EV-to-EBIT ratio for today is 28.46.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thejo Engineering's Enterprise Value is ₹20,488 Mil. Thejo Engineering's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹869 Mil. Therefore, Thejo Engineering's EV-to-EBITDA ratio for today is 23.56.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thejo Engineering's Enterprise Value is ₹20,488 Mil. Thejo Engineering's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6,321 Mil. Therefore, Thejo Engineering's EV-to-Revenue ratio for today is 3.24.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Thejo Engineering's Enterprise Value is ₹20,488 Mil. Thejo Engineering's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Thejo Engineering'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, Thejo Engineering's Enterprise Value is ₹20,488 Mil. Thejo Engineering's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Thejo Engineering'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.


Thejo Engineering  (NSE:THEJO) 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.

Thejo Engineering's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=20488.298/719.834
=28.46

Thejo Engineering's current Enterprise Value is ₹20,488 Mil.
Thejo Engineering'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 ₹720 Mil.

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

Thejo Engineering's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=20488.298/869.49
=23.56

Thejo Engineering's current Enterprise Value is ₹20,488 Mil.
Thejo Engineering'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 ₹869 Mil.

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

Thejo Engineering's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=20488.298/6320.865
=3.24

Thejo Engineering's current Enterprise Value is ₹20,488 Mil.
Thejo Engineering'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 ₹6,321 Mil.

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

Thejo Engineering's EV-to-OCF for today is:


Thejo Engineering's current Enterprise Value is ₹20,488 Mil.
Thejo Engineering'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.

Thejo Engineering's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=20488.298/0
=

Thejo Engineering's current Enterprise Value is ₹20,488 Mil.
Thejo Engineering'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.


Thejo Engineering Enterprise Value Related Terms


Thejo Engineering Enterprise Value Historical Data

* Premium members only.

The historical data trend for Thejo Engineering'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.

Thejo Engineering Enterprise Value Chart

Thejo Engineering 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 12,945.73 14,394.12 26,306.39 18,873.96 15,665.65

Thejo Engineering 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 18,873.96 19,551.00 19,275.24 18,914.95 15,668.56

NSE:THEJO vs GEV, ETN, PH: Enterprise Value Comparison

For the Specialty Industrial Machinery subindustry, Thejo Engineering'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.


Thejo Engineering Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thejo Engineering's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Thejo Engineering's Enterprise Value falls into.


NSE:THEJO
89GF Score
Thejo Engineering Ltd NSE:THEJO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thejo Engineering 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.

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

Thejo Engineering'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 ₹20,488 Mil mean?
Thejo Engineering (NSE:THEJO) has a Enterprise Value of ₹20,488 Mil as of Jul. 17, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thejo Engineering and its competitors.
Is Thejo Engineering's Enterprise Value too high?
Thejo Engineering's current Enterprise Value is ₹20,488 Mil. Overall, Thejo Engineering has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thejo Engineering's Enterprise Value compare to GEV and ETN?
Thejo Engineering's Enterprise Value of ₹20,488 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Enterprise Value depends on the Industrial Products 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 Thejo Engineering and its competitors. Thejo Engineering's current Enterprise Value is ₹20,488 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thejo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Thejo Engineering (NSE:THEJO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,261.70, compared to a current price of ₹1,902.60 — trading 15.9% below its estimated fair value. The current Enterprise Value is ₹20,488 Mil. Thejo Engineering's overall GF Score™ is 89/100 with 4 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 Thejo Engineering (NSE:THEJO), the current Enterprise Value is ₹20,488 Mil as of Jul. 17, 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 Thejo Engineering (NSE:THEJO) Overvalued in 2026?

Based on GuruFocus' analysis, Thejo Engineering stock appears to be undervalued. The current stock price of ₹1,902.60 is trading 15.9% below its estimated GF Value™ of ₹2,261.70. GuruFocus considers Thejo Engineering to be Modestly Undervalued.

Key valuation signals for NSE:THEJO:

  • Enterprise Value: ₹20,488 Mil
  • GF Value™: ₹2,261.70 vs. price of ₹1,902.60 (15.9% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Thejo Engineering Business Description

Address No. 41, Cathedral Road, 3rd Floor, VDS House, Chennai, TN, IND, 600 086
Thejo Engineering Ltd is an India-based company. It is an engineering solutions provider for Bulk Material Handling, Mineral Processing, and Corrosion Protection. The company's operating segment includes Manufacturing units, Service Units, and Others. It generates maximum revenue from the Service units segment. The company serves a sector like mining, power, steel, metals, cement, ports, and fertilizers. Geographically, it derives a majority of revenue from India. Its product categories include conveyor care, dust suppression, transfer point solutions, flow promotion, abrasion and wear protection, filtration, screening solution, and others.
89GF Score

Get the complete analysis for NSE:THEJO

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

₹1,902.60
Price
₹2,261.70
GF Value