Happy Square Outsourcing Services (NSE:WHITEFORCE) Enterprise Value: ₹523 Mil (As of Jun. 27, 2026) ***


NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
Price ₹44.60
! 5 Warning Signs
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What is Happy Square Outsourcing Services Enterprise Value?

Happy Square Outsourcing Services NSE:WHITEFORCE 18 Enterprise Value is ₹523 Mil as of Jun. 27, 2026. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 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, Happy Square Outsourcing Services's Enterprise Value is ₹523 Mil. Happy Square Outsourcing Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹69 Mil. Therefore, Happy Square Outsourcing Services's EV-to-EBIT ratio for today is 7.61.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Happy Square Outsourcing Services's Enterprise Value is ₹523 Mil. Happy Square Outsourcing Services's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹76 Mil. Therefore, Happy Square Outsourcing Services's EV-to-EBITDA ratio for today is 6.85.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Happy Square Outsourcing Services's Enterprise Value is ₹523 Mil. Happy Square Outsourcing Services's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,092 Mil. Therefore, Happy Square Outsourcing Services's EV-to-Revenue ratio for today is 0.48.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Happy Square Outsourcing Services's Enterprise Value is ₹523 Mil. Happy Square Outsourcing Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-139 Mil. Therefore, Happy Square Outsourcing Services's EV-to-OCF ratio for today is -3.75.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Happy Square Outsourcing Services's Enterprise Value is ₹523 Mil. Happy Square Outsourcing Services's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-152 Mil. Therefore, Happy Square Outsourcing Services's EV-to-FCF ratio for today is -3.45.

*** 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 Square Outsourcing Services  (NSE:WHITEFORCE) 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 Square Outsourcing Services's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=523.383/68.755
=7.61

Happy Square Outsourcing Services's current Enterprise Value is ₹523 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹69 Mil.

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

Happy Square Outsourcing Services's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=523.383/76.374
=6.85

Happy Square Outsourcing Services's current Enterprise Value is ₹523 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹76 Mil.

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

Happy Square Outsourcing Services's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=523.383/1091.662
=0.48

Happy Square Outsourcing Services's current Enterprise Value is ₹523 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,092 Mil.

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

Happy Square Outsourcing Services's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=523.383/-139.449
=-3.75

Happy Square Outsourcing Services's current Enterprise Value is ₹523 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-139 Mil.

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

Happy Square Outsourcing Services's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=523.383/-151.8
=-3.45

Happy Square Outsourcing Services's current Enterprise Value is ₹523 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-152 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 Square Outsourcing Services Enterprise Value Related Terms


Happy Square Outsourcing Services Enterprise Value Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services'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 Square Outsourcing Services Enterprise Value Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Enterprise Value
0.00 0.00 0.00 388.81

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Enterprise Value 0.00 0.00 0.00 388.81

NSE:WHITEFORCE vs KFY, RHI, TNET: Enterprise Value Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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 Square Outsourcing Services Enterprise Value vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's Enterprise Value falls into.


NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services 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.

Happy Square Outsourcing Services's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Happy Square Outsourcing Services'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 ₹523 Mil mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Enterprise Value of ₹523 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Happy Square Outsourcing Services and its competitors.
Is Happy Square Outsourcing Services' Enterprise Value too high?
Happy Square Outsourcing Services' current Enterprise Value is ₹523 Mil. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Enterprise Value compare to KFY and RHI?
Happy Square Outsourcing Services' Enterprise Value of ₹523 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Enterprise Value depends on the Business Services 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 Square Outsourcing Services and its competitors. Happy Square Outsourcing Services's current Enterprise Value is ₹523 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Enterprise Value of ₹523 Mil. The current Enterprise Value is ₹523 Mil. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Enterprise Value is ₹523 Mil as of Jun. 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 Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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