De Nora India (NSE:DENORA) EV-to-FCF: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:DENORA De Nora India Ltd NSE:DENORA
70 GF Score
Price ₹896.05
GF Value ₹2,154.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is De Nora India EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, De Nora India's Enterprise Value is ₹3,978 Mil. De Nora India's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, De Nora India's EV-to-FCF for today is .

The historical rank and industry rank for De Nora India's EV-to-FCF or its related term are showing as below:

NSE:DENORA' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 50.13
Current: 50.13

During the past 13 years, the highest EV-to-FCF of De Nora India was 50.13. The lowest was 0.00. And the median was 0.00.

NSE:DENORA's EV-to-FCF is ranked worse than
71.78% of 1733 companies
in the Industrial Products industry
Industry Median: 24.94 vs NSE:DENORA: 50.13

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-17), De Nora India's stock price is ₹896.05. De Nora India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹17.050. Therefore, De Nora India's PE Ratio (TTM) for today is 52.55.


De Nora India  (NSE:DENORA) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

De Nora India's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=896.05/17.050
=52.55

De Nora India's share price for today is ₹896.05.
De Nora India's Earnings per Share (Diluted) 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 ₹17.050.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


De Nora India EV-to-FCF Related Terms


De Nora India EV-to-FCF Historical Data

* Premium members only.

The historical data trend for De Nora India's EV-to-FCF 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.

De Nora India EV-to-FCF Chart

De Nora India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.86 37.06 88.12 -2,941.47 34.61

De Nora India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 -2,941.47 0.00 0.00 0.00 34.61

NSE:DENORA vs VRT, BE: EV-to-FCF Comparison

For the Electrical Equipment & Parts subindustry, De Nora India's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


De Nora India EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Nora India's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where De Nora India's EV-to-FCF falls into.


NSE:DENORA
70GF Score
De Nora India Ltd NSE:DENORA
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

De Nora India EV-to-FCF Calculation

De Nora India's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3978.443/0
=

De Nora India's current Enterprise Value is ₹3,978 Mil.
De Nora India'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.

Is De Nora India (NSE:DENORA) Overvalued in 2026?

Based on GuruFocus' analysis, De Nora India stock appears to be undervalued. The current stock price of ₹896.05 is trading 58.4% below its estimated GF Value™ of ₹2,154.94. GuruFocus considers De Nora India to be Significantly Undervalued.

Key valuation signals for NSE:DENORA:

  • EV-to-FCF:
  • GF Value™: ₹2,154.94 vs. price of ₹896.05 (58.4% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


De Nora India Business Description

Other Exchanges 590031:India
Address Kumdaim Industrial Estate, Plot Nos. 184, 185 & 189, Kundiam, GA, IND, 403115
De Nora India Ltd is principally engaged in the manufacturing of Electrolytic Products, including anodes, cathodes, electrochlorinators, and Water Technology products. It operates as a single integrated business unit. The company generates the majority of its revenue from the Sale of services. Geographically, the company generates the majority of its revenue from India.
70GF Score

Get the complete analysis for NSE:DENORA

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

₹896.05
Price
₹2,154.94
GF Value