S.P. Apparels (NSE:SPAL) EV-to-FCF: (As of Jul. 14, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:SPAL S.P. Apparels Ltd NSE:SPAL
87 GF Score
Price ₹1,124.80
GF Value ₹933.60
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is S.P. Apparels EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, S.P. Apparels's Enterprise Value is ₹31,574 Mil. S.P. Apparels's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, S.P. Apparels's EV-to-FCF for today is .

The historical rank and industry rank for S.P. Apparels's EV-to-FCF or its related term are showing as below:

NSE:SPAL' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 32.27
Current: 32.27

During the past 12 years, the highest EV-to-FCF of S.P. Apparels was 32.27. The lowest was 0.00. And the median was 0.00.

NSE:SPAL's EV-to-FCF is ranked worse than
72.44% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.97 vs NSE:SPAL: 32.27

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 (2026-07-14), S.P. Apparels's stock price is ₹1124.80. S.P. Apparels's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹40.060. Therefore, S.P. Apparels's PE Ratio (TTM) for today is 28.08.


S.P. Apparels  (NSE:SPAL) 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.

S.P. Apparels's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1124.80/40.060
=28.08

S.P. Apparels's share price for today is ₹1124.80.
S.P. Apparels'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 ₹40.060.

* 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.


S.P. Apparels EV-to-FCF Related Terms


S.P. Apparels EV-to-FCF Historical Data

* Premium members only.

The historical data trend for S.P. Apparels'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.

S.P. Apparels EV-to-FCF Chart

S.P. Apparels 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 -161.46 5.67 62.93 -54.23 20.79

S.P. Apparels 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 -54.23 0.00 0.00 0.00 20.79

NSE:SPAL vs RL, LEVI, VFC: EV-to-FCF Comparison

For the Apparel Manufacturing subindustry, S.P. Apparels'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.


S.P. Apparels EV-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, S.P. Apparels's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where S.P. Apparels's EV-to-FCF falls into.


NSE:SPAL
87GF Score
S.P. Apparels Ltd NSE:SPAL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S.P. Apparels EV-to-FCF Calculation

S.P. Apparels's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=31573.562/0
=

S.P. Apparels's current Enterprise Value is ₹31,574 Mil.
S.P. Apparels'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 S.P. Apparels (NSE:SPAL) Overvalued in 2026?

Based on GuruFocus' analysis, S.P. Apparels stock appears to be overvalued. The current stock price of ₹1,124.80 is trading 20.5% above its estimated GF Value™ of ₹933.60. GuruFocus considers S.P. Apparels to be Modestly Overvalued.

Key valuation signals for NSE:SPAL:

  • EV-to-FCF:
  • GF Value™: ₹933.60 vs. price of ₹1,124.80 (20.5% above fair value)
  • GF Score™: 87/100 with 7 warning signs

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


S.P. Apparels Business Description

Other Exchanges 540048:India
Address 39-A, Extension Street, Kaikattipudur Road, Tiruppur District, Avinashi, TN, IND, 641 654
S.P. Apparels Ltd is an India-based company engaged in the business of manufacturing and exporting knitted garments for infants and children. Geographically, it derives a majority of revenue from Outside India. Its product categories include the Garment division and Retail division. The company manufactures and retails menswear garments under the brand Crocodile.
87GF Score

Get the complete analysis for NSE:SPAL

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

₹1,124.80
Price
₹933.60
GF Value