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SP RefractoriesNSE:SPRL -2.70%71 EV-to-FCF is 57.39 as of Jul. 14, 2026, which is 151% above its 10-year median of 22.89. GuruFocus rates NSE:SPRL with a GF Score™ of 71/100 and a GF Value™ of ₹131.69 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 274 Building Materials companies, SP Refractories ranks worse than 83.58% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, SP Refractories's Enterprise Value is ₹251.8 Mil.
SP Refractories's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.4 Mil. Therefore, SP Refractories's EV-to-FCF for today is 57.39.
The historical rank and industry rank for SP Refractories's EV-to-FCF or its related term are showing as below:
NSE:SPRL'
s EV-to-FCF Range Over the Past 10 Years
Min: -24.7 Med: 22.89 Max: 166.77
Current: 57.39
During the past 8 years, the highest EV-to-FCF of SP Refractories was 166.77. The lowest was -24.70. And the median was 22.89.
NSE:SPRL's EV-to-FCF is ranked worse than 83.58% of 274
companies
in the Building Materials industry
Industry Median: 18.925
vs NSE:SPRL: 57.39
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.
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.
SP Refractories's PE Ratio (TTM) for today is calculated as:
SP Refractories's share price for today is ₹108.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SP Refractories's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹19.720.
* 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.
SP Refractories EV-to-FCF Related Terms
SP Refractories EV-to-FCF Historical Data
* Premium members only.
The historical data trend for SP Refractories'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.
For the Building Materials subindustry, SP Refractories'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.
SP Refractories EV-to-FCF vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, SP Refractories's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where SP Refractories's EV-to-FCF falls into.
SP Refractories's current Enterprise Value is ₹251.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SP Refractories's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4.4 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.
SP Refractories (NSE:SPRL) has a EV-to-FCF of 57.39 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on SP Refractories and its competitors. This is 151% above median its historical median of 22.89. According to the industry distribution chart, SP Refractories ranks #229 out of 274 companies in the Building Materials industry, placing it in the top 83.6%.
Is SP Refractories' EV-to-FCF too high?
SP Refractories' current EV-to-FCF of 57.39 is 151% above median its 10-year median of 22.89. The Building Materials industry median EV-to-FCF is 18.93. SP Refractories' value of 57.39 is 203.2% above this industry median. Based on the distribution chart, SP Refractories ranks #229 out of 274 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, SP Refractories has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SP Refractories' EV-to-FCF compare to CRH and VMC?
According to the Building Materials industry distribution chart, SP Refractories ranks #229 out of 274 companies for EV-to-FCF. This places SP Refractories in the lower half of its industry. The industry median EV-to-FCF is 18.93. SP Refractories' value of 57.39 is 203.2% above this benchmark. While the company's 10-year median is 22.89 vs. the industry median of 18.93, SP Refractories has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Building Materials company?
The median EV-to-FCF among Building Materials companies is 18.93, based on 274 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SP Refractories's current EV-to-FCF of 57.39 is 203.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on SP Refractories and its competitors. For the Building Materials industry, the median EV-to-FCF is 18.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Refractories's current EV-to-FCF is 57.39, which is 151% above median its own 10-year median of 22.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Refractories stock overvalued right now?
Based on GuruFocus' analysis, SP Refractories (NSE:SPRL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹131.69, compared to a current price of ₹108.00 — trading 18% below its estimated fair value. The current EV-to-FCF is 57.39, which is 151% above median its 10-year median of 22.89 and 203.2% above the Building Materials industry median of 18.93. SP Refractories' overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For SP Refractories (NSE:SPRL), the current EV-to-FCF is 57.39 as of Jul. 14, 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 SP Refractories (NSE:SPRL) Overvalued in 2026?
Based on GuruFocus' analysis, SP Refractories stock appears to be undervalued.
The current stock price of ₹108.00 is trading 18% below its estimated GF Value™ of ₹131.69.
GuruFocus considers SP Refractories to be Modestly Undervalued.
Key valuation signals for NSE:SPRL:
EV-to-FCF: 57.39 (151% above median its 10-year median of 22.89)
GF Value™: ₹131.69 vs. price of ₹108.00 (18% below fair value)
Industry Position: 203.2% above the Building Materials median (#229 of 274)
No single metric tells the full story. See the NSE:SPRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.
71GF Score
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