Wheels India (NSE:WHEELS) EV-to-FCF: (As of Jul. 15, 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.
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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:WHEELS Wheels India Ltd NSE:WHEELS
62 GF Score
Price ₹1,469.50
GF Value ₹857.09
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Wheels India EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Wheels India's Enterprise Value is ₹43,611 Mil. Wheels India's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Wheels India's EV-to-FCF for today is .

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

NSE:WHEELS' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 21.74
Current: 21.74

During the past 13 years, the highest EV-to-FCF of Wheels India was 21.74. The lowest was 0.00. And the median was 0.00.

NSE:WHEELS's EV-to-FCF is ranked worse than
58.47% of 850 companies
in the Vehicles & Parts industry
Industry Median: 17.135 vs NSE:WHEELS: 21.74

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 (2026-07-15), Wheels India's stock price is ₹1469.50. Wheels India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹63.450. Therefore, Wheels India's PE Ratio (TTM) for today is 23.16.


Wheels India  (NSE:WHEELS) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1469.50/63.450
=23.16

Wheels India's share price for today is ₹1469.50.
Wheels 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 ₹63.450.

* 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.


Wheels India EV-to-FCF Related Terms


Wheels India EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Wheels 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.

Wheels India EV-to-FCF Chart

Wheels 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 -19.68 8.91 12.51 11.28 15.99

Wheels 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 11.28 0.00 0.00 0.00 15.99

NSE:WHEELS vs ORLY, AZO: EV-to-FCF Comparison

For the Auto Parts subindustry, Wheels 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.


Wheels India EV-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wheels India's EV-to-FCF distribution charts can be found below:

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


NSE:WHEELS
62GF Score
Wheels India Ltd NSE:WHEELS
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wheels India EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=43611.021/0
=

Wheels India's current Enterprise Value is ₹43,611 Mil.
Wheels 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 Wheels India (NSE:WHEELS) Overvalued in 2026?

Based on GuruFocus' analysis, Wheels India stock appears to be overvalued. The current stock price of ₹1,469.50 is trading 71.5% above its estimated GF Value™ of ₹857.09. GuruFocus considers Wheels India to be Significantly Overvalued.

Key valuation signals for NSE:WHEELS:

  • EV-to-FCF:
  • GF Value™: ₹857.09 vs. price of ₹1,469.50 (71.5% above fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Wheels India Business Description

Other Exchanges 590073:India
Address M.T.H. Road, Padi, Chennai, TN, IND, 600 050
Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into the Automotive Components and Industrial Components segments. The automotive components segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors, and construction equipment; however, the group is also engaged in the manufacturing of suspension products for the vehicles. The industrial components segment includes components and structures for windmills, railways, and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.
62GF Score

Get the complete analysis for NSE:WHEELS

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

₹1,469.50
Price
₹857.09
GF Value