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APL Apollo Tubes Ltd
NSE:APLAPOLLO

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APL Apollo Tubes Ltd
NSE:APLAPOLLO
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Price: 2 108.5 INR -1.65% Market Closed
Market Cap: ₹585.4B

EV/EBITDA

33.9
Current
3%
Cheaper
vs 3-y average of 34.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
33.9
=
Enterprise Value
₹609.6B
/
EBITDA
₹17B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
33.9
=
Enterprise Value
₹609.6B
/
EBITDA
₹17B

Valuation Scenarios

APL Apollo Tubes Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (34.9), the stock would be worth ₹2 166.89 (3% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-64%
Maximum Upside
+3%
Average Downside
28%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 33.9 ₹2 108.5
0%
3-Year Average 34.9 ₹2 166.89
+3%
5-Year Average 32.9 ₹2 044.41
-3%
Industry Average 12.1 ₹749.14
-64%
Country Average 17.7 ₹1 097.24
-48%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
₹609.6B
/
Jan 2026
₹17B
=
33.9
Current
₹609.6B
/
Mar 2026
₹18.3B
=
33.2
Forward
₹609.6B
/
Mar 2027
₹21.9B
=
27.8
Forward
₹609.6B
/
Mar 2028
₹26.1B
=
23.3
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
IN
APL Apollo Tubes Ltd
NSE:APLAPOLLO
595.2B INR 33.9 51.3
ZA
Kumba Iron Ore Ltd
JSE:KIO
102.4B ZAR 3.5 7
BR
Vale SA
BOVESPA:VALE3
378.8B BRL 5.3 27.5
AU
Fortescue Metals Group Ltd
ASX:FMG
65.2B AUD 8.1 11.8
LU
ArcelorMittal SA
AEX:MT
39.8B EUR 9.4 14.6
US
Nucor Corp
NYSE:NUE
46.3B USD 12.5 27.4
AU
Fortescue Ltd
XMUN:FVJ
39.5B EUR 8.2 12.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 14.1 41.8
US
Steel Dynamics Inc
NASDAQ:STLD
30.6B USD 17.5 27.1
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 10.7 28.8
US
Carpenter Technology Corp
NYSE:CRS
22.5B USD 30 50.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
APL Apollo Tubes Ltd
NSE:APLAPOLLO
Average EV/EBITDA: 13.9
33.9
30%
1.1
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
3.5
5%
0.7
BR
Vale SA
BOVESPA:VALE3
5.3
6%
0.9
AU
Fortescue Metals Group Ltd
ASX:FMG
8.1
13%
0.6
LU
ArcelorMittal SA
AEX:MT
9.4
24%
0.4
US
Nucor Corp
NYSE:NUE
12.5
14%
0.9
AU
F
Fortescue Ltd
XMUN:FVJ
8.2
13%
0.6
IN
JSW Steel Ltd
NSE:JSWSTEEL
14.1
23%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
17.5
22%
0.8
IN
Tata Steel Ltd
NSE:TATASTEEL
10.7
29%
0.4
US
Carpenter Technology Corp
NYSE:CRS
30
20%
1.5

Market Distribution

Higher than 77% of companies in India
Percentile
77th
Based on 2 785 companies
77th percentile
33.9
Low
0.4 — 11.9
Typical Range
11.9 — 27.8
High
27.8 —
Distribution Statistics
India
Min 0.4
30th Percentile 11.9
Median 17.7
70th Percentile 27.8
Max 47 834.4

APL Apollo Tubes Ltd
Glance View

In the bustling corridors of the Indian infrastructure landscape, APL Apollo Tubes Ltd stands as a pivotal player orchestrating a symphony of steel through innovation and efficiency. Founded in 1986, this company has matured into the largest producer of electric resistance welded (ERW) steel tubes in India. With its wide network of strategically located manufacturing units, APL Apollo caters to the versatile needs of various sectors including construction, housing, and automotive industries. The company's specialty lies in transforming raw steel into a diverse range of products such as hollow sections, galvanized tubes, and pre-galvanized tubes that serve as the backbone for structural and industrial projects across the country. By investing in advanced technology and a robust distribution network, APL Apollo ensures its products are world-class, meeting not only domestic demands but tapping into international markets as well. The brilliance of APL Apollo’s business model shines through its ability to optimize economies of scale while focusing on customization and quality. This is achieved through a relentless emphasis on research and development, enabling the company to produce superior and cost-efficient steel solutions. Revenue flows steadily, as the company embraces a distribution network sprawling over 500 cities, ensuring a constant market presence and solidifying its supply chains. APL Apollo fortifies its financial strength not just through product diversity but also by maintaining a keen eye on sustainability and efficient operational practices. This strategic balance of innovation, expansive reach, and economic foresight propels APL Apollo Tubes Ltd to remain a formidable force in the realm of steel, shaping the contours of modern infrastructure in India and beyond.

APLAPOLLO Intrinsic Value
1 210.71 INR
Overvaluation 43%
Intrinsic Value
Price ₹2 108.5
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