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ideaForge Technology Ltd
NSE:IDEAFORGE

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ideaForge Technology Ltd
NSE:IDEAFORGE
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Price: 479.8 INR 3.86% Market Closed
Market Cap: ₹20.8B

EV/EBIT

-16.5
Current
9%
Cheaper
vs 3-y average of -18.1

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

EV/EBIT
-16.5
=
Enterprise Value
₹16.3B
/
EBIT
₹-1.2B

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

EV/EBIT
-16.5
=
Enterprise Value
₹16.3B
/
EBIT
₹-1.2B

Valuation Scenarios

ideaForge Technology Ltd is trading above its industry average

If EV/EBIT returns to its Industry Average (47.4), the stock would be worth ₹-1 378.33 (387% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-387%
Maximum Upside
No Upside Scenarios
Average Downside
314%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple -16.5 ₹479.8
0%
Industry Average 47.4 ₹-1 378.33
-387%
Country Average 23.3 ₹-677.02
-241%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹16.3B
/
Jan 2026
₹-1.2B
=
-16.5
Current
₹16.3B
/
Mar 2026
₹141.4m
=
115.3
Forward
₹16.3B
/
Mar 2027
₹587.8m
=
27.7
Forward
₹16.3B
/
Mar 2028
₹759.5m
=
21.5
Forward

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

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
IN
ideaForge Technology Ltd
NSE:IDEAFORGE
20B INR -16.5 -20.2
US
Raytheon Technologies Corp
NYSE:RTX
262.5B USD 30.3 37.7
US
RTX Corp
LSE:0R2N
262.1B USD 30 37.4
US
Boeing Co
NYSE:BA
176.6B USD -34.9 91.3
NL
Airbus SE
PAR:AIR
136.3B EUR 22.3 25.7
FR
Safran SA
PAR:SAF
126.3B EUR 26.1 16.5
UK
Rolls-Royce Holdings PLC
LSE:RR
106.6B GBP 21.8 17.1
US
Lockheed Martin Corp
NYSE:LMT
133.1B USD 18.9 26.1
US
Howmet Aerospace Inc
NYSE:HWM
102.7B USD 47.4 65.8
US
Northrop Grumman Corp
NYSE:NOC
93.3B USD 22.9 20.9
UK
BAE Systems PLC
LSE:BA
67.2B GBP 25.8 31.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
i
ideaForge Technology Ltd
NSE:IDEAFORGE
Average EV/EBIT: 27.3
Negative Multiple: -16.5
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
30.3
17%
1.8
US
RTX Corp
LSE:0R2N
30
17%
1.8
US
Boeing Co
NYSE:BA
Negative Multiple: -34.9 N/A N/A
NL
Airbus SE
PAR:AIR
22.3
25%
0.9
FR
Safran SA
PAR:SAF
26.1
20%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
21.8
4%
5.4
US
Lockheed Martin Corp
NYSE:LMT
18.9
11%
1.7
US
Howmet Aerospace Inc
NYSE:HWM
47.4
17%
2.8
US
Northrop Grumman Corp
NYSE:NOC
22.9
8%
2.9
UK
BAE Systems PLC
LSE:BA
25.8
19%
1.4
P/E Multiple
Earnings Growth PEG
IN
i
ideaForge Technology Ltd
NSE:IDEAFORGE
Average P/E: 37
Negative Multiple: -20.2
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
37.7
19%
2
US
RTX Corp
LSE:0R2N
37.4
18%
2.1
US
Boeing Co
NYSE:BA
91.3
53%
1.7
NL
Airbus SE
PAR:AIR
25.7
19%
1.4
FR
Safran SA
PAR:SAF
16.5
-6%
N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
17.1
-10%
N/A
US
Lockheed Martin Corp
NYSE:LMT
26.1
16%
1.6
US
Howmet Aerospace Inc
NYSE:HWM
65.8
20%
3.3
US
Northrop Grumman Corp
NYSE:NOC
20.9
3%
7
UK
BAE Systems PLC
LSE:BA
31.2
16%
2

Market Distribution

Lower than 100% of companies in India
Percentile
0th
Based on 2 572 companies
0th percentile
-16.5
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

ideaForge Technology Ltd
Glance View

Market Cap
20.8B INR
Industry
Aerospace & Defense

ideaForge Technology Ltd is a IN-based company operating in Aerospace & Defense industry. The company is headquartered in Navi Mumbai, Maharashtra. The company went IPO on 2023-07-07. Ideaforge Technology Limited is an India-based company. The firm is primarily engaged in the business of manufacture and marketing of unmanned aerial vehicle (UAV) systems which are used for security and surveillance. The ancillary business of providing training and maintenance service evolve around the main business of manufacture and marketing of UAV systems. The Company’s products include SWITCH UAV, NETRA V4 UAV, Q4i UAV, NINJA UAV, RYNO UAV, and Q6 UAV. Its security and surveillance applications include anti-terror, border security, coastal security and surveillance, crime control, disaster management, emergency first responder, forest and wildlife, and traffic monitoring. The Company’s mapping and surveying applications include land survey, mining area planning and mapping, volumetric estimation, and construction and real estate.

IDEAFORGE Intrinsic Value
256.41 INR
Overvaluation 47%
Intrinsic Value
Price ₹479.8
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