M

Mahindra and Mahindra Ltd
OTC:MAHMF

Watchlist Manager
Mahindra and Mahindra Ltd
OTC:MAHMF
Watchlist
Price: 35 USD Market Closed
Market Cap: $41.9B

EV/EBITDA

12
Current
4%
Cheaper
vs 3-y average of 12.4

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
12
=
Enterprise Value
$4.6T
/
EBITDA
₹339.4B

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
12
=
Enterprise Value
$4.6T
/
EBITDA
₹339.4B

Valuation Scenarios

Mahindra and Mahindra Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (12.4), the stock would be worth $36.3 (4% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-12%
Maximum Upside
+47%
Average Upside
15%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 12 $35
0%
3-Year Average 12.4 $36.3
+4%
5-Year Average 10.6 $30.94
-12%
Industry Average 14.5 $42.24
+21%
Country Average 17.7 $51.58
+47%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$4.6T
/
Jan 2026
₹339.4B
=
12
Current
$4.6T
/
Mar 2026
₹212.5B
=
21.6
Forward
$4.6T
/
Mar 2027
₹238.1B
=
19.3
Forward
$4.6T
/
Mar 2028
₹264.8B
=
17.4
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
Mahindra and Mahindra Ltd
OTC:MAHMF
3.7T USD 12 23.3
US
Tesla Inc
NASDAQ:TSLA
1.4T USD 124.1 369.5
JP
Toyota Motor Corp
TSE:7203
40.7T JPY 7.4 11
CN
BYD Co Ltd
SZSE:002594
911.5B CNY 28.2 28.3
KR
Hyundai Motor Co
KRX:005380
139.7T KRW 15.2 14.3
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 4.5 4.9
DE
Daimler AG
XETRA:DAI
67.5B EUR 4 3.7
US
General Motors Co
NYSE:GM
71B USD 8.1 22.3
IT
Ferrari NV
MIL:RACE
59.7B EUR 21.6 37
DE
Bayerische Motoren Werke AG
XETRA:BMW
49.2B EUR 5.5 6.7
DE
Volkswagen AG
XETRA:VOW
45.5B EUR 1.8 6.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
M
Mahindra and Mahindra Ltd
OTC:MAHMF
Average EV/EBITDA: 21.1
12
-5%
N/A
US
Tesla Inc
NASDAQ:TSLA
124.1
33%
3.8
JP
Toyota Motor Corp
TSE:7203
7.4
1%
7.4
CN
BYD Co Ltd
SZSE:002594
28.2
69%
0.4
KR
Hyundai Motor Co
KRX:005380
15.2
10%
1.5
DE
Mercedes Benz Group AG
MIL:MBG
4.5
4%
1.1
DE
Daimler AG
XETRA:DAI
4
N/A N/A
US
General Motors Co
NYSE:GM
8.1
13%
0.6
IT
Ferrari NV
MIL:RACE
21.6
8%
2.7
DE
Bayerische Motoren Werke AG
XETRA:BMW
5.5
8%
0.7
DE
Volkswagen AG
XETRA:VOW
1.8
2%
0.9

Market Distribution

Lower than 100% of companies in India
Percentile
0th
Based on 2 785 companies
0th percentile
0.1
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

Mahindra and Mahindra Ltd
Glance View

In the sprawling world of Indian conglomerates, Mahindra and Mahindra Ltd. stands as a symbol of diverse and strategic expansion, tracing its origins back to the steel industry in 1945. Over the decades, it has blossomed into a multifaceted powerhouse with a dynamic presence across sectors like automobiles, agribusiness, aerospace, and finance. Mahindra is most recognized for its robust vehicle segment, including passenger cars, commercial vehicles, and a dominating presence in the utility vehicle market. Their automotive prowess is fortified by strategic advancements in electric vehicles, positioning Mahindra as a key player in the drive towards sustainable mobility. Beyond just manufacturing, the company strives to integrate innovation with accessibility, tapping into both urban and rural markets, thus ensuring a vast and varied consumer base. This strategic foresight in capturing future trends, while staying grounded in tradition, fundamentally drives its revenue streams. The company’s approach to business extends beyond just providing products; it centers around creating ecosystems that leverage synergies across its vast spectrum of operations. The financial services arm, offering a range of financial products and solutions, complements their automotive division by easing ownership through financing, thereby incentivizing purchase. In agribusiness, Mahindra ensures an impact right from the farm to the fork, with its advanced tractors and farm equipment creating waves in enhancing rural productivity. Meanwhile, their ventures into real estate, IT, and infrastructure reflect an adeptness at identifying emerging market needs and responding with agility. This intricate web of interlinked businesses not only fuels Mahindra and Mahindra's growth but also buffers it against market fluctuations, creating a resilient entity that thrives on innovation and strategic diversification.

MAHMF Intrinsic Value
24.26 USD
Overvaluation 31%
Intrinsic Value
Price $35
M
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett