Dyno Nobel (ASX:DNL) EV-to-EBITDA: 10.74 (As of Aug. 05, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

ASX:DNL Dyno Nobel Ltd ASX:DNL
55 GF Score
Price A$3.78
GF Value A$2.21
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Dyno Nobel EV-to-EBITDA?

Dyno Nobel ASX:DNL +1.34% 55 EV-to-EBITDA is 10.74 as of Aug. 05, 2026, which is 4% above its 10-year median of 10.37. GuruFocus rates ASX:DNL with a GF Score™ of 55/100 and a GF Value™ of A$2.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,322 Chemicals companies, Dyno Nobel ranks better than 58.55% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Dyno Nobel's enterprise value is A$7,967 Mil. Dyno Nobel's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was A$742 Mil. Therefore, Dyno Nobel's EV-to-EBITDA for today is 10.74.

The historical rank and industry rank for Dyno Nobel's EV-to-EBITDA or its related term are showing as below:

ASX:DNL' s EV-to-EBITDA Range Over the Past 10 Years
Min: -37.31   Med: 10.37   Max: 19.07
Current: 10.74

During the past 13 years, the highest EV-to-EBITDA of Dyno Nobel was 19.07. The lowest was -37.31. And the median was 10.37.

ASX:DNL's EV-to-EBITDA is ranked better than
58.55% of 1322 companies
in the Chemicals industry
Industry Median: 13.345 vs ASX:DNL: 10.74

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-05), Dyno Nobel's stock price is A$3.78. Dyno Nobel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was A$-0.022. Therefore, Dyno Nobel's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Dyno Nobel  (ASX:DNL) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. 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.

Dyno Nobel's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.78/-0.022
=At Loss

Dyno Nobel's share price for today is A$3.78.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dyno Nobel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was A$-0.022.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Dyno Nobel EV-to-EBITDA Related Terms


Dyno Nobel EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dyno Nobel's EV-to-EBITDA 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.

Dyno Nobel EV-to-EBITDA Chart

Dyno Nobel Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.93 4.37 9.67 -35.58 11.03

Dyno Nobel Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBITDA 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 0.00 -35.58 0.00 11.03 0.00

ASX:DNL vs LIN, SHW, ECL: EV-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Dyno Nobel's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Dyno Nobel EV-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dyno Nobel's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dyno Nobel's EV-to-EBITDA falls into.


ASX:DNL
55GF Score
Dyno Nobel Ltd ASX:DNL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dyno Nobel EV-to-EBITDA Calculation

Dyno Nobel's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=7966.579/742
=10.74

Dyno Nobel's current Enterprise Value is A$7,967 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dyno Nobel's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was A$742 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 10.74 mean?
Dyno Nobel (ASX:DNL) has a EV-to-EBITDA of 10.74 as of Aug. 05, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Dyno Nobel. This is near median its historical median of 10.37. According to the industry distribution chart, Dyno Nobel ranks #548 out of 1322 companies in the Chemicals industry, placing it in the top 41.5%.
Is Dyno Nobel's EV-to-EBITDA too high?
Dyno Nobel's current EV-to-EBITDA of 10.74 is near median its 10-year median of 10.37. The Chemicals industry median EV-to-EBITDA is 13.35. Dyno Nobel's value of 10.74 is 19.5% below this industry median. Based on the distribution chart, Dyno Nobel ranks #548 out of 1322 companies in the Chemicals industry, which is above the industry midpoint. Overall, Dyno Nobel has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dyno Nobel's EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dyno Nobel ranks #548 out of 1322 companies for EV-to-EBITDA. This puts Dyno Nobel in the upper half of its industry. The industry median EV-to-EBITDA is 13.35. Dyno Nobel's value of 10.74 is 19.5% below this benchmark. While the company's 10-year median is 10.37 vs. the industry median of 13.35, Dyno Nobel has consistently been below 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-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.35, based on 1,322 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dyno Nobel's current EV-to-EBITDA of 10.74 is 19.5% below 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Dyno Nobel. For the Chemicals industry, the median EV-to-EBITDA is 13.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dyno Nobel's current EV-to-EBITDA is 10.74, which is near median its own 10-year median of 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyno Nobel stock overvalued right now?
Based on GuruFocus' analysis, Dyno Nobel (ASX:DNL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.21, compared to a current price of A$3.78 — trading 71% above its estimated fair value. The current EV-to-EBITDA is 10.74, which is near median its 10-year median of 10.37 and 19.5% below the Chemicals industry median of 13.35. Dyno Nobel's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Dyno Nobel (ASX:DNL), the current EV-to-EBITDA is 10.74 as of Aug. 05, 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 Dyno Nobel (ASX:DNL) Overvalued in 2026?

Based on GuruFocus' analysis, Dyno Nobel stock appears to be overvalued. The current stock price of A$3.78 is trading 71% above its estimated GF Value™ of A$2.21. GuruFocus considers Dyno Nobel to be Significantly Overvalued.

Key valuation signals for ASX:DNL:

  • EV-to-EBITDA: 10.74 (near median its 10-year median of 10.37)
  • GF Value™: A$2.21 vs. price of A$3.78 (71% above fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 19.5% below the Chemicals median (#548 of 1322)

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


Dyno Nobel Business Description

Other Exchanges DNLZY:USAI5P0:Germany
Address 28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006
Dyno Nobel is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives traditionally contributed around 80% of EBIT, but with the sale of the fertilizers business, this moves to 100%.
55GF Score

Get the complete analysis for ASX:DNL

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

A$3.78
Price
A$2.21
GF Value