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NextdcASX:NXT -3.59%86 EV-to-EBITDA is 57.42 as of Jul. 25, 2026, which is 53% above its 10-year median of 37.64. GuruFocus rates ASX:NXT with a GF Score™ of 86/100 and a GF Value™ of A$15.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,957 Software companies, Nextdc ranks worse than 89.47% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nextdc's enterprise value is A$12,425.9 Mil.
Nextdc's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$216.4 Mil. Therefore, Nextdc's EV-to-EBITDA for today is 57.42.
The historical rank and industry rank for Nextdc's EV-to-EBITDA or its related term are showing as below:
ASX:NXT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 20.01 Med: 37.64 Max: 74.78
Current: 57.42
During the past 13 years, the highest EV-to-EBITDA of Nextdc was 74.78. The lowest was 20.01. And the median was 37.64.
ASX:NXT's EV-to-EBITDA is ranked worse than 89.47% of 1957
companies
in the Software industry
Industry Median: 10.33
vs ASX:NXT: 57.42
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 (2026-07-25), Nextdc's stock price is A$13.42.
Nextdc's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.087. Therefore, Nextdc'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).
Nextdc (ASX:NXT) 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.
Nextdc's share price for today is A$13.42.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nextdc's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.087.
* 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).
The historical data trend for Nextdc'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.
ASX:NXT vs IBM, ACN, FISV: EV-to-EBITDA Comparison
For the Information Technology Services subindustry, Nextdc'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.
Nextdc EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Nextdc's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nextdc's EV-to-EBITDA falls into.
Nextdc's current Enterprise Value is A$12,425.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nextdc's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$216.4 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.
Nextdc (ASX:NXT) has a EV-to-EBITDA of 57.42 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nextdc. This is 53% above median its historical median of 37.64. Over the past decade, Nextdc's EV-to-EBITDA has ranged from 20.01 to 74.78. According to the industry distribution chart, Nextdc ranks #1751 out of 1957 companies in the Software industry, placing it in the top 89.5%.
Is Nextdc's EV-to-EBITDA too high?
Nextdc's current EV-to-EBITDA of 57.42 is 53% above median its 10-year median of 37.64. Over the past 10 years, this metric has ranged from a low of 20.01 to a high of 74.78. The Software industry median EV-to-EBITDA is 10.33. Nextdc's value of 57.42 is 455.9% above this industry median. Based on the distribution chart, Nextdc ranks #1751 out of 1957 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nextdc has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nextdc's EV-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Nextdc ranks #1751 out of 1957 companies for EV-to-EBITDA. This places Nextdc in the lower half of its industry. The industry median EV-to-EBITDA is 10.33. Nextdc's value of 57.42 is 455.9% above this benchmark. Historically, Nextdc's own EV-to-EBITDA has ranged from 20.01 to 74.78 over the past decade. While the company's 10-year median is 37.64 vs. the industry median of 10.33, Nextdc has consistently been above 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 Software company?
The median EV-to-EBITDA among Software companies is 10.33, based on 1,957 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. Nextdc's current EV-to-EBITDA of 57.42 is 455.9% above 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 Nextdc. For the Software industry, the median EV-to-EBITDA is 10.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextdc's current EV-to-EBITDA is 57.42, which is 53% above median its own 10-year median of 37.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextdc stock overvalued right now?
Based on GuruFocus' analysis, Nextdc (ASX:NXT) is currently considered Modestly Undervalued. The stock's GF Value™ is A$15.34, compared to a current price of A$13.42 — trading 12.5% below its estimated fair value. The current EV-to-EBITDA is 57.42, which is 53% above median its 10-year median of 37.64 and 455.9% above the Software industry median of 10.33. Nextdc's overall GF Score™ is 86/100 with 5 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 Nextdc (ASX:NXT), the current EV-to-EBITDA is 57.42 as of Jul. 25, 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 Nextdc (ASX:NXT) Overvalued in 2026?
Based on GuruFocus' analysis, Nextdc stock appears to be undervalued.
The current stock price of A$13.42 is trading 12.5% below its estimated GF Value™ of A$15.34.
GuruFocus considers Nextdc to be Modestly Undervalued.
Key valuation signals for ASX:NXT:
EV-to-EBITDA: 57.42 (53% above median its 10-year median of 37.64)
GF Value™: A$15.34 vs. price of A$13.42 (12.5% below fair value)
Industry Position: 455.9% above the Software median (#1751 of 1957)
No single metric tells the full story. See the ASX:NXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NextDC operates 17 data centers in Australian cities with a focus on co-location and interconnection between enterprises, global cloud, and ICT providers and telecommunication networks. It has another 2 data centers in Asia and 13 data centers in development or planning stage in Australia, Asia, and New Zealand. NextDC provides physical space, cooling, power, and security services and offers optional technical and project management support. The company's tenants store their servers within the data center and can connect to each other, to and between global public cloud providers and telecommunication network providers via physical and virtual connections. Co-location services allow enterprises to enhance security of data transmission and reduce latency.
86GF Score
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