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Transurban GroupASX:TCL -0.62%76 EV-to-EBITDA is 26.82 as of Jul. 24, 2026, which is 5% below its 10-year median of 28.37. GuruFocus rates ASX:TCL with a GF Score™ of 76/100 and a GF Value™ of A$13.48 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,481 Construction companies, Transurban Group ranks worse than 85.75% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Transurban Group's enterprise value is A$65,197 Mil.
Transurban Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,431 Mil. Therefore, Transurban Group's EV-to-EBITDA for today is 26.82.
The historical rank and industry rank for Transurban Group's EV-to-EBITDA or its related term are showing as below:
ASX:TCL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 21.65 Med: 28.37 Max: 37.13
Current: 26.83
During the past 13 years, the highest EV-to-EBITDA of Transurban Group was 37.13. The lowest was 21.65. And the median was 28.37.
ASX:TCL's EV-to-EBITDA is ranked worse than 85.75% of 1481
companies
in the Construction industry
Industry Median: 9.04
vs ASX:TCL: 26.83
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Transurban Group (ASX:TCL) 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.
Transurban Group's PE Ratio (TTM) for today is calculated as:
Transurban Group's share price for today is A$14.53.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.154.
* 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 Transurban Group'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.
Transurban Group EV-to-EBITDA Competitor Comparison
For the Infrastructure Operations subindustry, Transurban Group'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.
Transurban Group EV-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Transurban Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Transurban Group's EV-to-EBITDA falls into.
Transurban Group's current Enterprise Value is A$65,197 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,431 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.
Transurban Group (ASX:TCL) has a EV-to-EBITDA of 26.82 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Transurban Group. This is near median its historical median of 28.37. Over the past decade, Transurban Group's EV-to-EBITDA has ranged from 21.65 to 37.13. According to the industry distribution chart, Transurban Group ranks #1270 out of 1481 companies in the Construction industry, placing it in the top 85.8%.
Is Transurban Group's EV-to-EBITDA too high?
Transurban Group's current EV-to-EBITDA of 26.82 is near median its 10-year median of 28.37. Over the past 10 years, this metric has ranged from a low of 21.65 to a high of 37.13. The Construction industry median EV-to-EBITDA is 9.04. Transurban Group's value of 26.82 is 196.7% above this industry median. Based on the distribution chart, Transurban Group ranks #1270 out of 1481 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Transurban Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transurban Group's EV-to-EBITDA compare to competitors?
According to the Construction industry distribution chart, Transurban Group ranks #1270 out of 1481 companies for EV-to-EBITDA. This places Transurban Group in the lower half of its industry. The industry median EV-to-EBITDA is 9.04. Transurban Group's value of 26.82 is 196.7% above this benchmark. Historically, Transurban Group's own EV-to-EBITDA has ranged from 21.65 to 37.13 over the past decade. While the company's 10-year median is 28.37 vs. the industry median of 9.04, Transurban Group 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 Construction company?
The median EV-to-EBITDA among Construction companies is 9.04, based on 1,481 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. Transurban Group's current EV-to-EBITDA of 26.82 is 196.7% 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 Transurban Group. For the Construction industry, the median EV-to-EBITDA is 9.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transurban Group's current EV-to-EBITDA is 26.82, which is near median its own 10-year median of 28.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transurban Group stock overvalued right now?
Based on GuruFocus' analysis, Transurban Group (ASX:TCL) is currently considered Fairly Valued. The stock's GF Value™ is A$13.48, compared to a current price of A$14.53 — trading 7.8% above its estimated fair value. The current EV-to-EBITDA is 26.82, which is near median its 10-year median of 28.37 and 196.7% above the Construction industry median of 9.04. Transurban Group's overall GF Score™ is 76/100 with 11 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 Transurban Group (ASX:TCL), the current EV-to-EBITDA is 26.82 as of Jul. 24, 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 Transurban Group (ASX:TCL) Overvalued in 2026?
Based on GuruFocus' analysis, Transurban Group stock appears to be overvalued.
The current stock price of A$14.53 is trading 7.8% above its estimated GF Value™ of A$13.48.
GuruFocus considers Transurban Group to be Fairly Valued.
Key valuation signals for ASX:TCL:
EV-to-EBITDA: 26.82 (near median its 10-year median of 28.37)
GF Value™: A$13.48 vs. price of A$14.53 (7.8% above fair value)
Industry Position: 196.7% above the Construction median (#1270 of 1481)
No single metric tells the full story. See the ASX:TCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA, and Montreal, Canada. The weighted average concession life across the portfolio is about 25 years. Australian assets contribute around 90% of proportional revenue.
76GF Score
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