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WatercoASX:WAT +2.09%80 EV-to-EBITDA is 8.51 as of Jul. 25, 2026, which is 21% below its 10-year median of 10.77. GuruFocus rates ASX:WAT with a GF Score™ of 80/100 and a GF Value™ of A$7.75 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,473 Industrial Products companies, Waterco ranks better than 73.03% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Waterco's enterprise value is A$252.0 Mil.
Waterco's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$29.6 Mil. Therefore, Waterco's EV-to-EBITDA for today is 8.51.
The historical rank and industry rank for Waterco's EV-to-EBITDA or its related term are showing as below:
ASX:WAT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.74 Med: 10.77 Max: 21.84
Current: 8.51
During the past 13 years, the highest EV-to-EBITDA of Waterco was 21.84. The lowest was 6.74. And the median was 10.77.
ASX:WAT's EV-to-EBITDA is ranked better than 73.03% of 2473
companies
in the Industrial Products industry
Industry Median: 15.42
vs ASX:WAT: 8.51
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).
Waterco (ASX:WAT) 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.
Waterco's share price for today is A$5.38.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Waterco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.297.
* 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 Waterco'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:WAT vs VLTO, ZWS, CECO: EV-to-EBITDA Comparison
For the Pollution & Treatment Controls subindustry, Waterco'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.
Waterco EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Waterco's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Waterco's EV-to-EBITDA falls into.
Waterco's current Enterprise Value is A$252.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Waterco's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$29.6 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.
Waterco (ASX:WAT) has a EV-to-EBITDA of 8.51 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 Waterco. This is 21% below median its historical median of 10.77. Over the past decade, Waterco's EV-to-EBITDA has ranged from 6.74 to 21.84. According to the industry distribution chart, Waterco ranks #667 out of 2473 companies in the Industrial Products industry, placing it in the top 27%.
Is Waterco's EV-to-EBITDA too high?
Waterco's current EV-to-EBITDA of 8.51 is 21% below median its 10-year median of 10.77. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 21.84. The Industrial Products industry median EV-to-EBITDA is 15.42. Waterco's value of 8.51 is 44.8% below this industry median. Based on the distribution chart, Waterco ranks #667 out of 2473 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Waterco has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waterco's EV-to-EBITDA compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Waterco ranks #667 out of 2473 companies for EV-to-EBITDA. This puts Waterco in the upper half of its industry. The industry median EV-to-EBITDA is 15.42. Waterco's value of 8.51 is 44.8% below this benchmark. Historically, Waterco's own EV-to-EBITDA has ranged from 6.74 to 21.84 over the past decade. While the company's 10-year median is 10.77 vs. the industry median of 15.42, Waterco 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 an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.42, based on 2,473 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. Waterco's current EV-to-EBITDA of 8.51 is 44.8% 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 Waterco. For the Industrial Products industry, the median EV-to-EBITDA is 15.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waterco's current EV-to-EBITDA is 8.51, which is 21% below median its own 10-year median of 10.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterco stock overvalued right now?
Based on GuruFocus' analysis, Waterco (ASX:WAT) is currently considered Significantly Undervalued. The stock's GF Value™ is A$7.75, compared to a current price of A$5.38 — trading 30.6% below its estimated fair value. The current EV-to-EBITDA is 8.51, which is 21% below median its 10-year median of 10.77 and 44.8% below the Industrial Products industry median of 15.42. Waterco's overall GF Score™ is 80/100 with 3 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 Waterco (ASX:WAT), the current EV-to-EBITDA is 8.51 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 Waterco (ASX:WAT) Overvalued in 2026?
Based on GuruFocus' analysis, Waterco stock appears to be undervalued.
The current stock price of A$5.38 is trading 30.6% below its estimated GF Value™ of A$7.75.
GuruFocus considers Waterco to be Significantly Undervalued.
Key valuation signals for ASX:WAT:
EV-to-EBITDA: 8.51 (21% below median its 10-year median of 10.77)
GF Value™: A$7.75 vs. price of A$5.38 (30.6% below fair value)
Industry Position: 44.8% below the Industrial Products median (#667 of 2473)
No single metric tells the full story. See the ASX:WAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waterco Ltd designs, manufactures, and distributes filtration and sanitisation products for swimming pools, spas, aquaculture, and water purification sectors. The company serves residential, commercial, and industrial markets in various countries. Waterco operates manufacturing and R&D facilities in Australia, New Zealand, Malaysia, China, and other countries. It also franchises Swimart, a pool and spa retail network in Australia and New Zealand, and is the exclusive distributor of Zane Solar Pool Heating systems. Waterco's product range includes pool equipment, water treatment systems, chemicals, and solar heating solutions. The company generates revenue predominantly through the sales of pool and spa equipment, water treatment systems, and franchising operations.
80GF Score
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