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X2M ConnectASX:X2M EV-to-EBITDA is -0.54 as of Jul. 29, 2026. The stock has 8 warning signs investors should review. Among 1,895 Hardware companies, X2M Connect ranks worse than 52770.4% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, X2M Connect's enterprise value is A$5.24 Mil.
X2M Connect's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-9.74 Mil. Therefore, X2M Connect's EV-to-EBITDA for today is -0.54.
The historical rank and industry rank for X2M Connect's EV-to-EBITDA or its related term are showing as below:
ASX:X2M'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -3.25 Med: -1.54 Max: -0.54
Current: -0.54
During the past 4 years, the highest EV-to-EBITDA of X2M Connect was -0.54. The lowest was -3.25. And the median was -1.54.
ASX:X2M's EV-to-EBITDA is ranked worse than 100% of 1895
companies
in the Hardware industry
Industry Median: 14.6
vs ASX:X2M: -0.54
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).
X2M Connect (ASX:X2M) 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.
X2M Connect's PE Ratio (TTM) for today is calculated as:
X2M Connect's share price for today is A$0.003.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. X2M Connect's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.030.
* 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 X2M Connect'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:X2M vs COHR, KEYS, GRMN: EV-to-EBITDA Comparison
For the Scientific & Technical Instruments subindustry, X2M Connect'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.
X2M Connect EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, X2M Connect's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where X2M Connect's EV-to-EBITDA falls into.
X2M Connect's current Enterprise Value is A$5.24 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. X2M Connect's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-9.74 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.
X2M Connect (ASX:X2M) has a EV-to-EBITDA of -0.54 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on X2M Connect. According to the industry distribution chart, X2M Connect ranks #999999 out of 1895 companies in the Hardware industry.
Is X2M Connect's EV-to-EBITDA too high?
X2M Connect's current EV-to-EBITDA is -0.54. Based on the distribution chart, X2M Connect ranks #999999 out of 1895 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does X2M Connect's EV-to-EBITDA compare to COHR and KEYS?
According to the Hardware industry distribution chart, X2M Connect ranks #999999 out of 1895 companies for EV-to-EBITDA. This places X2M Connect in the lower half of its industry. The industry median EV-to-EBITDA is 14.60. 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 Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.60, based on 1,895 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. 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 X2M Connect. For the Hardware industry, the median EV-to-EBITDA is 14.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current EV-to-EBITDA is -0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.00 — trading 70% below its estimated fair value. The current EV-to-EBITDA is -0.54. 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 X2M Connect (ASX:X2M), the current EV-to-EBITDA is -0.54 as of Jul. 29, 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.
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.
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