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Euronext Athens HoldingATH:EXAE +0.54%94 EV-to-EBITDA is 7.11 as of Jul. 26, 2026, which is 43% below its 10-year median of 12.38. GuruFocus rates ATH:EXAE with a GF Score™ of 94/100 and a GF Value™ of €8.48 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 515 Capital Markets companies, Euronext Athens Holding ranks better than 60.19% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Euronext Athens Holding's enterprise value is €321.75 Mil.
Euronext Athens Holding's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €45.27 Mil. Therefore, Euronext Athens Holding's EV-to-EBITDA for today is 7.11.
The historical rank and industry rank for Euronext Athens Holding's EV-to-EBITDA or its related term are showing as below:
ATH:EXAE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.05 Med: 12.38 Max: 59.23
Current: 7.11
During the past 13 years, the highest EV-to-EBITDA of Euronext Athens Holding was 59.23. The lowest was 5.05. And the median was 12.38.
ATH:EXAE's EV-to-EBITDA is ranked better than 60.19% of 515
companies
in the Capital Markets industry
Industry Median: 9.48
vs ATH:EXAE: 7.11
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.
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.
Euronext Athens Holding's PE Ratio (TTM) for today is calculated as:
Euronext Athens Holding's share price for today is €7.40.
Euronext Athens Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.546.
* 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).
* 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.
ATH:EXAE vs SPGI, CME, MCO: EV-to-EBITDA Comparison
For the Financial Data & Stock Exchanges subindustry, Euronext Athens Holding'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.
Euronext Athens Holding EV-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Euronext Athens Holding's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Euronext Athens Holding's EV-to-EBITDA falls into.
Euronext Athens Holding's current Enterprise Value is €321.75 Mil.
Euronext Athens Holding's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €45.27 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.
Euronext Athens Holding (ATH:EXAE) has a EV-to-EBITDA of 7.11 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Euronext Athens Holding. This is 43% below median its historical median of 12.38. Over the past decade, Euronext Athens Holding's EV-to-EBITDA has ranged from 5.05 to 59.23. According to the industry distribution chart, Euronext Athens Holding ranks #205 out of 515 companies in the Capital Markets industry, placing it in the top 39.8%.
Is Euronext Athens Holding's EV-to-EBITDA too high?
Euronext Athens Holding's current EV-to-EBITDA of 7.11 is 43% below median its 10-year median of 12.38. Over the past 10 years, this metric has ranged from a low of 5.05 to a high of 59.23. The Capital Markets industry median EV-to-EBITDA is 9.48. Euronext Athens Holding's value of 7.11 is 25% below this industry median. Based on the distribution chart, Euronext Athens Holding ranks #205 out of 515 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Euronext Athens Holding has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Euronext Athens Holding's EV-to-EBITDA compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Euronext Athens Holding ranks #205 out of 515 companies for EV-to-EBITDA. This puts Euronext Athens Holding in the upper half of its industry. The industry median EV-to-EBITDA is 9.48. Euronext Athens Holding's value of 7.11 is 25% below this benchmark. Historically, Euronext Athens Holding's own EV-to-EBITDA has ranged from 5.05 to 59.23 over the past decade. While the company's 10-year median is 12.38 vs. the industry median of 9.48, Euronext Athens Holding 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 Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 9.48, based on 515 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. Euronext Athens Holding's current EV-to-EBITDA of 7.11 is 25% 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 Euronext Athens Holding. For the Capital Markets industry, the median EV-to-EBITDA is 9.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euronext Athens Holding's current EV-to-EBITDA is 7.11, which is 43% below median its own 10-year median of 12.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euronext Athens Holding stock overvalued right now?
Based on GuruFocus' analysis, Euronext Athens Holding (ATH:EXAE) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.48, compared to a current price of €7.40 — trading 12.7% below its estimated fair value. The current EV-to-EBITDA is 7.11, which is 43% below median its 10-year median of 12.38 and 25% below the Capital Markets industry median of 9.48. Euronext Athens Holding's overall GF Score™ is 94/100 with 4 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 Euronext Athens Holding (ATH:EXAE), the current EV-to-EBITDA is 7.11 as of Jul. 26, 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 Euronext Athens Holding (ATH:EXAE) Overvalued in 2026?
Based on GuruFocus' analysis, Euronext Athens Holding stock appears to be undervalued.
The current stock price of €7.40 is trading 12.7% below its estimated GF Value™ of €8.48.
GuruFocus considers Euronext Athens Holding to be Modestly Undervalued.
Key valuation signals for ATH:EXAE:
EV-to-EBITDA: 7.11 (43% below median its 10-year median of 12.38)
GF Value™: €8.48 vs. price of €7.40 (12.7% below fair value)
Industry Position: 25% below the Capital Markets median (#205 of 515)
No single metric tells the full story. See the ATH:EXAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Euronext Athens Holding SA operates the Greek capital market, offering trading, clearing, settlement, and registry services for equities, derivatives, bonds, and energy markets.
94GF Score
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