BRAG (Bragg Gaming Group) EV-to-EBITDA: 2.82 (As of Jul. 22, 2026)

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BRAG Bragg Gaming Group Inc BRAG
49 GF Score
Price $1.69
GF Value $4.57
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Bragg Gaming Group EV-to-EBITDA?

Bragg Gaming Group BRAG +11.50% 49 EV-to-EBITDA is 2.82 as of Jul. 22, 2026. GuruFocus rates BRAG with a GF Score™ of 49/100 and a GF Value™ of $4.57 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 691 Travel & Leisure companies, Bragg Gaming Group ranks better than 92.33% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Bragg Gaming Group's enterprise value is $48.2 Mil. Bragg Gaming Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $17.1 Mil. Therefore, Bragg Gaming Group's EV-to-EBITDA for today is 2.82.

The historical rank and industry rank for Bragg Gaming Group's EV-to-EBITDA or its related term are showing as below:

BRAG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -143.27   Med: -0.96   Max: 48.73
Current: 2.82

During the past 13 years, the highest EV-to-EBITDA of Bragg Gaming Group was 48.73. The lowest was -143.27. And the median was -0.96.

BRAG's EV-to-EBITDA is ranked better than
92.33% of 691 companies
in the Travel & Leisure industry
Industry Median: 9.71 vs BRAG: 2.82

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 (2026-07-22), Bragg Gaming Group's stock price is $1.6892. Bragg Gaming Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.304. Therefore, Bragg Gaming Group'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).


Bragg Gaming Group  (NAS:BRAG) 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.

Bragg Gaming Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.6892/-0.304
=At Loss

Bragg Gaming Group's share price for today is $1.6892.
Bragg Gaming Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.304.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Bragg Gaming Group EV-to-EBITDA Related Terms


Bragg Gaming Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bragg Gaming 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.

Bragg Gaming Group EV-to-EBITDA Chart

Bragg Gaming Group Annual Data
Trend Jan16 Jan17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.55 9.73 8.38 6.69 3.27

Bragg Gaming Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.38 7.26 5.32 3.27 2.86

BRAG vs FLUT, DKNG, SGHC: EV-to-EBITDA Comparison

For the Gambling subindustry, Bragg Gaming 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.


Bragg Gaming Group EV-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bragg Gaming Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bragg Gaming Group's EV-to-EBITDA falls into.


BRAG
49GF Score
Bragg Gaming Group Inc BRAG
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bragg Gaming Group EV-to-EBITDA Calculation

Bragg Gaming Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=48.162/17.093
=2.82

Bragg Gaming Group's current Enterprise Value is $48.2 Mil.
Bragg Gaming Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.1 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 2.82 mean?
Bragg Gaming Group (BRAG) has a EV-to-EBITDA of 2.82 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bragg Gaming Group. According to the industry distribution chart, Bragg Gaming Group ranks #53 out of 691 companies in the Travel & Leisure industry, placing it in the top 7.7%.
Is Bragg Gaming Group's EV-to-EBITDA too high?
Bragg Gaming Group's current EV-to-EBITDA is 2.82. The Travel & Leisure industry median EV-to-EBITDA is 9.71. Bragg Gaming Group's value of 2.82 is 71% below this industry median. Based on the distribution chart, Bragg Gaming Group ranks #53 out of 691 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Bragg Gaming Group has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bragg Gaming Group's EV-to-EBITDA compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Bragg Gaming Group ranks #53 out of 691 companies for EV-to-EBITDA. This places Bragg Gaming Group in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.71. Bragg Gaming Group's value of 2.82 is 71% below this benchmark. 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 Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.71, based on 691 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. Bragg Gaming Group's current EV-to-EBITDA of 2.82 is 71% 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 Bragg Gaming Group. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bragg Gaming Group's current EV-to-EBITDA is 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bragg Gaming Group stock overvalued right now?
Based on GuruFocus' analysis, Bragg Gaming Group (BRAG) is currently considered Possible Value Trap. The stock's GF Value™ is $4.57, compared to a current price of $1.69 — trading 63% below its estimated fair value. The current EV-to-EBITDA is 2.82 and 71% below the Travel & Leisure industry median of 9.71. Bragg Gaming Group's overall GF Score™ is 49/100 with 1 warning sign 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 Bragg Gaming Group (BRAG), the current EV-to-EBITDA is 2.82 as of Jul. 22, 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 Bragg Gaming Group (BRAG) Overvalued in 2026?

Based on GuruFocus' analysis, Bragg Gaming Group stock appears to be undervalued. The current stock price of $1.69 is trading 63% below its estimated GF Value™ of $4.57. GuruFocus considers Bragg Gaming Group to be Possible Value Trap.

Key valuation signals for BRAG:

  • EV-to-EBITDA: 2.82
  • GF Value™: $4.57 vs. price of $1.69 (63% below fair value)
  • GF Score™: 49/100 with 1 warning sign
  • Industry Position: 71% below the Travel & Leisure median (#53 of 691)

No single metric tells the full story. See the BRAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bragg Gaming Group Business Description

Other Exchanges SL4:GermanyBRAG:Canada
Address 130 King Street West, Suite 1955, Exchange Tower, Toronto, ON, CAN, M5X 1E3
Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from Malta, and the rest from Netherlands, Curacao, the United States, Croatia, Marshall Islands, Brazil, Isle of Man, Belgium, Czech Republic, and other regions.
49GF Score

Get the complete analysis for BRAG

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.69
Price
$4.57
GF Value