21Shares AG (BSP:AADA39) EV-to-EBITDA: (As of Sep. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:AADA39 21Shares AG BSP:AADA39
2 GF Score
Price R$19.96
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What is 21Shares AG EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 21Shares AG's enterprise value is R$0.00 Mil. 21Shares AG does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate 21Shares AG's EV-to-EBITDA at this moment.

The historical rank and industry rank for 21Shares AG's EV-to-EBITDA or its related term are showing as below:

BSP:AADA39's EV-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 8.46
* Ranked among companies with meaningful EV-to-EBITDA only.

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 (2026-09-12), 21Shares AG's stock price is R$19.96. 21Shares AG does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate 21Shares AG's PE Ratio (TTM) at this moment.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


21Shares AG  (BSP:AADA39) 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.

21Shares AG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=19.96/
=

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?


21Shares AG EV-to-EBITDA Related Terms


21Shares AG EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for 21Shares AG'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.

21Shares AG EV-to-EBITDA Chart

21Shares AG Annual Data
Trend
EV-to-EBITDA

21Shares AG Semi-Annual Data
EV-to-EBITDA

BSP:AADA39 vs : EV-to-EBITDA Comparison

For the Capital Markets subindustry, 21Shares AG'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.


21Shares AG EV-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, 21Shares AG's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 21Shares AG's EV-to-EBITDA falls into.


BSP:AADA39
2GF Score
21Shares AG BSP:AADA39
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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21Shares AG EV-to-EBITDA Calculation

21Shares AG's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=0.000/
=


21Shares AG Business Description

Comparable Companies
Address Dammstrasse 19, Zug, CHE, 6300
21Shares AG takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products. It aims to provide all investors with an easy, secure, and regulated way to buy, sell, and short cryptocurrency through existing bank and brokerage accounts.
2GF Score

Get the complete analysis for BSP:AADA39

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

R$19.96
Price