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Bavarian Nordic ASCHIX:BAVAC 79 EV-to-EBITDA is 4.75 as of Jul. 27, 2026, which is 25% below its 10-year median of 6.35. GuruFocus rates CHIX:BAVAC with a GF Score™ of 79/100 and a GF Value™ of kr173.46. The stock has 2 warning signs investors should review. Among 404 Biotechnology companies, Bavarian Nordic AS ranks better than 65.1% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Bavarian Nordic AS's enterprise value is kr11,045 Mil.
Bavarian Nordic AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr2,327 Mil. Therefore, Bavarian Nordic AS's EV-to-EBITDA for today is 4.75.
The historical rank and industry rank for Bavarian Nordic AS's EV-to-EBITDA or its related term are showing as below:
CHIX:BAVAc'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -450.16 Med: 6.35 Max: 596.08
Current: 4.75
During the past 13 years, the highest EV-to-EBITDA of Bavarian Nordic AS was 596.08. The lowest was -450.16. And the median was 6.35.
CHIX:BAVAc's EV-to-EBITDA is ranked better than 65.1% of 404
companies
in the Biotechnology industry
Industry Median: 11.82
vs CHIX:BAVAc: 4.75
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).
Bavarian Nordic AS (CHIX:BAVAc) 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.
Bavarian Nordic AS's PE Ratio (TTM) for today is calculated as:
Bavarian Nordic AS's share price for today is kr188.30.
Bavarian Nordic AS'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 kr15.100.
* 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 Bavarian Nordic AS'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.
CHIX:BAVAC vs VRTX, REGN, RVMD: EV-to-EBITDA Comparison
For the Biotechnology subindustry, Bavarian Nordic AS'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.
Bavarian Nordic AS EV-to-EBITDA vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Bavarian Nordic AS's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bavarian Nordic AS's EV-to-EBITDA falls into.
Bavarian Nordic AS's current Enterprise Value is kr11,045 Mil.
Bavarian Nordic AS'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 kr2,327 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.
Bavarian Nordic AS (CHIX:BAVAC) has a EV-to-EBITDA of 4.75 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bavarian Nordic AS. This is 25% below median its historical median of 6.35. According to the industry distribution chart, Bavarian Nordic AS ranks #141 out of 404 companies in the Biotechnology industry, placing it in the top 34.9%.
Is Bavarian Nordic AS's EV-to-EBITDA too high?
Bavarian Nordic AS's current EV-to-EBITDA of 4.75 is 25% below median its 10-year median of 6.35. The Biotechnology industry median EV-to-EBITDA is 11.82. Bavarian Nordic AS's value of 4.75 is 59.8% below this industry median. Based on the distribution chart, Bavarian Nordic AS ranks #141 out of 404 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Bavarian Nordic AS has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Bavarian Nordic AS's EV-to-EBITDA compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Bavarian Nordic AS ranks #141 out of 404 companies for EV-to-EBITDA. This puts Bavarian Nordic AS in the upper half of its industry. The industry median EV-to-EBITDA is 11.82. Bavarian Nordic AS's value of 4.75 is 59.8% below this benchmark. While the company's 10-year median is 6.35 vs. the industry median of 11.82, Bavarian Nordic AS 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 Biotechnology company?
The median EV-to-EBITDA among Biotechnology companies is 11.82, based on 404 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. Bavarian Nordic AS's current EV-to-EBITDA of 4.75 is 59.8% 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 Bavarian Nordic AS. For the Biotechnology industry, the median EV-to-EBITDA is 11.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bavarian Nordic AS's current EV-to-EBITDA is 4.75, which is 25% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bavarian Nordic AS stock overvalued right now?
Bavarian Nordic AS (CHIX:BAVAC) has a current EV-to-EBITDA of 4.75. The stock's GF Value™ is kr173.46, compared to a current price of kr188.30 — trading 8.6% above its estimated fair value. The current EV-to-EBITDA is 4.75, which is 25% below median its 10-year median of 6.35 and 59.8% below the Biotechnology industry median of 11.82. Bavarian Nordic AS's overall GF Score™ is 79/100 with 2 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 Bavarian Nordic AS (CHIX:BAVAC), the current EV-to-EBITDA is 4.75 as of Jul. 27, 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 Bavarian Nordic AS (CHIX:BAVAC) Overvalued in 2026?
Based on GuruFocus' analysis, Bavarian Nordic AS stock appears to be overvalued.
The current stock price of kr188.30 is trading 8.6% above its estimated GF Value™ of kr173.46.
Key valuation signals for CHIX:BAVAC:
EV-to-EBITDA: 4.75 (25% below median its 10-year median of 6.35)
GF Value™: kr173.46 vs. price of kr188.30 (8.6% above fair value)
Industry Position: 59.8% below the Biotechnology median (#141 of 404)
No single metric tells the full story. See the CHIX:BAVAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bavarian Nordic AS is a biotechnology company focused on the research, development, manufacturing, and commercialization of life-saving vaccines. The group is a supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and has a portfolio of travel vaccines. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets. Its products include Encepur, Jynneos, Rabipur, Vaxchora, VIMKUNYA and Vivotif.
79GF Score
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