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.
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.
Man GroupCHIX:EMGL -1.14%84 EV-to-EBITDA is 12.82 as of Jul. 21, 2026, which is 96% above its 10-year median of 6.55. GuruFocus rates CHIX:EMGL with a GF Score™ of 84/100 and a GF Value™ of £2.38 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 511 Asset Management companies, Man Group ranks worse than 65.75% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Man Group's enterprise value is £3,363 Mil.
Man Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £262 Mil. Therefore, Man Group's EV-to-EBITDA for today is 12.82.
The historical rank and industry rank for Man Group's EV-to-EBITDA or its related term are showing as below:
CHIX:EMGl'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -31.59 Med: 6.55 Max: 15.4
Current: 12.82
During the past 13 years, the highest EV-to-EBITDA of Man Group was 15.40. The lowest was -31.59. And the median was 6.55.
CHIX:EMGl's EV-to-EBITDA is ranked worse than 65.75% of 511
companies
in the Asset Management industry
Industry Median: 8.74
vs CHIX:EMGl: 12.82
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Man Group (CHIX:EMGl) 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.
Man Group's share price for today is £2.956.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Man Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £0.111.
* 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 Man 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.
CHIX:EMGL vs BLK, BX, KKR: EV-to-EBITDA Comparison
For the Asset Management subindustry, Man 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.
Man Group EV-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Man Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Man Group's EV-to-EBITDA falls into.
Man Group's current Enterprise Value is £3,363 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Man Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £262 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.
Man Group (CHIX:EMGL) has a EV-to-EBITDA of 12.82 as of Jul. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Man Group. This is 96% above median its historical median of 6.55. According to the industry distribution chart, Man Group ranks #336 out of 511 companies in the Asset Management industry, placing it in the top 65.8%.
Is Man Group's EV-to-EBITDA too high?
Man Group's current EV-to-EBITDA of 12.82 is 96% above median its 10-year median of 6.55. The Asset Management industry median EV-to-EBITDA is 8.74. Man Group's value of 12.82 is 46.7% above this industry median. Based on the distribution chart, Man Group ranks #336 out of 511 companies in the Asset Management industry, which is below the industry midpoint. Overall, Man Group has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Group's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Man Group ranks #336 out of 511 companies for EV-to-EBITDA. This places Man Group in the lower half of its industry. The industry median EV-to-EBITDA is 8.74. Man Group's value of 12.82 is 46.7% above this benchmark. While the company's 10-year median is 6.55 vs. the industry median of 8.74, Man Group has consistently been above 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 an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.74, based on 511 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. Man Group's current EV-to-EBITDA of 12.82 is 46.7% above 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 Man Group. For the Asset Management industry, the median EV-to-EBITDA is 8.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Group's current EV-to-EBITDA is 12.82, which is 96% above median its own 10-year median of 6.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Group stock overvalued right now?
Based on GuruFocus' analysis, Man Group (CHIX:EMGL) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.38, compared to a current price of £2.96 — trading 24.2% above its estimated fair value. The current EV-to-EBITDA is 12.82, which is 96% above median its 10-year median of 6.55 and 46.7% above the Asset Management industry median of 8.74. Man Group's overall GF Score™ is 84/100 with 10 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 Man Group (CHIX:EMGL), the current EV-to-EBITDA is 12.82 as of Jul. 21, 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 Man Group (CHIX:EMGL) Overvalued in 2026?
Based on GuruFocus' analysis, Man Group stock appears to be overvalued.
The current stock price of £2.96 is trading 24.2% above its estimated GF Value™ of £2.38.
GuruFocus considers Man Group to be Modestly Overvalued.
Key valuation signals for CHIX:EMGL:
EV-to-EBITDA: 12.82 (96% above median its 10-year median of 6.55)
GF Value™: £2.38 vs. price of £2.96 (24.2% above fair value)
Industry Position: 46.7% above the Asset Management median (#336 of 511)
No single metric tells the full story. See the CHIX:EMGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Man Group PLC is an investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. It invests across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The company earns the majority of its revenue in the form of Management fee which is charged as a percentage of assets under management or net asset value, and a performance fee, which is charged as a percentage of investment performance above a benchmark return.
84GF Score
Get the complete analysis for CHIX:EMGL
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:EMGL has been successfully added to your 
