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Note ABCHIX:NOTES 95 EV-to-EBITDA is 11.43 as of Jul. 25, 2026, which is 23% above its 10-year median of 9.29. GuruFocus rates CHIX:NOTES with a GF Score™ of 95/100 and a GF Value™ of kr164.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,896 Hardware companies, Note AB ranks better than 59.7% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Note AB's enterprise value is kr5,797 Mil.
Note AB's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was kr507 Mil. Therefore, Note AB's EV-to-EBITDA for today is 11.43.
The historical rank and industry rank for Note AB's EV-to-EBITDA or its related term are showing as below:
CHIX:NOTEs'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.04 Med: 9.29 Max: 25.29
Current: 11.43
During the past 13 years, the highest EV-to-EBITDA of Note AB was 25.29. The lowest was 5.04. And the median was 9.29.
CHIX:NOTEs's EV-to-EBITDA is ranked better than 59.7% of 1896
companies
in the Hardware industry
Industry Median: 15.07
vs CHIX:NOTEs: 11.43
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 (2026-07-25), Note AB's stock price is kr145.10.
Note AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr8.740. Therefore, Note AB's PE Ratio (TTM) for today is 16.60.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Note AB (CHIX:NOTEs) 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.
Note AB's share price for today is kr145.10.
Note AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr8.740.
* 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 Note AB'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.
For the Electronic Components subindustry, Note AB'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.
Note AB EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Note AB's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Note AB's EV-to-EBITDA falls into.
Note AB's current Enterprise Value is kr5,797 Mil.
Note AB's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr507 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.
Note AB (CHIX:NOTES) has a EV-to-EBITDA of 11.43 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Note AB. This is 23% above median its historical median of 9.29. Over the past decade, Note AB's EV-to-EBITDA has ranged from 5.04 to 25.29. According to the industry distribution chart, Note AB ranks #764 out of 1896 companies in the Hardware industry, placing it in the top 40.3%.
Is Note AB's EV-to-EBITDA too high?
Note AB's current EV-to-EBITDA of 11.43 is 23% above median its 10-year median of 9.29. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 25.29. The Hardware industry median EV-to-EBITDA is 15.07. Note AB's value of 11.43 is 24.2% below this industry median. Based on the distribution chart, Note AB ranks #764 out of 1896 companies in the Hardware industry, which is above the industry midpoint. Overall, Note AB has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Note AB's EV-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Note AB ranks #764 out of 1896 companies for EV-to-EBITDA. This puts Note AB in the upper half of its industry. The industry median EV-to-EBITDA is 15.07. Note AB's value of 11.43 is 24.2% below this benchmark. Historically, Note AB's own EV-to-EBITDA has ranged from 5.04 to 25.29 over the past decade. While the company's 10-year median is 9.29 vs. the industry median of 15.07, Note AB 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 Hardware company?
The median EV-to-EBITDA among Hardware companies is 15.07, based on 1,896 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. Note AB's current EV-to-EBITDA of 11.43 is 24.2% 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 Note AB. For the Hardware industry, the median EV-to-EBITDA is 15.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Note AB's current EV-to-EBITDA is 11.43, which is 23% above median its own 10-year median of 9.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note AB stock overvalued right now?
Based on GuruFocus' analysis, Note AB (CHIX:NOTES) is currently considered Modestly Undervalued. The stock's GF Value™ is kr164.31, compared to a current price of kr145.10 — trading 11.7% below its estimated fair value. The current EV-to-EBITDA is 11.43, which is 23% above median its 10-year median of 9.29 and 24.2% below the Hardware industry median of 15.07. Note AB's overall GF Score™ is 95/100 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 Note AB (CHIX:NOTES), the current EV-to-EBITDA is 11.43 as of Jul. 25, 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 Note AB (CHIX:NOTES) Overvalued in 2026?
Based on GuruFocus' analysis, Note AB stock appears to be undervalued.
The current stock price of kr145.10 is trading 11.7% below its estimated GF Value™ of kr164.31.
GuruFocus considers Note AB to be Modestly Undervalued.
Key valuation signals for CHIX:NOTES:
EV-to-EBITDA: 11.43 (23% above median its 10-year median of 9.29)
GF Value™: kr164.31 vs. price of kr145.10 (11.7% below fair value)
Industry Position: 24.2% below the Hardware median (#764 of 1896)
No single metric tells the full story. See the CHIX:NOTES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.
95GF Score
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