Linde Bangladesh (DHA:LINDEBD) EV-to-EBITDA: 18.37 (As of Aug. 22, 2026) — 12% Above Median

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.
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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.

DHA:LINDEBD Linde Bangladesh Ltd DHA:LINDEBD
73 GF Score
Price BDT701.80
GF Value BDT905.54
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Linde Bangladesh EV-to-EBITDA?

Linde Bangladesh DHA:LINDEBD -0.65% 73 EV-to-EBITDA is 18.37 as of Aug. 22, 2026, which is 12% above its 10-year median of 16.36. GuruFocus rates DHA:LINDEBD with a GF Score™ of 73/100 and a GF Value™ of BDT905.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,329 Chemicals companies, Linde Bangladesh ranks worse than 63.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Linde Bangladesh's enterprise value is BDT9,469 Mil. Linde Bangladesh's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was BDT515 Mil. Therefore, Linde Bangladesh's EV-to-EBITDA for today is 18.37.

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

DHA:LINDEBD' s EV-to-EBITDA Range Over the Past 10 Years
Min: -35.01   Med: 16.36   Max: 50.08
Current: 18.37

During the past 13 years, the highest EV-to-EBITDA of Linde Bangladesh was 50.08. The lowest was -35.01. And the median was 16.36.

DHA:LINDEBD's EV-to-EBITDA is ranked worse than
63.73% of 1329 companies
in the Chemicals industry
Industry Median: 12.65 vs DHA:LINDEBD: 18.37

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 (2026-08-22), Linde Bangladesh's stock price is BDT701.80. Linde Bangladesh's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was BDT23.057. Therefore, Linde Bangladesh's PE Ratio (TTM) for today is 30.44.

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


Linde Bangladesh  (DHA:LINDEBD) 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.

Linde Bangladesh's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=701.80/23.057
=30.44

Linde Bangladesh's share price for today is BDT701.80.
Linde Bangladesh'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 BDT23.057.

* 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?


Linde Bangladesh EV-to-EBITDA Related Terms


Linde Bangladesh EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Linde Bangladesh'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.

Linde Bangladesh EV-to-EBITDA Chart

Linde Bangladesh Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.36 15.40 43.72 1.81 19.55

Linde Bangladesh Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.64 1.51 19.55 21.20 18.77

DHA:LINDEBD vs LIN, SHW, ECL: EV-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Linde Bangladesh'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.


Linde Bangladesh EV-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde Bangladesh's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Linde Bangladesh's EV-to-EBITDA falls into.


DHA:LINDEBD
73GF Score
Linde Bangladesh Ltd DHA:LINDEBD
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linde Bangladesh EV-to-EBITDA Calculation

Linde Bangladesh's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=9469.487/515.471
=18.37

Linde Bangladesh's current Enterprise Value is BDT9,469 Mil.
Linde Bangladesh'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 BDT515 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 18.37 mean?
Linde Bangladesh (DHA:LINDEBD) has a EV-to-EBITDA of 18.37 as of Aug. 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 Linde Bangladesh. This is 12% above median its historical median of 16.36. According to the industry distribution chart, Linde Bangladesh ranks #847 out of 1329 companies in the Chemicals industry, placing it in the top 63.7%.
Is Linde Bangladesh's EV-to-EBITDA too high?
Linde Bangladesh's current EV-to-EBITDA of 18.37 is 12% above median its 10-year median of 16.36. The Chemicals industry median EV-to-EBITDA is 12.65. Linde Bangladesh's value of 18.37 is 45.2% above this industry median. Based on the distribution chart, Linde Bangladesh ranks #847 out of 1329 companies in the Chemicals industry, which is below the industry midpoint. Overall, Linde Bangladesh has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linde Bangladesh's EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde Bangladesh ranks #847 out of 1329 companies for EV-to-EBITDA. This places Linde Bangladesh in the lower half of its industry. The industry median EV-to-EBITDA is 12.65. Linde Bangladesh's value of 18.37 is 45.2% above this benchmark. While the company's 10-year median is 16.36 vs. the industry median of 12.65, Linde Bangladesh 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 a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 12.65, based on 1,329 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. Linde Bangladesh's current EV-to-EBITDA of 18.37 is 45.2% 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 Linde Bangladesh. For the Chemicals industry, the median EV-to-EBITDA is 12.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde Bangladesh's current EV-to-EBITDA is 18.37, which is 12% above median its own 10-year median of 16.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Linde Bangladesh (DHA:LINDEBD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT905.54, compared to a current price of BDT701.80 — trading 22.5% below its estimated fair value. The current EV-to-EBITDA is 18.37, which is 12% above median its 10-year median of 16.36 and 45.2% above the Chemicals industry median of 12.65. Linde Bangladesh's overall GF Score™ is 73/100 with 3 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 Linde Bangladesh (DHA:LINDEBD), the current EV-to-EBITDA is 18.37 as of Aug. 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 Linde Bangladesh (DHA:LINDEBD) Overvalued in 2026?

Based on GuruFocus' analysis, Linde Bangladesh stock appears to be undervalued. The current stock price of BDT701.80 is trading 22.5% below its estimated GF Value™ of BDT905.54. GuruFocus considers Linde Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:LINDEBD:

  • EV-to-EBITDA: 18.37 (12% above median its 10-year median of 16.36)
  • GF Value™: BDT905.54 vs. price of BDT701.80 (22.5% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 45.2% above the Chemicals median (#847 of 1329)

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


Linde Bangladesh Business Description

Address 285 Tejgaon Industrial Area, Dhaka, BGD, 1208
Linde Bangladesh Ltd is a multinational industrial and medical gases company. The company provides products and services within a specific economic environment and supplies customers across a wide spectrum of industries ranging from chemicals and petrochemicals to steel. It operates 2 Air Separation Units (ASUs), 2 carbon dioxide manufacturing plants, and a DA manufacturing plant in the country. It serves various end markets such as chemicals and energy, food, beverage, electronics, healthcare, manufacturing, metals, defense, infrastructure, aerospace, and institutions. Its segments include Bulk Gases; Packaged Gas and Products; and the Healthcare business, which generates maximum revenue and comprises various medical gases, medical equipment, and medical pipelines.
73GF Score

Get the complete analysis for DHA:LINDEBD

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

BDT701.80
Price
BDT905.54
GF Value