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.
KalrayFRA:3FS -1.59%53 EV-to-EBITDA is 27.81 as of Jul. 18, 2026. GuruFocus rates FRA:3FS with a GF Score™ of 53/100 and a GF Value™ of €3.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 748 Semiconductors companies, Kalray ranks worse than 52.94% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Kalray's enterprise value is €115.21 Mil.
Kalray's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €4.14 Mil. Therefore, Kalray's EV-to-EBITDA for today is 27.81.
The historical rank and industry rank for Kalray's EV-to-EBITDA or its related term are showing as below:
FRA:3FS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -205.58 Med: -16.51 Max: 41.49
Current: 27.81
During the past 11 years, the highest EV-to-EBITDA of Kalray was 41.49. The lowest was -205.58. And the median was -16.51.
FRA:3FS's EV-to-EBITDA is ranked worse than 52.94% of 748
companies
in the Semiconductors industry
Industry Median: 26.69
vs FRA:3FS: 27.81
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 (2026-07-18), Kalray's stock price is €8.07.
Kalray's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.370. Therefore, Kalray's PE Ratio (TTM) for today is At Loss.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Kalray (FRA:3FS) 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.
Kalray's share price for today is €8.07.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kalray's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.370.
* 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 Kalray'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.
FRA:3FS vs NVDA, AVGO, MU: EV-to-EBITDA Comparison
For the Semiconductors subindustry, Kalray'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.
Kalray EV-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Kalray's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Kalray's EV-to-EBITDA falls into.
Kalray's current Enterprise Value is €115.21 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kalray's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €4.14 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.
Kalray (FRA:3FS) has a EV-to-EBITDA of 27.81 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Kalray. According to the industry distribution chart, Kalray ranks #396 out of 748 companies in the Semiconductors industry, placing it in the top 52.9%.
Is Kalray's EV-to-EBITDA too high?
Kalray's current EV-to-EBITDA is 27.81. The Semiconductors industry median EV-to-EBITDA is 26.69. Kalray's value of 27.81 is 4.2% above this industry median. Based on the distribution chart, Kalray ranks #396 out of 748 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Kalray has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kalray's EV-to-EBITDA compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Kalray ranks #396 out of 748 companies for EV-to-EBITDA. This places Kalray in the lower half of its industry. The industry median EV-to-EBITDA is 26.69. Kalray's value of 27.81 is 4.2% above this benchmark. 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 Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 26.69, based on 748 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. Kalray's current EV-to-EBITDA of 27.81 is 4.2% 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 Kalray. For the Semiconductors industry, the median EV-to-EBITDA is 26.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalray's current EV-to-EBITDA is 27.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalray stock overvalued right now?
Based on GuruFocus' analysis, Kalray (FRA:3FS) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.40, compared to a current price of €8.07 — trading 137.4% above its estimated fair value. The current EV-to-EBITDA is 27.81 and 4.2% above the Semiconductors industry median of 26.69. Kalray's overall GF Score™ is 53/100 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 Kalray (FRA:3FS), the current EV-to-EBITDA is 27.81 as of Jul. 18, 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 Kalray (FRA:3FS) Overvalued in 2026?
Based on GuruFocus' analysis, Kalray stock appears to be overvalued.
The current stock price of €8.07 is trading 137.4% above its estimated GF Value™ of €3.40.
GuruFocus considers Kalray to be Significantly Overvalued.
Key valuation signals for FRA:3FS:
EV-to-EBITDA: 27.81
GF Value™: €3.40 vs. price of €8.07 (137.4% above fair value)
Industry Position: 4.2% above the Semiconductors median (#396 of 748)
No single metric tells the full story. See the FRA:3FS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kalray SA is engaged in developing large-scale core processor solutions that offer high performance, low power consumption and real-time processing. Its MPPA processor family, based on its patented supercomputing on a chip many-core technology, delivers differentiated solutions for server acceleration and data center optimization, as well as for critical embedded applications in aerospace, defense and automotive.
53GF Score
Get the complete analysis for FRA:3FS
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
FRA:3FS has been successfully added to your 
