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Tradeweb MarketsFRA:4T0 +2.52%87 EV-to-EBITDA is 13.75 as of Aug. 23, 2026, which is 47% below its 10-year median of 26.16. GuruFocus rates FRA:4T0 with a GF Score™ of 87/100 and a GF Value™ of €140.18. The stock has 1 warning sign investors should review. Among 503 Capital Markets companies, Tradeweb Markets ranks worse than 65.41% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tradeweb Markets's enterprise value is €18,291 Mil.
Tradeweb Markets's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €1,330 Mil. Therefore, Tradeweb Markets's EV-to-EBITDA for today is 13.75.
The historical rank and industry rank for Tradeweb Markets's EV-to-EBITDA or its related term are showing as below:
FRA:4T0'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.51 Med: 26.16 Max: 39.47
Current: 13.81
During the past 10 years, the highest EV-to-EBITDA of Tradeweb Markets was 39.47. The lowest was 12.51. And the median was 26.16.
FRA:4T0's EV-to-EBITDA is ranked worse than 65.41% of 503
companies
in the Capital Markets industry
Industry Median: 8.96
vs FRA:4T0: 13.81
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.
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.
Tradeweb Markets's PE Ratio (TTM) for today is calculated as:
Tradeweb Markets's share price for today is €89.42.
Tradeweb Markets'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 €3.591.
* 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 Tradeweb Markets'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:4T0 vs LPLA, CRCL, FUTU: EV-to-EBITDA Comparison
For the Capital Markets subindustry, Tradeweb Markets'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.
Tradeweb Markets EV-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tradeweb Markets's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tradeweb Markets's EV-to-EBITDA falls into.
Tradeweb Markets's current Enterprise Value is €18,291 Mil.
Tradeweb Markets'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 €1,330 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.
Tradeweb Markets (FRA:4T0) has a EV-to-EBITDA of 13.75 as of Aug. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tradeweb Markets. This is 47% below median its historical median of 26.16. Over the past decade, Tradeweb Markets' EV-to-EBITDA has ranged from 12.51 to 39.47. According to the industry distribution chart, Tradeweb Markets ranks #329 out of 503 companies in the Capital Markets industry, placing it in the top 65.4%.
Is Tradeweb Markets' EV-to-EBITDA too high?
Tradeweb Markets' current EV-to-EBITDA of 13.75 is 47% below median its 10-year median of 26.16. Over the past 10 years, this metric has ranged from a low of 12.51 to a high of 39.47. The Capital Markets industry median EV-to-EBITDA is 8.96. Tradeweb Markets' value of 13.75 is 53.5% above this industry median. Based on the distribution chart, Tradeweb Markets ranks #329 out of 503 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Tradeweb Markets has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Tradeweb Markets' EV-to-EBITDA compare to LPLA and CRCL?
According to the Capital Markets industry distribution chart, Tradeweb Markets ranks #329 out of 503 companies for EV-to-EBITDA. This places Tradeweb Markets in the lower half of its industry. The industry median EV-to-EBITDA is 8.96. Tradeweb Markets' value of 13.75 is 53.5% above this benchmark. Historically, Tradeweb Markets' own EV-to-EBITDA has ranged from 12.51 to 39.47 over the past decade. While the company's 10-year median is 26.16 vs. the industry median of 8.96, Tradeweb Markets 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 Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 8.96, based on 503 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. Tradeweb Markets's current EV-to-EBITDA of 13.75 is 53.5% 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 Tradeweb Markets. For the Capital Markets industry, the median EV-to-EBITDA is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradeweb Markets's current EV-to-EBITDA is 13.75, which is 47% below median its own 10-year median of 26.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradeweb Markets stock overvalued right now?
Tradeweb Markets (FRA:4T0) has a current EV-to-EBITDA of 13.75. The stock's GF Value™ is €140.18, compared to a current price of €89.42 — trading 36.2% below its estimated fair value. The current EV-to-EBITDA is 13.75, which is 47% below median its 10-year median of 26.16 and 53.5% above the Capital Markets industry median of 8.96. Tradeweb Markets' overall GF Score™ is 87/100 with 1 warning sign 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 Tradeweb Markets (FRA:4T0), the current EV-to-EBITDA is 13.75 as of Aug. 23, 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 Tradeweb Markets (FRA:4T0) Overvalued in 2026?
Based on GuruFocus' analysis, Tradeweb Markets stock appears to be undervalued.
The current stock price of €89.42 is trading 36.2% below its estimated GF Value™ of €140.18.
Key valuation signals for FRA:4T0:
EV-to-EBITDA: 13.75 (47% below median its 10-year median of 26.16)
GF Value™: €140.18 vs. price of €89.42 (36.2% below fair value)
Industry Position: 53.5% above the Capital Markets median (#329 of 503)
No single metric tells the full story. See the FRA:4T0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
87GF Score
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