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Appear ASAFRA:69R -1.30%26 EV-to-EBITDA is 14.45 as of Sep. 01, 2026, which is 4% above its 10-year median of 13.84. GuruFocus rates FRA:69R with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 1,910 Hardware companies, Appear ASA ranks better than 50.05% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Appear ASA's enterprise value is €124.82 Mil.
Appear ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €8.64 Mil. Therefore, Appear ASA's EV-to-EBITDA for today is 14.45.
The historical rank and industry rank for Appear ASA's EV-to-EBITDA or its related term are showing as below:
FRA:69R'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.42 Med: 13.84 Max: 20.24
Current: 13.95
During the past 5 years, the highest EV-to-EBITDA of Appear ASA was 20.24. The lowest was 7.42. And the median was 13.84.
FRA:69R's EV-to-EBITDA is ranked better than 50.05% of 1910
companies
in the Hardware industry
Industry Median: 13.97
vs FRA:69R: 13.95
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.
Appear ASA's share price for today is €3.79.
Appear ASA'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 €0.135.
* 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 Appear ASA'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:69R vs DELL, ANET, SNDK: EV-to-EBITDA Comparison
For the Computer Hardware subindustry, Appear ASA'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.
Appear ASA EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Appear ASA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Appear ASA's EV-to-EBITDA falls into.
Appear ASA's current Enterprise Value is €124.82 Mil.
Appear ASA'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 €8.64 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.
Appear ASA (FRA:69R) has a EV-to-EBITDA of 14.45 as of Sep. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Appear ASA. This is near median its historical median of 13.84. Over the past decade, Appear ASA's EV-to-EBITDA has ranged from 7.42 to 20.24. According to the industry distribution chart, Appear ASA ranks #954 out of 1910 companies in the Hardware industry, placing it in the top 49.9%.
Is Appear ASA's EV-to-EBITDA too high?
Appear ASA's current EV-to-EBITDA of 14.45 is near median its 10-year median of 13.84. Over the past 10 years, this metric has ranged from a low of 7.42 to a high of 20.24. The Hardware industry median EV-to-EBITDA is 13.97. Appear ASA's value of 14.45 is 3.4% above this industry median. Based on the distribution chart, Appear ASA ranks #954 out of 1910 companies in the Hardware industry, which is above the industry midpoint. Overall, Appear ASA has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Appear ASA's EV-to-EBITDA compare to DELL and ANET?
According to the Hardware industry distribution chart, Appear ASA ranks #954 out of 1910 companies for EV-to-EBITDA. This puts Appear ASA in the upper half of its industry. The industry median EV-to-EBITDA is 13.97. Appear ASA's value of 14.45 is 3.4% above this benchmark. Historically, Appear ASA's own EV-to-EBITDA has ranged from 7.42 to 20.24 over the past decade. While the company's 10-year median is 13.84 vs. the industry median of 13.97, Appear ASA 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 Hardware company?
The median EV-to-EBITDA among Hardware companies is 13.97, based on 1,910 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. Appear ASA's current EV-to-EBITDA of 14.45 is 3.4% 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 Appear ASA. For the Hardware industry, the median EV-to-EBITDA is 13.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appear ASA's current EV-to-EBITDA is 14.45, which is near median its own 10-year median of 13.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appear ASA stock overvalued right now?
Appear ASA (FRA:69R) has a current EV-to-EBITDA of 14.45. The current EV-to-EBITDA is 14.45, which is near median its 10-year median of 13.84 and 3.4% above the Hardware industry median of 13.97. Appear ASA's overall GF Score™ is 26/100 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 Appear ASA (FRA:69R), the current EV-to-EBITDA is 14.45 as of Sep. 01, 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.
Appear ASA, along with its subsidiaries, provides high-capacity, sustainable solutions for live-production and broadcast distribution technology to media, entertainment and sports clients. The company provides live video transport solutions that operate over satellite, dedicated fiber, and public internet infrastructure. Its offerings support a range of live event scenarios across media, entertainment, and sports industries, adapting to the varying requirements of these sectors. The company derives revenue from: Sales of media processing and delivery platforms, sales of software and licenses, and Sales of support and consulting services, majority being generated from the sales of media processing and delivery platforms. The Company has three geographic areas for Sales EMEA, APAC, and AM.
26GF Score
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