TXNM Energy (FRA:98P) EV-to-EBITDA: 12.24 (As of Aug. 10, 2026) — Near Median

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FRA:98P TXNM Energy Inc FRA:98P
62 GF Score
Price €49.60
GF Value €39.94
! 9 Warning Signs
View Full Analysis

What is TXNM Energy EV-to-EBITDA?

TXNM Energy FRA:98P 62 EV-to-EBITDA is 12.24 as of Aug. 10, 2026, which is 1% above its 10-year median of 12.13. GuruFocus rates FRA:98P with a GF Score™ of 62/100 and a GF Value™ of €39.94. The stock has 9 warning signs investors should review. Among 466 Utilities - Regulated companies, TXNM Energy ranks worse than 64.59% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TXNM Energy's enterprise value is €10,345 Mil. TXNM Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €845 Mil. Therefore, TXNM Energy's EV-to-EBITDA for today is 12.24.

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

FRA:98P' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.05   Med: 12.13   Max: 20.75
Current: 12.12

During the past 13 years, the highest EV-to-EBITDA of TXNM Energy was 20.75. The lowest was 9.05. And the median was 12.13.

FRA:98P's EV-to-EBITDA is ranked worse than
64.59% of 466 companies
in the Utilities - Regulated industry
Industry Median: 9.84 vs FRA:98P: 12.12

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 (2026-08-10), TXNM Energy's stock price is €49.60. TXNM Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €1.493. Therefore, TXNM Energy's PE Ratio (TTM) for today is 33.22.

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


TXNM Energy  (FRA:98P) 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.

TXNM Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=49.60/1.493
=33.22

TXNM Energy's share price for today is €49.60.
TXNM Energy'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 €1.493.

* 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?


TXNM Energy EV-to-EBITDA Related Terms


TXNM Energy EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TXNM Energy'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.

TXNM Energy EV-to-EBITDA Chart

TXNM Energy 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 11.83 12.67 13.83 11.18 13.00

TXNM Energy 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 12.68 12.49 13.00 13.15 12.50

FRA:98P vs POR, IDA, NWE: EV-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, TXNM Energy'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.


TXNM Energy EV-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TXNM Energy's EV-to-EBITDA distribution charts can be found below:

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


FRA:98P
62GF Score
TXNM Energy Inc FRA:98P
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TXNM Energy EV-to-EBITDA Calculation

TXNM Energy's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=10344.728/845.092
=12.24

TXNM Energy's current Enterprise Value is €10,345 Mil.
TXNM Energy'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 €845 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 12.24 mean?
TXNM Energy (FRA:98P) has a EV-to-EBITDA of 12.24 as of Aug. 10, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on TXNM Energy. This is near median its historical median of 12.13. Over the past decade, TXNM Energy's EV-to-EBITDA has ranged from 9.05 to 20.75. According to the industry distribution chart, TXNM Energy ranks #301 out of 466 companies in the Utilities - Regulated industry, placing it in the top 64.6%.
Is TXNM Energy's EV-to-EBITDA too high?
TXNM Energy's current EV-to-EBITDA of 12.24 is near median its 10-year median of 12.13. Over the past 10 years, this metric has ranged from a low of 9.05 to a high of 20.75. The Utilities - Regulated industry median EV-to-EBITDA is 9.84. TXNM Energy's value of 12.24 is 24.4% above this industry median. Based on the distribution chart, TXNM Energy ranks #301 out of 466 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, TXNM Energy has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does TXNM Energy's EV-to-EBITDA compare to POR and IDA?
According to the Utilities - Regulated industry distribution chart, TXNM Energy ranks #301 out of 466 companies for EV-to-EBITDA. This places TXNM Energy in the lower half of its industry. The industry median EV-to-EBITDA is 9.84. TXNM Energy's value of 12.24 is 24.4% above this benchmark. Historically, TXNM Energy's own EV-to-EBITDA has ranged from 9.05 to 20.75 over the past decade. While the company's 10-year median is 12.13 vs. the industry median of 9.84, TXNM Energy 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 an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.84, based on 466 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. TXNM Energy's current EV-to-EBITDA of 12.24 is 24.4% 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 TXNM Energy. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TXNM Energy's current EV-to-EBITDA is 12.24, which is near median its own 10-year median of 12.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXNM Energy stock overvalued right now?
TXNM Energy (FRA:98P) has a current EV-to-EBITDA of 12.24. The stock's GF Value™ is €39.94, compared to a current price of €49.60 — trading 24.2% above its estimated fair value. The current EV-to-EBITDA is 12.24, which is near median its 10-year median of 12.13 and 24.4% above the Utilities - Regulated industry median of 9.84. TXNM Energy's overall GF Score™ is 62/100 with 9 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 TXNM Energy (FRA:98P), the current EV-to-EBITDA is 12.24 as of Aug. 10, 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 TXNM Energy (FRA:98P) Overvalued in 2026?

Based on GuruFocus' analysis, TXNM Energy stock appears to be overvalued. The current stock price of €49.60 is trading 24.2% above its estimated GF Value™ of €39.94.

Key valuation signals for FRA:98P:

  • EV-to-EBITDA: 12.24 (near median its 10-year median of 12.13)
  • GF Value™: €39.94 vs. price of €49.60 (24.2% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 24.4% above the Utilities - Regulated median (#301 of 466)

No single metric tells the full story. See the FRA:98P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TXNM Energy Business Description

Other Exchanges TXNM:USA
Address 414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289
TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.
62GF Score

Get the complete analysis for FRA:98P

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

€49.60
Price
€39.94
GF Value