Merus Power Oyj (FRA:99H) EV-to-EBITDA: 24.02 (As of Aug. 24, 2026) — 56% Below Median

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FRA:99H Merus Power Oyj FRA:99H
75 GF Score
Price €4.96
GF Value €9.09
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Merus Power Oyj EV-to-EBITDA?

Merus Power Oyj FRA:99H +2.27% 75 EV-to-EBITDA is 24.02 as of Aug. 24, 2026, which is 56% below its 10-year median of 54.45. GuruFocus rates FRA:99H with a GF Score™ of 75/100 and a GF Value™ of €9.09 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,489 Industrial Products companies, Merus Power Oyj ranks worse than 64.81% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Merus Power Oyj's enterprise value is €44.78 Mil. Merus Power Oyj's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1.86 Mil. Therefore, Merus Power Oyj's EV-to-EBITDA for today is 24.02.

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

FRA:99H' s EV-to-EBITDA Range Over the Past 10 Years
Min: -61.18   Med: 54.45   Max: 1912.05
Current: 24.02

During the past 8 years, the highest EV-to-EBITDA of Merus Power Oyj was 1912.05. The lowest was -61.18. And the median was 54.45.

FRA:99H's EV-to-EBITDA is ranked worse than
64.81% of 2489 companies
in the Industrial Products industry
Industry Median: 15.54 vs FRA:99H: 24.02

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 (2026-08-24), Merus Power Oyj's stock price is €4.96. Merus Power Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.130. Therefore, Merus Power Oyj'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).


Merus Power Oyj  (FRA:99H) 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.

Merus Power Oyj's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.96/-0.130
=At Loss

Merus Power Oyj's share price for today is €4.96.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merus Power Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.130.

* 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?


Merus Power Oyj EV-to-EBITDA Related Terms


Merus Power Oyj EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj EV-to-EBITDA Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 72.17 55.97 146.76 -38.34 20.81

Merus Power Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 146.76 0.00 -38.34 0.00 20.81

FRA:99H vs GEV, ETN, PH: EV-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.


Merus Power Oyj EV-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Merus Power Oyj's EV-to-EBITDA falls into.


FRA:99H
75GF Score
Merus Power Oyj FRA:99H
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merus Power Oyj EV-to-EBITDA Calculation

Merus Power Oyj's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=44.782/1.864
=24.02

Merus Power Oyj's current Enterprise Value is €44.78 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merus Power Oyj's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1.86 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 24.02 mean?
Merus Power Oyj (FRA:99H) has a EV-to-EBITDA of 24.02 as of Aug. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Merus Power Oyj. This is 56% below median its historical median of 54.45. According to the industry distribution chart, Merus Power Oyj ranks #1613 out of 2489 companies in the Industrial Products industry, placing it in the top 64.8%.
Is Merus Power Oyj's EV-to-EBITDA too high?
Merus Power Oyj's current EV-to-EBITDA of 24.02 is 56% below median its 10-year median of 54.45. The Industrial Products industry median EV-to-EBITDA is 15.54. Merus Power Oyj's value of 24.02 is 54.6% above this industry median. Based on the distribution chart, Merus Power Oyj ranks #1613 out of 2489 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Merus Power Oyj has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merus Power Oyj's EV-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Merus Power Oyj ranks #1613 out of 2489 companies for EV-to-EBITDA. This places Merus Power Oyj in the lower half of its industry. The industry median EV-to-EBITDA is 15.54. Merus Power Oyj's value of 24.02 is 54.6% above this benchmark. While the company's 10-year median is 54.45 vs. the industry median of 15.54, Merus Power Oyj 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 Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.54, based on 2,489 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. Merus Power Oyj's current EV-to-EBITDA of 24.02 is 54.6% 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 Merus Power Oyj. For the Industrial Products industry, the median EV-to-EBITDA is 15.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merus Power Oyj's current EV-to-EBITDA is 24.02, which is 56% below median its own 10-year median of 54.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merus Power Oyj stock overvalued right now?
Based on GuruFocus' analysis, Merus Power Oyj (FRA:99H) is currently considered Significantly Undervalued. The stock's GF Value™ is €9.09, compared to a current price of €4.96 — trading 45.4% below its estimated fair value. The current EV-to-EBITDA is 24.02, which is 56% below median its 10-year median of 54.45 and 54.6% above the Industrial Products industry median of 15.54. Merus Power Oyj's overall GF Score™ is 75/100 with 5 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 Merus Power Oyj (FRA:99H), the current EV-to-EBITDA is 24.02 as of Aug. 24, 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 Merus Power Oyj (FRA:99H) Overvalued in 2026?

Based on GuruFocus' analysis, Merus Power Oyj stock appears to be undervalued. The current stock price of €4.96 is trading 45.4% below its estimated GF Value™ of €9.09. GuruFocus considers Merus Power Oyj to be Significantly Undervalued.

Key valuation signals for FRA:99H:

  • EV-to-EBITDA: 24.02 (56% below median its 10-year median of 54.45)
  • GF Value™: €9.09 vs. price of €4.96 (45.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 54.6% above the Industrial Products median (#1613 of 2489)

No single metric tells the full story. See the FRA:99H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merus Power Oyj Business Description

Other Exchanges MERUS:Finland
Address Pallotie 2, Ylojarvi, FIN, 33470
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic electricity storage, power quality solutions and services. Its business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's business operations have been divided into two technological areas: Energy storage solutions and Energy quality solutions.
75GF Score

Get the complete analysis for FRA:99H

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

€4.96
Price
€9.09
GF Value