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AcerinoxFRA:ACE +2.56%75 EV-to-EBITDA is 33.59 as of Jul. 20, 2026, which is 159% above its 10-year median of 12.98. GuruFocus rates FRA:ACE with a GF Score™ of 75/100 and a GF Value™ of €5.01. The stock has 8 warning signs investors should review. Among 530 Steel companies, Acerinox ranks worse than 86.98% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Acerinox's enterprise value is €5,324 Mil.
Acerinox's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €158 Mil. Therefore, Acerinox's EV-to-EBITDA for today is 33.59.
The historical rank and industry rank for Acerinox's EV-to-EBITDA or its related term are showing as below:
FRA:ACE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.07 Med: 12.98 Max: 54.73
Current: 33.59
During the past 13 years, the highest EV-to-EBITDA of Acerinox was 54.73. The lowest was 6.07. And the median was 12.98.
FRA:ACE's EV-to-EBITDA is ranked worse than 86.98% of 530
companies
in the Steel industry
Industry Median: 9.855
vs FRA:ACE: 33.59
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Acerinox (FRA:ACE) 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.
Acerinox's share price for today is €8.00.
Acerinox's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.040.
* 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 Acerinox'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.
For the Steel subindustry, Acerinox'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.
Acerinox EV-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Acerinox's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Acerinox's EV-to-EBITDA falls into.
Acerinox's current Enterprise Value is €5,324 Mil.
Acerinox's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €158 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.
Acerinox (FRA:ACE) has a EV-to-EBITDA of 33.59 as of Jul. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Acerinox. This is 159% above median its historical median of 12.98. Over the past decade, Acerinox's EV-to-EBITDA has ranged from 6.07 to 54.73. According to the industry distribution chart, Acerinox ranks #461 out of 530 companies in the Steel industry, placing it in the top 87%.
Is Acerinox's EV-to-EBITDA too high?
Acerinox's current EV-to-EBITDA of 33.59 is 159% above median its 10-year median of 12.98. Over the past 10 years, this metric has ranged from a low of 6.07 to a high of 54.73. The Steel industry median EV-to-EBITDA is 9.86. Acerinox's value of 33.59 is 240.8% above this industry median. Based on the distribution chart, Acerinox ranks #461 out of 530 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Acerinox has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Acerinox's EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Acerinox ranks #461 out of 530 companies for EV-to-EBITDA. This places Acerinox in the lower half of its industry. The industry median EV-to-EBITDA is 9.86. Acerinox's value of 33.59 is 240.8% above this benchmark. Historically, Acerinox's own EV-to-EBITDA has ranged from 6.07 to 54.73 over the past decade. While the company's 10-year median is 12.98 vs. the industry median of 9.86, Acerinox 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 Steel company?
The median EV-to-EBITDA among Steel companies is 9.86, based on 530 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. Acerinox's current EV-to-EBITDA of 33.59 is 240.8% 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 Acerinox. For the Steel industry, the median EV-to-EBITDA is 9.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acerinox's current EV-to-EBITDA is 33.59, which is 159% above median its own 10-year median of 12.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acerinox stock overvalued right now?
Acerinox (FRA:ACE) has a current EV-to-EBITDA of 33.59. The stock's GF Value™ is €5.01, compared to a current price of €8.00 — trading 59.7% above its estimated fair value. The current EV-to-EBITDA is 33.59, which is 159% above median its 10-year median of 12.98 and 240.8% above the Steel industry median of 9.86. Acerinox's overall GF Score™ is 75/100 with 8 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 Acerinox (FRA:ACE), the current EV-to-EBITDA is 33.59 as of Jul. 20, 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 Acerinox (FRA:ACE) Overvalued in 2026?
Based on GuruFocus' analysis, Acerinox stock appears to be overvalued.
The current stock price of €8.00 is trading 59.7% above its estimated GF Value™ of €5.01.
Key valuation signals for FRA:ACE:
EV-to-EBITDA: 33.59 (159% above median its 10-year median of 12.98)
GF Value™: €5.01 vs. price of €8.00 (59.7% above fair value)
Industry Position: 240.8% above the Steel median (#461 of 530)
No single metric tells the full story. See the FRA:ACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically, the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
75GF Score
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