AF Gruppen ASA (FRA:AF8) EV-to-EBITDA: 9.42 (As of Aug. 12, 2026) — Near Median

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FRA:AF8 AF Gruppen ASA FRA:AF8
73 GF Score
Price €16.70
GF Value €13.90
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is AF Gruppen ASA EV-to-EBITDA?

AF Gruppen ASA FRA:AF8 +0.24% 73 EV-to-EBITDA is 9.42 as of Aug. 12, 2026, which is 7% below its 10-year median of 10.17. GuruFocus rates FRA:AF8 with a GF Score™ of 73/100 and a GF Value™ of €13.90 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,482 Construction companies, AF Gruppen ASA ranks better than 50.47% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, AF Gruppen ASA's enterprise value is €1,903 Mil. AF Gruppen ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €202 Mil. Therefore, AF Gruppen ASA's EV-to-EBITDA for today is 9.42.

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

FRA:AF8' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.62   Med: 10.17   Max: 14.21
Current: 8.92

During the past 13 years, the highest EV-to-EBITDA of AF Gruppen ASA was 14.21. The lowest was 7.62. And the median was 10.17.

FRA:AF8's EV-to-EBITDA is ranked better than
50.47% of 1482 companies
in the Construction industry
Industry Median: 9.005 vs FRA:AF8: 8.92

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 (2026-08-12), AF Gruppen ASA's stock price is €16.70. AF Gruppen ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.905. Therefore, AF Gruppen ASA's PE Ratio (TTM) for today is 18.45.

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


AF Gruppen ASA  (FRA:AF8) 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.

AF Gruppen ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=16.70/0.905
=18.45

AF Gruppen ASA's share price for today is €16.70.
AF Gruppen ASA'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 €0.905.

* 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?


AF Gruppen ASA EV-to-EBITDA Related Terms


AF Gruppen ASA EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for AF Gruppen 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.

AF Gruppen ASA EV-to-EBITDA Chart

AF Gruppen ASA 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 10.03 8.65 11.16 9.16 8.39

AF Gruppen ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.05 8.60 8.68 8.39 8.05

FRA:AF8 vs PWR, FIX, EME: EV-to-EBITDA Comparison

For the Engineering & Construction subindustry, AF Gruppen 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.


AF Gruppen ASA EV-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AF Gruppen ASA's EV-to-EBITDA falls into.


FRA:AF8
73GF Score
AF Gruppen ASA FRA:AF8
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AF Gruppen ASA EV-to-EBITDA Calculation

AF Gruppen ASA's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1903.162/202.015
=9.42

AF Gruppen ASA's current Enterprise Value is €1,903 Mil.
AF Gruppen ASA'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 €202 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 9.42 mean?
AF Gruppen ASA (FRA:AF8) has a EV-to-EBITDA of 9.42 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on AF Gruppen ASA. This is near median its historical median of 10.17. Over the past decade, AF Gruppen ASA's EV-to-EBITDA has ranged from 7.62 to 14.21. According to the industry distribution chart, AF Gruppen ASA ranks #734 out of 1482 companies in the Construction industry, placing it in the top 49.5%.
Is AF Gruppen ASA's EV-to-EBITDA too high?
AF Gruppen ASA's current EV-to-EBITDA of 9.42 is near median its 10-year median of 10.17. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 14.21. The Construction industry median EV-to-EBITDA is 9.01. AF Gruppen ASA's value of 9.42 is 4.6% above this industry median. Based on the distribution chart, AF Gruppen ASA ranks #734 out of 1482 companies in the Construction industry, which is above the industry midpoint. Overall, AF Gruppen ASA has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AF Gruppen ASA's EV-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, AF Gruppen ASA ranks #734 out of 1482 companies for EV-to-EBITDA. This puts AF Gruppen ASA in the upper half of its industry. The industry median EV-to-EBITDA is 9.01. AF Gruppen ASA's value of 9.42 is 4.6% above this benchmark. Historically, AF Gruppen ASA's own EV-to-EBITDA has ranged from 7.62 to 14.21 over the past decade. While the company's 10-year median is 10.17 vs. the industry median of 9.01, AF Gruppen 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 Construction company?
The median EV-to-EBITDA among Construction companies is 9.01, based on 1,482 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. AF Gruppen ASA's current EV-to-EBITDA of 9.42 is 4.6% 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 AF Gruppen ASA. For the Construction industry, the median EV-to-EBITDA is 9.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AF Gruppen ASA's current EV-to-EBITDA is 9.42, which is near median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Gruppen ASA stock overvalued right now?
Based on GuruFocus' analysis, AF Gruppen ASA (FRA:AF8) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.90, compared to a current price of €16.70 — trading 20.1% above its estimated fair value. The current EV-to-EBITDA is 9.42, which is near median its 10-year median of 10.17 and 4.6% above the Construction industry median of 9.01. AF Gruppen ASA's overall GF Score™ is 73/100 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 AF Gruppen ASA (FRA:AF8), the current EV-to-EBITDA is 9.42 as of Aug. 12, 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 AF Gruppen ASA (FRA:AF8) Overvalued in 2026?

Based on GuruFocus' analysis, AF Gruppen ASA stock appears to be overvalued. The current stock price of €16.70 is trading 20.1% above its estimated GF Value™ of €13.90. GuruFocus considers AF Gruppen ASA to be Modestly Overvalued.

Key valuation signals for FRA:AF8:

  • EV-to-EBITDA: 9.42 (near median its 10-year median of 10.17)
  • GF Value™: €13.90 vs. price of €16.70 (20.1% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 4.6% above the Construction median (#734 of 1482)

No single metric tells the full story. See the FRA:AF8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AF Gruppen ASA Business Description

Address Innspurten 15, P.O. box 6272, Oslo, NOR, 0603
AF Gruppen ASA A is one of Norway's contracting and industrial groups. The company provides services in areas of civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants.
73GF Score

Get the complete analysis for FRA:AF8

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

€16.70
Price
€13.90
GF Value