Adtran Holdings (FRA:ATN) EV-to-EBITDA: 10.53 (As of Aug. 12, 2026) — 27% Below Median

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FRA:ATN Adtran Holdings Inc FRA:ATN
59 GF Score
Price €6.74
GF Value €8.06
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Adtran Holdings EV-to-EBITDA?

Adtran Holdings FRA:ATN +1.84% 59 EV-to-EBITDA is 10.53 as of Aug. 12, 2026, which is 27% below its 10-year median of 14.45. GuruFocus rates FRA:ATN with a GF Score™ of 59/100 and a GF Value™ of €8.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,891 Hardware companies, Adtran Holdings ranks better than 63.35% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Adtran Holdings's enterprise value is €966.5 Mil. Adtran Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €91.8 Mil. Therefore, Adtran Holdings's EV-to-EBITDA for today is 10.53.

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

FRA:ATN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -2879.08   Med: 14.45   Max: 70722.86
Current: 10.45

During the past 13 years, the highest EV-to-EBITDA of Adtran Holdings was 70722.86. The lowest was -2879.08. And the median was 14.45.

FRA:ATN's EV-to-EBITDA is ranked better than
63.35% of 1891 companies
in the Hardware industry
Industry Median: 15.42 vs FRA:ATN: 10.45

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), Adtran Holdings's stock price is €6.736. Adtran Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.241. Therefore, Adtran Holdings'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).


Adtran Holdings  (FRA:ATN) 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.

Adtran Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.736/-0.241
=At Loss

Adtran Holdings's share price for today is €6.736.
Adtran Holdings'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 €-0.241.

* 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?


Adtran Holdings EV-to-EBITDA Related Terms


Adtran Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Adtran Holdings'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.

Adtran Holdings EV-to-EBITDA Chart

Adtran Holdings 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 108.67 67,687.05 -11.12 -3.70 14.66

Adtran Holdings 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 37.09 22.72 14.66 15.72 15.06

FRA:ATN vs GILT, FEIM, NTGR: EV-to-EBITDA Comparison

For the Communication Equipment subindustry, Adtran Holdings'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.


Adtran Holdings EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Adtran Holdings's EV-to-EBITDA distribution charts can be found below:

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


FRA:ATN
59GF Score
Adtran Holdings Inc FRA:ATN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adtran Holdings EV-to-EBITDA Calculation

Adtran Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=966.480/91.817
=10.53

Adtran Holdings's current Enterprise Value is €966.5 Mil.
Adtran Holdings'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 €91.8 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 10.53 mean?
Adtran Holdings (FRA:ATN) has a EV-to-EBITDA of 10.53 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 Adtran Holdings. This is 27% below median its historical median of 14.45. According to the industry distribution chart, Adtran Holdings ranks #693 out of 1891 companies in the Hardware industry, placing it in the top 36.6%.
Is Adtran Holdings' EV-to-EBITDA too high?
Adtran Holdings' current EV-to-EBITDA of 10.53 is 27% below median its 10-year median of 14.45. The Hardware industry median EV-to-EBITDA is 15.42. Adtran Holdings' value of 10.53 is 31.7% below this industry median. Based on the distribution chart, Adtran Holdings ranks #693 out of 1891 companies in the Hardware industry, which is above the industry midpoint. Overall, Adtran Holdings has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adtran Holdings' EV-to-EBITDA compare to GILT and FEIM?
According to the Hardware industry distribution chart, Adtran Holdings ranks #693 out of 1891 companies for EV-to-EBITDA. This puts Adtran Holdings in the upper half of its industry. The industry median EV-to-EBITDA is 15.42. Adtran Holdings' value of 10.53 is 31.7% below this benchmark. While the company's 10-year median is 14.45 vs. the industry median of 15.42, Adtran Holdings has consistently been below 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 15.42, based on 1,891 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. Adtran Holdings's current EV-to-EBITDA of 10.53 is 31.7% below 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 Adtran Holdings. For the Hardware industry, the median EV-to-EBITDA is 15.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adtran Holdings's current EV-to-EBITDA is 10.53, which is 27% below median its own 10-year median of 14.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adtran Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adtran Holdings (FRA:ATN) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.06, compared to a current price of €6.74 — trading 16.4% below its estimated fair value. The current EV-to-EBITDA is 10.53, which is 27% below median its 10-year median of 14.45 and 31.7% below the Hardware industry median of 15.42. Adtran Holdings' overall GF Score™ is 59/100 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 Adtran Holdings (FRA:ATN), the current EV-to-EBITDA is 10.53 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 Adtran Holdings (FRA:ATN) Overvalued in 2026?

Based on GuruFocus' analysis, Adtran Holdings stock appears to be undervalued. The current stock price of €6.74 is trading 16.4% below its estimated GF Value™ of €8.06. GuruFocus considers Adtran Holdings to be Modestly Undervalued.

Key valuation signals for FRA:ATN:

  • EV-to-EBITDA: 10.53 (27% below median its 10-year median of 14.45)
  • GF Value™: €8.06 vs. price of €6.74 (16.4% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 31.7% below the Hardware median (#693 of 1891)

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


Adtran Holdings Business Description

Address 901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Holdings Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions segment, which includes hardware and software products that enable a digital future that supports the company's Subscriber, Access & Aggregation, and Optical Networking Solutions; and Services & Support segment, which includes network design, implementation, maintenance and cloud-hosted services supporting the company's Subscriber, Access & Aggregation, and Optical Networking Solutions. It generates the majority of its revenue from the Network Solutions segment.
59GF Score

Get the complete analysis for FRA:ATN

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

€6.74
Price
€8.06
GF Value