Diversified Royalty (FRA:BEW) EV-to-EBITDA: 22.11 (As of Aug. 15, 2026) — 37% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:BEW Diversified Royalty Corp FRA:BEW
85 GF Score
Price €2.47
GF Value €2.21
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Diversified Royalty EV-to-EBITDA?

Diversified Royalty FRA:BEW -10.18% 85 EV-to-EBITDA is 22.11 as of Aug. 15, 2026, which is 37% above its 10-year median of 16.12. GuruFocus rates FRA:BEW with a GF Score™ of 85/100 and a GF Value™ of €2.21 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 899 Business Services companies, Diversified Royalty ranks worse than 86.1% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Diversified Royalty's enterprise value is €872.88 Mil. Diversified Royalty's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €39.48 Mil. Therefore, Diversified Royalty's EV-to-EBITDA for today is 22.11.

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

FRA:BEW' s EV-to-EBITDA Range Over the Past 10 Years
Min: -656.07   Med: 16.12   Max: 65.94
Current: 22.05

During the past 13 years, the highest EV-to-EBITDA of Diversified Royalty was 65.94. The lowest was -656.07. And the median was 16.12.

FRA:BEW's EV-to-EBITDA is ranked worse than
86.1% of 899 companies
in the Business Services industry
Industry Median: 7.78 vs FRA:BEW: 22.05

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 (2026-08-15), Diversified Royalty's stock price is €2.47. Diversified Royalty's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.105. Therefore, Diversified Royalty's PE Ratio (TTM) for today is 23.52.

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


Diversified Royalty  (FRA:BEW) 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.

Diversified Royalty's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.47/0.105
=23.52

Diversified Royalty's share price for today is €2.47.
Diversified Royalty'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 €0.105.

* 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?


Diversified Royalty EV-to-EBITDA Related Terms


Diversified Royalty EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Diversified Royalty'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.

Diversified Royalty EV-to-EBITDA Chart

Diversified Royalty 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 12.30 18.40 11.77 13.16 13.37

Diversified Royalty 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 14.81 15.82 13.37 14.24 23.34

FRA:BEW vs CTAS, CPRT, GPN: EV-to-EBITDA Comparison

For the Specialty Business Services subindustry, Diversified Royalty'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.


Diversified Royalty EV-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Diversified Royalty's EV-to-EBITDA distribution charts can be found below:

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


FRA:BEW
85GF Score
Diversified Royalty Corp FRA:BEW
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diversified Royalty EV-to-EBITDA Calculation

Diversified Royalty's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=872.880/39.478
=22.11

Diversified Royalty's current Enterprise Value is €872.88 Mil.
Diversified Royalty'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 €39.48 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 22.11 mean?
Diversified Royalty (FRA:BEW) has a EV-to-EBITDA of 22.11 as of Aug. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Diversified Royalty. This is 37% above median its historical median of 16.12. According to the industry distribution chart, Diversified Royalty ranks #774 out of 899 companies in the Business Services industry, placing it in the top 86.1%.
Is Diversified Royalty's EV-to-EBITDA too high?
Diversified Royalty's current EV-to-EBITDA of 22.11 is 37% above median its 10-year median of 16.12. The Business Services industry median EV-to-EBITDA is 7.78. Diversified Royalty's value of 22.11 is 184.2% above this industry median. Based on the distribution chart, Diversified Royalty ranks #774 out of 899 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Diversified Royalty has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Royalty's EV-to-EBITDA compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Diversified Royalty ranks #774 out of 899 companies for EV-to-EBITDA. This places Diversified Royalty in the lower half of its industry. The industry median EV-to-EBITDA is 7.78. Diversified Royalty's value of 22.11 is 184.2% above this benchmark. While the company's 10-year median is 16.12 vs. the industry median of 7.78, Diversified Royalty 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 Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.78, based on 899 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. Diversified Royalty's current EV-to-EBITDA of 22.11 is 184.2% 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 Diversified Royalty. For the Business Services industry, the median EV-to-EBITDA is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diversified Royalty's current EV-to-EBITDA is 22.11, which is 37% above median its own 10-year median of 16.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Royalty stock overvalued right now?
Based on GuruFocus' analysis, Diversified Royalty (FRA:BEW) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.21, compared to a current price of €2.47 — trading 11.8% above its estimated fair value. The current EV-to-EBITDA is 22.11, which is 37% above median its 10-year median of 16.12 and 184.2% above the Business Services industry median of 7.78. Diversified Royalty's overall GF Score™ is 85/100 with 7 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 Diversified Royalty (FRA:BEW), the current EV-to-EBITDA is 22.11 as of Aug. 15, 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 Diversified Royalty (FRA:BEW) Overvalued in 2026?

Based on GuruFocus' analysis, Diversified Royalty stock appears to be overvalued. The current stock price of €2.47 is trading 11.8% above its estimated GF Value™ of €2.21. GuruFocus considers Diversified Royalty to be Modestly Overvalued.

Key valuation signals for FRA:BEW:

  • EV-to-EBITDA: 22.11 (37% above median its 10-year median of 16.12)
  • GF Value™: €2.21 vs. price of €2.47 (11.8% above fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 184.2% above the Business Services median (#774 of 899)

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


Diversified Royalty Business Description

Address 609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The firm purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
85GF Score

Get the complete analysis for FRA:BEW

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

€2.47
Price
€2.21
GF Value