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DanaherFRA:DAP +0.48%75 EV-to-EBITDA is 21.14 as of Jul. 26, 2026, which is 5% below its 10-year median of 22.26. GuruFocus rates FRA:DAP with a GF Score™ of 75/100 and a GF Value™ of €210.98 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 117 Medical Diagnostics & Research companies, Danaher ranks worse than 62.39% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Danaher's enterprise value is €137,868 Mil.
Danaher's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €6,521 Mil. Therefore, Danaher's EV-to-EBITDA for today is 21.14.
The historical rank and industry rank for Danaher's EV-to-EBITDA or its related term are showing as below:
FRA:DAP'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.36 Med: 22.26 Max: 30.83
Current: 20.68
During the past 13 years, the highest EV-to-EBITDA of Danaher was 30.83. The lowest was 14.36. And the median was 22.26.
FRA:DAP's EV-to-EBITDA is ranked worse than 62.39% of 117
companies
in the Medical Diagnostics & Research industry
Industry Median: 14.4
vs FRA:DAP: 20.68
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).
Danaher (FRA:DAP) 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.
Danaher's share price for today is €168.40.
Danaher'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 €4.839.
* 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 Danaher'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 Diagnostics & Research subindustry, Danaher'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.
Danaher EV-to-EBITDA vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Danaher's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Danaher's EV-to-EBITDA falls into.
Danaher's current Enterprise Value is €137,868 Mil.
Danaher'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 €6,521 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.
Danaher (FRA:DAP) has a EV-to-EBITDA of 21.14 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Danaher. This is near median its historical median of 22.26. Over the past decade, Danaher's EV-to-EBITDA has ranged from 14.36 to 30.83. According to the industry distribution chart, Danaher ranks #73 out of 117 companies in the Medical Diagnostics & Research industry, placing it in the top 62.4%.
Is Danaher's EV-to-EBITDA too high?
Danaher's current EV-to-EBITDA of 21.14 is near median its 10-year median of 22.26. Over the past 10 years, this metric has ranged from a low of 14.36 to a high of 30.83. The Medical Diagnostics & Research industry median EV-to-EBITDA is 14.40. Danaher's value of 21.14 is 46.8% above this industry median. Based on the distribution chart, Danaher ranks #73 out of 117 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Danaher has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Danaher's EV-to-EBITDA compare to TMO and IDXX?
According to the Medical Diagnostics & Research industry distribution chart, Danaher ranks #73 out of 117 companies for EV-to-EBITDA. This places Danaher in the lower half of its industry. The industry median EV-to-EBITDA is 14.40. Danaher's value of 21.14 is 46.8% above this benchmark. Historically, Danaher's own EV-to-EBITDA has ranged from 14.36 to 30.83 over the past decade. While the company's 10-year median is 22.26 vs. the industry median of 14.40, Danaher 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 Medical Diagnostics & Research company?
The median EV-to-EBITDA among Medical Diagnostics & Research companies is 14.40, based on 117 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. Danaher's current EV-to-EBITDA of 21.14 is 46.8% 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 Danaher. For the Medical Diagnostics & Research industry, the median EV-to-EBITDA is 14.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danaher's current EV-to-EBITDA is 21.14, which is near median its own 10-year median of 22.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danaher stock overvalued right now?
Based on GuruFocus' analysis, Danaher (FRA:DAP) is currently considered Modestly Undervalued. The stock's GF Value™ is €210.98, compared to a current price of €168.40 — trading 20.2% below its estimated fair value. The current EV-to-EBITDA is 21.14, which is near median its 10-year median of 22.26 and 46.8% above the Medical Diagnostics & Research industry median of 14.40. Danaher'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 Danaher (FRA:DAP), the current EV-to-EBITDA is 21.14 as of Jul. 26, 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 Danaher (FRA:DAP) Overvalued in 2026?
Based on GuruFocus' analysis, Danaher stock appears to be undervalued.
The current stock price of €168.40 is trading 20.2% below its estimated GF Value™ of €210.98.
GuruFocus considers Danaher to be Modestly Undervalued.
Key valuation signals for FRA:DAP:
EV-to-EBITDA: 21.14 (near median its 10-year median of 22.26)
GF Value™: €210.98 vs. price of €168.40 (20.2% below fair value)
Industry Position: 46.8% above the Medical Diagnostics & Research median (#73 of 117)
No single metric tells the full story. See the FRA:DAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Then, through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life sciences and diagnostic industries after the late 2023 divestiture of its environmental and applied solutions group, Veralto.
75GF Score
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