Deswell Industries (FRA:DW2) EV-to-EBITDA: -8.42 (As of Aug. 08, 2026)

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FRA:DW2 Deswell Industries Inc FRA:DW2
65 GF Score
Price €2.76
GF Value €1.89
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Deswell Industries EV-to-EBITDA?

Deswell Industries FRA:DW2 +0.73% 65 EV-to-EBITDA is -8.42 as of Aug. 08, 2026. GuruFocus rates FRA:DW2 with a GF Score™ of 65/100 and a GF Value™ of €1.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,888 Hardware companies, Deswell Industries ranks better than 99.68% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Deswell Industries's enterprise value is €-26.23 Mil. Deswell Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €3.12 Mil. Therefore, Deswell Industries's EV-to-EBITDA for today is -8.42.

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

FRA:DW2' s EV-to-EBITDA Range Over the Past 10 Years
Min: -10.33   Med: 1.17   Max: 61.98
Current: -8.32

During the past 13 years, the highest EV-to-EBITDA of Deswell Industries was 61.98. The lowest was -10.33. And the median was 1.17.

FRA:DW2's EV-to-EBITDA is ranked better than
99.68% of 1888 companies
in the Hardware industry
Industry Median: 15.405 vs FRA:DW2: -8.32

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 (2026-08-08), Deswell Industries's stock price is €2.76. Deswell Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.573. Therefore, Deswell Industries's PE Ratio (TTM) for today is 4.82.

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


Deswell Industries  (FRA:DW2) 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.

Deswell Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.76/0.573
=4.82

Deswell Industries's share price for today is €2.76.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deswell Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.573.

* 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?


Deswell Industries EV-to-EBITDA Related Terms


Deswell Industries EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Deswell Industries'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.

Deswell Industries EV-to-EBITDA Chart

Deswell Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 -1.25 -4.60 -9.62 -9.55

Deswell Industries Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -4.60 0.00 -9.62 0.00 -9.55

FRA:DW2 vs IEHC, ELTK, HOLO: EV-to-EBITDA Comparison

For the Electronic Components subindustry, Deswell Industries'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.


Deswell Industries EV-to-EBITDA vs Hardware Industry

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

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


FRA:DW2
65GF Score
Deswell Industries Inc FRA:DW2
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deswell Industries EV-to-EBITDA Calculation

Deswell Industries's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=-26.233/3.115
=-8.42

Deswell Industries's current Enterprise Value is €-26.23 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deswell Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €3.12 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 -8.42 mean?
Deswell Industries (FRA:DW2) has a EV-to-EBITDA of -8.42 as of Aug. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Deswell Industries. According to the industry distribution chart, Deswell Industries ranks #6 out of 1888 companies in the Hardware industry, placing it in the top 0.3%.
Is Deswell Industries' EV-to-EBITDA too high?
Deswell Industries' current EV-to-EBITDA is -8.42. Based on the distribution chart, Deswell Industries ranks #6 out of 1888 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Deswell Industries has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deswell Industries' EV-to-EBITDA compare to IEHC and ELTK?
According to the Hardware industry distribution chart, Deswell Industries ranks #6 out of 1888 companies for EV-to-EBITDA. This places Deswell Industries in the top 0% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 15.41. 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 15.41, based on 1,888 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. 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 Deswell Industries. For the Hardware industry, the median EV-to-EBITDA is 15.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deswell Industries's current EV-to-EBITDA is -8.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deswell Industries stock overvalued right now?
Based on GuruFocus' analysis, Deswell Industries (FRA:DW2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.89, compared to a current price of €2.76 — trading 46% above its estimated fair value. The current EV-to-EBITDA is -8.42. Deswell Industries' overall GF Score™ is 65/100 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 Deswell Industries (FRA:DW2), the current EV-to-EBITDA is -8.42 as of Aug. 08, 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 Deswell Industries (FRA:DW2) Overvalued in 2026?

Based on GuruFocus' analysis, Deswell Industries stock appears to be overvalued. The current stock price of €2.76 is trading 46% above its estimated GF Value™ of €1.89. GuruFocus considers Deswell Industries to be Significantly Overvalued.

Key valuation signals for FRA:DW2:

  • EV-to-EBITDA: -8.42
  • GF Value™: €1.89 vs. price of €2.76 (46% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the FRA:DW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deswell Industries Business Description

Other Exchanges DSWL:USA
Address 10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macao, MAC
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.
65GF Score

Get the complete analysis for FRA:DW2

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

€2.76
Price
€1.89
GF Value