Paradox Interactive AB (FRA:ETA) EV-to-EBITDA: 9.14 (As of Jul. 28, 2026) — 53% Below Median

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FRA:ETA Paradox Interactive AB FRA:ETA
80 GF Score
Price €11.38
GF Value €15.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Paradox Interactive AB EV-to-EBITDA?

Paradox Interactive AB FRA:ETA +0.18% 80 EV-to-EBITDA is 9.14 as of Jul. 28, 2026, which is 53% below its 10-year median of 19.37. GuruFocus rates FRA:ETA with a GF Score™ of 80/100 and a GF Value™ of €15.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 378 Interactive Media companies, Paradox Interactive AB ranks worse than 58.2% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Paradox Interactive AB's enterprise value is €1,123.5 Mil. Paradox Interactive AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €122.9 Mil. Therefore, Paradox Interactive AB's EV-to-EBITDA for today is 9.14.

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

FRA:ETA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.4   Med: 19.37   Max: 60.33
Current: 9.31

During the past 12 years, the highest EV-to-EBITDA of Paradox Interactive AB was 60.33. The lowest was 7.40. And the median was 19.37.

FRA:ETA's EV-to-EBITDA is ranked worse than
58.2% of 378 companies
in the Interactive Media industry
Industry Median: 7.585 vs FRA:ETA: 9.31

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 (2026-07-28), Paradox Interactive AB's stock price is €11.38. Paradox Interactive AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.074. Therefore, Paradox Interactive AB's PE Ratio (TTM) for today is 153.78.

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


Paradox Interactive AB  (FRA:ETA) 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.

Paradox Interactive AB's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.38/0.074
=153.78

Paradox Interactive AB's share price for today is €11.38.
Paradox Interactive AB'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 €0.074.

* 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?


Paradox Interactive AB EV-to-EBITDA Related Terms


Paradox Interactive AB EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Paradox Interactive AB'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.

Paradox Interactive AB EV-to-EBITDA Chart

Paradox Interactive AB 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 20.51 15.98 13.40 13.77 11.83

Paradox Interactive AB 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 12.58 14.77 14.38 11.83 8.70

FRA:ETA vs NTES, EA, TTWO: EV-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Paradox Interactive AB'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.


Paradox Interactive AB EV-to-EBITDA vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Paradox Interactive AB's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Paradox Interactive AB's EV-to-EBITDA falls into.


FRA:ETA
80GF Score
Paradox Interactive AB FRA:ETA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paradox Interactive AB EV-to-EBITDA Calculation

Paradox Interactive AB's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1123.514/122.945
=9.14

Paradox Interactive AB's current Enterprise Value is €1,123.5 Mil.
Paradox Interactive AB'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 €122.9 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 9.14 mean?
Paradox Interactive AB (FRA:ETA) has a EV-to-EBITDA of 9.14 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Paradox Interactive AB. This is 53% below median its historical median of 19.37. Over the past decade, Paradox Interactive AB's EV-to-EBITDA has ranged from 7.40 to 60.33. According to the industry distribution chart, Paradox Interactive AB ranks #220 out of 378 companies in the Interactive Media industry, placing it in the top 58.2%.
Is Paradox Interactive AB's EV-to-EBITDA too high?
Paradox Interactive AB's current EV-to-EBITDA of 9.14 is 53% below median its 10-year median of 19.37. Over the past 10 years, this metric has ranged from a low of 7.40 to a high of 60.33. The Interactive Media industry median EV-to-EBITDA is 7.59. Paradox Interactive AB's value of 9.14 is 20.5% above this industry median. Based on the distribution chart, Paradox Interactive AB ranks #220 out of 378 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Paradox Interactive AB has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paradox Interactive AB's EV-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Paradox Interactive AB ranks #220 out of 378 companies for EV-to-EBITDA. This places Paradox Interactive AB in the lower half of its industry. The industry median EV-to-EBITDA is 7.59. Paradox Interactive AB's value of 9.14 is 20.5% above this benchmark. Historically, Paradox Interactive AB's own EV-to-EBITDA has ranged from 7.40 to 60.33 over the past decade. While the company's 10-year median is 19.37 vs. the industry median of 7.59, Paradox Interactive AB 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 an Interactive Media company?
The median EV-to-EBITDA among Interactive Media companies is 7.59, based on 378 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. Paradox Interactive AB's current EV-to-EBITDA of 9.14 is 20.5% 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 Paradox Interactive AB. For the Interactive Media industry, the median EV-to-EBITDA is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paradox Interactive AB's current EV-to-EBITDA is 9.14, which is 53% below median its own 10-year median of 19.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paradox Interactive AB stock overvalued right now?
Based on GuruFocus' analysis, Paradox Interactive AB (FRA:ETA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.71, compared to a current price of €11.38 — trading 27.6% below its estimated fair value. The current EV-to-EBITDA is 9.14, which is 53% below median its 10-year median of 19.37 and 20.5% above the Interactive Media industry median of 7.59. Paradox Interactive AB's overall GF Score™ is 80/100 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 Paradox Interactive AB (FRA:ETA), the current EV-to-EBITDA is 9.14 as of Jul. 28, 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 Paradox Interactive AB (FRA:ETA) Overvalued in 2026?

Based on GuruFocus' analysis, Paradox Interactive AB stock appears to be undervalued. The current stock price of €11.38 is trading 27.6% below its estimated GF Value™ of €15.71. GuruFocus considers Paradox Interactive AB to be Modestly Undervalued.

Key valuation signals for FRA:ETA:

  • EV-to-EBITDA: 9.14 (53% below median its 10-year median of 19.37)
  • GF Value™: €15.71 vs. price of €11.38 (27.6% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 20.5% above the Interactive Media median (#220 of 378)

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


Paradox Interactive AB Business Description

Address Magnus Ladulasgatan 4, Stockholm, SWE, 118 66
Paradox Interactive AB is a Swedish company. It is engaged in the development and publishing of PC-based games. The company's product portfolio includes franchise brands such as Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities, Skylines, Tyranny and Magicka. Paradox is also involved in the publishing and internal development of games and licensing of White Wolf's brands. The company distributes its games through the digital platform Steam as well as on Apple, Google Play, and Sony stores. It operates its business across the world. The majority of the company's revenue comes from the United States, while it also has its presence in Sweden, Rest of Europe and Rest of the World.
80GF Score

Get the complete analysis for FRA:ETA

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

€11.38
Price
€15.71
GF Value