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.
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.
MunicFRA:MNS -12.24%43 EV-to-EBITDA is 4.19 as of Sep. 02, 2026, which is 26% below its 10-year median of 5.67. GuruFocus rates FRA:MNS with a GF Score™ of 43/100 and a GF Value™ of €0.40. The stock has 2 warning signs investors should review. Among 1,952 Software companies, Munic ranks better than 84.22% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Munic's enterprise value is €6.93 Mil.
Munic's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1.65 Mil. Therefore, Munic's EV-to-EBITDA for today is 4.19.
The historical rank and industry rank for Munic's EV-to-EBITDA or its related term are showing as below:
FRA:MNS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -97.35 Med: 5.67 Max: 337.51
Current: 4.19
During the past 9 years, the highest EV-to-EBITDA of Munic was 337.51. The lowest was -97.35. And the median was 5.67.
FRA:MNS's EV-to-EBITDA is ranked better than 84.22% of 1952
companies
in the Software industry
Industry Median: 10.54
vs FRA:MNS: 4.19
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 (2026-09-02), Munic's stock price is €0.301.
Munic's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.020. Therefore, Munic'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).
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.
Munic's share price for today is €0.301.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Munic's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.020.
* 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 Munic'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.
FRA:MNS vs MSFT, PLTR, ORCL: EV-to-EBITDA Comparison
For the Software - Infrastructure subindustry, Munic'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.
Munic EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Munic's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Munic's EV-to-EBITDA falls into.
Munic's current Enterprise Value is €6.93 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Munic's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1.65 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.
Munic (FRA:MNS) has a EV-to-EBITDA of 4.19 as of Sep. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Munic. This is 26% below median its historical median of 5.67. According to the industry distribution chart, Munic ranks #308 out of 1952 companies in the Software industry, placing it in the top 15.8%.
Is Munic's EV-to-EBITDA too high?
Munic's current EV-to-EBITDA of 4.19 is 26% below median its 10-year median of 5.67. The Software industry median EV-to-EBITDA is 10.54. Munic's value of 4.19 is 60.2% below this industry median. Based on the distribution chart, Munic ranks #308 out of 1952 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Munic has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Munic's EV-to-EBITDA compare to MSFT and PLTR?
According to the Software industry distribution chart, Munic ranks #308 out of 1952 companies for EV-to-EBITDA. This places Munic in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.54. Munic's value of 4.19 is 60.2% below this benchmark. While the company's 10-year median is 5.67 vs. the industry median of 10.54, Munic 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 Software company?
The median EV-to-EBITDA among Software companies is 10.54, based on 1,952 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. Munic's current EV-to-EBITDA of 4.19 is 60.2% 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 Munic. For the Software industry, the median EV-to-EBITDA is 10.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munic's current EV-to-EBITDA is 4.19, which is 26% below median its own 10-year median of 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munic stock overvalued right now?
Munic (FRA:MNS) has a current EV-to-EBITDA of 4.19. The stock's GF Value™ is €0.40, compared to a current price of €0.30 — trading 24.8% below its estimated fair value. The current EV-to-EBITDA is 4.19, which is 26% below median its 10-year median of 5.67 and 60.2% below the Software industry median of 10.54. Munic's overall GF Score™ is 43/100 with 2 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 Munic (FRA:MNS), the current EV-to-EBITDA is 4.19 as of Sep. 02, 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 Munic (FRA:MNS) Overvalued in 2026?
Based on GuruFocus' analysis, Munic stock appears to be undervalued.
The current stock price of €0.30 is trading 24.8% below its estimated GF Value™ of €0.40.
Key valuation signals for FRA:MNS:
EV-to-EBITDA: 4.19 (26% below median its 10-year median of 5.67)
GF Value™: €0.40 vs. price of €0.30 (24.8% below fair value)
Industry Position: 60.2% below the Software median (#308 of 1952)
No single metric tells the full story. See the FRA:MNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munic SA is a vehicle data collection, processing and monetization company in Europe and North America. The company designs intelligent solutions in vehicles which collect data using the Munic box directly connected to the heart of the vehicle's electronic network via a universal socket, process such data locally within the Munic box; transmit and analyze such data on a proprietary artificial intelligence platform Munic.io; and allow B-to-B third parties to integrate their commercial applications on Munic.io to monetize the data collected. Its products include Munic Max V4, Munic V6 and Munic V6+ and V7+.
43GF Score
Get the complete analysis for FRA:MNS
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MNS has been successfully added to your 
