Goodman Group (FRA:MY4) EV-to-EBITDA: 37.23 (As of Aug. 13, 2026) — 116% 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:MY4 Goodman Group FRA:MY4
83 GF Score
Price €18.22
GF Value €13.48
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Goodman Group EV-to-EBITDA?

Goodman Group FRA:MY4 -1.38% 83 EV-to-EBITDA is 37.23 as of Aug. 13, 2026, which is 116% above its 10-year median of 17.23. GuruFocus rates FRA:MY4 with a GF Score™ of 83/100 and a GF Value™ of €13.48 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 675 REITs companies, Goodman Group ranks worse than 90.96% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Goodman Group's enterprise value is €37,918 Mil. Goodman Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1,019 Mil. Therefore, Goodman Group's EV-to-EBITDA for today is 37.23.

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

FRA:MY4' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.02   Med: 17.23   Max: 3256.1
Current: 34.53

During the past 13 years, the highest EV-to-EBITDA of Goodman Group was 3256.10. The lowest was 8.02. And the median was 17.23.

FRA:MY4's EV-to-EBITDA is ranked worse than
90.96% of 675 companies
in the REITs industry
Industry Median: 15.51 vs FRA:MY4: 34.53

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 (2026-08-13), Goodman Group's stock price is €18.22. Goodman Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.470. Therefore, Goodman Group's PE Ratio (TTM) for today is 38.77.

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


Goodman Group  (FRA:MY4) 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.

Goodman Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=18.22/0.470
=38.77

Goodman Group's share price for today is €18.22.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.470.

* 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?


Goodman Group EV-to-EBITDA Related Terms


Goodman Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Goodman Group'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.

Goodman Group EV-to-EBITDA Chart

Goodman Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.38 8.82 19.74 2,979.57 32.49

Goodman Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 2,979.57 0.00 32.49 0.00

FRA:MY4 vs VICI, WPC, BNL: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Goodman Group'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.


Goodman Group EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Goodman Group's EV-to-EBITDA distribution charts can be found below:

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


FRA:MY4
83GF Score
Goodman Group FRA:MY4
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodman Group EV-to-EBITDA Calculation

Goodman Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=37917.845/1018.521
=37.23

Goodman Group's current Enterprise Value is €37,918 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1,019 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 37.23 mean?
Goodman Group (FRA:MY4) has a EV-to-EBITDA of 37.23 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Goodman Group. This is 116% above median its historical median of 17.23. Over the past decade, Goodman Group's EV-to-EBITDA has ranged from 8.02 to 3,256.10. According to the industry distribution chart, Goodman Group ranks #614 out of 675 companies in the REITs industry, placing it in the top 91%.
Is Goodman Group's EV-to-EBITDA too high?
Goodman Group's current EV-to-EBITDA of 37.23 is 116% above median its 10-year median of 17.23. Over the past 10 years, this metric has ranged from a low of 8.02 to a high of 3,256.10. The REITs industry median EV-to-EBITDA is 15.51. Goodman Group's value of 37.23 is 140% above this industry median. Based on the distribution chart, Goodman Group ranks #614 out of 675 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Goodman Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman Group's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Goodman Group ranks #614 out of 675 companies for EV-to-EBITDA. This places Goodman Group in the lower half of its industry. The industry median EV-to-EBITDA is 15.51. Goodman Group's value of 37.23 is 140% above this benchmark. Historically, Goodman Group's own EV-to-EBITDA has ranged from 8.02 to 3,256.10 over the past decade. While the company's 10-year median is 17.23 vs. the industry median of 15.51, Goodman Group 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 REITs company?
The median EV-to-EBITDA among REITs companies is 15.51, based on 675 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. Goodman Group's current EV-to-EBITDA of 37.23 is 140% 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 Goodman Group. For the REITs industry, the median EV-to-EBITDA is 15.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodman Group's current EV-to-EBITDA is 37.23, which is 116% above median its own 10-year median of 17.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman Group stock overvalued right now?
Based on GuruFocus' analysis, Goodman Group (FRA:MY4) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.48, compared to a current price of €18.22 — trading 35.2% above its estimated fair value. The current EV-to-EBITDA is 37.23, which is 116% above median its 10-year median of 17.23 and 140% above the REITs industry median of 15.51. Goodman Group's overall GF Score™ is 83/100 with 6 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 Goodman Group (FRA:MY4), the current EV-to-EBITDA is 37.23 as of Aug. 13, 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 Goodman Group (FRA:MY4) Overvalued in 2026?

Based on GuruFocus' analysis, Goodman Group stock appears to be overvalued. The current stock price of €18.22 is trading 35.2% above its estimated GF Value™ of €13.48. GuruFocus considers Goodman Group to be Significantly Overvalued.

Key valuation signals for FRA:MY4:

  • EV-to-EBITDA: 37.23 (116% above median its 10-year median of 17.23)
  • GF Value™: €13.48 vs. price of €18.22 (35.2% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 140% above the REITs median (#614 of 675)

No single metric tells the full story. See the FRA:MY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodman Group Business Description

Industry Real EstateREITs
Other Exchanges GMGSF:USAGMG:Australia
Address 1-11 Hayes Road, The Hayesbery, Rosebery, GPO Box 4703, Sydney, NSW, AUS, 2018
Goodman Group owns, manages, and develops industrial properties in 13 countries, historically in Australia but increasingly worldwide. Around half of its operating earnings come from development, a third from management, and the rest from property investment. Most developments are undertaken on behalf of third parties or fund investors. Goodman earns fees in return for development management services. Completed projects are either sold or reside in one of Goodman's funds or partnerships. Goodman typically retains ownership stakes in the investment vehicles and continues to manage the sites after completion, collecting investment management base fees, performance fees, property services fees, and a share of rental income.
83GF Score

Get the complete analysis for FRA:MY4

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

€18.22
Price
€13.48
GF Value