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SmartgroupFRA:SW8 +4.00%88 EV-to-EBITDA is 12.29 as of Jul. 16, 2026, which is 15% above its 10-year median of 10.72. GuruFocus rates FRA:SW8 with a GF Score™ of 88/100 and a GF Value™ of €5.93. The stock has 6 warning signs investors should review. Among 903 Business Services companies, Smartgroup ranks worse than 70.54% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Smartgroup's enterprise value is €949.6 Mil.
Smartgroup's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €77.3 Mil. Therefore, Smartgroup's EV-to-EBITDA for today is 12.29.
The historical rank and industry rank for Smartgroup's EV-to-EBITDA or its related term are showing as below:
FRA:SW8'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.45 Med: 10.72 Max: 22.33
Current: 11.5
During the past 12 years, the highest EV-to-EBITDA of Smartgroup was 22.33. The lowest was 5.45. And the median was 10.72.
FRA:SW8's EV-to-EBITDA is ranked worse than 70.54% of 903
companies
in the Business Services industry
Industry Median: 7.78
vs FRA:SW8: 11.50
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).
Smartgroup (FRA:SW8) 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.
Smartgroup's share price for today is €7.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smartgroup's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.345.
* 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 Smartgroup'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:SW8 vs CTAS, CPRT, ULS: EV-to-EBITDA Comparison
For the Specialty Business Services subindustry, Smartgroup'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.
Smartgroup EV-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Smartgroup's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Smartgroup's EV-to-EBITDA falls into.
Smartgroup's current Enterprise Value is €949.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smartgroup's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €77.3 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.
Smartgroup (FRA:SW8) has a EV-to-EBITDA of 12.29 as of Jul. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Smartgroup. This is 15% above median its historical median of 10.72. Over the past decade, Smartgroup's EV-to-EBITDA has ranged from 5.45 to 22.33. According to the industry distribution chart, Smartgroup ranks #637 out of 903 companies in the Business Services industry, placing it in the top 70.5%.
Is Smartgroup's EV-to-EBITDA too high?
Smartgroup's current EV-to-EBITDA of 12.29 is 15% above median its 10-year median of 10.72. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 22.33. The Business Services industry median EV-to-EBITDA is 7.78. Smartgroup's value of 12.29 is 58% above this industry median. Based on the distribution chart, Smartgroup ranks #637 out of 903 companies in the Business Services industry, which is below the industry midpoint. Overall, Smartgroup has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Smartgroup's EV-to-EBITDA compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Smartgroup ranks #637 out of 903 companies for EV-to-EBITDA. This places Smartgroup in the lower half of its industry. The industry median EV-to-EBITDA is 7.78. Smartgroup's value of 12.29 is 58% above this benchmark. Historically, Smartgroup's own EV-to-EBITDA has ranged from 5.45 to 22.33 over the past decade. While the company's 10-year median is 10.72 vs. the industry median of 7.78, Smartgroup 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 Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.78, based on 903 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. Smartgroup's current EV-to-EBITDA of 12.29 is 58% 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 Smartgroup. For the Business Services industry, the median EV-to-EBITDA is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartgroup's current EV-to-EBITDA is 12.29, which is 15% above median its own 10-year median of 10.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartgroup stock overvalued right now?
Smartgroup (FRA:SW8) has a current EV-to-EBITDA of 12.29. The stock's GF Value™ is €5.93, compared to a current price of €7.80 — trading 31.5% above its estimated fair value. The current EV-to-EBITDA is 12.29, which is 15% above median its 10-year median of 10.72 and 58% above the Business Services industry median of 7.78. Smartgroup's overall GF Score™ is 88/100 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 Smartgroup (FRA:SW8), the current EV-to-EBITDA is 12.29 as of Jul. 16, 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 Smartgroup (FRA:SW8) Overvalued in 2026?
Based on GuruFocus' analysis, Smartgroup stock appears to be overvalued.
The current stock price of €7.80 is trading 31.5% above its estimated GF Value™ of €5.93.
Key valuation signals for FRA:SW8:
EV-to-EBITDA: 12.29 (15% above median its 10-year median of 10.72)
GF Value™: €5.93 vs. price of €7.80 (31.5% above fair value)
Industry Position: 58% above the Business Services median (#637 of 903)
No single metric tells the full story. See the FRA:SW8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartgroup Corporation is an Australia-based company that provides specialist employee management services. Its services include salary packaging, novated leasing, vehicle fleet management, payroll administration, employee share plan administration and workforce optimization. The operating segments of the company are: outsourced administration, or OA, and vehicle services, or VS. Most of the group's revenue is generated from the OA segment which provides outsourced salary packaging services, novated leasing, share plan administration and outsourced payroll services. The VS segment provides end-to-end vehicle fleet management services.
88GF Score
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