SSH Communications Security Oyj (FRA:XXH) EV-to-EBITDA: -44.41 (As of Sep. 07, 2026)

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FRA:XXH SSH Communications Security Oyj FRA:XXH
62 GF Score
Price €2.04
GF Value €1.10
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is SSH Communications Security Oyj EV-to-EBITDA?

SSH Communications Security Oyj FRA:XXH +11.57% 62 EV-to-EBITDA is -44.41 as of Sep. 07, 2026. GuruFocus rates FRA:XXH with a GF Score™ of 62/100 and a GF Value™ of €1.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,951 Software companies, SSH Communications Security Oyj ranks worse than 51255.72% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, SSH Communications Security Oyj's enterprise value is €121.37 Mil. SSH Communications Security Oyj's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €-2.73 Mil. Therefore, SSH Communications Security Oyj's EV-to-EBITDA for today is -44.41.

The historical rank and industry rank for SSH Communications Security Oyj's EV-to-EBITDA or its related term are showing as below:

FRA:XXH' s EV-to-EBITDA Range Over the Past 10 Years
Min: -554.84   Med: -33.37   Max: 94.61
Current: -44.41

During the past 13 years, the highest EV-to-EBITDA of SSH Communications Security Oyj was 94.61. The lowest was -554.84. And the median was -33.37.

FRA:XXH's EV-to-EBITDA is ranked worse than
100% of 1951 companies
in the Software industry
Industry Median: 10.42 vs FRA:XXH: -44.41

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 (2026-09-07), SSH Communications Security Oyj's stock price is €2.035. SSH Communications Security Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.050. Therefore, SSH Communications Security Oyj'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).


SSH Communications Security Oyj  (FRA:XXH) 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.

SSH Communications Security Oyj's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.035/-0.050
=At Loss

SSH Communications Security Oyj's share price for today is €2.035.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SSH Communications Security Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.050.

* 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?


SSH Communications Security Oyj EV-to-EBITDA Related Terms


SSH Communications Security Oyj EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SSH Communications Security Oyj'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.

SSH Communications Security Oyj EV-to-EBITDA Chart

SSH Communications Security Oyj 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 -70.60 -182.69 -34.44 -127.40 -65.29

SSH Communications Security Oyj Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 -57.90 -127.40 96.57 -65.29 -99.65

FRA:XXH vs MSFT, PLTR, ORCL: EV-to-EBITDA Comparison

For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.


SSH Communications Security Oyj EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, SSH Communications Security Oyj's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SSH Communications Security Oyj's EV-to-EBITDA falls into.


FRA:XXH
62GF Score
SSH Communications Security Oyj FRA:XXH
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSH Communications Security Oyj EV-to-EBITDA Calculation

SSH Communications Security Oyj's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=121.374/-2.733
=-44.41

SSH Communications Security Oyj's current Enterprise Value is €121.37 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SSH Communications Security Oyj's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €-2.73 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 -44.41 mean?
SSH Communications Security Oyj (FRA:XXH) has a EV-to-EBITDA of -44.41 as of Sep. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on SSH Communications Security Oyj. According to the industry distribution chart, SSH Communications Security Oyj ranks #999999 out of 1951 companies in the Software industry.
Is SSH Communications Security Oyj's EV-to-EBITDA too high?
SSH Communications Security Oyj's current EV-to-EBITDA is -44.41. Based on the distribution chart, SSH Communications Security Oyj ranks #999999 out of 1951 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, SSH Communications Security Oyj has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSH Communications Security Oyj's EV-to-EBITDA compare to MSFT and PLTR?
According to the Software industry distribution chart, SSH Communications Security Oyj ranks #999999 out of 1951 companies for EV-to-EBITDA. This places SSH Communications Security Oyj in the lower half of its industry. The industry median EV-to-EBITDA is 10.42. 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 10.42, based on 1,951 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 SSH Communications Security Oyj. For the Software industry, the median EV-to-EBITDA is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSH Communications Security Oyj's current EV-to-EBITDA is -44.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSH Communications Security Oyj stock overvalued right now?
Based on GuruFocus' analysis, SSH Communications Security Oyj (FRA:XXH) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.10, compared to a current price of €2.04 — trading 85% above its estimated fair value. The current EV-to-EBITDA is -44.41. SSH Communications Security Oyj's overall GF Score™ is 62/100 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 SSH Communications Security Oyj (FRA:XXH), the current EV-to-EBITDA is -44.41 as of Sep. 07, 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 SSH Communications Security Oyj (FRA:XXH) Overvalued in 2026?

Based on GuruFocus' analysis, SSH Communications Security Oyj stock appears to be overvalued. The current stock price of €2.04 is trading 85% above its estimated GF Value™ of €1.10. GuruFocus considers SSH Communications Security Oyj to be Significantly Overvalued.

Key valuation signals for FRA:XXH:

  • EV-to-EBITDA: -44.41
  • GF Value™: €1.10 vs. price of €2.04 (85% above fair value)
  • GF Score™: 62/100 with 3 warning signs

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


SSH Communications Security Oyj Business Description

Address Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company secures communications and access for and between humans, systems, and networks. The company provides software and professional services. The company products consist of Secure Mail, PrivX Hybrid PAM, Tectia SSH, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and Finland. The company serves to customers from Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government sectors.
62GF Score

Get the complete analysis for FRA:XXH

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

€2.04
Price
€1.10
GF Value