EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, WithSecure's enterprise value is $344.0 Mil.
WithSecure's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was $12.6 Mil. Therefore, WithSecure's EV-to-EBITDA for today is 27.26.
The historical rank and industry rank for WithSecure's EV-to-EBITDA or its related term are showing as below:
FSOYF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -81.42 Med: 10.06 Max: 531.26
Current: 23.96
During the past 13 years, the highest EV-to-EBITDA of WithSecure was 531.26. The lowest was -81.42. And the median was 10.06.
FSOYF's EV-to-EBITDA is not ranked
in the Software industry.
Industry Median: 10.6
vs FSOYF: 23.96
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).
WithSecure (OTCPK:FSOYF) 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.
WithSecure's share price for today is $1.62.
WithSecure's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.188.
* 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 WithSecure'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.
FSOYF vs MSFT, ORCL, PLTR: EV-to-EBITDA Comparison
For the Software - Infrastructure subindustry, WithSecure'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.
WithSecure EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, WithSecure's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where WithSecure's EV-to-EBITDA falls into.
WithSecure's current Enterprise Value is $344.0 Mil.
WithSecure's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.6 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.
WithSecure (FSOYF) has a EV-to-EBITDA of 27.26 as of Jul. 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 WithSecure. This is 171% above median its historical median of 10.06.
Is WithSecure's EV-to-EBITDA too high?
WithSecure's current EV-to-EBITDA of 27.26 is 171% above median its 10-year median of 10.06. The Software industry median EV-to-EBITDA is 10.60. WithSecure's value of 27.26 is 157.2% above this industry median. Overall, WithSecure has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does WithSecure's EV-to-EBITDA compare to MSFT and ORCL?
WithSecure's EV-to-EBITDA of 27.26 can be compared against companies in the Software industry. The industry median EV-to-EBITDA is 10.60. WithSecure's value of 27.26 is 157.2% above this benchmark. While the company's 10-year median is 10.06 vs. the industry median of 10.60, WithSecure 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 Software company?
The median EV-to-EBITDA among Software companies is 10.60, based on 1,939 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. WithSecure's current EV-to-EBITDA of 27.26 is 157.2% 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 WithSecure. For the Software industry, the median EV-to-EBITDA is 10.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WithSecure's current EV-to-EBITDA is 27.26, which is 171% above median its own 10-year median of 10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WithSecure stock overvalued right now?
WithSecure (FSOYF) has a current EV-to-EBITDA of 27.26. The stock's GF Value™ is $0.90, compared to a current price of $1.62 — trading 80% above its estimated fair value. The current EV-to-EBITDA is 27.26, which is 171% above median its 10-year median of 10.06 and 157.2% above the Software industry median of 10.60. WithSecure's overall GF Score™ is 45/100 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 WithSecure (FSOYF), the current EV-to-EBITDA is 27.26 as of Jul. 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 WithSecure (FSOYF) Overvalued in 2026?
Based on GuruFocus' analysis, WithSecure stock appears to be overvalued.
The current stock price of $1.62 is trading 80% above its estimated GF Value™ of $0.90.
Key valuation signals for FSOYF:
EV-to-EBITDA: 27.26 (171% above median its 10-year median of 10.06)
GF Value™: $0.90 vs. price of $1.62 (80% above fair value)
Industry Position: 157.2% above the Software median
No single metric tells the full story. See the FSOYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WithSecure Corp, formerly F-Secure Corp is a cyber security products and services company The Company has one segment which is security. Its solutions help to protect thousands of businesses from security threats. Geographically, WithSecure is focused on Europe and the United States, and the company's products are sold by thousands of resellers. The company's revenue is split into three categories. Cloud revenue includes the Elements platform cloud-based products, Managed Detection and Response (MDR) and Cloud Protection for Salesforce (CPSF) revenue. Onpremise revenue includes the Elements portfolio on-premise product (Endpoint protection) and other legacy products. Consulting revenue includes the cyber security consulting services.
45GF Score
Get the complete analysis for FSOYF
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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