Independent Capital AG (HAM:I8CK) EV-to-EBITDA: 1.30 (As of Sep. 12, 2026)

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.

HAM:I8CK Independent Capital AG HAM:I8CK
42 GF Score
Price €1.00
! 5 Warning Signs
View Full Analysis

What is Independent Capital AG EV-to-EBITDA?

Independent Capital AG HAM:I8CK 42 EV-to-EBITDA is 1.30 as of Sep. 12, 2026. GuruFocus rates HAM:I8CK with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 504 Asset Management companies, Independent Capital AG ranks better than 86.51% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Independent Capital AG's enterprise value is €0.67 Mil. Independent Capital AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was €0.52 Mil. Therefore, Independent Capital AG's EV-to-EBITDA for today is 1.30.

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

HAM:I8CK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -9.9   Med: -2.91   Max: 5.62
Current: 1.3

During the past 11 years, the highest EV-to-EBITDA of Independent Capital AG was 5.62. The lowest was -9.90. And the median was -2.91.

HAM:I8CK's EV-to-EBITDA is ranked better than
86.51% of 504 companies
in the Asset Management industry
Industry Median: 8.195 vs HAM:I8CK: 1.30

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 (2026-09-12), Independent Capital AG's stock price is €1.00. Independent Capital AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was €0.447. Therefore, Independent Capital AG's PE Ratio (TTM) for today is 2.24.

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


Independent Capital AG  (HAM:I8CK) 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.

Independent Capital AG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.00/0.447
=2.24

Independent Capital AG's share price for today is €1.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Independent Capital AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was €0.447.

* 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?


Independent Capital AG EV-to-EBITDA Related Terms


Independent Capital AG EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Independent Capital AG'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.

Independent Capital AG EV-to-EBITDA Chart

Independent Capital AG Annual Data
Trend Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.32 2.17 0.55 4.80 0.73

Independent Capital AG Semi-Annual Data
Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.32 2.17 0.55 4.80 0.73

HAM:I8CK vs BLK, BX, KKR: EV-to-EBITDA Comparison

For the Asset Management subindustry, Independent Capital AG'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.


Independent Capital AG EV-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Independent Capital AG's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Independent Capital AG's EV-to-EBITDA falls into.


HAM:I8CK
42GF Score
Independent Capital AG HAM:I8CK
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Independent Capital AG EV-to-EBITDA Calculation

Independent Capital AG's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=0.671/0.517
=1.30

Independent Capital AG's current Enterprise Value is €0.67 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Independent Capital AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was €0.52 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 1.30 mean?
Independent Capital AG (HAM:I8CK) has a EV-to-EBITDA of 1.30 as of Sep. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Independent Capital AG. According to the industry distribution chart, Independent Capital AG ranks #68 out of 504 companies in the Asset Management industry, placing it in the top 13.5%.
Is Independent Capital AG's EV-to-EBITDA too high?
Independent Capital AG's current EV-to-EBITDA is 1.30. The Asset Management industry median EV-to-EBITDA is 8.20. Independent Capital AG's value of 1.30 is 84.1% below this industry median. Based on the distribution chart, Independent Capital AG ranks #68 out of 504 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Independent Capital AG has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Independent Capital AG's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Independent Capital AG ranks #68 out of 504 companies for EV-to-EBITDA. This places Independent Capital AG in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.20. Independent Capital AG's value of 1.30 is 84.1% below this benchmark. 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 an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.20, based on 504 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. Independent Capital AG's current EV-to-EBITDA of 1.30 is 84.1% 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 Independent Capital AG. For the Asset Management industry, the median EV-to-EBITDA is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Capital AG's current EV-to-EBITDA is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Capital AG stock overvalued right now?
Independent Capital AG (HAM:I8CK) has a current EV-to-EBITDA of 1.30. The current EV-to-EBITDA is 1.30 and 84.1% below the Asset Management industry median of 8.20. Independent Capital AG's overall GF Score™ is 42/100 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 Independent Capital AG (HAM:I8CK), the current EV-to-EBITDA is 1.30 as of Sep. 12, 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.

Independent Capital AG Business Description

Address Karlstrasse 52, Althengstett, Calw, BW, DEU, 75382
Independent Capital AG is a financing solutions provider. The company follows the crowd-solution principle and supports financing projects across the world by providing comprehensive advice on country-specific funding opportunities.
42GF Score

Get the complete analysis for HAM:I8CK

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

€1.00
Price