Nuernberger Beteiligungs AG (HAM:NBG6) EV-to-EBITDA: (As of Sep. 09, 2026)

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HAM:NBG6 Nuernberger Beteiligungs AG HAM:NBG6
58 GF Score
Price €123.50
GF Value €66.66
! 5 Warning Signs
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What is Nuernberger Beteiligungs AG EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nuernberger Beteiligungs AG's enterprise value is €899 Mil. Nuernberger Beteiligungs AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €0 Mil. Therefore, Nuernberger Beteiligungs AG's EV-to-EBITDA for today is .

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

During the past 13 years, the highest EV-to-EBITDA of Nuernberger Beteiligungs AG was 2.97. The lowest was 0.94. And the median was 2.20.

HAM:NBG6's EV-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 8.16
* Ranked among companies with meaningful EV-to-EBITDA only.

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 (2026-09-09), Nuernberger Beteiligungs AG's stock price is €123.50. Nuernberger Beteiligungs AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €3.854. Therefore, Nuernberger Beteiligungs AG's PE Ratio (TTM) for today is 32.04.

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


Nuernberger Beteiligungs AG  (HAM:NBG6) 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.

Nuernberger Beteiligungs AG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=123.50/3.854
=32.04

Nuernberger Beteiligungs AG's share price for today is €123.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuernberger Beteiligungs AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €3.854.

* 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?


Nuernberger Beteiligungs AG EV-to-EBITDA Related Terms


Nuernberger Beteiligungs AG EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nuernberger Beteiligungs 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.

Nuernberger Beteiligungs AG EV-to-EBITDA Chart

Nuernberger Beteiligungs AG 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 2.20 0.00 0.00 0.00 0.00

Nuernberger Beteiligungs AG 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 0.00 0.00 0.00 0.00

HAM:NBG6 vs BRK.A, AIG, HIG: EV-to-EBITDA Comparison

For the Insurance - Diversified subindustry, Nuernberger Beteiligungs 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.


Nuernberger Beteiligungs AG EV-to-EBITDA vs Insurance Industry

For the Insurance industry and Financial Services sector, Nuernberger Beteiligungs AG's EV-to-EBITDA distribution charts can be found below:

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


HAM:NBG6
58GF Score
Nuernberger Beteiligungs AG HAM:NBG6
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuernberger Beteiligungs AG EV-to-EBITDA Calculation

Nuernberger Beteiligungs AG's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=899.225/0
=

Nuernberger Beteiligungs AG's current Enterprise Value is €899 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuernberger Beteiligungs AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €0 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.

Is Nuernberger Beteiligungs AG (HAM:NBG6) Overvalued in 2026?

Based on GuruFocus' analysis, Nuernberger Beteiligungs AG stock appears to be overvalued. The current stock price of €123.50 is trading 85.3% above its estimated GF Value™ of €66.66.

Key valuation signals for HAM:NBG6:

  • EV-to-EBITDA:
  • GF Value™: €66.66 vs. price of €123.50 (85.3% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the HAM:NBG6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuernberger Beteiligungs AG Business Description

Other Exchanges NBG6:Germany
Address Ostendstrasse 100, Nuernberg, DEU, 90334
Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.
58GF Score

Get the complete analysis for HAM:NBG6

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

€123.50
Price
€66.66
GF Value