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Warner Music GroupHAM:WA4 +0.57%82 EV-to-EBITDA is 12.57 as of Aug. 11, 2026, which is 29% below its 10-year median of 17.60. GuruFocus rates HAM:WA4 with a GF Score™ of 82/100 and a GF Value™ of €30.68. The stock has 2 warning signs investors should review. Among 741 Media - Diversified companies, Warner Music Group ranks worse than 70.45% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Warner Music Group's enterprise value is €15,878 Mil.
Warner Music Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €1,264 Mil. Therefore, Warner Music Group's EV-to-EBITDA for today is 12.57.
The historical rank and industry rank for Warner Music Group's EV-to-EBITDA or its related term are showing as below:
HAM:WA4'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -876.08 Med: 17.6 Max: 105.28
Current: 12.5
During the past 13 years, the highest EV-to-EBITDA of Warner Music Group was 105.28. The lowest was -876.08. And the median was 17.60.
HAM:WA4's EV-to-EBITDA is ranked worse than 70.45% of 741
companies
in the Media - Diversified industry
Industry Median: 7.12
vs HAM:WA4: 12.50
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.
Warner Music Group (HAM:WA4) 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.
Warner Music Group's PE Ratio (TTM) for today is calculated as:
Warner Music Group's share price for today is €22.98.
Warner Music Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.085.
* 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 Warner Music Group'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.
HAM:WA4 vs TKO, NWSA, SIRI: EV-to-EBITDA Comparison
For the Entertainment subindustry, Warner Music Group'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.
Warner Music Group EV-to-EBITDA vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Warner Music Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Warner Music Group's EV-to-EBITDA falls into.
Warner Music Group's current Enterprise Value is €15,878 Mil.
Warner Music Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,264 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.
Warner Music Group (HAM:WA4) has a EV-to-EBITDA of 12.57 as of Aug. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Warner Music Group. This is 29% below median its historical median of 17.60. According to the industry distribution chart, Warner Music Group ranks #522 out of 741 companies in the Media - Diversified industry, placing it in the top 70.4%.
Is Warner Music Group's EV-to-EBITDA too high?
Warner Music Group's current EV-to-EBITDA of 12.57 is 29% below median its 10-year median of 17.60. The Media - Diversified industry median EV-to-EBITDA is 7.12. Warner Music Group's value of 12.57 is 76.5% above this industry median. Based on the distribution chart, Warner Music Group ranks #522 out of 741 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Warner Music Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Warner Music Group's EV-to-EBITDA compare to TKO and NWSA?
According to the Media - Diversified industry distribution chart, Warner Music Group ranks #522 out of 741 companies for EV-to-EBITDA. This places Warner Music Group in the lower half of its industry. The industry median EV-to-EBITDA is 7.12. Warner Music Group's value of 12.57 is 76.5% above this benchmark. While the company's 10-year median is 17.60 vs. the industry median of 7.12, Warner Music Group 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 Media - Diversified company?
The median EV-to-EBITDA among Media - Diversified companies is 7.12, based on 741 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. Warner Music Group's current EV-to-EBITDA of 12.57 is 76.5% 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 Warner Music Group. For the Media - Diversified industry, the median EV-to-EBITDA is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Music Group's current EV-to-EBITDA is 12.57, which is 29% below median its own 10-year median of 17.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Music Group stock overvalued right now?
Warner Music Group (HAM:WA4) has a current EV-to-EBITDA of 12.57. The stock's GF Value™ is €30.68, compared to a current price of €22.98 — trading 25.1% below its estimated fair value. The current EV-to-EBITDA is 12.57, which is 29% below median its 10-year median of 17.60 and 76.5% above the Media - Diversified industry median of 7.12. Warner Music Group's overall GF Score™ is 82/100 with 2 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 Warner Music Group (HAM:WA4), the current EV-to-EBITDA is 12.57 as of Aug. 11, 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 Warner Music Group (HAM:WA4) Overvalued in 2026?
Based on GuruFocus' analysis, Warner Music Group stock appears to be undervalued.
The current stock price of €22.98 is trading 25.1% below its estimated GF Value™ of €30.68.
Key valuation signals for HAM:WA4:
EV-to-EBITDA: 12.57 (29% below median its 10-year median of 17.60)
GF Value™: €30.68 vs. price of €22.98 (25.1% below fair value)
Industry Position: 76.5% above the Media - Diversified median (#522 of 741)
No single metric tells the full story. See the HAM:WA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
82GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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