HKHC (Horizon Kinetics Holding) EV-to-EBITDA: 358.54 (As of Aug. 18, 2026)

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HKHC Horizon Kinetics Holding Corp HKHC
57 GF Score
Price $26.50
GF Value $28.40
Valuation Fairly Valued
! 5 Warning Signs
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What is Horizon Kinetics Holding EV-to-EBITDA?

Horizon Kinetics Holding HKHC -1.85% 57 EV-to-EBITDA is 358.54 as of Aug. 18, 2026. GuruFocus rates HKHC with a GF Score™ of 57/100 and a GF Value™ of $28.40 (Fairly Valued). The stock has 5 warning signs investors should review. Among 511 Asset Management companies, Horizon Kinetics Holding ranks worse than 98.04% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Horizon Kinetics Holding's enterprise value is $1,840.36 Mil. Horizon Kinetics Holding's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $5.13 Mil. Therefore, Horizon Kinetics Holding's EV-to-EBITDA for today is 358.54.

The historical rank and industry rank for Horizon Kinetics Holding's EV-to-EBITDA or its related term are showing as below:

HKHC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -2495.02   Med: -0.98   Max: 377.78
Current: 358.54

During the past 13 years, the highest EV-to-EBITDA of Horizon Kinetics Holding was 377.78. The lowest was -2495.02. And the median was -0.98.

HKHC's EV-to-EBITDA is ranked worse than
98.04% of 511 companies
in the Asset Management industry
Industry Median: 8.74 vs HKHC: 358.54

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 (2026-08-18), Horizon Kinetics Holding's stock price is $26.50. Horizon Kinetics Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-6.860. Therefore, Horizon Kinetics Holding'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).


Horizon Kinetics Holding  (OTCPK:HKHC) 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.

Horizon Kinetics Holding's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=26.50/-6.860
=At Loss

Horizon Kinetics Holding's share price for today is $26.50.
Horizon Kinetics Holding'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 $-6.860.

* 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?


Horizon Kinetics Holding EV-to-EBITDA Related Terms


Horizon Kinetics Holding EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Horizon Kinetics Holding'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.

Horizon Kinetics Holding EV-to-EBITDA Chart

Horizon Kinetics Holding 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 -5.39 -0.96 18,002.44 -163.08 134.44

Horizon Kinetics Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 -276.44 -498.01 134.44 349.95 382.13

HKHC vs GAMI, IQI, MUA: EV-to-EBITDA Comparison

For the Asset Management subindustry, Horizon Kinetics Holding'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.


Horizon Kinetics Holding EV-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Horizon Kinetics Holding's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Horizon Kinetics Holding's EV-to-EBITDA falls into.


HKHC
57GF Score
Horizon Kinetics Holding Corp HKHC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horizon Kinetics Holding EV-to-EBITDA Calculation

Horizon Kinetics Holding's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1840.364/5.133
=358.54

Horizon Kinetics Holding's current Enterprise Value is $1,840.36 Mil.
Horizon Kinetics Holding'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 $5.13 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 358.54 mean?
Horizon Kinetics Holding (HKHC) has a EV-to-EBITDA of 358.54 as of Aug. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Horizon Kinetics Holding. According to the industry distribution chart, Horizon Kinetics Holding ranks #501 out of 511 companies in the Asset Management industry, placing it in the top 98%.
Is Horizon Kinetics Holding's EV-to-EBITDA too high?
Horizon Kinetics Holding's current EV-to-EBITDA is 358.54. The Asset Management industry median EV-to-EBITDA is 8.74. Horizon Kinetics Holding's value of 358.54 is 4002.3% above this industry median. Based on the distribution chart, Horizon Kinetics Holding ranks #501 out of 511 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Horizon Kinetics Holding has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Horizon Kinetics Holding's EV-to-EBITDA compare to GAMI and IQI?
According to the Asset Management industry distribution chart, Horizon Kinetics Holding ranks #501 out of 511 companies for EV-to-EBITDA. This places Horizon Kinetics Holding in the lower half of its industry. The industry median EV-to-EBITDA is 8.74. Horizon Kinetics Holding's value of 358.54 is 4002.3% above 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 8.74, based on 511 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. Horizon Kinetics Holding's current EV-to-EBITDA of 358.54 is 4002.3% 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 Horizon Kinetics Holding. For the Asset Management industry, the median EV-to-EBITDA is 8.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Kinetics Holding's current EV-to-EBITDA is 358.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Kinetics Holding stock overvalued right now?
Based on GuruFocus' analysis, Horizon Kinetics Holding (HKHC) is currently considered Fairly Valued. The stock's GF Value™ is $28.40, compared to a current price of $26.50 — trading 6.7% below its estimated fair value. The current EV-to-EBITDA is 358.54 and 4002.3% above the Asset Management industry median of 8.74. Horizon Kinetics Holding's overall GF Score™ is 57/100 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 Horizon Kinetics Holding (HKHC), the current EV-to-EBITDA is 358.54 as of Aug. 18, 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 Horizon Kinetics Holding (HKHC) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Kinetics Holding stock appears to be undervalued. The current stock price of $26.50 is trading 6.7% below its estimated GF Value™ of $28.40. GuruFocus considers Horizon Kinetics Holding to be Fairly Valued.

Key valuation signals for HKHC:

  • EV-to-EBITDA: 358.54
  • GF Value™: $28.40 vs. price of $26.50 (6.7% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 4002.3% above the Asset Management median (#501 of 511)

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


Horizon Kinetics Holding Business Description

Address 470 Park Avenue S, New York, NY, USA, 10061
Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies. The fees earned, which include both management and performance fees, depend upon several factors, including the investment strategies, size of account and servicing needs. Geographically, the company operates in United States.
57GF Score

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

$26.50
Price
$28.40
GF Value