Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) EV-to-EBITDA: 2.86 (As of Jul. 27, 2026) — Near Median

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IST:FORTE Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
61 GF Score
Price ₺106.40
! 8 Warning Signs
View Full Analysis

What is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS EV-to-EBITDA?

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS IST:FORTE +3.10% 61 EV-to-EBITDA is 2.86 as of Jul. 27, 2026, which is at its 10-year median of 2.86. GuruFocus rates IST:FORTE with a GF Score™ of 61/100. The stock has 8 warning signs investors should review. Among 1,958 Software companies, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks better than 89.94% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's enterprise value is ₺8,845 Mil. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺3,097 Mil. Therefore, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EV-to-EBITDA for today is 2.86.

The historical rank and industry rank for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EV-to-EBITDA or its related term are showing as below:

IST:FORTE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -66.75   Med: 2.86   Max: 315.79
Current: 2.86

During the past 6 years, the highest EV-to-EBITDA of Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS was 315.79. The lowest was -66.75. And the median was 2.86.

IST:FORTE's EV-to-EBITDA is ranked better than
89.94% of 1958 companies
in the Software industry
Industry Median: 10.28 vs IST:FORTE: 2.86

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 (2026-07-27), Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's stock price is ₺106.40. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺34.866. Therefore, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's PE Ratio (TTM) for today is 3.05.

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


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS  (IST:FORTE) 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=106.40/34.866
=3.05

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's share price for today is ₺106.40.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺34.866.

* 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?


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS EV-to-EBITDA Related Terms


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS EV-to-EBITDA Chart

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 0.00 471.96 2.31

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 94.60 31.59 2.56 2.31 2.87

IST:FORTE vs QH, SHOP, UBER: EV-to-EBITDA Comparison

For the Software - Application subindustry, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EV-to-EBITDA falls into.


IST:FORTE
61GF Score
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS EV-to-EBITDA Calculation

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8845.067/3097.47
=2.86

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Enterprise Value is ₺8,845 Mil.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺3,097 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 2.86 mean?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a EV-to-EBITDA of 2.86 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS. This is near median its historical median of 2.86. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #197 out of 1958 companies in the Software industry, placing it in the top 10.1%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EV-to-EBITDA too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current EV-to-EBITDA of 2.86 is near median its 10-year median of 2.86. The Software industry median EV-to-EBITDA is 10.28. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.86 is 72.2% below this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #197 out of 1958 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's EV-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #197 out of 1958 companies for EV-to-EBITDA. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the top 10% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.28. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.86 is 72.2% below this benchmark. While the company's 10-year median is 2.86 vs. the industry median of 10.28, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has consistently been below 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 10.28, based on 1,958 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current EV-to-EBITDA of 2.86 is 72.2% 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS. For the Software industry, the median EV-to-EBITDA is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current EV-to-EBITDA is 2.86, which is near median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current EV-to-EBITDA of 2.86. The current EV-to-EBITDA is 2.86, which is near median its 10-year median of 2.86 and 72.2% below the Software industry median of 10.28. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current EV-to-EBITDA is 2.86 as of Jul. 27, 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description

Address Mustafa Kemal Neighbourhood 2123. Street, Cepa Site Shopping Center No:2/501 Cankaya, Ankara, TUR
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score

Get the complete analysis for IST:FORTE

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

₺106.40
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