T Tuborg Bira Ve Maltnayii AS (IST:TBORG) EV-to-EBITDA: 2.59 (As of Sep. 07, 2026) — 31% Below Median

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IST:TBORG T Tuborg Bira Ve Malt Sanayii AS IST:TBORG
93 GF Score
Price ₺139.60
GF Value ₺216.43
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is T Tuborg Bira Ve Maltnayii AS EV-to-EBITDA?

T Tuborg Bira Ve Maltnayii AS IST:TBORG -2.92% 93 EV-to-EBITDA is 2.59 as of Sep. 07, 2026, which is 31% below its 10-year median of 3.78. GuruFocus rates IST:TBORG with a GF Score™ of 93/100 and a GF Value™ of ₺216.43 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 163 Beverages - Alcoholic companies, T Tuborg Bira Ve Maltnayii AS ranks better than 96.93% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, T Tuborg Bira Ve Maltnayii AS's enterprise value is ₺43,400 Mil. T Tuborg Bira Ve Maltnayii AS's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₺16,765 Mil. Therefore, T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA for today is 2.59.

The historical rank and industry rank for T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA or its related term are showing as below:

IST:TBORG' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.76   Med: 3.78   Max: 8.61
Current: 2.59

During the past 13 years, the highest EV-to-EBITDA of T Tuborg Bira Ve Maltnayii AS was 8.61. The lowest was 1.76. And the median was 3.78.

IST:TBORG's EV-to-EBITDA is ranked better than
96.93% of 163 companies
in the Beverages - Alcoholic industry
Industry Median: 10.65 vs IST:TBORG: 2.59

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 (2026-09-07), T Tuborg Bira Ve Maltnayii AS's stock price is ₺139.60. T Tuborg Bira Ve Maltnayii AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₺9.549. Therefore, T Tuborg Bira Ve Maltnayii AS's PE Ratio (TTM) for today is 14.62.

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


T Tuborg Bira Ve Maltnayii AS  (IST:TBORG) 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.

T Tuborg Bira Ve Maltnayii AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=139.60/9.549
=14.62

T Tuborg Bira Ve Maltnayii AS's share price for today is ₺139.60.
T Tuborg Bira Ve Maltnayii AS'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 ₺9.549.

* 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?


T Tuborg Bira Ve Maltnayii AS EV-to-EBITDA Related Terms


T Tuborg Bira Ve Maltnayii AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for T Tuborg Bira Ve Maltnayii 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.

T Tuborg Bira Ve Maltnayii AS EV-to-EBITDA Chart

T Tuborg Bira Ve Maltnayii AS 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 2.59 3.38 3.05 3.19 4.51

T Tuborg Bira Ve Maltnayii AS 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 2.55 2.30 4.51 2.86 2.43

IST:TBORG vs STZ, TAP: EV-to-EBITDA Comparison

For the Beverages - Brewers subindustry, T Tuborg Bira Ve Maltnayii 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.


T Tuborg Bira Ve Maltnayii AS EV-to-EBITDA vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA falls into.


IST:TBORG
93GF Score
T Tuborg Bira Ve Malt Sanayii AS IST:TBORG
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T Tuborg Bira Ve Maltnayii AS EV-to-EBITDA Calculation

T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=43399.775/16765.342
=2.59

T Tuborg Bira Ve Maltnayii AS's current Enterprise Value is ₺43,400 Mil.
T Tuborg Bira Ve Maltnayii AS'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 ₺16,765 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 2.59 mean?
T Tuborg Bira Ve Maltnayii AS (IST:TBORG) has a EV-to-EBITDA of 2.59 as of Sep. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on T Tuborg Bira Ve Maltnayii AS. This is 31% below median its historical median of 3.78. Over the past decade, T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA has ranged from 1.76 to 8.61. According to the industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #5 out of 163 companies in the Beverages - Alcoholic industry, placing it in the top 3.1%.
Is T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA too high?
T Tuborg Bira Ve Maltnayii AS's current EV-to-EBITDA of 2.59 is 31% below median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 8.61. The Beverages - Alcoholic industry median EV-to-EBITDA is 10.65. T Tuborg Bira Ve Maltnayii AS's value of 2.59 is 75.7% below this industry median. Based on the distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #5 out of 163 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, T Tuborg Bira Ve Maltnayii AS has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does T Tuborg Bira Ve Maltnayii AS's EV-to-EBITDA compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #5 out of 163 companies for EV-to-EBITDA. This places T Tuborg Bira Ve Maltnayii AS in the top 3% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.65. T Tuborg Bira Ve Maltnayii AS's value of 2.59 is 75.7% below this benchmark. Historically, T Tuborg Bira Ve Maltnayii AS's own EV-to-EBITDA has ranged from 1.76 to 8.61 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 10.65, T Tuborg Bira Ve Maltnayii 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 Beverages - Alcoholic company?
The median EV-to-EBITDA among Beverages - Alcoholic companies is 10.65, based on 163 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. T Tuborg Bira Ve Maltnayii AS's current EV-to-EBITDA of 2.59 is 75.7% 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 T Tuborg Bira Ve Maltnayii AS. For the Beverages - Alcoholic industry, the median EV-to-EBITDA is 10.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T Tuborg Bira Ve Maltnayii AS's current EV-to-EBITDA is 2.59, which is 31% below median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T Tuborg Bira Ve Maltnayii AS stock overvalued right now?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS (IST:TBORG) is currently considered Possible Value Trap. The stock's GF Value™ is ₺216.43, compared to a current price of ₺139.60 — trading 35.5% below its estimated fair value. The current EV-to-EBITDA is 2.59, which is 31% below median its 10-year median of 3.78 and 75.7% below the Beverages - Alcoholic industry median of 10.65. T Tuborg Bira Ve Maltnayii AS's overall GF Score™ is 93/100 with 10 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG), the current EV-to-EBITDA is 2.59 as of Sep. 07, 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Overvalued in 2026?

Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS stock appears to be undervalued. The current stock price of ₺139.60 is trading 35.5% below its estimated GF Value™ of ₺216.43. GuruFocus considers T Tuborg Bira Ve Maltnayii AS to be Possible Value Trap.

Key valuation signals for IST:TBORG:

  • EV-to-EBITDA: 2.59 (31% below median its 10-year median of 3.78)
  • GF Value™: ₺216.43 vs. price of ₺139.60 (35.5% below fair value)
  • GF Score™: 93/100 with 10 warning signs
  • Industry Position: 75.7% below the Beverages - Alcoholic median (#5 of 163)

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


T Tuborg Bira Ve Maltnayii AS Business Description

Address Kemalpasa Street, No. 258, Isikkent Bornova, Izmir, TUR, 35070
T Tuborg Bira Ve Malt Sanayii AS produces, sells, and distributes beer and malt to domestic and international markets. Its products are sold under the brand names Tuborg, Carlsberg, Frederik, Troy, and others.
93GF Score

Get the complete analysis for IST:TBORG

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

₺139.60
Price
₺216.43
GF Value