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VBLMAL:VBL 64 EV-to-EBITDA is 21.30 as of Aug. 12, 2026, which is 35% above its 10-year median of 15.82. GuruFocus rates MAL:VBL with a GF Score™ of 64/100 and a GF Value™ of €0.15. The stock has 9 warning signs investors should review. Among 1,386 Real Estate companies, VBL ranks worse than 73.02% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, VBL's enterprise value is €70.71 Mil.
VBL's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €3.32 Mil. Therefore, VBL's EV-to-EBITDA for today is 21.30.
The historical rank and industry rank for VBL's EV-to-EBITDA or its related term are showing as below:
MAL:VBL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -3862.57 Med: 15.82 Max: 25.3
Current: 21.3
During the past 6 years, the highest EV-to-EBITDA of VBL was 25.30. The lowest was -3862.57. And the median was 15.82.
MAL:VBL's EV-to-EBITDA is ranked worse than 73.02% of 1386
companies
in the Real Estate industry
Industry Median: 12.16
vs MAL:VBL: 21.30
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 (2026-08-12), VBL's stock price is €0.228.
VBL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.006. Therefore, VBL's PE Ratio (TTM) for today is 38.00.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
VBL's share price for today is €0.228.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. VBL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.006.
* 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 VBL'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.
For the Real Estate - Diversified subindustry, VBL'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.
VBL EV-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, VBL's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where VBL's EV-to-EBITDA falls into.
VBL's current Enterprise Value is €70.71 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. VBL's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €3.32 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.
VBL (MAL:VBL) has a EV-to-EBITDA of 21.30 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on VBL. This is 35% above median its historical median of 15.82. According to the industry distribution chart, VBL ranks #1012 out of 1386 companies in the Real Estate industry, placing it in the top 73%.
Is VBL's EV-to-EBITDA too high?
VBL's current EV-to-EBITDA of 21.30 is 35% above median its 10-year median of 15.82. The Real Estate industry median EV-to-EBITDA is 12.16. VBL's value of 21.30 is 75.2% above this industry median. Based on the distribution chart, VBL ranks #1012 out of 1386 companies in the Real Estate industry, which is below the industry midpoint. Overall, VBL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does VBL's EV-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, VBL ranks #1012 out of 1386 companies for EV-to-EBITDA. This places VBL in the lower half of its industry. The industry median EV-to-EBITDA is 12.16. VBL's value of 21.30 is 75.2% above this benchmark. While the company's 10-year median is 15.82 vs. the industry median of 12.16, VBL 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 Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.16, based on 1,386 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. VBL's current EV-to-EBITDA of 21.30 is 75.2% 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 VBL. For the Real Estate industry, the median EV-to-EBITDA is 12.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBL's current EV-to-EBITDA is 21.30, which is 35% above median its own 10-year median of 15.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBL stock overvalued right now?
VBL (MAL:VBL) has a current EV-to-EBITDA of 21.30. The stock's GF Value™ is €0.15, compared to a current price of €0.23 — trading 52% above its estimated fair value. The current EV-to-EBITDA is 21.30, which is 35% above median its 10-year median of 15.82 and 75.2% above the Real Estate industry median of 12.16. VBL's overall GF Score™ is 64/100 with 9 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 VBL (MAL:VBL), the current EV-to-EBITDA is 21.30 as of Aug. 12, 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 VBL (MAL:VBL) Overvalued in 2026?
Based on GuruFocus' analysis, VBL stock appears to be overvalued.
The current stock price of €0.23 is trading 52% above its estimated GF Value™ of €0.15.
Key valuation signals for MAL:VBL:
EV-to-EBITDA: 21.30 (35% above median its 10-year median of 15.82)
GF Value™: €0.15 vs. price of €0.23 (52% above fair value)
Industry Position: 75.2% above the Real Estate median (#1012 of 1386)
No single metric tells the full story. See the MAL:VBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VBL PLC is a private owner of real estate in Valletta with a diversified portfolio of residential, hospitality, commercial, and office space. It is involved in property ownership and the full process of real estate acquisitions, integrated real estate development, property management, operations, utilisation (rental), and disposal of properties. Some of its projects include Palazzo Stella Valletta, Casa San Domenico, Orangery Phase 1, Silver Horse Phase 1 - The Gut, Dormitory, Palazzo Zoe, and Old Lodge. Its services include Hospitality Management, Property Management and Operations, and Development. The firm generates the majority of its revenue from Rental Income.
64GF 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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