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Cardeon ABNGM:CARDEO -1.85% EV-to-EBITDA is -3.23 as of Aug. 03, 2026. The stock has 4 warning signs investors should review. Among 512 Asset Management companies, Cardeon AB ranks worse than 195312.3% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cardeon AB's enterprise value is kr44.95 Mil.
Cardeon AB's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-13.91 Mil. Therefore, Cardeon AB's EV-to-EBITDA for today is -3.23.
The historical rank and industry rank for Cardeon AB's EV-to-EBITDA or its related term are showing as below:
NGM:CARDEO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -63.22 Med: -1.14 Max: -0.29
Current: -3.23
During the past 9 years, the highest EV-to-EBITDA of Cardeon AB was -0.29. The lowest was -63.22. And the median was -1.14.
NGM:CARDEO's EV-to-EBITDA is ranked worse than 100% of 512
companies
in the Asset Management industry
Industry Median: 8.725
vs NGM:CARDEO: -3.23
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.
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.
Cardeon AB's share price for today is kr0.053.
Cardeon AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.017.
* 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 Cardeon AB'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.
NGM:CARDEO vs BLK, BX, KKR: EV-to-EBITDA Comparison
For the Asset Management subindustry, Cardeon AB'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.
Cardeon AB EV-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Cardeon AB's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cardeon AB's EV-to-EBITDA falls into.
Cardeon AB's current Enterprise Value is kr44.95 Mil.
Cardeon AB's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-13.91 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.
Cardeon AB (NGM:CARDEO) has a EV-to-EBITDA of -3.23 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cardeon AB. According to the industry distribution chart, Cardeon AB ranks #999999 out of 512 companies in the Asset Management industry.
Is Cardeon AB's EV-to-EBITDA too high?
Cardeon AB's current EV-to-EBITDA is -3.23. Based on the distribution chart, Cardeon AB ranks #999999 out of 512 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Cardeon AB's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Cardeon AB ranks #999999 out of 512 companies for EV-to-EBITDA. This places Cardeon AB in the lower half of its industry. The industry median EV-to-EBITDA is 8.73. 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 8.73, based on 512 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. 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 Cardeon AB. For the Asset Management industry, the median EV-to-EBITDA is 8.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardeon AB's current EV-to-EBITDA is -3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardeon AB stock overvalued right now?
Based on GuruFocus' analysis, Cardeon AB (NGM:CARDEO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.01, compared to a current price of kr0.05 — trading 430% above its estimated fair value. The current EV-to-EBITDA is -3.23. 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 Cardeon AB (NGM:CARDEO), the current EV-to-EBITDA is -3.23 as of Aug. 03, 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.
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