Third Age Health Services (NZSE:TAH) EV-to-EBITDA: 10.51 (As of Sep. 14, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NZSE:TAH Third Age Health Services Ltd NZSE:TAH
88 GF Score
Price NZ$4.65
GF Value NZ$3.54
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Third Age Health Services EV-to-EBITDA?

Third Age Health Services NZSE:TAH 88 EV-to-EBITDA is 10.51 as of Sep. 14, 2026, which is 8% below its 10-year median of 11.42. GuruFocus rates NZSE:TAH with a GF Score™ of 88/100 and a GF Value™ of NZ$3.54 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 518 Healthcare Providers & Services companies, Third Age Health Services ranks worse than 50.97% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Third Age Health Services's enterprise value is NZ$47.19 Mil. Third Age Health Services's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$4.49 Mil. Therefore, Third Age Health Services's EV-to-EBITDA for today is 10.51.

The historical rank and industry rank for Third Age Health Services's EV-to-EBITDA or its related term are showing as below:

NZSE:TAH' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.41   Med: 11.42   Max: 17.19
Current: 10.51

During the past 6 years, the highest EV-to-EBITDA of Third Age Health Services was 17.19. The lowest was 5.41. And the median was 11.42.

NZSE:TAH's EV-to-EBITDA is ranked worse than
50.97% of 518 companies
in the Healthcare Providers & Services industry
Industry Median: 10.395 vs NZSE:TAH: 10.51

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 (2026-09-14), Third Age Health Services's stock price is NZ$4.65. Third Age Health Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$0.227. Therefore, Third Age Health Services's PE Ratio (TTM) for today is 20.48.

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


Third Age Health Services  (NZSE:TAH) 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.

Third Age Health Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.65/0.227
=20.48

Third Age Health Services's share price for today is NZ$4.65.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Third Age Health Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$0.227.

* 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?


Third Age Health Services EV-to-EBITDA Related Terms


Third Age Health Services EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Third Age Health Services'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.

Third Age Health Services EV-to-EBITDA Chart

Third Age Health Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 16.35 12.85 6.42 7.47 9.00

Third Age Health Services Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 6.42 0.00 7.47 9.00

NZSE:TAH vs HCA, THC, EHC: EV-to-EBITDA Comparison

For the Medical Care Facilities subindustry, Third Age Health Services'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.


Third Age Health Services EV-to-EBITDA vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's EV-to-EBITDA falls into.


NZSE:TAH
88GF Score
Third Age Health Services Ltd NZSE:TAH
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Third Age Health Services EV-to-EBITDA Calculation

Third Age Health Services's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=47.191/4.492
=10.51

Third Age Health Services's current Enterprise Value is NZ$47.19 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Third Age Health Services's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$4.49 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 10.51 mean?
Third Age Health Services (NZSE:TAH) has a EV-to-EBITDA of 10.51 as of Sep. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Third Age Health Services. This is near median its historical median of 11.42. Over the past decade, Third Age Health Services' EV-to-EBITDA has ranged from 5.41 to 17.19. According to the industry distribution chart, Third Age Health Services ranks #264 out of 518 companies in the Healthcare Providers & Services industry, placing it in the top 51%.
Is Third Age Health Services' EV-to-EBITDA too high?
Third Age Health Services' current EV-to-EBITDA of 10.51 is near median its 10-year median of 11.42. Over the past 10 years, this metric has ranged from a low of 5.41 to a high of 17.19. The Healthcare Providers & Services industry median EV-to-EBITDA is 10.40. Third Age Health Services' value of 10.51 is 1.1% above this industry median. Based on the distribution chart, Third Age Health Services ranks #264 out of 518 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Third Age Health Services has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Third Age Health Services' EV-to-EBITDA compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Third Age Health Services ranks #264 out of 518 companies for EV-to-EBITDA. This places Third Age Health Services in the lower half of its industry. The industry median EV-to-EBITDA is 10.40. Third Age Health Services' value of 10.51 is 1.1% above this benchmark. Historically, Third Age Health Services' own EV-to-EBITDA has ranged from 5.41 to 17.19 over the past decade. While the company's 10-year median is 11.42 vs. the industry median of 10.40, Third Age Health Services 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 Healthcare Providers & Services company?
The median EV-to-EBITDA among Healthcare Providers & Services companies is 10.40, based on 518 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. Third Age Health Services's current EV-to-EBITDA of 10.51 is 1.1% 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 Third Age Health Services. For the Healthcare Providers & Services industry, the median EV-to-EBITDA is 10.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Age Health Services's current EV-to-EBITDA is 10.51, which is near median its own 10-year median of 11.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Age Health Services stock overvalued right now?
Based on GuruFocus' analysis, Third Age Health Services (NZSE:TAH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$3.54, compared to a current price of NZ$4.65 — trading 31.4% above its estimated fair value. The current EV-to-EBITDA is 10.51, which is near median its 10-year median of 11.42 and 1.1% above the Healthcare Providers & Services industry median of 10.40. Third Age Health Services' overall GF Score™ is 88/100 with 2 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 Third Age Health Services (NZSE:TAH), the current EV-to-EBITDA is 10.51 as of Sep. 14, 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 Third Age Health Services (NZSE:TAH) Overvalued in 2026?

Based on GuruFocus' analysis, Third Age Health Services stock appears to be overvalued. The current stock price of NZ$4.65 is trading 31.4% above its estimated GF Value™ of NZ$3.54. GuruFocus considers Third Age Health Services to be Significantly Overvalued.

Key valuation signals for NZSE:TAH:

  • EV-to-EBITDA: 10.51 (near median its 10-year median of 11.42)
  • GF Value™: NZ$3.54 vs. price of NZ$4.65 (31.4% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 1.1% above the Healthcare Providers & Services median (#264 of 518)

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


Third Age Health Services Business Description

Address 536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. The services offered by the company include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover. The company segment includes: Aged medical residential care services, being the provision of medical care services to the aged care sector. General practice medical services, being the provision of primary care services to the community.
88GF Score

Get the complete analysis for NZSE:TAH

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

NZ$4.65
Price
NZ$3.54
GF Value