Tivoli AS (OCSE:TIV) EV-to-EBITDA: 15.43 (As of Aug. 20, 2026) — 16% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OCSE:TIV Tivoli AS OCSE:TIV
77 GF Score
Price kr630.00
GF Value kr668.46
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Tivoli AS EV-to-EBITDA?

Tivoli AS OCSE:TIV 77 EV-to-EBITDA is 15.43 as of Aug. 20, 2026, which is 16% below its 10-year median of 18.45. GuruFocus rates OCSE:TIV with a GF Score™ of 77/100 and a GF Value™ of kr668.46 (Fairly Valued). The stock has 3 warning signs investors should review. Among 701 Travel & Leisure companies, Tivoli AS ranks worse than 71.18% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tivoli AS's enterprise value is kr4,027 Mil. Tivoli AS's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was kr261 Mil. Therefore, Tivoli AS's EV-to-EBITDA for today is 15.43.

The historical rank and industry rank for Tivoli AS's EV-to-EBITDA or its related term are showing as below:

OCSE:TIV' s EV-to-EBITDA Range Over the Past 10 Years
Min: -154.01   Med: 18.45   Max: 53478.12
Current: 15.43

During the past 13 years, the highest EV-to-EBITDA of Tivoli AS was 53478.12. The lowest was -154.01. And the median was 18.45.

OCSE:TIV's EV-to-EBITDA is ranked worse than
71.18% of 701 companies
in the Travel & Leisure industry
Industry Median: 9.66 vs OCSE:TIV: 15.43

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 (2026-08-20), Tivoli AS's stock price is kr630.00. Tivoli AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr17.766. Therefore, Tivoli AS's PE Ratio (TTM) for today is 35.46.

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


Tivoli AS  (OCSE:TIV) 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.

Tivoli AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=630.00/17.766
=35.46

Tivoli AS's share price for today is kr630.00.
Tivoli 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 kr17.766.

* 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?


Tivoli AS EV-to-EBITDA Related Terms


Tivoli AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tivoli 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.

Tivoli AS EV-to-EBITDA Chart

Tivoli 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 57.98 21.35 18.73 14.69 12.98

Tivoli 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 15.00 15.02 12.98 14.43 15.38

OCSE:TIV vs AS, HAS, LTH: EV-to-EBITDA Comparison

For the Leisure subindustry, Tivoli 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.


Tivoli AS EV-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tivoli AS's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tivoli AS's EV-to-EBITDA falls into.


OCSE:TIV
77GF Score
Tivoli AS OCSE:TIV
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tivoli AS EV-to-EBITDA Calculation

Tivoli AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4026.696/261
=15.43

Tivoli AS's current Enterprise Value is kr4,027 Mil.
Tivoli 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 kr261 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 15.43 mean?
Tivoli AS (OCSE:TIV) has a EV-to-EBITDA of 15.43 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tivoli AS. This is 16% below median its historical median of 18.45. According to the industry distribution chart, Tivoli AS ranks #499 out of 701 companies in the Travel & Leisure industry, placing it in the top 71.2%.
Is Tivoli AS's EV-to-EBITDA too high?
Tivoli AS's current EV-to-EBITDA of 15.43 is 16% below median its 10-year median of 18.45. The Travel & Leisure industry median EV-to-EBITDA is 9.66. Tivoli AS's value of 15.43 is 59.7% above this industry median. Based on the distribution chart, Tivoli AS ranks #499 out of 701 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Tivoli AS has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tivoli AS's EV-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tivoli AS ranks #499 out of 701 companies for EV-to-EBITDA. This places Tivoli AS in the lower half of its industry. The industry median EV-to-EBITDA is 9.66. Tivoli AS's value of 15.43 is 59.7% above this benchmark. While the company's 10-year median is 18.45 vs. the industry median of 9.66, Tivoli AS 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 Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.66, based on 701 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. Tivoli AS's current EV-to-EBITDA of 15.43 is 59.7% 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 Tivoli AS. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tivoli AS's current EV-to-EBITDA is 15.43, which is 16% below median its own 10-year median of 18.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivoli AS stock overvalued right now?
Based on GuruFocus' analysis, Tivoli AS (OCSE:TIV) is currently considered Fairly Valued. The stock's GF Value™ is kr668.46, compared to a current price of kr630.00 — trading 5.8% below its estimated fair value. The current EV-to-EBITDA is 15.43, which is 16% below median its 10-year median of 18.45 and 59.7% above the Travel & Leisure industry median of 9.66. Tivoli AS's overall GF Score™ is 77/100 with 3 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 Tivoli AS (OCSE:TIV), the current EV-to-EBITDA is 15.43 as of Aug. 20, 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 Tivoli AS (OCSE:TIV) Overvalued in 2026?

Based on GuruFocus' analysis, Tivoli AS stock appears to be undervalued. The current stock price of kr630.00 is trading 5.8% below its estimated GF Value™ of kr668.46. GuruFocus considers Tivoli AS to be Fairly Valued.

Key valuation signals for OCSE:TIV:

  • EV-to-EBITDA: 15.43 (16% below median its 10-year median of 18.45)
  • GF Value™: kr668.46 vs. price of kr630.00 (5.8% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 59.7% above the Travel & Leisure median (#499 of 701)

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


Tivoli AS Business Description

Address Vesterbrogade 3, Copenhagen, DNK, 1630
Tivoli AS operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, and a circus. The company operates in six business segments: Games, Food & Beverage, High-End, Enterprise Rental, Sales, and Culture. It generates the majority of its revenue from the Sales segment.
77GF Score

Get the complete analysis for OCSE:TIV

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

kr630.00
Price
kr668.46
GF Value