Ace Digital AS (OSL:ACED) EV-to-EBITDA: -0.46 (As of Aug. 16, 2026)

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.

OSL:ACED Ace Digital AS OSL:ACED
12 GF Score
Price kr0.33
! 3 Warning Signs
View Full Analysis

What is Ace Digital AS EV-to-EBITDA?

Ace Digital AS OSL:ACED -6.86% 12 EV-to-EBITDA is -0.46 as of Aug. 16, 2026. GuruFocus rates OSL:ACED with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 511 Capital Markets companies, Ace Digital AS ranks worse than 195694.52% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ace Digital AS's enterprise value is kr13.40 Mil. Ace Digital AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-29.30 Mil. Therefore, Ace Digital AS's EV-to-EBITDA for today is -0.46.

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

OSL:ACED' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1.81   Med: -0.92   Max: 43.69
Current: -0.46

During the past 4 years, the highest EV-to-EBITDA of Ace Digital AS was 43.69. The lowest was -1.81. And the median was -0.92.

OSL:ACED's EV-to-EBITDA is ranked worse than
100% of 511 companies
in the Capital Markets industry
Industry Median: 9.35 vs OSL:ACED: -0.46

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 (2026-08-16), Ace Digital AS's stock price is kr0.326. Ace Digital AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was kr-0.189. Therefore, Ace Digital AS's PE Ratio (TTM) for today is At Loss.

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


Ace Digital AS  (OSL:ACED) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.326/-0.189
=At Loss

Ace Digital AS's share price for today is kr0.326.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ace Digital AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was kr-0.189.

* 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?


Ace Digital AS EV-to-EBITDA Related Terms


Ace Digital AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ace Digital 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.

Ace Digital AS EV-to-EBITDA Chart

Ace Digital AS Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 0.00 0.00 -1.12

Ace Digital AS Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA 0.00 0.00 0.00 -1.12

OSL:ACED vs MS, GS, SCHW: EV-to-EBITDA Comparison

For the Capital Markets subindustry, Ace Digital 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.


Ace Digital AS EV-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ace Digital AS's EV-to-EBITDA distribution charts can be found below:

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


OSL:ACED
12GF Score
Ace Digital AS OSL:ACED
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ace Digital AS EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=13.400/-29.301
=-0.46

Ace Digital AS's current Enterprise Value is kr13.40 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ace Digital AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-29.30 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 -0.46 mean?
Ace Digital AS (OSL:ACED) has a EV-to-EBITDA of -0.46 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ace Digital AS. According to the industry distribution chart, Ace Digital AS ranks #999999 out of 511 companies in the Capital Markets industry.
Is Ace Digital AS's EV-to-EBITDA too high?
Ace Digital AS's current EV-to-EBITDA is -0.46. Based on the distribution chart, Ace Digital AS ranks #999999 out of 511 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Ace Digital AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ace Digital AS's EV-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, Ace Digital AS ranks #999999 out of 511 companies for EV-to-EBITDA. This places Ace Digital AS in the lower half of its industry. The industry median EV-to-EBITDA is 9.35. 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 Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 9.35, based on 511 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 Ace Digital AS. For the Capital Markets industry, the median EV-to-EBITDA is 9.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ace Digital AS's current EV-to-EBITDA is -0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Digital AS stock overvalued right now?
Ace Digital AS (OSL:ACED) has a current EV-to-EBITDA of -0.46. The current EV-to-EBITDA is -0.46. Ace Digital AS's overall GF Score™ is 12/100 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 Ace Digital AS (OSL:ACED), the current EV-to-EBITDA is -0.46 as of Aug. 16, 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.

Ace Digital AS Business Description

Address Haakon VIIs gate 1, Oslo, NOR, 0161
Ace Digital AS is an investment holding company. The company focuses on investing in and managing businesses in the Bitcoin ecosystem. The company's purpose is to be an attractive way to participate in that thesis - through a structure designed to do more than hold Bitcoin passively. It is building a Bitcoin platform. The company uses Bitcoin as a main asset while offering products and services.
12GF Score

Get the complete analysis for OSL:ACED

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

kr0.33
Price