Afry AB (OSTO:AFRY) EV-to-EBITDA: 5.81 (As of Aug. 02, 2026) — 49% 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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OSTO:AFRY Afry AB OSTO:AFRY
80 GF Score
Price kr102.80
GF Value kr147.03
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Afry AB EV-to-EBITDA?

Afry AB OSTO:AFRY -0.68% 80 EV-to-EBITDA is 5.81 as of Aug. 02, 2026, which is 49% below its 10-year median of 11.30. GuruFocus rates OSTO:AFRY with a GF Score™ of 80/100 and a GF Value™ of kr147.03 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,477 Construction companies, Afry AB ranks better than 71.83% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Afry AB's enterprise value is kr17,743 Mil. Afry AB's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was kr3,053 Mil. Therefore, Afry AB's EV-to-EBITDA for today is 5.81.

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

OSTO:AFRY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3   Med: 11.3   Max: 245.64
Current: 5.8

During the past 13 years, the highest EV-to-EBITDA of Afry AB was 245.64. The lowest was 3.00. And the median was 11.30.

OSTO:AFRY's EV-to-EBITDA is ranked better than
71.83% of 1477 companies
in the Construction industry
Industry Median: 8.99 vs OSTO:AFRY: 5.80

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 (2026-08-02), Afry AB's stock price is kr102.80. Afry AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr6.980. Therefore, Afry AB's PE Ratio (TTM) for today is 14.73.

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


Afry AB  (OSTO:AFRY) 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.

Afry AB's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=102.80/6.980
=14.73

Afry AB's share price for today is kr102.80.
Afry AB'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 kr6.980.

* 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?


Afry AB EV-to-EBITDA Related Terms


Afry AB EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Afry 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.

Afry AB EV-to-EBITDA Chart

Afry AB 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 14.51 11.46 8.12 8.02 10.14

Afry AB 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 7.33 7.47 10.14 6.48 5.87

OSTO:AFRY vs PWR, FIX, EME: EV-to-EBITDA Comparison

For the Engineering & Construction subindustry, Afry 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.


Afry AB EV-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Afry AB's EV-to-EBITDA distribution charts can be found below:

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


OSTO:AFRY
80GF Score
Afry AB OSTO:AFRY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afry AB EV-to-EBITDA Calculation

Afry AB's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=17743.279/3053
=5.81

Afry AB's current Enterprise Value is kr17,743 Mil.
Afry AB'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 kr3,053 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 5.81 mean?
Afry AB (OSTO:AFRY) has a EV-to-EBITDA of 5.81 as of Aug. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Afry AB. This is 49% below median its historical median of 11.30. Over the past decade, Afry AB's EV-to-EBITDA has ranged from 3.00 to 245.64. According to the industry distribution chart, Afry AB ranks #416 out of 1477 companies in the Construction industry, placing it in the top 28.2%.
Is Afry AB's EV-to-EBITDA too high?
Afry AB's current EV-to-EBITDA of 5.81 is 49% below median its 10-year median of 11.30. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 245.64. The Construction industry median EV-to-EBITDA is 8.99. Afry AB's value of 5.81 is 35.4% below this industry median. Based on the distribution chart, Afry AB ranks #416 out of 1477 companies in the Construction industry, which is above the industry midpoint. Overall, Afry AB has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Afry AB's EV-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Afry AB ranks #416 out of 1477 companies for EV-to-EBITDA. This puts Afry AB in the upper half of its industry. The industry median EV-to-EBITDA is 8.99. Afry AB's value of 5.81 is 35.4% below this benchmark. Historically, Afry AB's own EV-to-EBITDA has ranged from 3.00 to 245.64 over the past decade. While the company's 10-year median is 11.30 vs. the industry median of 8.99, Afry AB has consistently been below 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 Construction company?
The median EV-to-EBITDA among Construction companies is 8.99, based on 1,477 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. Afry AB's current EV-to-EBITDA of 5.81 is 35.4% below 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 Afry AB. For the Construction industry, the median EV-to-EBITDA is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afry AB's current EV-to-EBITDA is 5.81, which is 49% below median its own 10-year median of 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (OSTO:AFRY) is currently considered Possible Value Trap. The stock's GF Value™ is kr147.03, compared to a current price of kr102.80 — trading 30.1% below its estimated fair value. The current EV-to-EBITDA is 5.81, which is 49% below median its 10-year median of 11.30 and 35.4% below the Construction industry median of 8.99. Afry AB's overall GF Score™ is 80/100 with 5 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 Afry AB (OSTO:AFRY), the current EV-to-EBITDA is 5.81 as of Aug. 02, 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 Afry AB (OSTO:AFRY) Overvalued in 2026?

Based on GuruFocus' analysis, Afry AB stock appears to be undervalued. The current stock price of kr102.80 is trading 30.1% below its estimated GF Value™ of kr147.03. GuruFocus considers Afry AB to be Possible Value Trap.

Key valuation signals for OSTO:AFRY:

  • EV-to-EBITDA: 5.81 (49% below median its 10-year median of 11.30)
  • GF Value™: kr147.03 vs. price of kr102.80 (30.1% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 35.4% below the Construction median (#416 of 1477)

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


Afry AB Business Description

Address Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
80GF Score

Get the complete analysis for OSTO:AFRY

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

kr102.80
Price
kr147.03
GF Value