poLight ASA (OSTO:PLTO) EV-to-EBITDA: -18.72 (As of Jul. 25, 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.

OSTO:PLTO poLight ASA OSTO:PLTO
44 GF Score
Price kr5.98
GF Value kr2.47
! 2 Warning Signs
View Full Analysis

What is poLight ASA EV-to-EBITDA?

poLight ASA OSTO:PLTO 44 EV-to-EBITDA is -18.72 as of Jul. 25, 2026. GuruFocus rates OSTO:PLTO with a GF Score™ of 44/100 and a GF Value™ of kr2.47. The stock has 2 warning signs investors should review. Among 1,896 Hardware companies, poLight ASA ranks worse than 52742.56% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, poLight ASA's enterprise value is kr1,910.61 Mil. poLight ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr-102.05 Mil. Therefore, poLight ASA's EV-to-EBITDA for today is -18.72.

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

OSTO:PLTo' s EV-to-EBITDA Range Over the Past 10 Years
Min: -56.62   Med: -9.55   Max: 0.41
Current: -18.72

During the past 12 years, the highest EV-to-EBITDA of poLight ASA was 0.41. The lowest was -56.62. And the median was -9.55.

OSTO:PLTo's EV-to-EBITDA is ranked worse than
100% of 1896 companies
in the Hardware industry
Industry Median: 15.07 vs OSTO:PLTo: -18.72

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 (2026-07-25), poLight ASA's stock price is kr5.98132. poLight ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr-0.590. Therefore, poLight ASA'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).


poLight ASA  (OSTO:PLTo) 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.

poLight ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.98132/-0.590
=At Loss

poLight ASA's share price for today is kr5.98132.
poLight ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.590.

* 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?


poLight ASA EV-to-EBITDA Related Terms


poLight ASA EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for poLight ASA'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.

poLight ASA EV-to-EBITDA Chart

poLight ASA 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 -43.24 -15.51 -17.39 -5.13 -10.64

poLight ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -4.76 -5.06 -7.33 -10.64 -8.60

OSTO:PLTO vs APH, GLW, TEL: EV-to-EBITDA Comparison

For the Electronic Components subindustry, poLight ASA'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.


poLight ASA EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, poLight ASA's EV-to-EBITDA distribution charts can be found below:

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


OSTO:PLTO
44GF Score
poLight ASA OSTO:PLTO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

poLight ASA EV-to-EBITDA Calculation

poLight ASA's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1910.606/-102.048
=-18.72

poLight ASA's current Enterprise Value is kr1,910.61 Mil.
poLight ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-102.05 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 -18.72 mean?
poLight ASA (OSTO:PLTO) has a EV-to-EBITDA of -18.72 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on poLight ASA. According to the industry distribution chart, poLight ASA ranks #999999 out of 1896 companies in the Hardware industry.
Is poLight ASA's EV-to-EBITDA too high?
poLight ASA's current EV-to-EBITDA is -18.72. Based on the distribution chart, poLight ASA ranks #999999 out of 1896 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, poLight ASA has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does poLight ASA's EV-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, poLight ASA ranks #999999 out of 1896 companies for EV-to-EBITDA. This places poLight ASA in the lower half of its industry. The industry median EV-to-EBITDA is 15.07. 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 Hardware company?
The median EV-to-EBITDA among Hardware companies is 15.07, based on 1,896 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 poLight ASA. For the Hardware industry, the median EV-to-EBITDA is 15.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. poLight ASA's current EV-to-EBITDA is -18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is poLight ASA stock overvalued right now?
poLight ASA (OSTO:PLTO) has a current EV-to-EBITDA of -18.72. The stock's GF Value™ is kr2.47, compared to a current price of kr5.98 — trading 142.2% above its estimated fair value. The current EV-to-EBITDA is -18.72. poLight ASA's overall GF Score™ is 44/100 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 poLight ASA (OSTO:PLTO), the current EV-to-EBITDA is -18.72 as of Jul. 25, 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 poLight ASA (OSTO:PLTO) Overvalued in 2026?

Based on GuruFocus' analysis, poLight ASA stock appears to be overvalued. The current stock price of kr5.98 is trading 142.2% above its estimated GF Value™ of kr2.47.

Key valuation signals for OSTO:PLTO:

  • EV-to-EBITDA: -18.72
  • GF Value™: kr2.47 vs. price of kr5.98 (142.2% above fair value)
  • GF Score™: 44/100 with 2 warning signs

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


poLight ASA Business Description

Other Exchanges PLT:Norway3OL0:Germany
Address Kjelleveien 21A, Tonsberg, NOR, 3125
poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company specializes in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. The Group has only one operating segment the TLens technology platform. Its geographical segments are the United States, Asia, and Europe.
44GF Score

Get the complete analysis for OSTO:PLTO

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

kr5.98
Price
kr2.47
GF Value