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.
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.
Vestas Wind Systems ASWAR:VEST 63 EV-to-EBITDA is 15.72 as of Sep. 15, 2026, which is 6% above its 10-year median of 14.83. GuruFocus rates WAR:VEST with a GF Score™ of 63/100 and a GF Value™ of zł105.55 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,465 Industrial Products companies, Vestas Wind Systems AS ranks worse than 52.62% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Vestas Wind Systems AS's enterprise value is zł116,098 Mil.
Vestas Wind Systems AS's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was zł7,384 Mil. Therefore, Vestas Wind Systems AS's EV-to-EBITDA for today is 15.72.
The historical rank and industry rank for Vestas Wind Systems AS's EV-to-EBITDA or its related term are showing as below:
WAR:VEST'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -109.75 Med: 14.83 Max: 832.68
Current: 15.92
During the past 13 years, the highest EV-to-EBITDA of Vestas Wind Systems AS was 832.68. The lowest was -109.75. And the median was 14.83.
WAR:VEST's EV-to-EBITDA is ranked worse than 52.62% of 2465
companies
in the Industrial Products industry
Industry Median: 15.06
vs WAR:VEST: 15.92
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.
Vestas Wind Systems AS (WAR:VEST) 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.
Vestas Wind Systems AS's PE Ratio (TTM) for today is calculated as:
Vestas Wind Systems AS's share price for today is zł123.15.
Vestas Wind Systems 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 zł4.736.
* 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).
* 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.
For the Specialty Industrial Machinery subindustry, Vestas Wind Systems 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.
Vestas Wind Systems AS EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Vestas Wind Systems AS's EV-to-EBITDA falls into.
Vestas Wind Systems AS's current Enterprise Value is zł116,098 Mil.
Vestas Wind Systems 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 zł7,384 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.
Vestas Wind Systems AS (WAR:VEST) has a EV-to-EBITDA of 15.72 as of Sep. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Vestas Wind Systems AS. This is near median its historical median of 14.83. According to the industry distribution chart, Vestas Wind Systems AS ranks #1297 out of 2465 companies in the Industrial Products industry, placing it in the top 52.6%.
Is Vestas Wind Systems AS's EV-to-EBITDA too high?
Vestas Wind Systems AS's current EV-to-EBITDA of 15.72 is near median its 10-year median of 14.83. The Industrial Products industry median EV-to-EBITDA is 15.06. Vestas Wind Systems AS's value of 15.72 is 4.4% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #1297 out of 2465 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Vestas Wind Systems AS has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's EV-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #1297 out of 2465 companies for EV-to-EBITDA. This places Vestas Wind Systems AS in the lower half of its industry. The industry median EV-to-EBITDA is 15.06. Vestas Wind Systems AS's value of 15.72 is 4.4% above this benchmark. While the company's 10-year median is 14.83 vs. the industry median of 15.06, Vestas Wind Systems 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 an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.06, based on 2,465 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. Vestas Wind Systems AS's current EV-to-EBITDA of 15.72 is 4.4% 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 Vestas Wind Systems AS. For the Industrial Products industry, the median EV-to-EBITDA is 15.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current EV-to-EBITDA is 15.72, which is near median its own 10-year median of 14.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (WAR:VEST) is currently considered Modestly Overvalued. The stock's GF Value™ is zł105.55, compared to a current price of zł123.15 — trading 16.7% above its estimated fair value. The current EV-to-EBITDA is 15.72, which is near median its 10-year median of 14.83 and 4.4% above the Industrial Products industry median of 15.06. Vestas Wind Systems AS's overall GF Score™ is 63/100 with 7 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 Vestas Wind Systems AS (WAR:VEST), the current EV-to-EBITDA is 15.72 as of Sep. 15, 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 Vestas Wind Systems AS (WAR:VEST) Overvalued in 2026?
Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be overvalued.
The current stock price of zł123.15 is trading 16.7% above its estimated GF Value™ of zł105.55.
GuruFocus considers Vestas Wind Systems AS to be Modestly Overvalued.
Key valuation signals for WAR:VEST:
EV-to-EBITDA: 15.72 (near median its 10-year median of 14.83)
GF Value™: zł105.55 vs. price of zł123.15 (16.7% above fair value)
Industry Position: 4.4% above the Industrial Products median (#1297 of 2465)
No single metric tells the full story. See the WAR:VEST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
63GF Score
Get the complete analysis for WAR:VEST
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:VEST has been successfully added to your 
