Vestas Wind Systems AS (WAR:VEST) EV-to-EBITDA: 17.07 (As of Jul. 31, 2026) — 15% Above Median

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WAR:VEST Vestas Wind Systems AS WAR:VEST
61 GF Score
Price zł101.95
GF Value zł93.59
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Vestas Wind Systems AS EV-to-EBITDA?

Vestas Wind Systems AS WAR:VEST 61 EV-to-EBITDA is 17.07 as of Jul. 31, 2026, which is 15% above its 10-year median of 14.81. GuruFocus rates WAR:VEST with a GF Score™ of 61/100 and a GF Value™ of zł93.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,479 Industrial Products companies, Vestas Wind Systems AS ranks worse than 54.82% 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 zł96,780 Mil. Vestas Wind Systems AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł5,668 Mil. Therefore, Vestas Wind Systems AS's EV-to-EBITDA for today is 17.07.

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: 14.81   Max: 832.68
Current: 17.25

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 14.81.

WAR:VEST's EV-to-EBITDA is ranked worse than
54.82% of 2479 companies
in the Industrial Products industry
Industry Median: 15.1 vs WAR:VEST: 17.25

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 (2026-07-31), Vestas Wind Systems AS's stock price is zł101.95. Vestas Wind Systems AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł3.687. Therefore, Vestas Wind Systems AS's PE Ratio (TTM) for today is 27.65.

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


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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=101.95/3.687
=27.65

Vestas Wind Systems AS's share price for today is zł101.95.
Vestas Wind Systems AS'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 zł3.687.

* 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?


Vestas Wind Systems AS EV-to-EBITDA Related Terms


Vestas Wind Systems AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems 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.

Vestas Wind Systems AS EV-to-EBITDA Chart

Vestas Wind Systems 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 20.65 -50.32 25.80 7.14 9.74

Vestas Wind Systems AS 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 12.76 10.55 11.15 9.74 19.04

WAR:VEST vs GEV, ETN, PH: EV-to-EBITDA Comparison

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.


WAR:VEST
61GF Score
Vestas Wind Systems AS WAR:VEST
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestas Wind Systems AS EV-to-EBITDA Calculation

Vestas Wind Systems AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=96779.859/5668.074
=17.07

Vestas Wind Systems AS's current Enterprise Value is zł96,780 Mil.
Vestas Wind Systems AS'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 zł5,668 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 17.07 mean?
Vestas Wind Systems AS (WAR:VEST) has a EV-to-EBITDA of 17.07 as of Jul. 31, 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 15% above median its historical median of 14.81. According to the industry distribution chart, Vestas Wind Systems AS ranks #1359 out of 2479 companies in the Industrial Products industry, placing it in the top 54.8%.
Is Vestas Wind Systems AS's EV-to-EBITDA too high?
Vestas Wind Systems AS's current EV-to-EBITDA of 17.07 is 15% above median its 10-year median of 14.81. The Industrial Products industry median EV-to-EBITDA is 15.10. Vestas Wind Systems AS's value of 17.07 is 13% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #1359 out of 2479 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Vestas Wind Systems AS has a GF Score™ of 61/100 and is considered Fairly Valued, 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 #1359 out of 2479 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 15.10. Vestas Wind Systems AS's value of 17.07 is 13% above this benchmark. While the company's 10-year median is 14.81 vs. the industry median of 15.10, 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 15.10, based on 2,479 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 17.07 is 13% 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 15.10 — 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 17.07, which is 15% above median its own 10-year median of 14.81. 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 Fairly Valued. The stock's GF Value™ is zł93.59, compared to a current price of zł101.95 — trading 8.9% above its estimated fair value. The current EV-to-EBITDA is 17.07, which is 15% above median its 10-year median of 14.81 and 13% above the Industrial Products industry median of 15.10. Vestas Wind Systems AS's overall GF Score™ is 61/100 with 4 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 17.07 as of Jul. 31, 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 zł101.95 is trading 8.9% above its estimated GF Value™ of zł93.59. GuruFocus considers Vestas Wind Systems AS to be Fairly Valued.

Key valuation signals for WAR:VEST:

  • EV-to-EBITDA: 17.07 (15% above median its 10-year median of 14.81)
  • GF Value™: zł93.59 vs. price of zł101.95 (8.9% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 13% above the Industrial Products median (#1359 of 2479)

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 Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
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.
61GF 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.

zł101.95
Price
zł93.59
GF Value