Synergon Holding AD (XBUL:SNRG) EV-to-EBITDA: 4.06 (As of Sep. 01, 2026) — 39% Below Median

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.

XBUL:SNRG Synergon Holding AD XBUL:SNRG
40 GF Score
Price €0.55
GF Value €0.88
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Synergon Holding AD EV-to-EBITDA?

Synergon Holding AD XBUL:SNRG -1.79% 40 EV-to-EBITDA is 4.06 as of Sep. 01, 2026, which is 39% below its 10-year median of 6.63. GuruFocus rates XBUL:SNRG with a GF Score™ of 40/100 and a GF Value™ of €0.88 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 514 Asset Management companies, Synergon Holding AD ranks better than 74.71% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Synergon Holding AD's enterprise value is €37.7 Mil. Synergon Holding AD's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €9.3 Mil. Therefore, Synergon Holding AD's EV-to-EBITDA for today is 4.06.

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

XBUL:SNRG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -193.43   Med: 6.63   Max: 217.2
Current: 4.06

During the past 13 years, the highest EV-to-EBITDA of Synergon Holding AD was 217.20. The lowest was -193.43. And the median was 6.63.

XBUL:SNRG's EV-to-EBITDA is ranked better than
74.71% of 514 companies
in the Asset Management industry
Industry Median: 8.4 vs XBUL:SNRG: 4.06

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 (2026-09-01), Synergon Holding AD's stock price is €0.55. Synergon Holding AD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.113. Therefore, Synergon Holding AD's PE Ratio (TTM) for today is 4.87.

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


Synergon Holding AD  (XBUL:SNRG) 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.

Synergon Holding AD's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.55/0.113
=4.87

Synergon Holding AD's share price for today is €0.55.
Synergon Holding AD'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 €0.113.

* 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?


Synergon Holding AD EV-to-EBITDA Related Terms


Synergon Holding AD EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Synergon Holding AD'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.

Synergon Holding AD EV-to-EBITDA Chart

Synergon Holding AD 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 33.72 1.76 2.56 6.59 3.71

Synergon Holding AD 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 3.69 4.54 4.43 3.71 3.84

XBUL:SNRG vs BLK, BX, KKR: EV-to-EBITDA Comparison

For the Asset Management subindustry, Synergon Holding AD'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.


Synergon Holding AD EV-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Synergon Holding AD's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Synergon Holding AD's EV-to-EBITDA falls into.


XBUL:SNRG
40GF Score
Synergon Holding AD XBUL:SNRG
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synergon Holding AD EV-to-EBITDA Calculation

Synergon Holding AD's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=37.689/9.277
=4.06

Synergon Holding AD's current Enterprise Value is €37.7 Mil.
Synergon Holding AD'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 €9.3 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 4.06 mean?
Synergon Holding AD (XBUL:SNRG) has a EV-to-EBITDA of 4.06 as of Sep. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Synergon Holding AD. This is 39% below median its historical median of 6.63. According to the industry distribution chart, Synergon Holding AD ranks #130 out of 514 companies in the Asset Management industry, placing it in the top 25.3%.
Is Synergon Holding AD's EV-to-EBITDA too high?
Synergon Holding AD's current EV-to-EBITDA of 4.06 is 39% below median its 10-year median of 6.63. The Asset Management industry median EV-to-EBITDA is 8.40. Synergon Holding AD's value of 4.06 is 51.7% below this industry median. Based on the distribution chart, Synergon Holding AD ranks #130 out of 514 companies in the Asset Management industry, which is above the industry midpoint. Overall, Synergon Holding AD has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Synergon Holding AD's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Synergon Holding AD ranks #130 out of 514 companies for EV-to-EBITDA. This puts Synergon Holding AD in the upper half of its industry. The industry median EV-to-EBITDA is 8.40. Synergon Holding AD's value of 4.06 is 51.7% below this benchmark. While the company's 10-year median is 6.63 vs. the industry median of 8.40, Synergon Holding AD 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 an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.40, based on 514 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. Synergon Holding AD's current EV-to-EBITDA of 4.06 is 51.7% 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 Synergon Holding AD. For the Asset Management industry, the median EV-to-EBITDA is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synergon Holding AD's current EV-to-EBITDA is 4.06, which is 39% below median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synergon Holding AD stock overvalued right now?
Based on GuruFocus' analysis, Synergon Holding AD (XBUL:SNRG) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.88, compared to a current price of €0.55 — trading 37.5% below its estimated fair value. The current EV-to-EBITDA is 4.06, which is 39% below median its 10-year median of 6.63 and 51.7% below the Asset Management industry median of 8.40. Synergon Holding AD's overall GF Score™ is 40/100 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 Synergon Holding AD (XBUL:SNRG), the current EV-to-EBITDA is 4.06 as of Sep. 01, 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 Synergon Holding AD (XBUL:SNRG) Overvalued in 2026?

Based on GuruFocus' analysis, Synergon Holding AD stock appears to be undervalued. The current stock price of €0.55 is trading 37.5% below its estimated GF Value™ of €0.88. GuruFocus considers Synergon Holding AD to be Significantly Undervalued.

Key valuation signals for XBUL:SNRG:

  • EV-to-EBITDA: 4.06 (39% below median its 10-year median of 6.63)
  • GF Value™: €0.88 vs. price of €0.55 (37.5% below fair value)
  • GF Score™: 40/100 with 2 warning signs
  • Industry Position: 51.7% below the Asset Management median (#130 of 514)

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


Synergon Holding AD Business Description

Address 2 Solunska Street, Sofia, BGR, 1000
Synergon Holding AD is engaged in acquisition, management, valuation and sales of stake, patents, and bonds in Bulgaria and internationally. The company is also engaged in providing tourist services, hotel and restaurant services.
40GF Score

Get the complete analysis for XBUL:SNRG

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

€0.55
Price
€0.88
GF Value