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.
Implenia AGXSWX:IMPN -3.27%58 EV-to-EBITDA is 2.02 as of Jul. 24, 2026, which is 169% above its 10-year median of 0.75. GuruFocus rates XSWX:IMPN with a GF Score™ of 58/100 and a GF Value™ of CHF35.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,481 Construction companies, Implenia AG ranks better than 93.05% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Implenia AG's enterprise value is CHF547 Mil.
Implenia AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was CHF270 Mil. Therefore, Implenia AG's EV-to-EBITDA for today is 2.02.
The historical rank and industry rank for Implenia AG's EV-to-EBITDA or its related term are showing as below:
XSWX:IMPN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -4.55 Med: 0.75 Max: 42.03
Current: 2.02
During the past 13 years, the highest EV-to-EBITDA of Implenia AG was 42.03. The lowest was -4.55. And the median was 0.75.
XSWX:IMPN's EV-to-EBITDA is ranked better than 93.05% of 1481
companies
in the Construction industry
Industry Median: 9.04
vs XSWX:IMPN: 2.02
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Implenia AG (XSWX:IMPN) 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.
Implenia AG's PE Ratio (TTM) for today is calculated as:
Implenia AG's share price for today is CHF65.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Implenia AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was CHF4.530.
* 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).
The historical data trend for Implenia AG'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.
XSWX:IMPN vs PWR, FIX, EME: EV-to-EBITDA Comparison
For the Engineering & Construction subindustry, Implenia AG'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.
Implenia AG EV-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Implenia AG's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Implenia AG's EV-to-EBITDA falls into.
Implenia AG's current Enterprise Value is CHF547 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Implenia AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was CHF270 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.
Implenia AG (XSWX:IMPN) has a EV-to-EBITDA of 2.02 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Implenia AG. This is 169% above median its historical median of 0.75. According to the industry distribution chart, Implenia AG ranks #103 out of 1481 companies in the Construction industry, placing it in the top 7%.
Is Implenia AG's EV-to-EBITDA too high?
Implenia AG's current EV-to-EBITDA of 2.02 is 169% above median its 10-year median of 0.75. The Construction industry median EV-to-EBITDA is 9.04. Implenia AG's value of 2.02 is 77.7% below this industry median. Based on the distribution chart, Implenia AG ranks #103 out of 1481 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Implenia AG has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Implenia AG's EV-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Implenia AG ranks #103 out of 1481 companies for EV-to-EBITDA. This places Implenia AG in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.04. Implenia AG's value of 2.02 is 77.7% below this benchmark. While the company's 10-year median is 0.75 vs. the industry median of 9.04, Implenia AG 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 9.04, based on 1,481 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. Implenia AG's current EV-to-EBITDA of 2.02 is 77.7% 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 Implenia AG. For the Construction industry, the median EV-to-EBITDA is 9.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Implenia AG's current EV-to-EBITDA is 2.02, which is 169% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Implenia AG stock overvalued right now?
Based on GuruFocus' analysis, Implenia AG (XSWX:IMPN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF35.32, compared to a current price of CHF65.00 — trading 84% above its estimated fair value. The current EV-to-EBITDA is 2.02, which is 169% above median its 10-year median of 0.75 and 77.7% below the Construction industry median of 9.04. Implenia AG's overall GF Score™ is 58/100 with 3 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 Implenia AG (XSWX:IMPN), the current EV-to-EBITDA is 2.02 as of Jul. 24, 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 Implenia AG (XSWX:IMPN) Overvalued in 2026?
Based on GuruFocus' analysis, Implenia AG stock appears to be overvalued.
The current stock price of CHF65.00 is trading 84% above its estimated GF Value™ of CHF35.32.
GuruFocus considers Implenia AG to be Significantly Overvalued.
Key valuation signals for XSWX:IMPN:
EV-to-EBITDA: 2.02 (169% above median its 10-year median of 0.75)
GF Value™: CHF35.32 vs. price of CHF65.00 (84% above fair value)
Industry Position: 77.7% below the Construction median (#103 of 1481)
No single metric tells the full story. See the XSWX:IMPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Implenia AG is a construction service company. The company operates through four business segments: Buildings, Civil engineering, and Service Solutions. The company's projects include complex new construction, modernization work on existing properties, tunnel construction, civil engineering, and others. The company generates majority of its revenue from Civil engineering segments, and more than half of its revenue is earned in Switzerland.
58GF Score
Get the complete analysis for XSWX:IMPN
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
XSWX:IMPN has been successfully added to your 
