Dell-VMWare Tracking Stock (XTER:12D) EV-to-EBITDA: 8.44 (As of Aug. 26, 2026) — 36% Below Median

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What is Dell-VMWare Tracking Stock EV-to-EBITDA?

Dell-VMWare Tracking Stock XTER:12D EV-to-EBITDA is 8.44 as of Aug. 26, 2026, which is 36% below its 10-year median of 13.15.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Dell-VMWare Tracking Stock's enterprise value is €14,038.71 Mil. Dell-VMWare Tracking Stock's EBITDA for the trailing twelve months (TTM) ended in Oct. 2018 was €1,663.94 Mil. Therefore, Dell-VMWare Tracking Stock's EV-to-EBITDA for today is 8.44.

The historical rank and industry rank for Dell-VMWare Tracking Stock's EV-to-EBITDA or its related term are showing as below:

XTER:12D' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.8   Med: 13.15   Max: 33.3
Current: 10.85

During the past 2 years, the highest EV-to-EBITDA of Dell-VMWare Tracking Stock was 33.30. The lowest was 10.80. And the median was 13.15.

XTER:12D's EV-to-EBITDA is not ranked
in the Software industry.
Industry Median: 10.33 vs XTER:12D: 10.85

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 (2026-08-26), Dell-VMWare Tracking Stock's stock price is €0.00. Dell-VMWare Tracking Stock's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2018 was €0.000. Therefore, Dell-VMWare Tracking Stock's PE Ratio (TTM) for today is N/A.

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


Dell-VMWare Tracking Stock  (XTER:12D) 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.

Dell-VMWare Tracking Stock's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.00/0.000
=N/A

Dell-VMWare Tracking Stock's share price for today is €0.00.
Dell-VMWare Tracking Stock's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.000.

* 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?


Dell-VMWare Tracking Stock EV-to-EBITDA Related Terms


Dell-VMWare Tracking Stock EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dell-VMWare Tracking Stock'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.

Dell-VMWare Tracking Stock EV-to-EBITDA Chart

Dell-VMWare Tracking Stock Annual Data
Trend Jan17 Jan18
EV-to-EBITDA
-123.63 11.78

Dell-VMWare Tracking Stock Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only 20.76 11.78 11.12 12.51 11.90

XTER:12D vs CA, CTXS, PAGS: EV-to-EBITDA Comparison

For the Software - Infrastructure subindustry, Dell-VMWare Tracking Stock'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.


Dell-VMWare Tracking Stock EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Dell-VMWare Tracking Stock's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dell-VMWare Tracking Stock's EV-to-EBITDA falls into.



Dell-VMWare Tracking Stock EV-to-EBITDA Calculation

Dell-VMWare Tracking Stock's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=14038.707/1663.944
=8.44

Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil.
Dell-VMWare Tracking Stock's EBITDA for the trailing twelve months (TTM) ended in Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,663.94 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 8.44 mean?
Dell-VMWare Tracking Stock (XTER:12D) has a EV-to-EBITDA of 8.44 as of Aug. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Dell-VMWare Tracking Stock. This is 36% below median its historical median of 13.15. Over the past decade, Dell-VMWare Tracking Stock's EV-to-EBITDA has ranged from 10.80 to 33.30.
Is Dell-VMWare Tracking Stock's EV-to-EBITDA too high?
Dell-VMWare Tracking Stock's current EV-to-EBITDA of 8.44 is 36% below median its 10-year median of 13.15. Over the past 10 years, this metric has ranged from a low of 10.80 to a high of 33.30. The Software industry median EV-to-EBITDA is 10.33. Dell-VMWare Tracking Stock's value of 8.44 is 18.3% below this industry median.
How does Dell-VMWare Tracking Stock's EV-to-EBITDA compare to CA and CTXS?
Dell-VMWare Tracking Stock's EV-to-EBITDA of 8.44 can be compared against companies in the Software industry. The industry median EV-to-EBITDA is 10.33. Dell-VMWare Tracking Stock's value of 8.44 is 18.3% below this benchmark. Historically, Dell-VMWare Tracking Stock's own EV-to-EBITDA has ranged from 10.80 to 33.30 over the past decade. While the company's 10-year median is 13.15 vs. the industry median of 10.33, Dell-VMWare Tracking Stock 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 Software company?
The median EV-to-EBITDA among Software companies is 10.33, based on 1,967 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. Dell-VMWare Tracking Stock's current EV-to-EBITDA of 8.44 is 18.3% 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 Dell-VMWare Tracking Stock. For the Software industry, the median EV-to-EBITDA is 10.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell-VMWare Tracking Stock's current EV-to-EBITDA is 8.44, which is 36% below median its own 10-year median of 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell-VMWare Tracking Stock stock overvalued right now?
Dell-VMWare Tracking Stock (XTER:12D) has a current EV-to-EBITDA of 8.44. The current EV-to-EBITDA is 8.44, which is 36% below median its 10-year median of 13.15 and 18.3% below the Software industry median of 10.33. 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 Dell-VMWare Tracking Stock (XTER:12D), the current EV-to-EBITDA is 8.44 as of Aug. 26, 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.

Dell-VMWare Tracking Stock Business Description

Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.