Xerox Holdings (XTER:XER2) EV-to-EBITDA: 12.12 (As of Aug. 29, 2026) — 32% Above Median

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XTER:XER2 Xerox Holdings Corp XTER:XER2
59 GF Score
Price €13.85
GF Value €41.81
! 7 Warning Signs
View Full Analysis

What is Xerox Holdings EV-to-EBITDA?

Xerox Holdings XTER:XER2 59 EV-to-EBITDA is 12.12 as of Aug. 29, 2026, which is 32% above its 10-year median of 9.16. GuruFocus rates XTER:XER2 with a GF Score™ of 59/100 and a GF Value™ of €41.81. The stock has 7 warning signs investors should review. Among 2,490 Industrial Products companies, Xerox Holdings ranks better than 58.67% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Xerox Holdings's enterprise value is €3,743 Mil. Xerox Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €309 Mil. Therefore, Xerox Holdings's EV-to-EBITDA for today is 12.12.

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

XTER:XER2' s EV-to-EBITDA Range Over the Past 10 Years
Min: -138.02   Med: 9.16   Max: 161.34
Current: 12.25

During the past 13 years, the highest EV-to-EBITDA of Xerox Holdings was 161.34. The lowest was -138.02. And the median was 9.16.

XTER:XER2's EV-to-EBITDA is ranked better than
58.67% of 2490 companies
in the Industrial Products industry
Industry Median: 15.7 vs XTER:XER2: 12.25

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 (2026-08-29), Xerox Holdings's stock price is €13.854. Xerox Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-6.299. Therefore, Xerox Holdings's PE Ratio (TTM) for today is At Loss.

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


Xerox Holdings  (XTER:XER2) 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.

Xerox Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.854/-6.299
=At Loss

Xerox Holdings's share price for today is €13.854.
Xerox Holdings'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 €-6.299.

* 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?


Xerox Holdings EV-to-EBITDA Related Terms


Xerox Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Xerox Holdings'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.

Xerox Holdings EV-to-EBITDA Chart

Xerox Holdings 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 -129.01 150.51 18.66 -5.21 50.49

Xerox Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -5.52 52.11 50.49 24.20 12.27

XTER:XER2 vs ACCO, ACTG, EBF: EV-to-EBITDA Comparison

For the Business Equipment & Supplies subindustry, Xerox Holdings'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.


Xerox Holdings EV-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xerox Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xerox Holdings's EV-to-EBITDA falls into.


XTER:XER2
59GF Score
Xerox Holdings Corp XTER:XER2
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xerox Holdings EV-to-EBITDA Calculation

Xerox Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3743.127/308.719
=12.12

Xerox Holdings's current Enterprise Value is €3,743 Mil.
Xerox Holdings'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 €309 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 12.12 mean?
Xerox Holdings (XTER:XER2) has a EV-to-EBITDA of 12.12 as of Aug. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Xerox Holdings. This is 32% above median its historical median of 9.16. According to the industry distribution chart, Xerox Holdings ranks #1029 out of 2490 companies in the Industrial Products industry, placing it in the top 41.3%.
Is Xerox Holdings' EV-to-EBITDA too high?
Xerox Holdings' current EV-to-EBITDA of 12.12 is 32% above median its 10-year median of 9.16. The Industrial Products industry median EV-to-EBITDA is 15.70. Xerox Holdings' value of 12.12 is 22.8% below this industry median. Based on the distribution chart, Xerox Holdings ranks #1029 out of 2490 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Xerox Holdings has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Xerox Holdings' EV-to-EBITDA compare to ACCO and ACTG?
According to the Industrial Products industry distribution chart, Xerox Holdings ranks #1029 out of 2490 companies for EV-to-EBITDA. This puts Xerox Holdings in the upper half of its industry. The industry median EV-to-EBITDA is 15.70. Xerox Holdings' value of 12.12 is 22.8% below this benchmark. While the company's 10-year median is 9.16 vs. the industry median of 15.70, Xerox Holdings 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 Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.70, based on 2,490 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. Xerox Holdings's current EV-to-EBITDA of 12.12 is 22.8% 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 Xerox Holdings. For the Industrial Products industry, the median EV-to-EBITDA is 15.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xerox Holdings's current EV-to-EBITDA is 12.12, which is 32% above median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xerox Holdings stock overvalued right now?
Xerox Holdings (XTER:XER2) has a current EV-to-EBITDA of 12.12. The stock's GF Value™ is €41.81, compared to a current price of €13.85 — trading 66.9% below its estimated fair value. The current EV-to-EBITDA is 12.12, which is 32% above median its 10-year median of 9.16 and 22.8% below the Industrial Products industry median of 15.70. Xerox Holdings' overall GF Score™ is 59/100 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 Xerox Holdings (XTER:XER2), the current EV-to-EBITDA is 12.12 as of Aug. 29, 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 Xerox Holdings (XTER:XER2) Overvalued in 2026?

Based on GuruFocus' analysis, Xerox Holdings stock appears to be undervalued. The current stock price of €13.85 is trading 66.9% below its estimated GF Value™ of €41.81.

Key valuation signals for XTER:XER2:

  • EV-to-EBITDA: 12.12 (32% above median its 10-year median of 9.16)
  • GF Value™: €41.81 vs. price of €13.85 (66.9% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 22.8% below the Industrial Products median (#1029 of 2490)

No single metric tells the full story. See the XTER:XER2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xerox Holdings Business Description

Address 401 MERRITT 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056
Xerox Holdings Corp is a workplace technology company, building and integrating services-led, software-enabled, workplace solutions for enterprises large and small. It provide advance document technology, services, software, and integrated IT infrastructure solutions for a range of customers including small and mid-sized businesses, large enterprises, governments and graphic communications providers, and for partners who serve them. Xerox serves customers globally in North America, Europe, Latin America, Brazil, Asia Pacific (APAC), the Middle East, Africa, and India.
59GF Score

Get the complete analysis for XTER:XER2

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

€13.85
Price
€41.81
GF Value