Hrvatski Telekom DD (ZAG:HT) EV-to-EBITDA: 6.22 (As of Jul. 29, 2026) — 79% 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.

ZAG:HT Hrvatski Telekom DD ZAG:HT
100 GF Score
Price €40.40
GF Value €41.32
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Hrvatski Telekom DD EV-to-EBITDA?

Hrvatski Telekom DD ZAG:HT -0.74% 100 EV-to-EBITDA is 6.22 as of Jul. 29, 2026, which is 79% below its 10-year median of 29.90. GuruFocus rates ZAG:HT with a GF Score™ of 100/100 and a GF Value™ of €41.32 (Fairly Valued). The stock has 3 warning signs investors should review. Among 314 Telecommunication Services companies, Hrvatski Telekom DD ranks better than 54.78% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hrvatski Telekom DD's enterprise value is €3,084 Mil. Hrvatski Telekom DD's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €496 Mil. Therefore, Hrvatski Telekom DD's EV-to-EBITDA for today is 6.22.

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

ZAG:HT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.04   Med: 29.9   Max: 41.47
Current: 6.22

During the past 13 years, the highest EV-to-EBITDA of Hrvatski Telekom DD was 41.47. The lowest was 4.04. And the median was 29.90.

ZAG:HT's EV-to-EBITDA is ranked better than
54.78% of 314 companies
in the Telecommunication Services industry
Industry Median: 6.84 vs ZAG:HT: 6.22

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 (2026-07-29), Hrvatski Telekom DD's stock price is €40.40. Hrvatski Telekom DD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €1.974. Therefore, Hrvatski Telekom DD's PE Ratio (TTM) for today is 20.47.

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


Hrvatski Telekom DD  (ZAG:HT) 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.

Hrvatski Telekom DD's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=40.40/1.974
=20.47

Hrvatski Telekom DD's share price for today is €40.40.
Hrvatski Telekom DD'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 €1.974.

* 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?


Hrvatski Telekom DD EV-to-EBITDA Related Terms


Hrvatski Telekom DD EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hrvatski Telekom DD'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.

Hrvatski Telekom DD EV-to-EBITDA Chart

Hrvatski Telekom DD 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 35.38 35.05 4.49 6.51 6.69

Hrvatski Telekom DD 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 6.86 6.78 6.69 5.74 6.36

ZAG:HT vs VZ, TMUS, T: EV-to-EBITDA Comparison

For the Telecom Services subindustry, Hrvatski Telekom DD'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.


Hrvatski Telekom DD EV-to-EBITDA vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hrvatski Telekom DD's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hrvatski Telekom DD's EV-to-EBITDA falls into.


ZAG:HT
100GF Score
Hrvatski Telekom DD ZAG:HT
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hrvatski Telekom DD EV-to-EBITDA Calculation

Hrvatski Telekom DD's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3083.927/495.7
=6.22

Hrvatski Telekom DD's current Enterprise Value is €3,084 Mil.
Hrvatski Telekom DD'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 €496 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 6.22 mean?
Hrvatski Telekom DD (ZAG:HT) has a EV-to-EBITDA of 6.22 as of Jul. 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 Hrvatski Telekom DD. This is 79% below median its historical median of 29.90. Over the past decade, Hrvatski Telekom DD's EV-to-EBITDA has ranged from 4.04 to 41.47. According to the industry distribution chart, Hrvatski Telekom DD ranks #142 out of 314 companies in the Telecommunication Services industry, placing it in the top 45.2%.
Is Hrvatski Telekom DD's EV-to-EBITDA too high?
Hrvatski Telekom DD's current EV-to-EBITDA of 6.22 is 79% below median its 10-year median of 29.90. Over the past 10 years, this metric has ranged from a low of 4.04 to a high of 41.47. The Telecommunication Services industry median EV-to-EBITDA is 6.84. Hrvatski Telekom DD's value of 6.22 is 9.1% below this industry median. Based on the distribution chart, Hrvatski Telekom DD ranks #142 out of 314 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Hrvatski Telekom DD has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hrvatski Telekom DD's EV-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Hrvatski Telekom DD ranks #142 out of 314 companies for EV-to-EBITDA. This puts Hrvatski Telekom DD in the upper half of its industry. The industry median EV-to-EBITDA is 6.84. Hrvatski Telekom DD's value of 6.22 is 9.1% below this benchmark. Historically, Hrvatski Telekom DD's own EV-to-EBITDA has ranged from 4.04 to 41.47 over the past decade. While the company's 10-year median is 29.90 vs. the industry median of 6.84, Hrvatski Telekom DD 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 Telecommunication Services company?
The median EV-to-EBITDA among Telecommunication Services companies is 6.84, based on 314 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. Hrvatski Telekom DD's current EV-to-EBITDA of 6.22 is 9.1% 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 Hrvatski Telekom DD. For the Telecommunication Services industry, the median EV-to-EBITDA is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hrvatski Telekom DD's current EV-to-EBITDA is 6.22, which is 79% below median its own 10-year median of 29.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hrvatski Telekom DD stock overvalued right now?
Based on GuruFocus' analysis, Hrvatski Telekom DD (ZAG:HT) is currently considered Fairly Valued. The stock's GF Value™ is €41.32, compared to a current price of €40.40 — trading 2.2% below its estimated fair value. The current EV-to-EBITDA is 6.22, which is 79% below median its 10-year median of 29.90 and 9.1% below the Telecommunication Services industry median of 6.84. Hrvatski Telekom DD's overall GF Score™ is 100/100 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 Hrvatski Telekom DD (ZAG:HT), the current EV-to-EBITDA is 6.22 as of Jul. 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 Hrvatski Telekom DD (ZAG:HT) Overvalued in 2026?

Based on GuruFocus' analysis, Hrvatski Telekom DD stock appears to be undervalued. The current stock price of €40.40 is trading 2.2% below its estimated GF Value™ of €41.32. GuruFocus considers Hrvatski Telekom DD to be Fairly Valued.

Key valuation signals for ZAG:HT:

  • EV-to-EBITDA: 6.22 (79% below median its 10-year median of 29.90)
  • GF Value™: €41.32 vs. price of €40.40 (2.2% below fair value)
  • GF Score™: 100/100 with 3 warning signs
  • Industry Position: 9.1% below the Telecommunication Services median (#142 of 314)

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


Hrvatski Telekom DD Business Description

Address Radnicka cesta 21, Zagreb, HRV, 10000
Hrvatski Telekom DD is a provider of telecommunication and digital services in the Republic of Croatia. It offers fixed and mobile telephony services as well as wholesale, Internet, and data. The company's business segments are Residential, Business, Other and Crnogorski Telekom. The majority of its revenue is derived from the Residential unit segment that includes marketing, sales, and customer services, focused on providing mobile, fixed-line telecommunications, electricity, and TV distribution and services to residential customers. Geographically, the company generates the majority of its revenue from the Republic of Croatia.
100GF Score

Get the complete analysis for ZAG:HT

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

€40.40
Price
€41.32
GF Value