Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 22.90x is 20% above its estimated 5-year average of 19.03x, near the low end of its estimated 5-year range (0.21x–18898.94x).
As of 2026-10-06T13:30:50.480Z. 99.62% below its estimated 12-month average of 6094.48x.
Calculation as of: 2026-10-06T13:30:50.480Z.
Quote observation: 2026-10-05T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 035fa15f63f00cf62cb994e0c2a3c24ab07da9e65a31da1117516f284779ab93
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBITDA RATIO
22.90x
EV/EBITDA RATIO AVG TTM
6094.48x
EV/EBITDA RATIO AVG 3Y
6094.48x
EV/EBITDA RATIO AVG 5Y
19.03x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-99.62%
CURRENT VS 3Y AVG
-99.62%
CURRENT VS 5Y AVG
+20.35%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
12.16x
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+88.24%
vs the sector median at left
BT Brands, Inc.
Market Cap
$11.63M
EV/EBITDA Ratio
22.90x
TTM Avg
6094.48x
3Y Avg
6094.48x
5Y Avg
19.03x
Market Cap
$12.77M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.48M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.98M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.12M
EV/EBITDA Ratio
6.49x
TTM Avg
102.18x
3Y Avg
66.42x
5Y Avg
49.80x
Market Cap
$8.49M
EV/EBITDA Ratio
N/A
TTM Avg
17.11x
3Y Avg
18.41x
5Y Avg
14.75x
Market Cap
$7.84M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.22M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.63M
EV/EBITDA Ratio
8.89x
TTM Avg
10.45x
3Y Avg
13.23x
5Y Avg
13.11x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BT Brands, Inc. (BTBD) | $11.63M | 22.90x | 6094.48x | 6094.48x | 19.03x |
| Dogness (International) Corporation (DOGZ)vs › | $12.77M | N/A | N/A | N/A | N/A |
| Cenntro Electric Group Limited (CENN)vs › | $9.48M | N/A | N/A | N/A | N/A |
| Fort Technology Inc. Common Shares (FRTT)vs › | $8.98M | N/A | N/A | N/A | N/A |
| FGI Industries Ltd. (FGI)vs › | $15.12M | 6.49x | 102.18x | 66.42x | 49.80x |
| America's Car-Mart, Inc. (CRMT)vs › | $8.49M | N/A | 17.11x | 18.41x | 14.75x |
| Digital Currency X Technology Inc. (DCX)vs › | $7.84M | N/A | N/A | N/A | N/A |
| Atlas Trinity Tech Limited (ATTT)vs › | $15.22M | N/A | N/A | N/A | N/A |
| Good Times Restaurants Inc. (GTIM)vs › | $15.63M | 8.89x | 10.45x | 13.23x | 13.11x |
| Ark Restaurants Corp. (ARKR)vs › | $16.26M | 1487.83x | 340.21x | 303.76x | 129.62x |
At 22.9, EV/EBITDA is near its estimated 5-year median — higher than 59% of readings in its estimated 5-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 5-year low
0.2
median
18.6
estimated 5-year high
18898.9
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-10-05 | 22.86x |
| 2026-10-02 | 22.74x |
| 2026-10-01 | 22.49x |
| 2026-09-30 | 22.61x |
| 2026-09-29 | 22.49x |
| 2026-09-28 | 22.98x |
| 2026-09-25 | 23.58x |
| 2026-09-24 | 22.74x |
| 2026-09-23 | 22.37x |
| 2026-09-22 | 21.53x |
| 2026-09-21 | 21.16x |
| 2026-09-18 | 21.89x |
| 2026-09-17 | 20.68x |
| 2026-09-16 | 20.68x |
| 2026-09-15 | 20.92x |
| 2026-09-14 | 21.65x |
| 2026-09-11 | 21.16x |
| 2026-09-10 | 21.53x |
| 2026-09-09 | 21.77x |
| 2026-09-08 | 22.49x |
| 2026-09-04 | 22.13x |
| 2026-09-03 | 20.80x |
| 2026-09-02 | 18.50x |
| 2026-09-01 | 18.26x |
| 2026-08-31 | 18.62x |
| 2026-08-28 | 18.02x |
| 2026-08-27 | 17.29x |
| 2026-08-26 | 16.69x |
| 2026-08-25 | 16.57x |
| 2026-08-24 | 16.33x |
| 2026-08-21 | 15.97x |
| 2026-08-20 | 15.36x |
| 2026-08-19 | 15.60x |
| 2026-08-18 | 15.36x |
| 2026-08-17 | 32.31x |
| 2026-08-14 | 33.30x |
| 2026-08-13 | 33.69x |
| 2026-08-12 | 33.10x |
| 2026-08-11 | 33.89x |
| 2026-08-10 | 32.90x |
| 2026-08-07 | 32.31x |
| 2026-08-06 | 32.31x |
| 2026-08-05 | 31.92x |
| 2026-08-04 | 32.51x |
| 2026-08-03 | 31.52x |
| 2026-07-31 | 31.52x |
| 2026-07-30 | 31.32x |
| 2026-07-29 | 29.35x |
| 2026-07-28 | 31.92x |
| 2026-07-27 | 30.73x |
| 2026-07-24 | 30.34x |
| 2026-07-23 | 30.34x |
| 2026-07-22 | 30.73x |
| 2026-07-21 | 30.34x |
| 2026-07-20 | 30.14x |
| 2026-07-17 | 30.14x |
| 2026-07-16 | 30.73x |
| 2026-07-15 | 31.72x |
| 2026-07-14 | 30.93x |
| 2026-07-13 | 30.14x |
| 2026-07-10 | 30.14x |
| 2026-07-09 | 28.95x |
| 2026-07-08 | 28.75x |
| 2026-07-07 | 29.35x |
| 2026-07-06 | 29.35x |
| 2026-07-02 | 29.54x |
| 2026-07-01 | 29.54x |
| 2026-06-30 | 29.35x |
| 2026-06-29 | 30.14x |
| 2026-06-26 | 28.95x |
| 2026-06-25 | 29.15x |
| 2026-06-24 | 29.74x |
| 2026-06-23 | 28.95x |
| 2026-06-22 | 29.15x |
| 2026-06-18 | 30.53x |
| 2026-06-17 | 30.73x |
| 2026-06-16 | 30.93x |
| 2026-06-15 | 31.52x |
| 2026-06-12 | 31.13x |
| 2026-06-11 | 31.13x |
| 2026-06-10 | 30.73x |
| 2026-06-09 | 31.32x |
| 2026-06-08 | 31.13x |
| 2026-06-05 | 30.73x |
| 2026-06-04 | 31.52x |
| 2026-06-03 | 31.72x |
| 2026-06-02 | 31.32x |
| 2026-06-01 | 30.73x |
| 2026-05-29 | 30.53x |
| 2026-05-28 | 30.93x |
| 2026-05-27 | 30.34x |
| 2026-05-26 | 30.34x |
| 2026-05-22 | 31.32x |
| 2026-05-21 | 31.13x |
| 2026-05-20 | 29.94x |
| 2026-05-19 | 29.54x |
| 2026-05-18 | 29.74x |
| 2026-05-15 | 29.54x |
| 2026-05-14 | 30.14x |
| 2026-05-13 | 30.14x |
| 2026-05-12 | 29.74x |
| 2026-05-11 | 29.94x |
| 2026-05-08 | 30.73x |
| 2026-05-07 | 42.98x |
| 2026-05-06 | 43.18x |
| 2026-05-05 | 43.38x |
| 2026-05-04 | 43.77x |
| 2026-05-01 | 46.74x |
| 2026-04-30 | 44.96x |
| 2026-04-29 | 52.67x |
| 2026-04-28 | 49.11x |
| 2026-04-27 | 43.18x |
| 2026-04-24 | 44.37x |
| 2026-04-23 | 44.17x |
| 2026-04-22 | 46.74x |
| 2026-04-21 | 45.55x |
| 2026-04-20 | 52.67x |
| 2026-04-17 | 51.08x |
| 2026-04-16 | 48.32x |
| 2026-04-15 | 43.97x |
| 2026-04-14 | 42.79x |
| 2026-04-13 | 41.99x |
| 2026-04-10 | 40.22x |
| 2026-04-09 | 42.98x |
| 2026-04-08 | 45.35x |
| 2026-04-07 | 46.74x |
| 2026-04-06 | 49.50x |
| 2026-04-02 | 56.23x |
| 2026-04-01 | 53.12x |
| 2026-03-31 | 18058.28x |
| 2026-03-30 | 16759.07x |
| 2026-03-27 | 17370.46x |
| 2026-03-26 | 17752.58x |
| 2026-03-25 | 18898.94x |
| 2026-03-24 | 15536.29x |
| 2026-03-23 | 15918.41x |
| 2026-03-20 | 14695.63x |
| 2026-03-19 | 15307.02x |
| 2026-03-18 | 15383.45x |
| 2026-03-17 | 15459.87x |
| 2026-03-16 | 16224.11x |
| 2026-03-13 | 15765.57x |
| 2026-03-12 | 15689.14x |
| 2026-03-11 | 15459.87x |
| 2026-03-10 | 16224.11x |
| 2026-03-09 | 17676.16x |
| 2026-03-06 | 16453.38x |
| 2026-03-05 | 15154.18x |
| 2026-03-04 | 14695.63x |
| 2026-03-03 | 14389.94x |
| 2026-03-02 | 14237.09x |
| 2026-02-27 | 14542.79x |
| 2026-02-26 | 14619.21x |
| 2026-02-25 | 14695.63x |
| 2026-02-24 | 14619.21x |
| 2026-02-23 | 14772.06x |
| 2026-02-20 | 14772.06x |
| 2026-02-19 | 15001.33x |
| 2026-02-18 | 14848.48x |
| 2026-02-17 | 14772.06x |
| 2026-02-13 | 13931.40x |
| 2026-02-12 | 13625.70x |
| 2026-02-11 | 14007.82x |
| 2026-02-10 | 13854.97x |
| 2026-02-09 | 14466.36x |
| 2026-02-06 | 14313.51x |
| 2026-02-05 | 13931.40x |
| 2026-02-04 | 14389.94x |
| 2026-02-03 | 14466.36x |
| 2026-02-02 | 14848.48x |
| 2026-01-30 | 14848.48x |
| 2026-01-29 | 14924.90x |
| 2026-01-28 | 15383.45x |
| 2026-01-27 | 16071.26x |
| 2026-01-26 | 16376.95x |
| 2026-01-23 | 16911.92x |
| 2026-01-22 | 16606.23x |
| 2026-01-21 | 15994.84x |
| 2026-01-20 | 16071.26x |
| 2026-01-16 | 15918.41x |
| 2026-01-15 | 16224.11x |
| 2026-01-14 | 16147.68x |
| 2026-01-13 | 15918.41x |
| 2026-01-12 | 16147.68x |
| 2026-01-09 | 16529.80x |
| 2026-01-08 | 16224.11x |
| 2026-01-07 | 15841.99x |
| 2026-01-06 | 15994.84x |
| 2026-01-05 | 15230.60x |
| 2026-01-02 | 15765.57x |
| 2025-12-31 | 15307.02x |
| 2025-12-30 | 15383.45x |
| 2025-12-29 | 15536.29x |
| 2025-12-26 | 15689.14x |
| 2025-12-24 | 15612.72x |
| 2025-12-23 | 15459.87x |
| 2025-12-22 | 14772.06x |
| 2025-12-19 | 15077.75x |
| 2025-12-18 | 15383.45x |
| 2025-12-17 | 15307.02x |
| 2025-12-16 | 16300.53x |
| 2025-12-15 | 16071.26x |
| 2025-12-12 | 16453.38x |
| 2025-12-11 | 16529.80x |
| 2025-12-10 | 16682.65x |
| 2025-12-09 | 16529.80x |
| 2025-12-08 | 16759.07x |
| 2025-12-05 | 16835.50x |
| 2025-12-04 | 16606.23x |
| 2025-12-03 | 16376.95x |
| 2025-12-02 | 16529.80x |
| 2023-05-17 | 357.63x |
| 2023-05-16 | 367.11x |
| 2023-05-15 | 367.11x |
| 2023-05-12 | 367.11x |
| 2023-05-11 | 367.11x |
| 2023-05-10 | 366.89x |
| 2023-05-09 | 366.86x |
| 2023-05-08 | 386.09x |
| 2023-05-05 | 381.06x |
| 2023-05-04 | 347.03x |
| 2023-05-03 | 347.03x |
| 2023-05-02 | 370.46x |
| 2023-05-01 | 364.88x |
| 2023-04-28 | 386.09x |
| 2023-04-27 | 358.19x |
| 2023-04-26 | 378.27x |
| 2023-04-25 | 340.33x |
| 2023-04-24 | 340.33x |
| 2023-04-21 | 370.46x |
| 2023-04-20 | 370.46x |
| 2023-04-19 | 383.85x |
| 2023-04-18 | 24.75x |
| 2023-04-17 | 24.12x |
| 2023-04-14 | 24.01x |
| 2023-04-13 | 27.13x |
| 2023-04-12 | 29.00x |
| 2023-04-11 | 30.38x |
| 2023-04-10 | 28.38x |
| 2023-04-06 | 26.00x |
| 2023-04-05 | 27.88x |
| 2023-04-04 | 26.63x |
| 2023-04-03 | 30.13x |
| 2023-03-31 | 31.63x |
| 2023-03-30 | 31.63x |
| 2023-03-29 | 30.38x |
| 2023-03-28 | 30.38x |
| 2023-03-27 | 30.38x |
| 2023-03-24 | 32.26x |
| 2023-03-23 | 29.13x |
| 2023-03-22 | 30.63x |
| 2023-03-21 | 31.63x |
| 2023-03-20 | 31.82x |
| 2023-03-17 | 30.38x |
| 2023-03-16 | 25.66x |
| 2023-03-15 | 27.31x |
| 2023-03-14 | 27.31x |
| 2023-03-13 | 29.13x |
| 2023-03-10 | 25.88x |
| 2023-03-09 | 23.50x |
Showing the most recent 260 of 555 data points. The chart above shows the full history.