Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 44.86x is 21% below its estimated 5-year average of 56.91x, near the low end of its estimated 5-year range (36.79x–75.46x).
As of 2026-09-12T00:15:16.095Z. 17.32% below its estimated 12-month average of 54.26x.
Calculation as of: 2026-09-12T00:15:16.095Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 79207ae5d62dd2ad5bf4bad096a01191633048a5f2a099b53a4232e17ed40959
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 2026-09-10.
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/EBIT RATIO
44.86x
EV/EBIT RATIO AVG TTM
54.26x
EV/EBIT RATIO AVG 3Y
60.05x
EV/EBIT RATIO AVG 5Y
56.91x
EV/EBIT RATIO AVG 10Y
49.53x
EV/EBIT RATIO AVG 15Y
41.74x
EV/EBIT RATIO AVG 20Y
38.60x
CURRENT VS TTM AVG
-17.32%
CURRENT VS 3Y AVG
-25.30%
CURRENT VS 5Y AVG
-21.18%
CURRENT VS 10Y AVG
-9.43%
CURRENT VS 15Y AVG
+7.46%
CURRENT VS 20Y AVG
+16.22%
SECTOR MEDIAN · TECHNOLOGY
32.79x
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+36.81%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$79.69B
EV/EBIT Ratio
44.86x
TTM Avg
54.26x
3Y Avg
60.05x
5Y Avg
56.91x
Market Cap
$78.74B
EV/EBIT Ratio
5321.26x
TTM Avg
5798.25x
3Y Avg
1748.42x
5Y Avg
2799.30x
Market Cap
$77.38B
EV/EBIT Ratio
28.15x
TTM Avg
27.50x
3Y Avg
28.57x
5Y Avg
28.87x
Market Cap
$82.21B
EV/EBIT Ratio
27.79x
TTM Avg
28.90x
3Y Avg
19.14x
5Y Avg
17.37x
Market Cap
$86.79B
EV/EBIT Ratio
42.00x
TTM Avg
37.09x
3Y Avg
25.00x
5Y Avg
19.53x
Market Cap
$72.12B
EV/EBIT Ratio
136.72x
TTM Avg
2891.94x
3Y Avg
2891.94x
5Y Avg
785.89x
Market Cap
$61.46B
EV/EBIT Ratio
18.02x
TTM Avg
21.05x
3Y Avg
18.51x
5Y Avg
17.95x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $79.69B | 44.86x | 54.26x | 60.05x | 56.91x |
| Datadog, Inc. (DDOG)vs › | $78.74B | 5321.26x | 5798.25x | 1748.42x | 2799.30x |
| Motorola Solutions, Inc. (MSI)vs › | $77.38B | 28.15x | 27.50x | 28.57x | 28.87x |
| Hewlett Packard Enterprise Company (HPE)vs › | $82.21B | 27.79x | 28.90x | 19.14x | 17.37x |
| Synopsys, Inc. (SNPS)vs › | $76.09B | 90.74x | 97.18x | 73.19x | 65.98x |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $86.79B | 42.00x | 37.09x | 25.00x | 19.53x |
| Lumentum Holdings Inc. (LITE)vs › | $72.12B | 136.72x | 2891.94x | 2891.94x | 785.89x |
| Intuit Inc. (INTU)vs › | $87.96B | 15.57x | 25.83x | 41.63x | 45.33x |
| TE Connectivity plc (TEL)vs › | $61.46B | 18.02x | 21.05x | 18.51x | 17.95x |
| Monolithic Power Systems, Inc. (MPWR)vs › | $60.65B | 63.44x | 76.36x | 68.82x | 67.21x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-10 | 44.11x |
| 2026-09-09 | 44.06x |
| 2026-09-08 | 43.98x |
| 2026-09-04 | 45.30x |
| 2026-09-03 | 47.16x |
| 2026-09-02 | 47.43x |
| 2026-09-01 | 48.40x |
| 2026-08-31 | 52.34x |
| 2026-08-28 | 52.58x |
| 2026-08-27 | 53.68x |
| 2026-08-26 | 51.71x |
| 2026-08-25 | 51.29x |
| 2026-08-24 | 48.84x |
| 2026-08-21 | 49.32x |
| 2026-08-20 | 48.49x |
| 2026-08-19 | 48.70x |
| 2026-08-18 | 48.94x |
| 2026-08-17 | 50.00x |
| 2026-08-14 | 50.20x |
| 2026-08-13 | 50.04x |
| 2026-08-12 | 49.95x |
| 2026-08-11 | 50.62x |
| 2026-08-10 | 51.29x |
| 2026-08-07 | 52.41x |
| 2026-08-06 | 52.28x |
| 2026-08-05 | 52.08x |
| 2026-08-04 | 52.62x |
| 2026-08-03 | 51.94x |
| 2026-07-31 | 52.53x |
| 2026-07-30 | 51.43x |
| 2026-07-29 | 51.42x |
| 2026-07-28 | 55.84x |
| 2026-07-27 | 54.87x |
| 2026-07-24 | 52.90x |
| 2026-07-23 | 53.57x |
| 2026-07-22 | 54.62x |
| 2026-07-21 | 55.83x |
| 2026-07-20 | 53.49x |
| 2026-07-17 | 53.52x |
| 2026-07-16 | 59.02x |
| 2026-07-15 | 60.11x |
| 2026-07-14 | 60.95x |
| 2026-07-13 | 61.13x |
| 2026-07-10 | 62.12x |
| 2026-07-09 | 62.41x |
| 2026-07-08 | 60.51x |
| 2026-07-07 | 60.04x |
| 2026-07-06 | 60.79x |
| 2026-07-02 | 60.37x |
| 2026-07-01 | 61.10x |
| 2026-06-30 | 60.71x |
| 2026-06-29 | 60.30x |
| 2026-06-26 | 61.02x |
| 2026-06-25 | 59.59x |
| 2026-06-24 | 60.25x |
| 2026-06-23 | 61.31x |
| 2026-06-22 | 62.90x |
| 2026-06-18 | 62.63x |
| 2026-06-17 | 62.99x |
| 2026-06-16 | 62.71x |
| 2026-06-15 | 63.77x |
| 2026-06-12 | 62.25x |
| 2026-06-11 | 62.05x |
| 2026-06-10 | 62.28x |
| 2026-06-09 | 63.19x |
| 2026-06-08 | 63.73x |
| 2026-06-05 | 60.85x |
| 2026-06-04 | 66.50x |
| 2026-06-03 | 65.92x |
| 2026-06-02 | 67.25x |
| 2026-06-01 | 66.90x |
| 2026-05-29 | 60.65x |
| 2026-05-28 | 60.48x |
| 2026-05-27 | 60.51x |
| 2026-05-26 | 61.74x |
| 2026-05-22 | 60.44x |
| 2026-05-21 | 58.03x |
| 2026-05-20 | 56.83x |
| 2026-05-19 | 54.79x |
| 2026-05-18 | 56.05x |
| 2026-05-15 | 56.24x |
| 2026-05-14 | 57.14x |
| 2026-05-13 | 57.41x |
| 2026-05-12 | 57.96x |
| 2026-05-11 | 58.94x |
| 2026-05-08 | 58.71x |
| 2026-05-07 | 57.78x |
| 2026-05-06 | 57.46x |
| 2026-05-05 | 57.26x |
| 2026-05-04 | 56.61x |
| 2026-05-01 | 56.09x |
| 2026-04-30 | 54.21x |
| 2026-04-29 | 54.27x |
| 2026-04-28 | 53.50x |
| 2026-04-27 | 55.36x |
| 2026-04-24 | 54.75x |
| 2026-04-23 | 51.68x |
| 2026-04-22 | 54.54x |
| 2026-04-21 | 53.59x |
| 2026-04-20 | 52.37x |
| 2026-04-17 | 51.14x |
| 2026-04-16 | 50.47x |
| 2026-04-15 | 49.99x |
| 2026-04-14 | 48.05x |
| 2026-04-13 | 47.36x |
| 2026-04-10 | 43.63x |
| 2026-04-09 | 46.17x |
| 2026-04-08 | 47.58x |
| 2026-04-07 | 45.92x |
| 2026-04-06 | 45.90x |
| 2026-04-02 | 45.79x |
| 2026-04-01 | 46.04x |
| 2026-03-31 | 45.65x |
| 2026-03-30 | 44.50x |
| 2026-03-27 | 44.64x |
| 2026-03-26 | 46.11x |
| 2026-03-25 | 46.24x |
| 2026-03-24 | 46.72x |
| 2026-03-23 | 48.08x |
| 2026-03-20 | 46.65x |
| 2026-03-19 | 47.23x |
| 2026-03-18 | 47.60x |
| 2026-03-17 | 48.28x |
| 2026-03-16 | 48.11x |
| 2026-03-13 | 47.17x |
| 2026-03-12 | 47.71x |
| 2026-03-11 | 48.35x |
| 2026-03-10 | 48.20x |
| 2026-03-09 | 48.99x |
| 2026-03-06 | 48.81x |
| 2026-03-05 | 49.29x |
| 2026-03-04 | 50.21x |
| 2026-03-03 | 49.42x |
| 2026-03-02 | 49.87x |
| 2026-02-27 | 49.55x |
| 2026-02-26 | 48.92x |
| 2026-02-25 | 49.62x |
| 2026-02-24 | 47.76x |
| 2026-02-23 | 45.97x |
| 2026-02-20 | 48.70x |
| 2026-02-19 | 48.75x |
| 2026-02-18 | 50.71x |
| 2026-02-17 | 47.11x |
| 2026-02-13 | 49.78x |
| 2026-02-12 | 47.93x |
| 2026-02-11 | 49.82x |
| 2026-02-10 | 49.71x |
| 2026-02-09 | 48.37x |
| 2026-02-06 | 47.12x |
| 2026-02-05 | 44.89x |
| 2026-02-04 | 45.11x |
| 2026-02-03 | 44.62x |
| 2026-02-02 | 48.07x |
| 2026-01-30 | 49.27x |
| 2026-01-29 | 50.32x |
| 2026-01-28 | 53.29x |
| 2026-01-27 | 52.94x |
| 2026-01-26 | 53.55x |
| 2026-01-23 | 52.93x |
| 2026-01-22 | 52.72x |
| 2026-01-21 | 52.18x |
| 2026-01-20 | 51.04x |
| 2026-01-16 | 52.78x |
| 2026-01-15 | 53.31x |
| 2026-01-14 | 52.07x |
| 2026-01-13 | 53.72x |
| 2026-01-12 | 54.13x |
| 2026-01-09 | 54.43x |
| 2026-01-08 | 53.01x |
| 2026-01-07 | 53.30x |
| 2026-01-06 | 52.32x |
| 2026-01-05 | 50.08x |
| 2026-01-02 | 51.61x |
| 2025-12-31 | 51.97x |
| 2025-12-30 | 52.48x |
| 2025-12-29 | 52.83x |
| 2025-12-26 | 53.02x |
| 2025-12-24 | 52.84x |
| 2025-12-23 | 52.70x |
| 2025-12-22 | 52.80x |
| 2025-12-19 | 52.36x |
| 2025-12-18 | 52.39x |
| 2025-12-17 | 52.05x |
| 2025-12-16 | 53.13x |
| 2025-12-15 | 52.95x |
| 2025-12-12 | 53.75x |
| 2025-12-11 | 55.78x |
| 2025-12-10 | 56.22x |
| 2025-12-09 | 55.72x |
| 2025-12-08 | 56.09x |
| 2025-12-05 | 56.13x |
| 2025-12-04 | 56.10x |
| 2025-12-03 | 55.90x |
| 2025-12-02 | 52.87x |
| 2025-12-01 | 51.48x |
| 2025-11-28 | 51.85x |
| 2025-11-26 | 50.93x |
| 2025-11-25 | 50.48x |
| 2025-11-24 | 50.62x |
| 2025-11-21 | 49.97x |
| 2025-11-20 | 50.23x |
| 2025-11-19 | 51.00x |
| 2025-11-18 | 50.41x |
| 2025-11-17 | 51.76x |
| 2025-11-14 | 52.36x |
| 2025-11-13 | 52.54x |
| 2025-11-12 | 52.47x |
| 2025-11-11 | 52.96x |
| 2025-11-10 | 54.70x |
| 2025-11-07 | 54.05x |
| 2025-11-06 | 53.95x |
| 2025-11-05 | 54.48x |
| 2025-11-04 | 55.41x |
| 2025-11-03 | 55.78x |
| 2025-10-31 | 56.33x |
| 2025-10-30 | 55.89x |
| 2025-10-29 | 56.78x |
| 2025-10-28 | 60.31x |
| 2025-10-27 | 62.10x |
| 2025-10-24 | 60.98x |
| 2025-10-23 | 59.59x |
| 2025-10-22 | 58.39x |
| 2025-10-21 | 58.91x |
| 2025-10-20 | 58.24x |
| 2025-10-17 | 57.61x |
| 2025-10-16 | 57.28x |
| 2025-10-15 | 57.26x |
| 2025-10-14 | 57.55x |
| 2025-10-13 | 58.70x |
| 2025-10-10 | 57.77x |
| 2025-10-09 | 61.61x |
| 2025-10-08 | 61.85x |
| 2025-10-07 | 61.05x |
| 2025-10-06 | 62.45x |
| 2025-10-03 | 61.37x |
| 2025-10-02 | 61.36x |
| 2025-10-01 | 62.20x |
| 2025-09-30 | 62.07x |
| 2025-09-29 | 61.59x |
| 2025-09-26 | 61.87x |
| 2025-09-25 | 62.04x |
| 2025-09-24 | 63.08x |
| 2025-09-23 | 64.74x |
| 2025-09-22 | 65.99x |
| 2025-09-19 | 65.99x |
| 2025-09-18 | 64.49x |
| 2025-09-17 | 61.37x |
| 2025-09-16 | 61.67x |
| 2025-09-15 | 62.12x |
| 2025-09-12 | 60.69x |
| 2025-09-11 | 62.68x |
| 2025-09-10 | 59.82x |
| 2025-09-09 | 63.94x |
| 2025-09-08 | 63.74x |
| 2025-09-05 | 62.03x |
| 2025-09-04 | 61.73x |
| 2025-09-03 | 61.37x |
| 2025-09-02 | 60.57x |
| 2025-08-29 | 61.93x |
| 2025-08-28 | 62.61x |
Showing the most recent 260 of 4,368 data points. The chart above shows the full history.
