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 52.35x is 25% below its estimated 3-year average of 69.68x, near the low end of its estimated 3-year range (18.03x–179.17x).
As of 2026-10-06T16:11:54.030Z. 20.66% below its estimated 12-month average of 65.98x.
Calculation as of: 2026-10-06T16:11:54.030Z.
Quote observation: 2026-10-06T16:09:05.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4c81694e8409b9db581709164af80912c835aad34d8628ab81d864ebee598519
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/EBIT RATIO
52.35x
EV/EBIT RATIO AVG TTM
65.98x
EV/EBIT RATIO AVG 3Y
69.68x
EV/EBIT RATIO AVG 5Y
69.68x
EV/EBIT RATIO AVG 10Y
69.68x
EV/EBIT RATIO AVG 15Y
N/A
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-20.66%
CURRENT VS 3Y AVG
-24.88%
CURRENT VS 5Y AVG
-24.88%
CURRENT VS 10Y AVG
-24.88%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
21.80x
median of 229 covered companies
CURRENT VS SECTOR MEDIAN
+140.14%
vs the sector median at left
Electrovaya Inc.
Market Cap
$325.26M
EV/EBIT Ratio
52.35x
TTM Avg
65.98x
3Y Avg
69.68x
5Y Avg
69.68x
Market Cap
$330.56M
EV/EBIT Ratio
N/A
TTM Avg
207.86x
3Y Avg
142.54x
5Y Avg
53.58x
Market Cap
$316.09M
EV/EBIT Ratio
N/A
TTM Avg
144.85x
3Y Avg
144.85x
5Y Avg
144.85x
Market Cap
$308.55M
EV/EBIT Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$306.05M
EV/EBIT Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$302.86M
EV/EBIT Ratio
N/A
TTM Avg
57.81x
3Y Avg
49.99x
5Y Avg
40.56x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electrovaya Inc. (ELVA) | $325.26M | 52.35x | 65.98x | 69.68x | 69.68x |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $330.56M | N/A | 207.86x | 142.54x | 53.58x |
| FTAI Infrastructure Inc. (FIP)vs › | $316.09M | N/A | 144.85x | 144.85x | 144.85x |
| Deep Fission, Inc. (FISN)vs › | $335.15M | N/A | N/A | N/A | N/A |
| StealthGas Inc. (GASS)vs › | $338.58M | 5.08x | 3.88x | 4.87x | 8.92x |
| NN, Inc. (NNBR)vs › | $340.49M | N/A | 14.79x | 14.79x | 25.57x |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $308.55M | N/A | N/A | N/A | N/A |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $306.05M | N/A | N/A | N/A | N/A |
| Matrix Service Company (MTRX)vs › | $302.86M | N/A | 57.81x | 49.99x | 40.56x |
| Innovative Aerosystems, Inc. (IA)vs › | $348.33M | 15.37x | 15.59x | 15.59x | 15.59x |
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 |
|---|---|
| 2026-10-05 | 53.62x |
| 2026-10-02 | 55.73x |
| 2026-10-01 | 54.17x |
| 2026-09-30 | 54.87x |
| 2026-09-29 | 53.55x |
| 2026-09-28 | 51.84x |
| 2026-09-25 | 53.55x |
| 2026-09-24 | 53.86x |
| 2026-09-23 | 54.33x |
| 2026-09-22 | 56.50x |
| 2026-09-21 | 56.81x |
| 2026-09-18 | 55.57x |
| 2026-09-17 | 54.64x |
| 2026-09-16 | 52.30x |
| 2026-09-15 | 52.38x |
| 2026-09-14 | 53.78x |
| 2026-09-11 | 54.17x |
| 2026-09-10 | 55.41x |
| 2026-09-09 | 56.89x |
| 2026-09-08 | 59.77x |
| 2026-09-04 | 57.83x |
| 2026-09-03 | 56.66x |
| 2026-09-02 | 54.48x |
| 2026-09-01 | 55.03x |
| 2026-08-31 | 55.88x |
| 2026-08-28 | 55.88x |
| 2026-08-27 | 57.36x |
| 2026-08-26 | 55.10x |
| 2026-08-25 | 56.04x |
| 2026-08-24 | 53.94x |
| 2026-08-21 | 55.80x |
| 2026-08-20 | 56.11x |
| 2026-08-19 | 61.09x |
| 2026-08-18 | 62.49x |
| 2026-08-17 | 64.05x |
| 2026-08-14 | 65.99x |
| 2026-08-13 | 63.19x |
| 2026-08-12 | 63.74x |
| 2026-08-11 | 54.34x |
| 2026-08-10 | 68.29x |
| 2026-08-07 | 71.36x |
| 2026-08-06 | 68.29x |
| 2026-08-05 | 68.50x |
| 2026-08-04 | 67.64x |
| 2026-08-03 | 64.64x |
| 2026-07-31 | 60.71x |
| 2026-07-30 | 63.14x |
| 2026-07-29 | 56.77x |
| 2026-07-28 | 59.06x |
| 2026-07-27 | 62.00x |
| 2026-07-24 | 61.49x |
| 2026-07-23 | 63.57x |
| 2026-07-22 | 66.93x |
| 2026-07-21 | 74.80x |
| 2026-07-20 | 67.43x |
| 2026-07-17 | 69.72x |
| 2026-07-16 | 70.15x |
| 2026-07-15 | 86.02x |
| 2026-07-14 | 58.35x |
| 2026-07-13 | 57.63x |
| 2026-07-10 | 63.57x |
| 2026-07-09 | 66.29x |
| 2026-07-08 | 66.50x |
| 2026-07-07 | 66.14x |
| 2026-07-06 | 71.08x |
| 2026-07-02 | 71.29x |
| 2026-07-01 | 76.87x |
| 2026-06-30 | 77.01x |
| 2026-06-29 | 75.15x |
| 2026-06-26 | 71.72x |
| 2026-06-25 | 71.08x |
| 2026-06-24 | 70.22x |
| 2026-06-23 | 73.15x |
| 2026-06-22 | 75.87x |
| 2026-06-18 | 76.44x |
| 2026-06-17 | 72.72x |
| 2026-06-16 | 70.36x |
| 2026-06-15 | 74.30x |
| 2026-06-12 | 69.86x |
| 2026-06-11 | 72.08x |
| 2026-06-10 | 68.43x |
| 2026-06-09 | 72.36x |
| 2026-06-08 | 75.94x |
| 2026-06-05 | 75.87x |
| 2026-06-04 | 81.38x |
| 2026-06-03 | 82.59x |
| 2026-06-02 | 89.60x |
| 2026-06-01 | 82.95x |
| 2026-05-29 | 85.52x |
| 2026-05-28 | 85.67x |
| 2026-05-27 | 84.67x |
| 2026-05-26 | 85.24x |
| 2026-05-22 | 79.73x |
| 2026-05-21 | 75.65x |
| 2026-05-20 | 74.80x |
| 2026-05-19 | 69.65x |
| 2026-05-18 | 71.79x |
| 2026-05-15 | 62.39x |
| 2026-05-14 | 72.76x |
| 2026-05-13 | 68.84x |
| 2026-05-12 | 67.74x |
| 2026-05-11 | 73.09x |
| 2026-05-08 | 68.84x |
| 2026-05-07 | 63.88x |
| 2026-05-06 | 68.38x |
| 2026-05-05 | 66.77x |
| 2026-05-04 | 61.75x |
| 2026-05-01 | 62.07x |
| 2026-04-30 | 60.53x |
| 2026-04-29 | 58.85x |
| 2026-04-28 | 58.98x |
| 2026-04-27 | 60.85x |
| 2026-04-24 | 63.62x |
| 2026-04-23 | 66.26x |
| 2026-04-22 | 66.00x |
| 2026-04-21 | 62.01x |
| 2026-04-20 | 65.04x |
| 2026-04-17 | 62.91x |
| 2026-04-16 | 62.59x |
| 2026-04-15 | 61.75x |
| 2026-04-14 | 62.52x |
| 2026-04-13 | 55.76x |
| 2026-04-10 | 54.09x |
| 2026-04-09 | 53.76x |
| 2026-04-08 | 53.12x |
| 2026-04-07 | 49.58x |
| 2026-04-06 | 52.80x |
| 2026-04-02 | 52.73x |
| 2026-04-01 | 53.25x |
| 2026-03-31 | 51.25x |
| 2026-03-30 | 47.52x |
| 2026-03-27 | 48.55x |
| 2026-03-26 | 48.23x |
| 2026-03-25 | 51.00x |
| 2026-03-24 | 50.16x |
| 2026-03-23 | 50.22x |
| 2026-03-20 | 47.52x |
| 2026-03-19 | 50.16x |
| 2026-03-18 | 49.77x |
| 2026-03-17 | 54.02x |
| 2026-03-16 | 54.02x |
| 2026-03-13 | 52.28x |
| 2026-03-12 | 56.41x |
| 2026-03-11 | 55.95x |
| 2026-03-10 | 53.51x |
| 2026-03-09 | 50.87x |
| 2026-03-06 | 51.06x |
| 2026-03-05 | 51.00x |
| 2026-03-04 | 53.38x |
| 2026-03-03 | 48.16x |
| 2026-03-02 | 50.61x |
| 2026-02-27 | 49.58x |
| 2026-02-26 | 51.19x |
| 2026-02-25 | 50.35x |
| 2026-02-24 | 52.41x |
| 2026-02-23 | 47.90x |
| 2026-02-20 | 50.29x |
| 2026-02-19 | 52.67x |
| 2026-02-18 | 53.38x |
| 2026-02-17 | 51.45x |
| 2026-02-13 | 61.83x |
| 2026-02-12 | 69.43x |
| 2026-02-11 | 73.69x |
| 2026-02-10 | 71.94x |
| 2026-02-09 | 74.45x |
| 2026-02-06 | 70.19x |
| 2026-02-05 | 64.95x |
| 2026-02-04 | 73.00x |
| 2026-02-03 | 87.45x |
| 2026-02-02 | 88.28x |
| 2026-01-30 | 85.24x |
| 2026-01-29 | 83.19x |
| 2026-01-28 | 83.95x |
| 2026-01-27 | 85.85x |
| 2026-01-26 | 81.75x |
| 2026-01-23 | 86.69x |
| 2026-01-22 | 87.14x |
| 2026-01-21 | 84.33x |
| 2026-01-20 | 83.57x |
| 2026-01-16 | 77.57x |
| 2026-01-15 | 71.79x |
| 2026-01-14 | 68.98x |
| 2026-01-13 | 67.99x |
| 2026-01-12 | 71.10x |
| 2026-01-09 | 70.19x |
| 2026-01-08 | 69.28x |
| 2026-01-07 | 69.36x |
| 2026-01-06 | 68.90x |
| 2026-01-05 | 67.38x |
| 2026-01-02 | 63.12x |
| 2025-12-31 | 62.97x |
| 2025-12-30 | 61.76x |
| 2025-12-29 | 62.52x |
| 2025-12-26 | 63.58x |
| 2025-12-24 | 62.74x |
| 2025-12-23 | 61.68x |
| 2025-12-22 | 59.93x |
| 2025-12-19 | 84.32x |
| 2025-12-18 | 83.85x |
| 2025-12-17 | 78.83x |
| 2025-12-16 | 81.63x |
| 2025-12-15 | 82.92x |
| 2025-12-12 | 82.45x |
| 2025-12-11 | 86.19x |
| 2025-12-10 | 67.95x |
| 2025-12-09 | 67.95x |
| 2025-12-08 | 67.36x |
| 2025-12-05 | 67.72x |
| 2025-12-04 | 66.55x |
| 2025-12-03 | 62.57x |
| 2025-12-02 | 59.76x |
| 2025-12-01 | 58.83x |
| 2025-11-28 | 60.35x |
| 2025-11-26 | 59.65x |
| 2025-11-25 | 57.89x |
| 2025-11-24 | 54.50x |
| 2025-11-21 | 55.32x |
| 2025-11-20 | 55.44x |
| 2025-11-19 | 58.01x |
| 2025-11-18 | 58.71x |
| 2025-11-17 | 59.30x |
| 2025-11-14 | 60.58x |
| 2025-11-13 | 63.74x |
| 2025-11-12 | 64.68x |
| 2025-11-11 | 64.56x |
| 2025-11-10 | 68.18x |
| 2025-11-07 | 67.48x |
| 2025-11-06 | 65.38x |
| 2025-11-05 | 70.52x |
| 2025-11-04 | 72.86x |
| 2025-11-03 | 79.64x |
| 2025-10-31 | 80.70x |
| 2025-10-30 | 80.58x |
| 2025-10-29 | 80.93x |
| 2025-10-28 | 76.95x |
| 2025-10-27 | 78.47x |
| 2025-10-24 | 82.22x |
| 2025-10-23 | 78.59x |
| 2025-10-22 | 75.20x |
| 2025-10-21 | 80.46x |
| 2025-10-20 | 80.81x |
| 2025-10-17 | 82.45x |
| 2025-10-16 | 84.44x |
| 2025-10-15 | 90.52x |
| 2025-10-14 | 91.22x |
| 2025-10-13 | 94.03x |
| 2025-10-10 | 82.68x |
| 2025-10-09 | 81.51x |
| 2025-10-08 | 81.63x |
| 2025-10-07 | 82.68x |
| 2025-10-06 | 83.85x |
| 2025-10-03 | 77.30x |
| 2025-10-02 | 73.33x |
| 2025-10-01 | 74.62x |
| 2025-09-30 | 73.91x |
| 2025-09-29 | 76.84x |
| 2025-09-26 | 76.25x |
| 2025-09-25 | 82.22x |
| 2025-09-24 | 92.04x |
| 2025-09-23 | 89.58x |
Showing the most recent 260 of 799 data points. The chart above shows the full history.
