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 12.69x is 38% above its estimated 5-year average of 9.22x, around the middle of its estimated 5-year range (3.99x–17.95x).
As of 2026-10-06T14:06:38.941Z. 125.13% above its estimated 12-month average of 5.64x.
Calculation as of: 2026-10-06T14:06:38.941Z.
Quote observation: 2026-10-06T14:00:32.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2a256cedb02c914139f492f27c78ee359541763b29b9c9c6194ca60de3855509
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
12.69x
EV/EBITDA RATIO AVG TTM
5.64x
EV/EBITDA RATIO AVG 3Y
8.30x
EV/EBITDA RATIO AVG 5Y
9.22x
EV/EBITDA RATIO AVG 10Y
15.05x
EV/EBITDA RATIO AVG 15Y
15.77x
EV/EBITDA RATIO AVG 20Y
16.28x
CURRENT VS TTM AVG
+125.13%
CURRENT VS 3Y AVG
+52.90%
CURRENT VS 5Y AVG
+37.61%
CURRENT VS 10Y AVG
-15.66%
CURRENT VS 15Y AVG
-19.52%
CURRENT VS 20Y AVG
-22.05%
SECTOR MEDIAN · INDUSTRIALS
15.65x
median of 216 covered companies
CURRENT VS SECTOR MEDIAN
-18.94%
vs the sector median at left
Forrester Research, Inc.
Market Cap
$218.38M
EV/EBITDA Ratio
12.69x
TTM Avg
5.64x
3Y Avg
8.30x
5Y Avg
9.22x
Market Cap
$209.22M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$207.50M
EV/EBITDA Ratio
7.54x
TTM Avg
11.36x
3Y Avg
9.13x
5Y Avg
8.10x
Market Cap
$235.79M
EV/EBITDA Ratio
17.26x
TTM Avg
14.24x
3Y Avg
389.53x
5Y Avg
244.65x
Market Cap
$237.77M
EV/EBITDA Ratio
N/A
TTM Avg
4.50x
3Y Avg
4.50x
5Y Avg
77.08x
Market Cap
$198.59M
EV/EBITDA Ratio
11.54x
TTM Avg
10.94x
3Y Avg
8.61x
5Y Avg
8.98x
Market Cap
$243.75M
EV/EBITDA Ratio
0.00x
TTM Avg
0.00x
3Y Avg
0.00x
5Y Avg
0.00x
Market Cap
$253.48M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Forrester Research, Inc. (FORR) | $218.38M | 12.69x | 5.64x | 8.30x | 9.22x |
| AIRO Group Holdings, Inc. Common Stock (AIRO)vs › | $209.22M | N/A | N/A | N/A | N/A |
| Energy Services of America Corporation (ESOA)vs › | $207.50M | 7.54x | 11.36x | 9.13x | 8.10x |
| AerSale Corporation (ASLE)vs › | $235.79M | 17.26x | 14.24x | 389.53x | 244.65x |
| Lightbridge Corporation (LTBR)vs › | $237.77M | N/A | 4.50x | 4.50x | 77.08x |
| Ampco-Pittsburgh Corp. (AP)vs › | $198.59M | 11.54x | 10.94x | 8.61x | 8.98x |
| BNB Standard Corp. (BNC)vs › | $243.75M | 0.00x | 0.00x | 0.00x | 0.00x |
| AIAI Holdings Corporation Class A Common Stock (AIAI)vs › | $253.48M | N/A | N/A | N/A | N/A |
| Draganfly Inc. (DPRO)vs › | $182.66M | N/A | N/A | N/A | N/A |
| HireQuest, Inc. (HQI)vs › | $268.07M | 22.02x | 17.08x | 19.00x | 19.77x |
At 12.7, EV/EBITDA is below its estimated 20-year median — higher than 31% of readings in its estimated 20-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 20-year low
4.0
median
16.6
estimated 20-year high
37.2
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 | 12.70x |
| 2026-10-02 | 12.69x |
| 2026-10-01 | 13.12x |
| 2026-09-30 | 13.01x |
| 2026-09-29 | 13.10x |
| 2026-09-28 | 12.81x |
| 2026-09-25 | 12.89x |
| 2026-09-24 | 13.08x |
| 2026-09-23 | 13.31x |
| 2026-09-22 | 13.28x |
| 2026-09-21 | 12.82x |
| 2026-09-18 | 12.55x |
| 2026-09-17 | 12.72x |
| 2026-09-16 | 13.13x |
| 2026-09-15 | 13.34x |
| 2026-09-14 | 13.54x |
| 2026-09-11 | 13.28x |
| 2026-09-10 | 13.37x |
| 2026-09-09 | 13.60x |
| 2026-09-08 | 13.75x |
| 2026-09-04 | 14.27x |
| 2026-09-03 | 14.08x |
| 2026-09-02 | 13.77x |
| 2026-09-01 | 13.81x |
| 2026-08-31 | 13.88x |
| 2026-08-28 | 13.97x |
| 2026-08-27 | 13.78x |
| 2026-08-26 | 13.22x |
| 2026-08-25 | 13.59x |
| 2026-08-24 | 13.53x |
| 2026-08-21 | 13.31x |
| 2026-08-20 | 13.19x |
| 2026-08-19 | 13.29x |
| 2026-08-18 | 12.79x |
| 2026-08-17 | 12.61x |
| 2026-08-14 | 12.87x |
| 2026-08-13 | 13.32x |
| 2026-08-12 | 13.03x |
| 2026-08-11 | 13.36x |
| 2026-08-10 | 13.13x |
| 2026-08-07 | 13.26x |
| 2026-08-06 | 9.78x |
| 2026-08-05 | 9.47x |
| 2026-08-04 | 9.55x |
| 2026-08-03 | 9.24x |
| 2026-07-31 | 9.36x |
| 2026-07-30 | 7.84x |
| 2026-07-29 | 8.29x |
| 2026-07-28 | 8.33x |
| 2026-07-27 | 7.65x |
| 2026-07-24 | 7.10x |
| 2026-07-23 | 7.08x |
| 2026-07-22 | 7.20x |
| 2026-07-21 | 7.31x |
| 2026-07-20 | 8.04x |
| 2026-07-17 | 8.34x |
| 2026-07-16 | 8.48x |
| 2026-07-15 | 8.42x |
| 2026-07-14 | 8.33x |
| 2026-07-13 | 8.23x |
| 2026-07-10 | 8.07x |
| 2026-07-09 | 7.80x |
| 2026-07-08 | 7.73x |
| 2026-07-07 | 7.78x |
| 2026-07-06 | 7.75x |
| 2026-07-02 | 7.59x |
| 2026-07-01 | 7.37x |
| 2026-06-30 | 6.70x |
| 2026-06-29 | 6.71x |
| 2026-06-26 | 6.19x |
| 2026-06-25 | 5.70x |
| 2026-06-24 | 6.32x |
| 2026-06-23 | 5.79x |
| 2026-06-22 | 5.59x |
| 2026-06-18 | 5.23x |
| 2026-06-17 | 5.21x |
| 2026-06-16 | 5.39x |
| 2026-06-15 | 5.25x |
| 2026-06-12 | 5.48x |
| 2026-06-11 | 5.31x |
| 2026-06-10 | 5.26x |
| 2026-06-09 | 5.35x |
| 2026-06-08 | 5.34x |
| 2026-06-05 | 5.49x |
| 2026-06-04 | 5.56x |
| 2026-06-03 | 5.41x |
| 2026-06-02 | 5.53x |
| 2026-06-01 | 5.68x |
| 2026-05-29 | 5.53x |
| 2026-05-28 | 5.47x |
| 2026-05-27 | 5.43x |
| 2026-05-26 | 5.22x |
| 2026-05-22 | 5.28x |
| 2026-05-21 | 5.47x |
| 2026-05-20 | 5.28x |
| 2026-05-19 | 5.28x |
| 2026-05-18 | 5.19x |
| 2026-05-15 | 5.15x |
| 2026-05-14 | 5.01x |
| 2026-05-13 | 4.88x |
| 2026-05-12 | 4.95x |
| 2026-05-11 | 5.14x |
| 2026-05-08 | 5.39x |
| 2026-05-07 | 5.14x |
| 2026-05-06 | 4.82x |
| 2026-05-05 | 4.90x |
| 2026-05-04 | 4.91x |
| 2026-05-01 | 5.00x |
| 2026-04-30 | 4.96x |
| 2026-04-29 | 4.98x |
| 2026-04-28 | 4.92x |
| 2026-04-27 | 4.76x |
| 2026-04-24 | 4.79x |
| 2026-04-23 | 4.72x |
| 2026-04-22 | 4.92x |
| 2026-04-21 | 4.96x |
| 2026-04-20 | 4.82x |
| 2026-04-17 | 4.83x |
| 2026-04-16 | 4.78x |
| 2026-04-15 | 4.68x |
| 2026-04-14 | 4.54x |
| 2026-04-13 | 4.37x |
| 2026-04-10 | 4.05x |
| 2026-04-09 | 4.07x |
| 2026-04-08 | 4.25x |
| 2026-04-07 | 4.34x |
| 2026-04-06 | 4.46x |
| 2026-04-02 | 4.37x |
| 2026-04-01 | 4.30x |
| 2026-03-31 | 4.50x |
| 2026-03-30 | 4.51x |
| 2026-03-27 | 4.49x |
| 2026-03-26 | 4.63x |
| 2026-03-25 | 4.59x |
| 2026-03-24 | 4.57x |
| 2026-03-23 | 4.73x |
| 2026-03-20 | 4.72x |
| 2026-03-19 | 4.76x |
| 2026-03-18 | 4.85x |
| 2026-03-17 | 4.87x |
| 2026-03-16 | 4.93x |
| 2026-03-13 | 4.31x |
| 2026-03-12 | 4.50x |
| 2026-03-11 | 4.53x |
| 2026-03-10 | 4.58x |
| 2026-03-09 | 4.55x |
| 2026-03-06 | 4.66x |
| 2026-03-05 | 4.57x |
| 2026-03-04 | 4.50x |
| 2026-03-03 | 4.47x |
| 2026-03-02 | 4.34x |
| 2026-02-27 | 4.32x |
| 2026-02-26 | 4.39x |
| 2026-02-25 | 4.02x |
| 2026-02-24 | 3.99x |
| 2026-02-23 | 4.00x |
| 2026-02-20 | 4.44x |
| 2026-02-19 | 4.25x |
| 2026-02-18 | 4.17x |
| 2026-02-17 | 4.06x |
| 2026-02-13 | 4.06x |
| 2026-02-12 | 4.48x |
| 2026-02-11 | 4.73x |
| 2026-02-10 | 5.03x |
| 2026-02-09 | 5.08x |
| 2026-02-06 | 5.24x |
| 2026-02-05 | 5.25x |
| 2026-02-04 | 5.20x |
| 2026-02-03 | 5.15x |
| 2026-02-02 | 5.85x |
| 2026-01-30 | 5.84x |
| 2026-01-29 | 5.72x |
| 2026-01-28 | 5.65x |
| 2026-01-27 | 5.67x |
| 2026-01-26 | 5.82x |
| 2026-01-23 | 5.76x |
| 2026-01-22 | 5.80x |
| 2026-01-21 | 5.81x |
| 2026-01-20 | 5.70x |
| 2026-01-16 | 5.87x |
| 2026-01-15 | 5.99x |
| 2026-01-14 | 5.98x |
| 2026-01-13 | 5.89x |
| 2026-01-12 | 5.90x |
| 2026-01-09 | 5.89x |
| 2026-01-08 | 5.99x |
| 2026-01-07 | 5.87x |
| 2026-01-06 | 5.87x |
| 2026-01-05 | 5.87x |
| 2026-01-02 | 5.87x |
| 2025-12-31 | 5.85x |
| 2025-12-30 | 5.51x |
| 2025-12-29 | 5.39x |
| 2025-12-26 | 5.23x |
| 2025-12-24 | 5.20x |
| 2025-12-23 | 5.11x |
| 2025-12-22 | 5.15x |
| 2025-12-19 | 5.34x |
| 2025-12-18 | 5.30x |
| 2025-12-17 | 5.23x |
| 2025-12-16 | 5.20x |
| 2025-12-15 | 5.18x |
| 2025-12-12 | 5.14x |
| 2025-12-11 | 5.20x |
| 2025-12-10 | 5.13x |
| 2025-12-09 | 5.00x |
| 2025-12-08 | 4.88x |
| 2025-12-05 | 4.78x |
| 2025-12-04 | 4.92x |
| 2025-12-03 | 5.11x |
| 2025-12-02 | 5.01x |
| 2025-12-01 | 5.26x |
| 2025-11-28 | 5.18x |
| 2025-11-26 | 5.13x |
| 2025-11-25 | 5.17x |
| 2025-11-24 | 5.02x |
| 2025-11-21 | 5.13x |
| 2025-11-20 | 4.79x |
| 2025-11-19 | 4.98x |
| 2025-11-18 | 5.17x |
| 2025-11-17 | 5.25x |
| 2025-11-14 | 5.49x |
| 2025-11-13 | 5.64x |
| 2025-11-12 | 5.72x |
| 2025-11-11 | 5.62x |
| 2025-11-10 | 5.67x |
| 2025-11-07 | 5.62x |
| 2025-11-06 | 5.62x |
| 2025-11-05 | 5.83x |
| 2025-11-04 | 5.66x |
| 2025-11-03 | 5.74x |
| 2025-10-31 | 5.33x |
| 2025-10-30 | 6.11x |
| 2025-10-29 | 6.23x |
| 2025-10-28 | 6.60x |
| 2025-10-27 | 6.63x |
| 2025-10-24 | 6.94x |
| 2025-10-23 | 6.91x |
| 2025-10-22 | 7.02x |
| 2025-10-21 | 6.82x |
| 2025-10-20 | 6.58x |
| 2025-10-17 | 6.43x |
| 2025-10-16 | 6.43x |
| 2025-10-15 | 6.44x |
| 2025-10-14 | 6.60x |
| 2025-10-13 | 6.44x |
| 2025-10-10 | 6.47x |
| 2025-10-09 | 6.70x |
| 2025-10-08 | 6.78x |
| 2025-10-07 | 6.37x |
| 2025-10-06 | 6.75x |
| 2025-10-03 | 7.06x |
| 2025-10-02 | 6.90x |
| 2025-10-01 | 7.40x |
| 2025-09-30 | 7.88x |
| 2025-09-29 | 7.71x |
| 2025-09-26 | 7.79x |
| 2025-09-25 | 7.62x |
| 2025-09-24 | 7.76x |
| 2025-09-23 | 7.65x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
