Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 1.96x is in line with its estimated 5-year average of 1.84x, near the low end of its estimated 5-year range (1.29x–3.91x).
As of 2026-10-06T22:13:42.806Z. 3.62% above its estimated 12-month average of 1.89x.
Calculation as of: 2026-10-06T22:13:42.806Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: fc1c75006cbfd1c442c9b358c6955af93451e8f7d49601af6ca49553498976ff
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/SALES RATIO
1.96x
EV/SALES RATIO AVG TTM
1.89x
EV/SALES RATIO AVG 3Y
1.83x
EV/SALES RATIO AVG 5Y
1.84x
EV/SALES RATIO AVG 10Y
2.24x
EV/SALES RATIO AVG 15Y
1.82x
EV/SALES RATIO AVG 20Y
1.56x
CURRENT VS TTM AVG
+3.62%
CURRENT VS 3Y AVG
+7.26%
CURRENT VS 5Y AVG
+6.43%
CURRENT VS 10Y AVG
-12.41%
CURRENT VS 15Y AVG
+7.44%
CURRENT VS 20Y AVG
+25.72%
SECTOR MEDIAN · TECHNOLOGY
3.87x
median of 541 covered companies
CURRENT VS SECTOR MEDIAN
-49.35%
vs the sector median at left
Market Cap
$100.29M
EV/Sales Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$88.59M
EV/Sales Ratio
6.94x
TTM Avg
4.47x
3Y Avg
3.61x
5Y Avg
3.89x
Market Cap
$86.39M
EV/Sales Ratio
13.54x
TTM Avg
21.56x
3Y Avg
16.98x
5Y Avg
15.36x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tucows Inc. (TCX) | $104.69M | 1.96x | 1.89x | 1.83x | 1.84x |
| Roadzen, Inc. (RDZN)vs › | $103.17M | 2.19x | 2.75x | 4.37x | 16.63x |
| GCL Global Holdings Ltd Ordinary Shares (GCL)vs › | $100.29M | N/A | N/A | N/A | N/A |
| RTB Digital Inc (RTB)vs › | $118.90M | 11.64x | 5.53x | 5.53x | 5.53x |
| Interlink Electronics, Inc. (LINK)vs › | $88.59M | 6.94x | 4.47x | 3.61x | 3.89x |
| AudioEye, Inc. (AEYE)vs › | $86.45M | 1.88x | 2.79x | 4.36x | 3.46x |
| Wrap Technologies, Inc. (WRAP)vs › | $86.39M | 13.54x | 21.56x | 16.98x | 15.36x |
| WISeQey Corp (WQEY)vs › | $85.55M | N/A | N/A | N/A | N/A |
| ZenaTech, Inc. (ZENA)vs › | $80.39M | 4.75x | 17.23x | 35.52x | 35.52x |
| SkyAI, Inc. (SKYA)vs › | $79.57M | 27.14x | 36.91x | 36.91x | 36.91x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-10-05 | 1.95x |
| 2026-10-02 | 1.96x |
| 2026-10-01 | 1.96x |
| 2026-09-30 | 1.96x |
| 2026-09-29 | 1.97x |
| 2026-09-28 | 1.96x |
| 2026-09-25 | 1.98x |
| 2026-09-24 | 1.98x |
| 2026-09-23 | 1.99x |
| 2026-09-22 | 1.99x |
| 2026-09-21 | 1.99x |
| 2026-09-18 | 1.98x |
| 2026-09-17 | 1.98x |
| 2026-09-16 | 1.98x |
| 2026-09-15 | 1.99x |
| 2026-09-14 | 1.99x |
| 2026-09-11 | 2.00x |
| 2026-09-10 | 2.00x |
| 2026-09-09 | 2.00x |
| 2026-09-08 | 2.00x |
| 2026-09-04 | 2.00x |
| 2026-09-03 | 2.00x |
| 2026-09-02 | 1.99x |
| 2026-09-01 | 1.99x |
| 2026-08-31 | 1.99x |
| 2026-08-28 | 1.98x |
| 2026-08-27 | 1.98x |
| 2026-08-26 | 1.95x |
| 2026-08-25 | 1.95x |
| 2026-08-24 | 1.96x |
| 2026-08-21 | 1.95x |
| 2026-08-20 | 1.97x |
| 2026-08-19 | 1.98x |
| 2026-08-18 | 1.98x |
| 2026-08-17 | 2.00x |
| 2026-08-14 | 2.01x |
| 2026-08-13 | 2.03x |
| 2026-08-12 | 2.05x |
| 2026-08-11 | 2.06x |
| 2026-08-10 | 2.05x |
| 2026-08-07 | 2.14x |
| 2026-08-06 | 2.05x |
| 2026-08-05 | 2.05x |
| 2026-08-04 | 2.06x |
| 2026-08-03 | 2.04x |
| 2026-07-31 | 2.08x |
| 2026-07-30 | 1.92x |
| 2026-07-29 | 1.91x |
| 2026-07-28 | 1.90x |
| 2026-07-27 | 1.89x |
| 2026-07-24 | 1.89x |
| 2026-07-23 | 1.90x |
| 2026-07-22 | 1.91x |
| 2026-07-21 | 1.93x |
| 2026-07-20 | 1.94x |
| 2026-07-17 | 1.94x |
| 2026-07-16 | 1.93x |
| 2026-07-15 | 1.95x |
| 2026-07-14 | 1.94x |
| 2026-07-13 | 1.95x |
| 2026-07-10 | 1.95x |
| 2026-07-09 | 1.94x |
| 2026-07-08 | 1.95x |
| 2026-07-07 | 2.00x |
| 2026-07-06 | 2.01x |
| 2026-07-02 | 2.03x |
| 2026-07-01 | 2.04x |
| 2026-06-30 | 2.03x |
| 2026-06-29 | 2.04x |
| 2026-06-26 | 2.04x |
| 2026-06-25 | 2.02x |
| 2026-06-24 | 2.03x |
| 2026-06-23 | 2.03x |
| 2026-06-22 | 2.02x |
| 2026-06-18 | 2.02x |
| 2026-06-17 | 2.01x |
| 2026-06-16 | 2.01x |
| 2026-06-15 | 2.02x |
| 2026-06-12 | 2.02x |
| 2026-06-11 | 2.02x |
| 2026-06-10 | 2.03x |
| 2026-06-09 | 2.03x |
| 2026-06-08 | 2.02x |
| 2026-06-05 | 2.03x |
| 2026-06-04 | 2.03x |
| 2026-06-03 | 2.02x |
| 2026-06-02 | 2.06x |
| 2026-06-01 | 2.08x |
| 2026-05-29 | 2.08x |
| 2026-05-28 | 2.07x |
| 2026-05-27 | 2.07x |
| 2026-05-26 | 2.07x |
| 2026-05-22 | 2.07x |
| 2026-05-21 | 2.07x |
| 2026-05-20 | 2.07x |
| 2026-05-19 | 2.07x |
| 2026-05-18 | 2.08x |
| 2026-05-15 | 2.06x |
| 2026-05-14 | 2.08x |
| 2026-05-13 | 2.07x |
| 2026-05-12 | 2.07x |
| 2026-05-11 | 2.06x |
| 2026-05-08 | 2.08x |
| 2026-05-07 | 1.73x |
| 2026-05-06 | 1.71x |
| 2026-05-05 | 1.71x |
| 2026-05-04 | 1.71x |
| 2026-05-01 | 1.73x |
| 2026-04-30 | 1.72x |
| 2026-04-29 | 1.72x |
| 2026-04-28 | 1.74x |
| 2026-04-27 | 1.75x |
| 2026-04-24 | 1.76x |
| 2026-04-23 | 1.74x |
| 2026-04-22 | 1.75x |
| 2026-04-21 | 1.74x |
| 2026-04-20 | 1.78x |
| 2026-04-17 | 1.78x |
| 2026-04-16 | 1.76x |
| 2026-04-15 | 1.76x |
| 2026-04-14 | 1.75x |
| 2026-04-13 | 1.73x |
| 2026-04-10 | 1.71x |
| 2026-04-09 | 1.77x |
| 2026-04-08 | 1.78x |
| 2026-04-07 | 1.78x |
| 2026-04-06 | 1.78x |
| 2026-04-02 | 1.78x |
| 2026-04-01 | 1.78x |
| 2026-03-31 | 1.77x |
| 2026-03-30 | 1.76x |
| 2026-03-27 | 1.73x |
| 2026-03-26 | 1.74x |
| 2026-03-25 | 1.74x |
| 2026-03-24 | 1.73x |
| 2026-03-23 | 1.74x |
| 2026-03-20 | 1.73x |
| 2026-03-19 | 1.74x |
| 2026-03-18 | 1.72x |
| 2026-03-17 | 1.73x |
| 2026-03-16 | 1.74x |
| 2026-03-13 | 1.73x |
| 2026-03-12 | 1.69x |
| 2026-03-11 | 1.70x |
| 2026-03-10 | 1.71x |
| 2026-03-09 | 1.76x |
| 2026-03-06 | 1.76x |
| 2026-03-05 | 1.76x |
| 2026-03-04 | 1.76x |
| 2026-03-03 | 1.76x |
| 2026-03-02 | 1.78x |
| 2026-02-27 | 1.77x |
| 2026-02-26 | 1.76x |
| 2026-02-25 | 1.79x |
| 2026-02-24 | 1.78x |
| 2026-02-23 | 1.77x |
| 2026-02-20 | 1.75x |
| 2026-02-19 | 1.75x |
| 2026-02-18 | 1.75x |
| 2026-02-17 | 1.77x |
| 2026-02-13 | 1.79x |
| 2026-02-12 | 1.76x |
| 2026-02-11 | 1.78x |
| 2026-02-10 | 1.81x |
| 2026-02-09 | 1.82x |
| 2026-02-06 | 1.87x |
| 2026-02-05 | 1.84x |
| 2026-02-04 | 1.86x |
| 2026-02-03 | 1.88x |
| 2026-02-02 | 1.90x |
| 2026-01-30 | 1.89x |
| 2026-01-29 | 1.90x |
| 2026-01-28 | 1.89x |
| 2026-01-27 | 1.94x |
| 2026-01-26 | 1.93x |
| 2026-01-23 | 1.96x |
| 2026-01-22 | 1.96x |
| 2026-01-21 | 1.96x |
| 2026-01-20 | 1.94x |
| 2026-01-16 | 1.96x |
| 2026-01-15 | 1.95x |
| 2026-01-14 | 1.97x |
| 2026-01-13 | 1.96x |
| 2026-01-12 | 1.93x |
| 2026-01-09 | 1.92x |
| 2026-01-08 | 1.93x |
| 2026-01-07 | 1.87x |
| 2026-01-06 | 1.87x |
| 2026-01-05 | 1.86x |
| 2026-01-02 | 1.88x |
| 2025-12-31 | 1.89x |
| 2025-12-30 | 1.88x |
| 2025-12-29 | 1.88x |
| 2025-12-26 | 1.89x |
| 2025-12-24 | 1.89x |
| 2025-12-23 | 1.87x |
| 2025-12-22 | 1.90x |
| 2025-12-19 | 1.92x |
| 2025-12-18 | 1.92x |
| 2025-12-17 | 1.89x |
| 2025-12-16 | 1.91x |
| 2025-12-15 | 1.89x |
| 2025-12-12 | 1.88x |
| 2025-12-11 | 1.86x |
| 2025-12-10 | 1.86x |
| 2025-12-09 | 1.83x |
| 2025-12-08 | 1.84x |
| 2025-12-05 | 1.85x |
| 2025-12-04 | 1.88x |
| 2025-12-03 | 1.87x |
| 2025-12-02 | 1.84x |
| 2025-12-01 | 1.87x |
| 2025-11-28 | 1.87x |
| 2025-11-26 | 1.87x |
| 2025-11-25 | 1.88x |
| 2025-11-24 | 1.87x |
| 2025-11-21 | 1.85x |
| 2025-11-20 | 1.83x |
| 2025-11-19 | 1.86x |
| 2025-11-18 | 1.87x |
| 2025-11-17 | 1.83x |
| 2025-11-14 | 1.84x |
| 2025-11-13 | 1.85x |
| 2025-11-12 | 1.86x |
| 2025-11-11 | 1.89x |
| 2025-11-10 | 1.85x |
| 2025-11-07 | 1.82x |
| 2025-11-06 | 1.80x |
| 2025-11-05 | 1.81x |
| 2025-11-04 | 1.79x |
| 2025-11-03 | 1.79x |
| 2025-10-31 | 1.80x |
| 2025-10-30 | 1.78x |
| 2025-10-29 | 1.77x |
| 2025-10-28 | 1.79x |
| 2025-10-27 | 1.79x |
| 2025-10-24 | 1.79x |
| 2025-10-23 | 1.79x |
| 2025-10-22 | 1.79x |
| 2025-10-21 | 1.78x |
| 2025-10-20 | 1.78x |
| 2025-10-17 | 1.77x |
| 2025-10-16 | 1.77x |
| 2025-10-15 | 1.78x |
| 2025-10-14 | 1.78x |
| 2025-10-13 | 1.77x |
| 2025-10-10 | 1.77x |
| 2025-10-09 | 1.79x |
| 2025-10-08 | 1.79x |
| 2025-10-07 | 1.77x |
| 2025-10-06 | 1.78x |
| 2025-10-03 | 1.77x |
| 2025-10-02 | 1.77x |
| 2025-10-01 | 1.78x |
| 2025-09-30 | 1.78x |
| 2025-09-29 | 1.79x |
| 2025-09-26 | 1.80x |
| 2025-09-25 | 1.79x |
| 2025-09-24 | 1.80x |
| 2025-09-23 | 1.80x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.