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 33.60x is 23% above its estimated 5-year average of 27.41x, around the middle of its estimated 5-year range (10.87x–65.41x).
As of 2026-09-12T00:15:09.301Z. 28.66% below its estimated 12-month average of 47.10x.
Calculation as of: 2026-09-12T00:15:09.301Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 91a8db99a467ec4e91704fe98b145723ee67f6cb37568d1dca65c25183a7ce29
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/EBITDA RATIO
33.60x
EV/EBITDA RATIO AVG TTM
47.10x
EV/EBITDA RATIO AVG 3Y
36.32x
EV/EBITDA RATIO AVG 5Y
27.41x
EV/EBITDA RATIO AVG 10Y
21.14x
EV/EBITDA RATIO AVG 15Y
18.87x
EV/EBITDA RATIO AVG 20Y
15.00x
CURRENT VS TTM AVG
-28.66%
CURRENT VS 3Y AVG
-7.49%
CURRENT VS 5Y AVG
+22.59%
CURRENT VS 10Y AVG
+58.95%
CURRENT VS 15Y AVG
+78.06%
CURRENT VS 20Y AVG
+123.96%
SECTOR MEDIAN · TECHNOLOGY
26.14x
median of 156 covered companies
CURRENT VS SECTOR MEDIAN
+28.54%
vs the sector median at left
Advanced Energy Industries, Inc.
Market Cap
$11.50B
EV/EBITDA Ratio
33.60x
TTM Avg
47.10x
3Y Avg
36.32x
5Y Avg
27.41x
Market Cap
$11.54B
EV/EBITDA Ratio
37.81x
TTM Avg
245.80x
3Y Avg
1256.67x
5Y Avg
1256.67x
Market Cap
$11.45B
EV/EBITDA Ratio
13.59x
TTM Avg
13.98x
3Y Avg
16.56x
5Y Avg
18.16x
Market Cap
$11.77B
EV/EBITDA Ratio
41.45x
TTM Avg
34.89x
3Y Avg
50.90x
5Y Avg
54.57x
Market Cap
$12.12B
EV/EBITDA Ratio
24.33x
TTM Avg
58.89x
3Y Avg
103.36x
5Y Avg
103.36x
Market Cap
$12.54B
EV/EBITDA Ratio
20.55x
TTM Avg
22.53x
3Y Avg
60.21x
5Y Avg
297.19x
Market Cap
$12.85B
EV/EBITDA Ratio
10.46x
TTM Avg
11.61x
3Y Avg
8.18x
5Y Avg
6.79x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Advanced Energy Industries, Inc. (AEIS) | $11.50B | 33.60x | 47.10x | 36.32x | 27.41x |
| HubSpot, Inc. (HUBS)vs › | $11.54B | 37.81x | 245.80x | 1256.67x | 1256.67x |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.45B | 13.59x | 13.98x | 16.56x | 18.16x |
| Manhattan Associates, Inc. (MANH)vs › | $11.77B | 41.45x | 34.89x | 50.90x | 54.57x |
| Nova Ltd. (NVMI)vs › | $11.82B | 42.30x | 51.93x | 40.84x | 34.43x |
| Gartner, Inc. (IT)vs › | $12.02B | 10.35x | 12.16x | 21.56x | 22.40x |
| Grab Holdings Limited (GRAB)vs › | $12.12B | 24.33x | 58.89x | 103.36x | 103.36x |
| DocuSign, Inc. (DOCU)vs › | $12.54B | 20.55x | 22.53x | 60.21x | 297.19x |
| Amkor Technology, Inc. (AMKR)vs › | $12.85B | 10.46x | 11.61x | 8.18x | 6.79x |
| GoDaddy Inc. (GDDY)vs › | $12.99B | 11.36x | 13.78x | 23.33x | 23.80x |
At 33.6, EV/EBITDA is above its estimated 20-year median — higher than 84% 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
2.3
median
15.0
estimated 20-year high
168.5
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 |
|---|---|
| 2026-09-10 | 33.82x |
| 2026-09-09 | 35.28x |
| 2026-09-08 | 35.67x |
| 2026-09-04 | 34.71x |
| 2026-09-03 | 33.89x |
| 2026-09-02 | 33.13x |
| 2026-09-01 | 32.99x |
| 2026-08-31 | 34.21x |
| 2026-08-28 | 33.71x |
| 2026-08-27 | 35.47x |
| 2026-08-26 | 34.97x |
| 2026-08-25 | 34.03x |
| 2026-08-24 | 33.94x |
| 2026-08-21 | 35.32x |
| 2026-08-20 | 36.16x |
| 2026-08-19 | 36.37x |
| 2026-08-18 | 38.86x |
| 2026-08-17 | 43.09x |
| 2026-08-14 | 40.81x |
| 2026-08-13 | 40.73x |
| 2026-08-12 | 41.69x |
| 2026-08-11 | 40.48x |
| 2026-08-10 | 38.86x |
| 2026-08-07 | 40.17x |
| 2026-08-06 | 40.03x |
| 2026-08-05 | 40.69x |
| 2026-08-04 | 42.19x |
| 2026-08-03 | 45.03x |
| 2026-07-31 | 43.98x |
| 2026-07-30 | 41.66x |
| 2026-07-29 | 38.35x |
| 2026-07-28 | 41.54x |
| 2026-07-27 | 44.35x |
| 2026-07-24 | 46.19x |
| 2026-07-23 | 47.88x |
| 2026-07-22 | 48.21x |
| 2026-07-21 | 46.14x |
| 2026-07-20 | 42.64x |
| 2026-07-17 | 43.15x |
| 2026-07-16 | 43.43x |
| 2026-07-15 | 45.86x |
| 2026-07-14 | 46.37x |
| 2026-07-13 | 45.35x |
| 2026-07-10 | 46.80x |
| 2026-07-09 | 46.99x |
| 2026-07-08 | 44.61x |
| 2026-07-07 | 43.71x |
| 2026-07-06 | 47.23x |
| 2026-07-02 | 47.29x |
| 2026-07-01 | 54.15x |
| 2026-06-30 | 56.66x |
| 2026-06-29 | 52.90x |
| 2026-06-26 | 52.90x |
| 2026-06-25 | 57.01x |
| 2026-06-24 | 54.65x |
| 2026-06-23 | 55.46x |
| 2026-06-22 | 59.00x |
| 2026-06-18 | 56.62x |
| 2026-06-17 | 53.69x |
| 2026-06-16 | 53.25x |
| 2026-06-15 | 56.33x |
| 2026-06-12 | 53.85x |
| 2026-06-11 | 51.72x |
| 2026-06-10 | 46.82x |
| 2026-06-09 | 47.35x |
| 2026-06-08 | 46.51x |
| 2026-06-05 | 44.79x |
| 2026-06-04 | 48.76x |
| 2026-06-03 | 49.00x |
| 2026-06-02 | 47.45x |
| 2026-06-01 | 44.77x |
| 2026-05-29 | 45.91x |
| 2026-05-28 | 48.18x |
| 2026-05-27 | 49.89x |
| 2026-05-26 | 51.61x |
| 2026-05-22 | 49.36x |
| 2026-05-21 | 49.20x |
| 2026-05-20 | 47.56x |
| 2026-05-19 | 46.01x |
| 2026-05-18 | 46.96x |
| 2026-05-15 | 49.15x |
| 2026-05-14 | 52.36x |
| 2026-05-13 | 51.54x |
| 2026-05-12 | 51.58x |
| 2026-05-11 | 53.94x |
| 2026-05-08 | 54.29x |
| 2026-05-07 | 53.48x |
| 2026-05-06 | 54.83x |
| 2026-05-05 | 52.52x |
| 2026-05-04 | 65.06x |
| 2026-05-01 | 65.41x |
| 2026-04-30 | 64.54x |
| 2026-04-29 | 60.72x |
| 2026-04-28 | 62.03x |
| 2026-04-27 | 64.84x |
| 2026-04-24 | 65.10x |
| 2026-04-23 | 64.29x |
| 2026-04-22 | 63.40x |
| 2026-04-21 | 64.72x |
| 2026-04-20 | 63.91x |
| 2026-04-17 | 63.13x |
| 2026-04-16 | 62.56x |
| 2026-04-15 | 62.91x |
| 2026-04-14 | 64.84x |
| 2026-04-13 | 63.69x |
| 2026-04-10 | 63.81x |
| 2026-04-09 | 63.02x |
| 2026-04-08 | 61.66x |
| 2026-04-07 | 56.99x |
| 2026-04-06 | 55.73x |
| 2026-04-02 | 55.80x |
| 2026-04-01 | 55.89x |
| 2026-03-31 | 54.17x |
| 2026-03-30 | 50.04x |
| 2026-03-27 | 52.15x |
| 2026-03-26 | 52.55x |
| 2026-03-25 | 57.59x |
| 2026-03-24 | 59.87x |
| 2026-03-23 | 55.37x |
| 2026-03-20 | 53.24x |
| 2026-03-19 | 55.04x |
| 2026-03-18 | 53.65x |
| 2026-03-17 | 53.02x |
| 2026-03-16 | 51.73x |
| 2026-03-13 | 50.67x |
| 2026-03-12 | 51.31x |
| 2026-03-11 | 52.84x |
| 2026-03-10 | 52.26x |
| 2026-03-09 | 51.18x |
| 2026-03-06 | 48.77x |
| 2026-03-05 | 52.26x |
| 2026-03-04 | 55.50x |
| 2026-03-03 | 54.13x |
| 2026-03-02 | 57.17x |
| 2026-02-27 | 56.35x |
| 2026-02-26 | 56.65x |
| 2026-02-25 | 56.85x |
| 2026-02-24 | 56.38x |
| 2026-02-23 | 55.28x |
| 2026-02-20 | 55.62x |
| 2026-02-19 | 53.82x |
| 2026-02-18 | 53.94x |
| 2026-02-17 | 52.72x |
| 2026-02-13 | 57.57x |
| 2026-02-12 | 57.33x |
| 2026-02-11 | 56.56x |
| 2026-02-10 | 51.08x |
| 2026-02-09 | 51.10x |
| 2026-02-06 | 50.01x |
| 2026-02-05 | 47.13x |
| 2026-02-04 | 46.56x |
| 2026-02-03 | 48.13x |
| 2026-02-02 | 47.90x |
| 2026-01-30 | 46.71x |
| 2026-01-29 | 49.25x |
| 2026-01-28 | 48.26x |
| 2026-01-27 | 47.49x |
| 2026-01-26 | 48.13x |
| 2026-01-23 | 47.97x |
| 2026-01-22 | 50.44x |
| 2026-01-21 | 49.23x |
| 2026-01-20 | 45.90x |
| 2026-01-16 | 46.44x |
| 2026-01-15 | 47.07x |
| 2026-01-14 | 43.49x |
| 2026-01-13 | 42.76x |
| 2026-01-12 | 41.59x |
| 2026-01-09 | 40.12x |
| 2026-01-08 | 38.53x |
| 2026-01-07 | 41.01x |
| 2026-01-06 | 41.98x |
| 2026-01-05 | 41.60x |
| 2026-01-02 | 40.56x |
| 2025-12-31 | 38.23x |
| 2025-12-30 | 38.98x |
| 2025-12-29 | 39.69x |
| 2025-12-26 | 39.80x |
| 2025-12-24 | 39.68x |
| 2025-12-23 | 39.74x |
| 2025-12-22 | 39.78x |
| 2025-12-19 | 39.47x |
| 2025-12-18 | 38.12x |
| 2025-12-17 | 37.33x |
| 2025-12-16 | 39.30x |
| 2025-12-15 | 39.62x |
| 2025-12-12 | 39.29x |
| 2025-12-11 | 40.95x |
| 2025-12-10 | 40.47x |
| 2025-12-09 | 40.43x |
| 2025-12-08 | 40.54x |
| 2025-12-05 | 40.08x |
| 2025-12-04 | 39.21x |
| 2025-12-03 | 38.98x |
| 2025-12-02 | 38.52x |
| 2025-12-01 | 37.94x |
| 2025-11-28 | 38.57x |
| 2025-11-26 | 38.33x |
| 2025-11-25 | 37.60x |
| 2025-11-24 | 37.62x |
| 2025-11-21 | 35.77x |
| 2025-11-20 | 34.46x |
| 2025-11-19 | 36.30x |
| 2025-11-18 | 36.36x |
| 2025-11-17 | 36.24x |
| 2025-11-14 | 36.96x |
| 2025-11-13 | 37.03x |
| 2025-11-12 | 38.87x |
| 2025-11-11 | 39.45x |
| 2025-11-10 | 40.07x |
| 2025-11-07 | 39.59x |
| 2025-11-06 | 40.05x |
| 2025-11-05 | 41.26x |
| 2025-11-04 | 48.52x |
| 2025-11-03 | 51.16x |
| 2025-10-31 | 50.44x |
| 2025-10-30 | 51.16x |
| 2025-10-29 | 51.77x |
| 2025-10-28 | 50.91x |
| 2025-10-27 | 51.03x |
| 2025-10-24 | 50.41x |
| 2025-10-23 | 49.36x |
| 2025-10-22 | 47.38x |
| 2025-10-21 | 48.90x |
| 2025-10-20 | 49.12x |
| 2025-10-17 | 47.75x |
| 2025-10-16 | 47.81x |
| 2025-10-15 | 47.25x |
| 2025-10-14 | 45.45x |
| 2025-10-13 | 45.30x |
| 2025-10-10 | 42.17x |
| 2025-10-09 | 44.76x |
| 2025-10-08 | 43.50x |
| 2025-10-07 | 43.04x |
| 2025-10-06 | 43.77x |
| 2025-10-03 | 43.23x |
| 2025-10-02 | 44.28x |
| 2025-10-01 | 43.82x |
| 2025-09-30 | 42.30x |
| 2025-09-29 | 41.46x |
| 2025-09-26 | 41.38x |
| 2025-09-25 | 41.61x |
| 2025-09-24 | 42.46x |
| 2025-09-23 | 43.91x |
| 2025-09-22 | 43.46x |
| 2025-09-19 | 43.35x |
| 2025-09-18 | 42.20x |
| 2025-09-17 | 39.22x |
| 2025-09-16 | 39.28x |
| 2025-09-15 | 38.96x |
| 2025-09-12 | 39.13x |
| 2025-09-11 | 39.65x |
| 2025-09-10 | 39.08x |
| 2025-09-09 | 38.46x |
| 2025-09-08 | 38.38x |
| 2025-09-05 | 38.21x |
| 2025-09-04 | 37.31x |
| 2025-09-03 | 36.09x |
| 2025-09-02 | 36.15x |
| 2025-08-29 | 37.19x |
| 2025-08-28 | 38.66x |
Showing the most recent 260 of 4,467 data points. The chart above shows the full history.
