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 19.67x is 59% above its estimated 5-year average of 12.37x, around the middle of its estimated 5-year range (7.10x–35.31x).
As of 2026-10-06T21:15:43.300Z. 53.12% above its estimated 12-month average of 12.85x.
Calculation as of: 2026-10-06T21:15:43.300Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1604e385757f61282dcf1bd3ca16660c593229bf07bfdecb5e06e836060fa47b
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
19.67x
EV/EBITDA RATIO AVG TTM
12.85x
EV/EBITDA RATIO AVG 3Y
11.88x
EV/EBITDA RATIO AVG 5Y
12.37x
EV/EBITDA RATIO AVG 10Y
12.44x
EV/EBITDA RATIO AVG 15Y
12.38x
EV/EBITDA RATIO AVG 20Y
13.10x
CURRENT VS TTM AVG
+53.12%
CURRENT VS 3Y AVG
+65.60%
CURRENT VS 5Y AVG
+58.96%
CURRENT VS 10Y AVG
+58.09%
CURRENT VS 15Y AVG
+58.86%
CURRENT VS 20Y AVG
+50.12%
SECTOR MEDIAN · INDUSTRIALS
15.31x
median of 268 covered companies
CURRENT VS SECTOR MEDIAN
+28.48%
vs the sector median at left
Art's-Way Manufacturing Co., Inc.
Market Cap
$17.11M
EV/EBITDA Ratio
19.67x
TTM Avg
12.85x
3Y Avg
11.88x
5Y Avg
12.37x
Market Cap
$16.91M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.36M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.97M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.21M
EV/EBITDA Ratio
N/A
TTM Avg
405.41x
3Y Avg
405.41x
5Y Avg
307.50x
Market Cap
$18.13M
EV/EBITDA Ratio
5.20x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.84M
EV/EBITDA Ratio
2.82x
TTM Avg
2.62x
3Y Avg
1.17x
5Y Avg
1.51x
Market Cap
$15.29M
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 |
|---|---|---|---|---|---|
| Art's-Way Manufacturing Co., Inc. (ARTW) | $17.11M | 19.67x | 12.85x | 11.88x | 12.37x |
| Ten-League International Holdings Limited Ordinary Shares (TLIH)vs › | $16.91M | N/A | N/A | N/A | N/A |
| ParaZero Technologies Ltd. (PRZO)vs › | $16.36M | N/A | N/A | N/A | N/A |
| Quanome Technologies, Inc. (QNME)vs › | $17.97M | N/A | N/A | N/A | N/A |
| LiqTech International, Inc. (LIQT)vs › | $16.21M | N/A | 405.41x | 405.41x | 307.50x |
| Rectitude Holdings Ltd Ordinary Shares (RECT)vs › | $18.13M | 5.20x | N/A | N/A | N/A |
| Castor Maritime Inc. (CTRM)vs › | $18.84M | 2.82x | 2.62x | 1.17x | 1.51x |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $15.29M | N/A | N/A | N/A | N/A |
| Greenpro Capital Corp. (GRNQ)vs › | $15.23M | N/A | N/A | N/A | N/A |
| PS International Group Ltd. (PSIG)vs › | $15.13M | N/A | N/A | N/A | N/A |
At 19.7, EV/EBITDA is above its estimated 20-year median — higher than 83% 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
4.1
median
12.2
estimated 20-year high
140.4
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 | 19.68x |
| 2026-10-02 | 18.94x |
| 2026-10-01 | 18.38x |
| 2026-09-30 | 18.90x |
| 2026-09-29 | 18.81x |
| 2026-09-28 | 19.03x |
| 2026-09-25 | 19.55x |
| 2026-09-24 | 19.59x |
| 2026-09-23 | 19.11x |
| 2026-09-22 | 19.20x |
| 2026-09-21 | 19.33x |
| 2026-09-18 | 19.29x |
| 2026-09-17 | 18.29x |
| 2026-09-16 | 18.03x |
| 2026-09-15 | 18.20x |
| 2026-09-14 | 18.55x |
| 2026-09-11 | 18.46x |
| 2026-09-10 | 18.51x |
| 2026-09-09 | 18.68x |
| 2026-09-08 | 18.85x |
| 2026-09-04 | 19.76x |
| 2026-09-03 | 18.51x |
| 2026-09-02 | 18.38x |
| 2026-09-01 | 17.90x |
| 2026-08-31 | 17.34x |
| 2026-08-28 | 17.86x |
| 2026-08-27 | 17.94x |
| 2026-08-26 | 17.94x |
| 2026-08-25 | 17.99x |
| 2026-08-24 | 17.90x |
| 2026-08-21 | 18.16x |
| 2026-08-20 | 18.20x |
| 2026-08-19 | 18.55x |
| 2026-08-18 | 19.20x |
| 2026-08-17 | 19.33x |
| 2026-08-14 | 18.90x |
| 2026-08-13 | 17.77x |
| 2026-08-12 | 16.47x |
| 2026-08-11 | 17.60x |
| 2026-08-10 | 17.81x |
| 2026-08-07 | 14.87x |
| 2026-08-06 | 14.65x |
| 2026-08-05 | 14.95x |
| 2026-08-04 | 15.00x |
| 2026-08-03 | 14.74x |
| 2026-07-31 | 14.74x |
| 2026-07-30 | 14.78x |
| 2026-07-29 | 15.00x |
| 2026-07-28 | 16.25x |
| 2026-07-27 | 15.69x |
| 2026-07-24 | 14.87x |
| 2026-07-23 | 14.69x |
| 2026-07-22 | 14.82x |
| 2026-07-21 | 14.78x |
| 2026-07-20 | 14.74x |
| 2026-07-17 | 15.17x |
| 2026-07-16 | 15.43x |
| 2026-07-15 | 13.11x |
| 2026-07-14 | 13.00x |
| 2026-07-13 | 13.29x |
| 2026-07-10 | 13.50x |
| 2026-07-09 | 13.54x |
| 2026-07-08 | 13.39x |
| 2026-07-07 | 13.68x |
| 2026-07-06 | 13.86x |
| 2026-07-02 | 14.15x |
| 2026-07-01 | 13.82x |
| 2026-06-30 | 13.93x |
| 2026-06-29 | 13.86x |
| 2026-06-26 | 13.82x |
| 2026-06-25 | 13.75x |
| 2026-06-24 | 13.97x |
| 2026-06-23 | 13.75x |
| 2026-06-22 | 13.89x |
| 2026-06-18 | 13.79x |
| 2026-06-17 | 13.86x |
| 2026-06-16 | 13.97x |
| 2026-06-15 | 14.00x |
| 2026-06-12 | 13.97x |
| 2026-06-11 | 13.93x |
| 2026-06-10 | 13.97x |
| 2026-06-09 | 14.11x |
| 2026-06-08 | 13.97x |
| 2026-06-05 | 13.82x |
| 2026-06-04 | 13.89x |
| 2026-06-03 | 13.75x |
| 2026-06-02 | 13.72x |
| 2026-06-01 | 13.72x |
| 2026-05-29 | 13.75x |
| 2026-05-28 | 13.86x |
| 2026-05-27 | 13.97x |
| 2026-05-26 | 13.97x |
| 2026-05-22 | 13.86x |
| 2026-05-21 | 14.04x |
| 2026-05-20 | 14.11x |
| 2026-05-19 | 14.04x |
| 2026-05-18 | 14.04x |
| 2026-05-15 | 14.00x |
| 2026-05-14 | 13.82x |
| 2026-05-13 | 13.75x |
| 2026-05-12 | 13.82x |
| 2026-05-11 | 13.82x |
| 2026-05-08 | 13.61x |
| 2026-05-07 | 13.64x |
| 2026-05-06 | 13.82x |
| 2026-05-05 | 13.89x |
| 2026-05-04 | 13.75x |
| 2026-05-01 | 14.15x |
| 2026-04-30 | 14.18x |
| 2026-04-29 | 14.54x |
| 2026-04-28 | 14.75x |
| 2026-04-27 | 15.18x |
| 2026-04-24 | 15.22x |
| 2026-04-23 | 15.26x |
| 2026-04-22 | 14.90x |
| 2026-04-21 | 15.51x |
| 2026-04-20 | 14.86x |
| 2026-04-17 | 14.75x |
| 2026-04-16 | 13.86x |
| 2026-04-15 | 14.07x |
| 2026-04-14 | 14.04x |
| 2026-04-13 | 15.73x |
| 2026-04-10 | 15.68x |
| 2026-04-09 | 15.59x |
| 2026-04-08 | 15.06x |
| 2026-04-07 | 15.06x |
| 2026-04-06 | 15.06x |
| 2026-04-02 | 14.83x |
| 2026-04-01 | 14.97x |
| 2026-03-31 | 14.92x |
| 2026-03-30 | 15.01x |
| 2026-03-27 | 15.10x |
| 2026-03-26 | 15.46x |
| 2026-03-25 | 15.68x |
| 2026-03-24 | 15.55x |
| 2026-03-23 | 15.68x |
| 2026-03-20 | 15.41x |
| 2026-03-19 | 15.28x |
| 2026-03-18 | 15.24x |
| 2026-03-17 | 15.46x |
| 2026-03-16 | 15.46x |
| 2026-03-13 | 15.59x |
| 2026-03-12 | 15.86x |
| 2026-03-11 | 15.95x |
| 2026-03-10 | 15.95x |
| 2026-03-09 | 16.44x |
| 2026-03-06 | 15.64x |
| 2026-03-05 | 15.73x |
| 2026-03-04 | 15.86x |
| 2026-03-03 | 15.68x |
| 2026-03-02 | 15.99x |
| 2026-02-27 | 16.13x |
| 2026-02-26 | 16.31x |
| 2026-02-25 | 16.31x |
| 2026-02-24 | 16.31x |
| 2026-02-23 | 16.13x |
| 2026-02-20 | 16.31x |
| 2026-02-19 | 16.22x |
| 2026-02-18 | 16.22x |
| 2026-02-17 | 16.13x |
| 2026-02-13 | 16.08x |
| 2026-02-12 | 7.28x |
| 2026-02-11 | 7.55x |
| 2026-02-10 | 7.32x |
| 2026-02-09 | 7.53x |
| 2026-02-06 | 7.73x |
| 2026-02-05 | 7.55x |
| 2026-02-04 | 8.45x |
| 2026-02-03 | 8.70x |
| 2026-02-02 | 8.70x |
| 2026-01-30 | 8.13x |
| 2026-01-29 | 7.98x |
| 2026-01-28 | 7.93x |
| 2026-01-27 | 7.91x |
| 2026-01-26 | 7.89x |
| 2026-01-23 | 7.86x |
| 2026-01-22 | 7.93x |
| 2026-01-21 | 7.93x |
| 2026-01-20 | 7.95x |
| 2026-01-16 | 7.73x |
| 2026-01-15 | 7.71x |
| 2026-01-14 | 7.80x |
| 2026-01-13 | 7.68x |
| 2026-01-12 | 7.68x |
| 2026-01-09 | 7.71x |
| 2026-01-08 | 7.59x |
| 2026-01-07 | 7.55x |
| 2026-01-06 | 7.62x |
| 2026-01-05 | 7.55x |
| 2026-01-02 | 7.57x |
| 2025-12-31 | 7.66x |
| 2025-12-30 | 7.66x |
| 2025-12-29 | 7.64x |
| 2025-12-26 | 7.73x |
| 2025-12-24 | 7.55x |
| 2025-12-23 | 7.59x |
| 2025-12-22 | 7.30x |
| 2025-12-19 | 7.37x |
| 2025-12-18 | 7.37x |
| 2025-12-17 | 7.35x |
| 2025-12-16 | 7.28x |
| 2025-12-15 | 7.39x |
| 2025-12-12 | 7.93x |
| 2025-12-11 | 7.89x |
| 2025-12-10 | 8.00x |
| 2025-12-09 | 7.84x |
| 2025-12-08 | 7.80x |
| 2025-12-05 | 7.80x |
| 2025-12-04 | 7.80x |
| 2025-12-03 | 7.53x |
| 2025-12-02 | 7.62x |
| 2025-12-01 | 7.37x |
| 2025-11-28 | 7.68x |
| 2025-11-26 | 7.64x |
| 2025-11-25 | 7.55x |
| 2025-11-24 | 7.46x |
| 2025-11-21 | 7.14x |
| 2025-11-20 | 7.10x |
| 2025-11-19 | 7.14x |
| 2025-11-18 | 7.21x |
| 2025-11-17 | 7.26x |
| 2025-11-14 | 7.57x |
| 2025-11-13 | 7.35x |
| 2025-11-12 | 7.91x |
| 2025-11-11 | 7.77x |
| 2025-11-10 | 7.84x |
| 2025-11-07 | 7.55x |
| 2025-11-06 | 7.64x |
| 2025-11-05 | 7.93x |
| 2025-11-04 | 7.64x |
| 2025-11-03 | 7.93x |
| 2025-10-31 | 7.93x |
| 2025-10-30 | 7.86x |
| 2025-10-29 | 8.04x |
| 2025-10-28 | 8.00x |
| 2025-10-27 | 8.18x |
| 2025-10-24 | 8.02x |
| 2025-10-23 | 8.20x |
| 2025-10-22 | 7.86x |
| 2025-10-21 | 8.04x |
| 2025-10-20 | 8.07x |
| 2025-10-17 | 7.89x |
| 2025-10-16 | 8.29x |
| 2025-10-15 | 8.97x |
| 2025-10-14 | 9.10x |
| 2025-10-13 | 8.79x |
| 2025-10-10 | 9.03x |
| 2025-10-09 | 9.68x |
| 2025-10-08 | 9.22x |
| 2025-10-07 | 8.67x |
| 2025-10-06 | 8.45x |
| 2025-10-03 | 8.57x |
| 2025-10-02 | 8.86x |
| 2025-10-01 | 8.11x |
| 2025-09-30 | 7.80x |
| 2025-09-29 | 7.65x |
| 2025-09-26 | 7.84x |
| 2025-09-25 | 8.21x |
| 2025-09-24 | 8.33x |
| 2025-09-23 | 8.11x |
Showing the most recent 260 of 3,628 data points. The chart above shows the full history.
