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 23.56x is 1268% above its estimated 5-year average of 1.72x, near the low end of its estimated 5-year range (0.78x–78.61x).
As of 2026-09-11T02:30:50.042Z. 0.80% below its estimated 12-month average of 23.75x.
Calculation as of: 2026-09-11T02:30:50.042Z.
Quote observation: 2026-09-10T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c9b5f83c079082144fa723b4293d0d34a16118d0dee0dd54bbf2d30961bb067a
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/SALES RATIO
23.56x
EV/SALES RATIO AVG TTM
23.75x
EV/SALES RATIO AVG 3Y
2.45x
EV/SALES RATIO AVG 5Y
1.72x
EV/SALES RATIO AVG 10Y
2.07x
EV/SALES RATIO AVG 15Y
1.60x
EV/SALES RATIO AVG 20Y
1.73x
CURRENT VS TTM AVG
-0.80%
CURRENT VS 3Y AVG
+861.41%
CURRENT VS 5Y AVG
+1267.55%
CURRENT VS 10Y AVG
+1039.47%
CURRENT VS 15Y AVG
+1369.26%
CURRENT VS 20Y AVG
+1259.83%
SECTOR MEDIAN · TECHNOLOGY
6.38x
median of 187 covered companies
CURRENT VS SECTOR MEDIAN
+269.28%
vs the sector median at left
Market Cap
$3.48B
EV/Sales Ratio
3.89x
TTM Avg
3.91x
3Y Avg
3.27x
5Y Avg
3.38x
Market Cap
$2.69B
EV/Sales Ratio
5.11x
TTM Avg
7.47x
3Y Avg
5.28x
5Y Avg
4.43x
Market Cap
$2.68B
EV/Sales Ratio
3.99x
TTM Avg
3.85x
3Y Avg
3.15x
5Y Avg
2.90x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AXT, Inc. (AXTI) | $3.28B | 23.56x | 23.75x | 2.45x | 1.72x |
| Axcelis Technologies, Inc. (ACLS)vs › | $3.48B | 3.89x | 3.91x | 3.27x | 3.38x |
| Ambarella, Inc. (AMBA)vs › | $2.98B | 6.91x | 7.82x | 8.44x | 9.62x |
| monday.com Ltd. (MNDY)vs › | $3.60B | 2.18x | 3.98x | 9.99x | 14.24x |
| Bel Fuse Inc. (BELFB)vs › | $2.94B | 3.59x | 4.29x | 2.55x | 1.80x |
| Bitdeer Technologies Group (BTDR)vs › | $2.69B | 5.11x | 7.47x | 5.28x | 4.43x |
| Veeco Instruments Inc. (VECO)vs › | $2.68B | 3.99x | 3.85x | 3.15x | 2.90x |
| Wix.com Ltd. (WIX)vs › | $3.96B | 2.69x | 2.95x | 4.82x | 4.97x |
| Itron, Inc. (ITRI)vs › | $4.10B | 1.52x | 1.97x | 2.04x | 1.84x |
| nCino, Inc. (NCNO)vs › | $2.35B | 4.18x | 4.30x | 6.20x | 7.86x |
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 |
|---|---|
| 2026-09-10 | 30.12x |
| 2026-09-09 | 32.25x |
| 2026-09-08 | 32.58x |
| 2026-09-04 | 28.57x |
| 2026-09-03 | 25.82x |
| 2026-09-02 | 26.20x |
| 2026-09-01 | 25.77x |
| 2026-08-31 | 28.05x |
| 2026-08-28 | 27.05x |
| 2026-08-27 | 31.24x |
| 2026-08-26 | 30.36x |
| 2026-08-25 | 31.51x |
| 2026-08-24 | 30.47x |
| 2026-08-21 | 33.17x |
| 2026-08-20 | 34.38x |
| 2026-08-19 | 34.53x |
| 2026-08-18 | 39.02x |
| 2026-08-17 | 45.93x |
| 2026-08-14 | 38.68x |
| 2026-08-13 | 43.37x |
| 2026-08-12 | 43.93x |
| 2026-08-11 | 41.33x |
| 2026-08-10 | 41.34x |
| 2026-08-07 | 49.55x |
| 2026-08-06 | 42.10x |
| 2026-08-05 | 38.45x |
| 2026-08-04 | 36.59x |
| 2026-08-03 | 38.48x |
| 2026-07-31 | 33.90x |
| 2026-07-30 | 26.40x |
| 2026-07-29 | 20.86x |
| 2026-07-28 | 24.08x |
| 2026-07-27 | 26.92x |
| 2026-07-24 | 26.56x |
| 2026-07-23 | 29.73x |
| 2026-07-22 | 29.76x |
| 2026-07-21 | 31.72x |
| 2026-07-20 | 27.45x |
| 2026-07-17 | 25.80x |
| 2026-07-16 | 25.64x |
| 2026-07-15 | 30.01x |
| 2026-07-14 | 32.31x |
| 2026-07-13 | 28.36x |
| 2026-07-10 | 32.11x |
| 2026-07-09 | 35.08x |
| 2026-07-08 | 33.73x |
| 2026-07-07 | 32.64x |
| 2026-07-06 | 35.62x |
| 2026-07-02 | 31.78x |
| 2026-07-01 | 36.46x |
| 2026-06-30 | 40.38x |
| 2026-06-29 | 40.04x |
| 2026-06-26 | 39.31x |
| 2026-06-25 | 38.70x |
| 2026-06-24 | 39.30x |
| 2026-06-23 | 43.62x |
| 2026-06-22 | 51.70x |
| 2026-06-18 | 47.33x |
| 2026-06-17 | 51.52x |
| 2026-06-16 | 52.03x |
| 2026-06-15 | 61.88x |
| 2026-06-12 | 54.34x |
| 2026-06-11 | 49.42x |
| 2026-06-10 | 47.73x |
| 2026-06-09 | 43.87x |
| 2026-06-08 | 50.78x |
| 2026-06-05 | 49.81x |
| 2026-06-04 | 59.24x |
| 2026-06-03 | 59.63x |
| 2026-06-02 | 61.94x |
| 2026-06-01 | 61.21x |
| 2026-05-29 | 57.66x |
| 2026-05-28 | 64.63x |
| 2026-05-27 | 68.57x |
| 2026-05-26 | 74.03x |
| 2026-05-22 | 78.61x |
| 2026-05-21 | 67.59x |
| 2026-05-20 | 58.47x |
| 2026-05-19 | 63.07x |
| 2026-05-18 | 59.17x |
| 2026-05-15 | 69.13x |
| 2026-05-14 | 57.59x |
| 2026-05-13 | 61.11x |
| 2026-05-12 | 61.60x |
| 2026-05-11 | 63.07x |
| 2026-05-08 | 58.28x |
| 2026-05-07 | 54.26x |
| 2026-05-06 | 52.45x |
| 2026-05-05 | 53.82x |
| 2026-05-04 | 53.04x |
| 2026-05-01 | 47.98x |
| 2026-04-30 | 39.48x |
| 2026-04-29 | 35.35x |
| 2026-04-28 | 34.16x |
| 2026-04-27 | 34.89x |
| 2026-04-24 | 37.93x |
| 2026-04-23 | 37.48x |
| 2026-04-22 | 43.39x |
| 2026-04-21 | 37.33x |
| 2026-04-20 | 39.25x |
| 2026-04-17 | 41.17x |
| 2026-04-16 | 40.78x |
| 2026-04-15 | 31.23x |
| 2026-04-14 | 33.45x |
| 2026-04-13 | 33.01x |
| 2026-04-10 | 31.87x |
| 2026-04-09 | 31.33x |
| 2026-04-08 | 26.30x |
| 2026-04-07 | 22.39x |
| 2026-04-06 | 20.63x |
| 2026-04-02 | 26.12x |
| 2026-04-01 | 23.24x |
| 2026-03-31 | 28.22x |
| 2026-03-30 | 26.07x |
| 2026-03-27 | 30.07x |
| 2026-03-26 | 29.00x |
| 2026-03-25 | 33.47x |
| 2026-03-24 | 34.02x |
| 2026-03-23 | 32.00x |
| 2026-03-20 | 26.83x |
| 2026-03-19 | 28.78x |
| 2026-03-18 | 24.06x |
| 2026-03-17 | 21.97x |
| 2026-03-16 | 23.92x |
| 2026-03-13 | 24.15x |
| 2026-03-12 | 23.11x |
| 2026-03-11 | 23.42x |
| 2026-03-10 | 21.94x |
| 2026-03-09 | 19.15x |
| 2026-03-06 | 16.15x |
| 2026-03-05 | 19.27x |
| 2026-03-04 | 19.43x |
| 2026-03-03 | 20.70x |
| 2026-03-02 | 22.92x |
| 2026-02-27 | 18.83x |
| 2026-02-26 | 18.45x |
| 2026-02-25 | 20.32x |
| 2026-02-24 | 17.46x |
| 2026-02-23 | 14.24x |
| 2026-02-20 | 14.84x |
| 2026-02-19 | 12.00x |
| 2026-02-18 | 11.87x |
| 2026-02-17 | 11.71x |
| 2026-02-13 | 12.21x |
| 2026-02-12 | 12.47x |
| 2026-02-11 | 13.45x |
| 2026-02-10 | 12.26x |
| 2026-02-09 | 13.92x |
| 2026-02-06 | 12.12x |
| 2026-02-05 | 10.36x |
| 2026-02-04 | 9.54x |
| 2026-02-03 | 10.02x |
| 2026-02-02 | 10.61x |
| 2026-01-30 | 9.44x |
| 2026-01-29 | 8.39x |
| 2026-01-28 | 8.61x |
| 2026-01-27 | 8.79x |
| 2026-01-26 | 9.08x |
| 2026-01-23 | 8.89x |
| 2026-01-22 | 9.14x |
| 2026-01-21 | 10.04x |
| 2026-01-20 | 10.83x |
| 2026-01-16 | 11.16x |
| 2026-01-15 | 12.92x |
| 2026-01-14 | 11.17x |
| 2026-01-13 | 10.88x |
| 2026-01-12 | 11.24x |
| 2026-01-09 | 11.60x |
| 2026-01-08 | 12.98x |
| 2026-01-07 | 12.14x |
| 2026-01-06 | 10.23x |
| 2026-01-05 | 8.53x |
| 2026-01-02 | 8.58x |
| 2025-12-31 | 8.38x |
| 2025-12-30 | 8.11x |
| 2025-12-29 | 7.53x |
| 2025-12-26 | 7.90x |
| 2025-12-24 | 7.73x |
| 2025-12-23 | 7.55x |
| 2025-12-22 | 7.83x |
| 2025-12-19 | 7.55x |
| 2025-12-18 | 7.24x |
| 2025-12-17 | 6.44x |
| 2025-12-16 | 6.75x |
| 2025-12-15 | 7.64x |
| 2025-12-12 | 7.63x |
| 2025-12-11 | 8.39x |
| 2025-12-10 | 7.97x |
| 2025-12-09 | 7.71x |
| 2025-12-08 | 6.61x |
| 2025-12-05 | 6.07x |
| 2025-12-04 | 6.32x |
| 2025-12-03 | 6.02x |
| 2025-12-02 | 6.15x |
| 2025-12-01 | 5.68x |
| 2025-11-28 | 5.64x |
| 2025-11-26 | 5.52x |
| 2025-11-25 | 4.93x |
| 2025-11-24 | 4.98x |
| 2025-11-21 | 4.78x |
| 2025-11-20 | 5.03x |
| 2025-11-19 | 5.35x |
| 2025-11-18 | 5.25x |
| 2025-11-17 | 5.42x |
| 2025-11-14 | 5.51x |
| 2025-11-13 | 5.66x |
| 2025-11-12 | 5.94x |
| 2025-11-11 | 5.72x |
| 2025-11-10 | 5.66x |
| 2025-11-07 | 5.17x |
| 2025-11-06 | 4.87x |
| 2025-11-05 | 4.98x |
| 2025-11-04 | 4.70x |
| 2025-11-03 | 4.66x |
| 2025-10-31 | 4.40x |
| 2025-10-30 | 4.08x |
| 2025-10-29 | 3.95x |
| 2025-10-28 | 3.71x |
| 2025-10-27 | 3.51x |
| 2025-10-24 | 3.44x |
| 2025-10-23 | 2.99x |
| 2025-10-22 | 2.87x |
| 2025-10-21 | 2.99x |
| 2025-10-20 | 2.86x |
| 2025-10-17 | 2.65x |
| 2025-10-16 | 2.87x |
| 2025-10-15 | 2.69x |
| 2025-10-14 | 2.68x |
| 2025-10-13 | 2.70x |
| 2025-10-10 | 2.41x |
| 2025-10-09 | 3.02x |
| 2025-10-08 | 3.06x |
| 2025-10-07 | 3.06x |
| 2025-10-06 | 3.10x |
| 2025-10-03 | 2.97x |
| 2025-10-02 | 2.75x |
| 2025-10-01 | 2.86x |
| 2025-09-30 | 2.64x |
| 2025-09-29 | 2.85x |
| 2025-09-26 | 2.73x |
| 2025-09-25 | 2.77x |
| 2025-09-24 | 2.81x |
| 2025-09-23 | 2.80x |
| 2025-09-22 | 2.97x |
| 2025-09-19 | 2.57x |
| 2025-09-18 | 2.37x |
| 2025-09-17 | 2.36x |
| 2025-09-16 | 2.40x |
| 2025-09-15 | 2.38x |
| 2025-09-12 | 2.22x |
| 2025-09-11 | 2.08x |
| 2025-09-10 | 2.07x |
| 2025-09-09 | 1.91x |
| 2025-09-08 | 1.94x |
| 2025-09-05 | 1.94x |
| 2025-09-04 | 1.87x |
| 2025-09-03 | 1.93x |
| 2025-09-02 | 2.03x |
| 2025-08-29 | 1.83x |
| 2025-08-28 | 1.85x |
Showing the most recent 260 of 4,998 data points. The chart above shows the full history.