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 105.03x is 30% below its estimated 5-year average of 150.67x, near the low end of its estimated 5-year range (91.31x–277.84x).
As of 2026-10-06T15:32:03.289Z. 15.56% below its estimated 12-month average of 124.38x.
Calculation as of: 2026-10-06T15:32:03.289Z.
Quote observation: 2026-10-06T15:31:21.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 211c9e8ce7faea196779add1e81dfc80c89e9949e55490f5c3cb5d63c741aad8
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
105.03x
EV/EBITDA RATIO AVG TTM
124.38x
EV/EBITDA RATIO AVG 3Y
124.38x
EV/EBITDA RATIO AVG 5Y
150.67x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-15.56%
CURRENT VS 3Y AVG
-15.56%
CURRENT VS 5Y AVG
-30.29%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
22.91x
median of 303 covered companies
CURRENT VS SECTOR MEDIAN
+358.45%
vs the sector median at left
Backblaze, Inc.
Market Cap
$829.55M
EV/EBITDA Ratio
105.03x
TTM Avg
124.38x
3Y Avg
124.38x
5Y Avg
150.67x
Market Cap
$850.15M
EV/EBITDA Ratio
7.43x
TTM Avg
7.62x
3Y Avg
7.13x
5Y Avg
8.32x
Market Cap
$852.33M
EV/EBITDA Ratio
123.34x
TTM Avg
128.70x
3Y Avg
59.60x
5Y Avg
61.88x
Market Cap
$804.96M
EV/EBITDA Ratio
13.22x
TTM Avg
15.69x
3Y Avg
26.29x
5Y Avg
26.03x
Market Cap
$803.13M
EV/EBITDA Ratio
266.41x
TTM Avg
44.16x
3Y Avg
18.16x
5Y Avg
12.31x
Market Cap
$862.95M
EV/EBITDA Ratio
8.85x
TTM Avg
13.78x
3Y Avg
9.65x
5Y Avg
13.95x
Market Cap
$790.24M
EV/EBITDA Ratio
20.66x
TTM Avg
11.96x
3Y Avg
8.99x
5Y Avg
8.99x
Market Cap
$873.80M
EV/EBITDA Ratio
22.04x
TTM Avg
14.17x
3Y Avg
14.82x
5Y Avg
14.59x
Market Cap
$875.01M
EV/EBITDA Ratio
N/A
TTM Avg
36.07x
3Y Avg
22.43x
5Y Avg
16.22x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Backblaze, Inc. (BLZE) | $829.55M | 105.03x | 124.38x | 124.38x | 150.67x |
| Playtika Holding Corp. (PLTK)vs › | $850.15M | 7.43x | 7.62x | 7.13x | 8.32x |
| Frequency Electronics, Inc. (FEIM)vs › | $852.33M | 123.34x | 128.70x | 59.60x | 61.88x |
| Mitek Systems, Inc. (MITK)vs › | $804.96M | 13.22x | 15.69x | 26.29x | 26.03x |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $803.13M | 266.41x | 44.16x | 18.16x | 12.31x |
| Daktronics, Inc. (DAKT)vs › | $862.95M | 8.85x | 13.78x | 9.65x | 13.95x |
| Viant Technology Inc. (DSP)vs › | $790.24M | 20.66x | 11.96x | 8.99x | 8.99x |
| PubMatic, Inc. (PUBM)vs › | $873.80M | 22.04x | 14.17x | 14.82x | 14.59x |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $875.01M | N/A | 36.07x | 22.43x | 16.22x |
| Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ)vs › | $899.71M | N/A | N/A | N/A | N/A |
At 105.0, EV/EBITDA is at an extreme level, where the multiple carries little signal — higher than 13% of readings in its estimated 5-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 5-year low
91.3
median
133.1
estimated 5-year high
277.8
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 | 106.74x |
| 2026-10-02 | 110.22x |
| 2026-10-01 | 108.92x |
| 2026-09-30 | 107.54x |
| 2026-09-29 | 103.11x |
| 2026-09-28 | 104.27x |
| 2026-09-25 | 101.73x |
| 2026-09-24 | 104.05x |
| 2026-09-23 | 108.05x |
| 2026-09-22 | 109.79x |
| 2026-09-21 | 104.71x |
| 2026-09-18 | 101.51x |
| 2026-09-17 | 106.09x |
| 2026-09-16 | 101.15x |
| 2026-09-15 | 100.28x |
| 2026-09-14 | 99.19x |
| 2026-09-11 | 95.99x |
| 2026-09-10 | 95.34x |
| 2026-09-09 | 102.02x |
| 2026-09-08 | 106.81x |
| 2026-09-04 | 103.69x |
| 2026-09-03 | 102.60x |
| 2026-09-02 | 101.80x |
| 2026-09-01 | 104.20x |
| 2026-08-31 | 108.55x |
| 2026-08-28 | 110.01x |
| 2026-08-27 | 116.61x |
| 2026-08-26 | 114.72x |
| 2026-08-25 | 116.90x |
| 2026-08-24 | 118.86x |
| 2026-08-21 | 120.68x |
| 2026-08-20 | 123.87x |
| 2026-08-19 | 128.52x |
| 2026-08-18 | 145.36x |
| 2026-08-17 | 146.74x |
| 2026-08-14 | 144.05x |
| 2026-08-13 | 154.29x |
| 2026-08-12 | 146.38x |
| 2026-08-11 | 141.80x |
| 2026-08-10 | 145.87x |
| 2026-08-07 | 142.60x |
| 2026-08-06 | 137.45x |
| 2026-08-05 | 141.15x |
| 2026-08-04 | 149.64x |
| 2026-08-03 | 217.63x |
| 2026-07-31 | 192.51x |
| 2026-07-30 | 177.86x |
| 2026-07-29 | 161.07x |
| 2026-07-28 | 170.34x |
| 2026-07-27 | 173.56x |
| 2026-07-24 | 164.16x |
| 2026-07-23 | 179.61x |
| 2026-07-22 | 188.48x |
| 2026-07-21 | 189.28x |
| 2026-07-20 | 184.98x |
| 2026-07-17 | 185.79x |
| 2026-07-16 | 192.64x |
| 2026-07-15 | 209.44x |
| 2026-07-14 | 230.53x |
| 2026-07-13 | 225.69x |
| 2026-07-10 | 244.64x |
| 2026-07-09 | 247.73x |
| 2026-07-08 | 228.78x |
| 2026-07-07 | 220.99x |
| 2026-07-06 | 213.74x |
| 2026-07-02 | 218.04x |
| 2026-07-01 | 227.98x |
| 2026-06-30 | 221.26x |
| 2026-06-29 | 209.30x |
| 2026-06-26 | 203.79x |
| 2026-06-25 | 188.48x |
| 2026-06-24 | 169.00x |
| 2026-06-23 | 164.83x |
| 2026-06-22 | 117.27x |
| 2026-06-18 | 118.21x |
| 2026-06-17 | 119.29x |
| 2026-06-16 | 119.55x |
| 2026-06-15 | 117.14x |
| 2026-06-12 | 114.58x |
| 2026-06-11 | 110.96x |
| 2026-06-10 | 107.60x |
| 2026-06-09 | 107.33x |
| 2026-06-08 | 110.28x |
| 2026-06-05 | 112.43x |
| 2026-06-04 | 120.76x |
| 2026-06-03 | 114.99x |
| 2026-06-02 | 127.75x |
| 2026-06-01 | 130.57x |
| 2026-05-29 | 119.42x |
| 2026-05-28 | 110.96x |
| 2026-05-27 | 110.82x |
| 2026-05-26 | 112.57x |
| 2026-05-22 | 111.22x |
| 2026-05-21 | 107.19x |
| 2026-05-20 | 108.00x |
| 2026-05-19 | 109.07x |
| 2026-05-18 | 107.73x |
| 2026-05-15 | 102.63x |
| 2026-05-14 | 105.85x |
| 2026-05-13 | 107.19x |
| 2026-05-12 | 102.63x |
| 2026-05-11 | 104.24x |
| 2026-05-08 | 108.67x |
| 2026-05-07 | 108.94x |
| 2026-05-06 | 107.60x |
| 2026-05-05 | 110.15x |
| 2026-05-04 | 145.23x |
| 2026-05-01 | 139.94x |
| 2026-04-30 | 135.21x |
| 2026-04-29 | 132.42x |
| 2026-04-28 | 135.48x |
| 2026-04-27 | 132.98x |
| 2026-04-24 | 133.26x |
| 2026-04-23 | 128.25x |
| 2026-04-22 | 132.42x |
| 2026-04-21 | 131.86x |
| 2026-04-20 | 131.03x |
| 2026-04-17 | 130.19x |
| 2026-04-16 | 127.41x |
| 2026-04-15 | 122.40x |
| 2026-04-14 | 115.72x |
| 2026-04-13 | 113.77x |
| 2026-04-10 | 111.54x |
| 2026-04-09 | 112.93x |
| 2026-04-08 | 116.27x |
| 2026-04-07 | 116.83x |
| 2026-04-06 | 119.06x |
| 2026-04-02 | 117.39x |
| 2026-04-01 | 115.44x |
| 2026-03-31 | 112.10x |
| 2026-03-30 | 108.20x |
| 2026-03-27 | 110.71x |
| 2026-03-26 | 113.77x |
| 2026-03-25 | 117.11x |
| 2026-03-24 | 115.16x |
| 2026-03-23 | 117.67x |
| 2026-03-20 | 117.94x |
| 2026-03-19 | 117.67x |
| 2026-03-18 | 116.55x |
| 2026-03-17 | 118.78x |
| 2026-03-16 | 117.39x |
| 2026-03-13 | 117.39x |
| 2026-03-12 | 120.73x |
| 2026-03-11 | 121.01x |
| 2022-03-28 | 166.07x |
| 2022-03-25 | 161.90x |
| 2022-03-24 | 166.74x |
| 2022-03-23 | 159.48x |
| 2022-03-22 | 171.04x |
| 2022-03-21 | 170.90x |
| 2022-03-18 | 169.02x |
| 2022-03-17 | 166.47x |
| 2022-03-16 | 158.68x |
| 2022-03-15 | 146.99x |
| 2022-03-14 | 141.48x |
| 2022-03-11 | 149.01x |
| 2022-03-10 | 160.29x |
| 2022-03-09 | 163.11x |
| 2022-03-08 | 156.66x |
| 2022-03-07 | 150.35x |
| 2022-03-04 | 164.59x |
| 2022-03-03 | 162.84x |
| 2022-03-02 | 173.05x |
| 2022-03-01 | 163.38x |
| 2022-02-28 | 168.89x |
| 2022-02-25 | 159.22x |
| 2022-02-24 | 180.71x |
| 2022-02-23 | 165.13x |
| 2022-02-22 | 155.59x |
| 2022-02-18 | 148.87x |
| 2022-02-17 | 202.34x |
| 2022-02-16 | 222.63x |
| 2022-02-15 | 216.85x |
| 2022-02-14 | 193.88x |
| 2022-02-11 | 194.55x |
| 2022-02-10 | 218.86x |
| 2022-02-09 | 215.98x |
| 2022-02-08 | 203.28x |
| 2022-02-07 | 201.40x |
| 2022-02-04 | 190.11x |
| 2022-02-03 | 176.82x |
| 2022-02-02 | 188.10x |
| 2022-02-01 | 199.38x |
| 2022-01-31 | 193.74x |
| 2022-01-28 | 182.99x |
| 2022-01-27 | 178.70x |
| 2022-01-26 | 184.61x |
| 2022-01-25 | 186.35x |
| 2022-01-24 | 191.73x |
| 2022-01-21 | 181.11x |
| 2022-01-20 | 192.13x |
| 2022-01-19 | 196.16x |
| 2022-01-18 | 187.29x |
| 2022-01-14 | 192.00x |
| 2022-01-13 | 197.91x |
| 2022-01-12 | 209.46x |
| 2022-01-11 | 208.52x |
| 2022-01-10 | 200.06x |
| 2022-01-07 | 231.49x |
| 2022-01-06 | 225.72x |
| 2022-01-05 | 232.97x |
| 2022-01-04 | 247.88x |
| 2022-01-03 | 256.21x |
| 2021-12-31 | 242.91x |
| 2021-12-30 | 250.97x |
| 2021-12-29 | 250.84x |
| 2021-12-28 | 251.38x |
| 2021-12-27 | 265.35x |
| 2021-12-23 | 266.82x |
| 2021-12-22 | 256.08x |
| 2021-12-21 | 265.48x |
| 2021-12-20 | 277.84x |
| 2021-12-17 | 246.54x |
| 2021-12-16 | 277.71x |
| 2021-12-15 | 266.56x |
| 2021-12-14 | 94.91x |
| 2021-12-13 | 98.41x |
| 2021-12-10 | 99.19x |
| 2021-12-09 | 108.11x |
| 2021-12-08 | 110.15x |
| 2021-12-07 | 109.76x |
| 2021-12-06 | 102.83x |
| 2021-12-03 | 103.22x |
| 2021-12-02 | 100.49x |
| 2021-12-01 | 91.31x |
| 2021-11-30 | 98.80x |
| 2021-11-29 | 102.87x |
| 2021-11-26 | 116.99x |
| 2021-11-24 | 118.42x |
| 2021-11-23 | 112.22x |
| 2021-11-22 | 126.47x |
| 2021-11-19 | 122.96x |
| 2021-11-18 | 139.81x |
| 2021-11-17 | 140.76x |
| 2021-11-16 | 142.23x |
| 2021-11-15 | 116.25x |
| 2021-11-12 | 101.27x |
| 2021-11-11 | 92.01x |