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 40.75x is in line with its estimated 3-year average of 41.73x, around the middle of its estimated 3-year range (15.04x–81.69x).
As of 2026-10-06T22:51:05.710Z. 21.45% below its estimated 12-month average of 51.88x.
Calculation as of: 2026-10-06T22:51:05.710Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4c81694e8409b9db581709164af80912c835aad34d8628ab81d864ebee598519
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
40.75x
EV/EBITDA RATIO AVG TTM
51.88x
EV/EBITDA RATIO AVG 3Y
41.73x
EV/EBITDA RATIO AVG 5Y
41.73x
EV/EBITDA RATIO AVG 10Y
41.73x
EV/EBITDA RATIO AVG 15Y
42.84x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.45%
CURRENT VS 3Y AVG
-2.34%
CURRENT VS 5Y AVG
-2.34%
CURRENT VS 10Y AVG
-2.34%
CURRENT VS 15Y AVG
-4.87%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
15.31x
median of 268 covered companies
CURRENT VS SECTOR MEDIAN
+166.17%
vs the sector median at left
Electrovaya Inc.
Market Cap
$321.80M
EV/EBITDA Ratio
40.75x
TTM Avg
51.88x
3Y Avg
41.73x
5Y Avg
41.73x
Market Cap
$328.02M
EV/EBITDA Ratio
N/A
TTM Avg
240.49x
3Y Avg
188.30x
5Y Avg
96.92x
Market Cap
$315.50M
EV/EBITDA Ratio
19.21x
TTM Avg
26.58x
3Y Avg
40.86x
5Y Avg
41.50x
Market Cap
$306.71M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$339.11M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$302.44M
EV/EBITDA Ratio
17.80x
TTM Avg
15.17x
3Y Avg
15.17x
5Y Avg
15.17x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electrovaya Inc. (ELVA) | $321.80M | 40.75x | 51.88x | 41.73x | 41.73x |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $328.02M | N/A | 240.49x | 188.30x | 96.92x |
| FTAI Infrastructure Inc. (FIP)vs › | $315.50M | 19.21x | 26.58x | 40.86x | 41.50x |
| Deep Fission, Inc. (FISN)vs › | $330.02M | N/A | N/A | N/A | N/A |
| NN, Inc. (NNBR)vs › | $333.63M | 22.66x | 19.53x | 14.47x | 12.78x |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $306.71M | N/A | N/A | N/A | N/A |
| StealthGas Inc. (GASS)vs › | $337.65M | 3.37x | 2.65x | 3.23x | 4.24x |
| X-Energy, Inc. Class A Common Stock (XE)vs › | $339.11M | N/A | N/A | N/A | N/A |
| Matrix Service Company (MTRX)vs › | $302.44M | 17.80x | 15.17x | 15.17x | 15.17x |
| American Battery Technology Company Common Stock (ABAT)vs › | $293.29M | N/A | N/A | N/A | N/A |
At 40.8, EV/EBITDA is below its estimated 17-year median — higher than 35% of readings in its estimated 17-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 17-year low
15.0
median
49.2
estimated 17-year high
918.9
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 | 42.15x |
| 2026-10-02 | 43.81x |
| 2026-10-01 | 42.58x |
| 2026-09-30 | 43.13x |
| 2026-09-29 | 42.09x |
| 2026-09-28 | 40.75x |
| 2026-09-25 | 42.09x |
| 2026-09-24 | 42.34x |
| 2026-09-23 | 42.70x |
| 2026-09-22 | 44.42x |
| 2026-09-21 | 44.66x |
| 2026-09-18 | 43.68x |
| 2026-09-17 | 42.95x |
| 2026-09-16 | 41.11x |
| 2026-09-15 | 41.18x |
| 2026-09-14 | 42.28x |
| 2026-09-11 | 42.58x |
| 2026-09-10 | 43.56x |
| 2026-09-09 | 44.72x |
| 2026-09-08 | 46.99x |
| 2026-09-04 | 45.46x |
| 2026-09-03 | 44.54x |
| 2026-09-02 | 42.83x |
| 2026-09-01 | 43.26x |
| 2026-08-31 | 43.93x |
| 2026-08-28 | 43.93x |
| 2026-08-27 | 45.09x |
| 2026-08-26 | 43.32x |
| 2026-08-25 | 44.05x |
| 2026-08-24 | 42.40x |
| 2026-08-21 | 43.87x |
| 2026-08-20 | 44.11x |
| 2026-08-19 | 48.03x |
| 2026-08-18 | 49.13x |
| 2026-08-17 | 50.35x |
| 2026-08-14 | 51.88x |
| 2026-08-13 | 49.68x |
| 2026-08-12 | 50.10x |
| 2026-08-11 | 43.81x |
| 2026-08-10 | 55.05x |
| 2026-08-07 | 57.52x |
| 2026-08-06 | 55.05x |
| 2026-08-05 | 55.22x |
| 2026-08-04 | 54.53x |
| 2026-08-03 | 52.11x |
| 2026-07-31 | 48.94x |
| 2026-07-30 | 50.90x |
| 2026-07-29 | 45.77x |
| 2026-07-28 | 47.61x |
| 2026-07-27 | 49.97x |
| 2026-07-24 | 49.57x |
| 2026-07-23 | 51.24x |
| 2026-07-22 | 53.95x |
| 2026-07-21 | 60.29x |
| 2026-07-20 | 54.35x |
| 2026-07-17 | 56.20x |
| 2026-07-16 | 56.54x |
| 2026-07-15 | 69.34x |
| 2026-07-14 | 47.03x |
| 2026-07-13 | 46.46x |
| 2026-07-10 | 51.24x |
| 2026-07-09 | 53.43x |
| 2026-07-08 | 53.60x |
| 2026-07-07 | 53.32x |
| 2026-07-06 | 57.29x |
| 2026-07-02 | 57.47x |
| 2026-07-01 | 61.96x |
| 2026-06-30 | 62.08x |
| 2026-06-29 | 60.58x |
| 2026-06-26 | 57.81x |
| 2026-06-25 | 57.29x |
| 2026-06-24 | 56.60x |
| 2026-06-23 | 58.97x |
| 2026-06-22 | 61.16x |
| 2026-06-18 | 61.62x |
| 2026-06-17 | 58.62x |
| 2026-06-16 | 56.72x |
| 2026-06-15 | 59.89x |
| 2026-06-12 | 56.31x |
| 2026-06-11 | 58.10x |
| 2026-06-10 | 55.16x |
| 2026-06-09 | 58.33x |
| 2026-06-08 | 61.21x |
| 2026-06-05 | 61.16x |
| 2026-06-04 | 65.60x |
| 2026-06-03 | 66.58x |
| 2026-06-02 | 72.22x |
| 2026-06-01 | 66.86x |
| 2026-05-29 | 68.94x |
| 2026-05-28 | 69.05x |
| 2026-05-27 | 68.25x |
| 2026-05-26 | 68.71x |
| 2026-05-22 | 64.27x |
| 2026-05-21 | 60.98x |
| 2026-05-20 | 60.29x |
| 2026-05-19 | 56.14x |
| 2026-05-18 | 57.87x |
| 2026-05-15 | 50.78x |
| 2026-05-14 | 59.22x |
| 2026-05-13 | 56.02x |
| 2026-05-12 | 55.13x |
| 2026-05-11 | 59.48x |
| 2026-05-08 | 56.02x |
| 2026-05-07 | 51.99x |
| 2026-05-06 | 55.66x |
| 2026-05-05 | 54.35x |
| 2026-05-04 | 50.26x |
| 2026-05-01 | 50.52x |
| 2026-04-30 | 49.26x |
| 2026-04-29 | 47.90x |
| 2026-04-28 | 48.00x |
| 2026-04-27 | 49.52x |
| 2026-04-24 | 51.78x |
| 2026-04-23 | 53.93x |
| 2026-04-22 | 53.72x |
| 2026-04-21 | 50.47x |
| 2026-04-20 | 52.93x |
| 2026-04-17 | 51.20x |
| 2026-04-16 | 50.94x |
| 2026-04-15 | 50.26x |
| 2026-04-14 | 50.89x |
| 2026-04-13 | 45.38x |
| 2026-04-10 | 44.02x |
| 2026-04-09 | 43.76x |
| 2026-04-08 | 43.23x |
| 2026-04-07 | 40.35x |
| 2026-04-06 | 42.97x |
| 2026-04-02 | 42.92x |
| 2026-04-01 | 43.34x |
| 2026-03-31 | 41.71x |
| 2026-03-30 | 38.67x |
| 2026-03-27 | 39.51x |
| 2026-03-26 | 39.25x |
| 2026-03-25 | 41.50x |
| 2026-03-24 | 40.82x |
| 2026-03-23 | 40.87x |
| 2026-03-20 | 38.67x |
| 2026-03-19 | 40.82x |
| 2026-03-18 | 40.51x |
| 2026-03-17 | 43.97x |
| 2026-03-16 | 43.97x |
| 2026-03-13 | 42.55x |
| 2026-03-12 | 45.91x |
| 2026-03-11 | 45.54x |
| 2026-03-10 | 43.55x |
| 2026-03-09 | 41.40x |
| 2026-03-06 | 41.56x |
| 2026-03-05 | 41.50x |
| 2026-03-04 | 43.44x |
| 2026-03-03 | 39.20x |
| 2026-03-02 | 41.19x |
| 2026-02-27 | 40.35x |
| 2026-02-26 | 41.66x |
| 2026-02-25 | 40.98x |
| 2026-02-24 | 42.66x |
| 2026-02-23 | 38.99x |
| 2026-02-20 | 40.93x |
| 2026-02-19 | 42.87x |
| 2026-02-18 | 43.44x |
| 2026-02-17 | 41.87x |
| 2026-02-13 | 48.47x |
| 2026-02-12 | 54.43x |
| 2026-02-11 | 57.77x |
| 2026-02-10 | 56.40x |
| 2026-02-09 | 58.36x |
| 2026-02-06 | 55.03x |
| 2026-02-05 | 50.91x |
| 2026-02-04 | 57.23x |
| 2026-02-03 | 68.55x |
| 2026-02-02 | 69.21x |
| 2026-01-30 | 66.82x |
| 2026-01-29 | 65.21x |
| 2026-01-28 | 65.81x |
| 2026-01-27 | 67.30x |
| 2026-01-26 | 64.08x |
| 2026-01-23 | 67.96x |
| 2026-01-22 | 68.31x |
| 2026-01-21 | 66.11x |
| 2026-01-20 | 65.51x |
| 2026-01-16 | 60.81x |
| 2026-01-15 | 56.28x |
| 2026-01-14 | 54.07x |
| 2026-01-13 | 53.30x |
| 2026-01-12 | 55.74x |
| 2026-01-09 | 55.03x |
| 2026-01-08 | 54.31x |
| 2026-01-07 | 54.37x |
| 2026-01-06 | 54.01x |
| 2026-01-05 | 52.82x |
| 2026-01-02 | 49.48x |
| 2025-12-31 | 49.36x |
| 2025-12-30 | 48.41x |
| 2025-12-29 | 49.01x |
| 2025-12-26 | 49.84x |
| 2025-12-24 | 49.19x |
| 2025-12-23 | 48.35x |
| 2025-12-22 | 46.98x |
| 2025-12-19 | 62.57x |
| 2025-12-18 | 62.22x |
| 2025-12-17 | 58.49x |
| 2025-12-16 | 60.58x |
| 2025-12-15 | 61.53x |
| 2025-12-12 | 61.18x |
| 2025-12-11 | 63.96x |
| 2025-12-10 | 50.42x |
| 2025-12-09 | 50.42x |
| 2025-12-08 | 49.99x |
| 2025-12-05 | 50.25x |
| 2025-12-04 | 49.38x |
| 2025-12-03 | 46.43x |
| 2025-12-02 | 44.35x |
| 2025-12-01 | 43.65x |
| 2025-11-28 | 44.78x |
| 2025-11-26 | 44.26x |
| 2025-11-25 | 42.96x |
| 2025-11-24 | 40.44x |
| 2025-11-21 | 41.05x |
| 2025-11-20 | 41.14x |
| 2025-11-19 | 43.05x |
| 2025-11-18 | 43.57x |
| 2025-11-17 | 44.00x |
| 2025-11-14 | 44.96x |
| 2025-11-13 | 47.30x |
| 2025-11-12 | 47.99x |
| 2025-11-11 | 47.91x |
| 2025-11-10 | 50.60x |
| 2025-11-07 | 50.08x |
| 2025-11-06 | 48.51x |
| 2025-11-05 | 52.33x |
| 2025-11-04 | 54.07x |
| 2025-11-03 | 59.10x |
| 2025-10-31 | 59.88x |
| 2025-10-30 | 59.79x |
| 2025-10-29 | 60.05x |
| 2025-10-28 | 57.10x |
| 2025-10-27 | 58.23x |
| 2025-10-24 | 61.01x |
| 2025-10-23 | 58.32x |
| 2025-10-22 | 55.80x |
| 2025-10-21 | 59.71x |
| 2025-10-20 | 59.97x |
| 2025-10-17 | 61.18x |
| 2025-10-16 | 62.66x |
| 2025-10-15 | 67.17x |
| 2025-10-14 | 67.69x |
| 2025-10-13 | 69.77x |
| 2025-10-10 | 61.36x |
| 2025-10-09 | 60.49x |
| 2025-10-08 | 60.58x |
| 2025-10-07 | 61.36x |
| 2025-10-06 | 62.22x |
| 2025-10-03 | 57.36x |
| 2025-10-02 | 54.41x |
| 2025-10-01 | 55.37x |
| 2025-09-30 | 54.85x |
| 2025-09-29 | 57.02x |
| 2025-09-26 | 56.58x |
| 2025-09-25 | 61.01x |
| 2025-09-24 | 68.30x |
| 2025-09-23 | 66.48x |
Showing the most recent 260 of 859 data points. The chart above shows the full history.