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 31.24x is 35% below its estimated 5-year average of 48.22x, near the low end of its estimated 5-year range (25.41x–135.29x).
As of 2026-10-06T16:32:50.536Z. 24.99% below its estimated 12-month average of 41.65x.
Calculation as of: 2026-10-06T16:32:50.536Z.
Quote observation: 2026-10-06T16:30:41.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e6bdf0bc909d2c3cf865d911999059ac9514d98171e89fb118f348db58d850a2
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
31.24x
EV/EBITDA RATIO AVG TTM
41.65x
EV/EBITDA RATIO AVG 3Y
48.11x
EV/EBITDA RATIO AVG 5Y
48.22x
EV/EBITDA RATIO AVG 10Y
39.92x
EV/EBITDA RATIO AVG 15Y
34.19x
EV/EBITDA RATIO AVG 20Y
28.55x
CURRENT VS TTM AVG
-24.99%
CURRENT VS 3Y AVG
-35.06%
CURRENT VS 5Y AVG
-35.21%
CURRENT VS 10Y AVG
-21.75%
CURRENT VS 15Y AVG
-8.64%
CURRENT VS 20Y AVG
+9.42%
SECTOR MEDIAN · TECHNOLOGY
22.03x
median of 319 covered companies
CURRENT VS SECTOR MEDIAN
+41.81%
vs the sector median at left
Market Cap
$2.18B
EV/EBITDA Ratio
231.38x
TTM Avg
199.20x
3Y Avg
81.67x
5Y Avg
50.62x
Market Cap
$2.24B
EV/EBITDA Ratio
1103.35x
TTM Avg
1220.57x
3Y Avg
1220.57x
5Y Avg
1220.57x
Market Cap
$2.26B
EV/EBITDA Ratio
66.85x
TTM Avg
106.95x
3Y Avg
183.21x
5Y Avg
415.17x
Market Cap
$2.32B
EV/EBITDA Ratio
15.74x
TTM Avg
12.50x
3Y Avg
13.38x
5Y Avg
11.89x
Market Cap
$2.07B
EV/EBITDA Ratio
N/A
TTM Avg
111.93x
3Y Avg
64.67x
5Y Avg
45.79x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innodata Inc. (INOD) | $2.20B | 31.24x | 41.65x | 48.11x | 48.22x |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.18B | 231.38x | 199.20x | 81.67x | 50.62x |
| Asana, Inc. (ASAN)vs › | $2.21B | N/A | N/A | N/A | N/A |
| Schrödinger, Inc. (SDGR)vs › | $2.16B | N/A | N/A | N/A | N/A |
| nLIGHT, Inc. (LASR)vs › | $2.24B | 1103.35x | 1220.57x | 1220.57x | 1220.57x |
| PDF Solutions, Inc. (PDFS)vs › | $2.26B | 66.85x | 106.95x | 183.21x | 415.17x |
| nCino, Inc. (NCNO)vs › | $2.11B | 26.25x | 61.77x | 187.45x | 187.45x |
| PC Connection, Inc. (CNXN)vs › | $2.32B | 15.74x | 12.50x | 13.38x | 11.89x |
| Keel Infrastructure Corp. (KEEL)vs › | $2.07B | N/A | 111.93x | 64.67x | 45.79x |
| GigaCloud Technology Inc. (GCT)vs › | $2.06B | 12.44x | 10.53x | 9.42x | 9.22x |
At 31.2, EV/EBITDA is near its estimated 19-year median — higher than 59% of readings in its estimated 19-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 19-year low
3.3
median
22.0
estimated 19-year high
638.4
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 | 33.29x |
| 2026-10-02 | 34.99x |
| 2026-10-01 | 35.97x |
| 2026-09-30 | 32.62x |
| 2026-09-29 | 33.27x |
| 2026-09-28 | 33.19x |
| 2026-09-25 | 34.52x |
| 2026-09-24 | 35.98x |
| 2026-09-23 | 36.05x |
| 2026-09-22 | 34.94x |
| 2026-09-21 | 30.03x |
| 2026-09-18 | 27.88x |
| 2026-09-17 | 27.79x |
| 2026-09-16 | 26.93x |
| 2026-09-15 | 26.35x |
| 2026-09-14 | 26.83x |
| 2026-09-11 | 25.72x |
| 2026-09-10 | 25.66x |
| 2026-09-09 | 26.50x |
| 2026-09-08 | 27.32x |
| 2026-09-04 | 27.06x |
| 2026-09-03 | 26.73x |
| 2026-09-02 | 26.31x |
| 2026-09-01 | 26.50x |
| 2026-08-31 | 27.48x |
| 2026-08-28 | 27.58x |
| 2026-08-27 | 29.03x |
| 2026-08-26 | 27.16x |
| 2026-08-25 | 27.90x |
| 2026-08-24 | 27.87x |
| 2026-08-21 | 31.77x |
| 2026-08-20 | 30.99x |
| 2026-08-19 | 30.98x |
| 2026-08-18 | 30.34x |
| 2026-08-17 | 31.82x |
| 2026-08-14 | 31.57x |
| 2026-08-13 | 30.63x |
| 2026-08-12 | 30.26x |
| 2026-08-11 | 30.94x |
| 2026-08-10 | 30.68x |
| 2026-08-07 | 30.74x |
| 2026-08-06 | 41.36x |
| 2026-08-05 | 43.94x |
| 2026-08-04 | 44.50x |
| 2026-08-03 | 39.88x |
| 2026-07-31 | 39.60x |
| 2026-07-30 | 37.77x |
| 2026-07-29 | 34.67x |
| 2026-07-28 | 36.10x |
| 2026-07-27 | 37.33x |
| 2026-07-24 | 34.99x |
| 2026-07-23 | 37.73x |
| 2026-07-22 | 38.66x |
| 2026-07-21 | 40.13x |
| 2026-07-20 | 39.10x |
| 2026-07-17 | 38.26x |
| 2026-07-16 | 38.36x |
| 2026-07-15 | 41.24x |
| 2026-07-14 | 42.46x |
| 2026-07-13 | 43.11x |
| 2026-07-10 | 42.90x |
| 2026-07-09 | 43.81x |
| 2026-07-08 | 43.71x |
| 2026-07-07 | 44.13x |
| 2026-07-06 | 46.43x |
| 2026-07-02 | 43.61x |
| 2026-07-01 | 45.84x |
| 2026-06-30 | 48.06x |
| 2026-06-29 | 48.77x |
| 2026-06-26 | 46.95x |
| 2026-06-25 | 46.47x |
| 2026-06-24 | 52.03x |
| 2026-06-23 | 55.66x |
| 2026-06-22 | 58.09x |
| 2026-06-18 | 61.29x |
| 2026-06-17 | 65.95x |
| 2026-06-16 | 69.20x |
| 2026-06-15 | 64.05x |
| 2026-06-12 | 64.87x |
| 2026-06-11 | 67.83x |
| 2026-06-10 | 64.20x |
| 2026-06-09 | 63.46x |
| 2026-06-08 | 66.13x |
| 2026-06-05 | 65.58x |
| 2026-06-04 | 78.55x |
| 2026-06-03 | 69.77x |
| 2026-06-02 | 73.72x |
| 2026-06-01 | 74.45x |
| 2026-05-29 | 67.58x |
| 2026-05-28 | 63.84x |
| 2026-05-27 | 56.97x |
| 2026-05-26 | 61.56x |
| 2026-05-22 | 61.27x |
| 2026-05-21 | 63.30x |
| 2026-05-20 | 60.76x |
| 2026-05-19 | 56.43x |
| 2026-05-18 | 60.77x |
| 2026-05-15 | 61.69x |
| 2026-05-14 | 57.74x |
| 2026-05-13 | 57.60x |
| 2026-05-12 | 59.02x |
| 2026-05-11 | 66.82x |
| 2026-05-08 | 54.24x |
| 2026-05-07 | 34.22x |
| 2026-05-06 | 34.91x |
| 2026-05-05 | 34.22x |
| 2026-05-04 | 34.28x |
| 2026-05-01 | 32.94x |
| 2026-04-30 | 31.53x |
| 2026-04-29 | 29.74x |
| 2026-04-28 | 31.26x |
| 2026-04-27 | 31.22x |
| 2026-04-24 | 31.62x |
| 2026-04-23 | 32.52x |
| 2026-04-22 | 35.55x |
| 2026-04-21 | 34.65x |
| 2026-04-20 | 35.24x |
| 2026-04-17 | 35.24x |
| 2026-04-16 | 32.47x |
| 2026-04-15 | 32.80x |
| 2026-04-14 | 30.82x |
| 2026-04-13 | 28.99x |
| 2026-04-10 | 26.30x |
| 2026-04-09 | 26.70x |
| 2026-04-08 | 29.66x |
| 2026-04-07 | 28.83x |
| 2026-04-06 | 29.07x |
| 2026-04-02 | 28.57x |
| 2026-04-01 | 29.51x |
| 2026-03-31 | 28.69x |
| 2026-03-30 | 25.41x |
| 2026-03-27 | 27.51x |
| 2026-03-26 | 30.57x |
| 2026-03-25 | 32.67x |
| 2026-03-24 | 33.17x |
| 2026-03-23 | 33.67x |
| 2026-03-20 | 32.66x |
| 2026-03-19 | 33.27x |
| 2026-03-18 | 33.17x |
| 2026-03-17 | 34.06x |
| 2026-03-16 | 33.07x |
| 2026-03-13 | 31.75x |
| 2026-03-12 | 31.94x |
| 2026-03-11 | 33.60x |
| 2026-03-10 | 32.95x |
| 2026-03-09 | 34.11x |
| 2026-03-06 | 33.83x |
| 2026-03-05 | 33.25x |
| 2026-03-04 | 33.27x |
| 2026-03-03 | 32.71x |
| 2026-03-02 | 33.29x |
| 2026-02-27 | 33.06x |
| 2026-02-26 | 35.83x |
| 2026-02-25 | 34.74x |
| 2026-02-24 | 33.17x |
| 2026-02-23 | 32.91x |
| 2026-02-20 | 33.66x |
| 2026-02-19 | 34.29x |
| 2026-02-18 | 33.47x |
| 2026-02-17 | 32.25x |
| 2026-02-13 | 33.32x |
| 2026-02-12 | 32.62x |
| 2026-02-11 | 34.12x |
| 2026-02-10 | 35.80x |
| 2026-02-09 | 36.63x |
| 2026-02-06 | 35.83x |
| 2026-02-05 | 32.64x |
| 2026-02-04 | 35.43x |
| 2026-02-03 | 41.18x |
| 2026-02-02 | 41.80x |
| 2026-01-30 | 42.00x |
| 2026-01-29 | 48.61x |
| 2026-01-28 | 42.31x |
| 2026-01-27 | 44.52x |
| 2026-01-26 | 45.14x |
| 2026-01-23 | 45.20x |
| 2026-01-22 | 46.14x |
| 2026-01-21 | 44.87x |
| 2026-01-20 | 46.85x |
| 2026-01-16 | 46.79x |
| 2026-01-15 | 43.70x |
| 2026-01-14 | 48.06x |
| 2026-01-13 | 47.70x |
| 2026-01-12 | 46.88x |
| 2026-01-09 | 49.48x |
| 2026-01-08 | 48.48x |
| 2026-01-07 | 48.75x |
| 2026-01-06 | 49.52x |
| 2026-01-05 | 47.16x |
| 2026-01-02 | 40.08x |
| 2025-12-31 | 38.47x |
| 2025-12-30 | 39.05x |
| 2025-12-29 | 39.36x |
| 2025-12-26 | 39.70x |
| 2025-12-24 | 40.49x |
| 2025-12-23 | 40.52x |
| 2025-12-22 | 41.03x |
| 2025-12-19 | 40.08x |
| 2025-12-18 | 36.12x |
| 2025-12-17 | 36.27x |
| 2025-12-16 | 38.32x |
| 2025-12-15 | 37.12x |
| 2025-12-12 | 39.61x |
| 2025-12-11 | 41.07x |
| 2025-12-10 | 41.51x |
| 2025-12-09 | 42.28x |
| 2025-12-08 | 43.67x |
| 2025-12-05 | 43.84x |
| 2025-12-04 | 44.29x |
| 2025-12-03 | 45.31x |
| 2025-12-02 | 44.85x |
| 2025-12-01 | 41.68x |
| 2025-11-28 | 43.59x |
| 2025-11-26 | 43.49x |
| 2025-11-25 | 42.19x |
| 2025-11-24 | 43.17x |
| 2025-11-21 | 38.87x |
| 2025-11-20 | 39.51x |
| 2025-11-19 | 41.96x |
| 2025-11-18 | 41.96x |
| 2025-11-17 | 42.57x |
| 2025-11-14 | 43.39x |
| 2025-11-13 | 43.07x |
| 2025-11-12 | 47.11x |
| 2025-11-11 | 47.52x |
| 2025-11-10 | 52.29x |
| 2025-11-07 | 49.59x |
| 2025-11-06 | 44.72x |
| 2025-11-05 | 47.58x |
| 2025-11-04 | 49.21x |
| 2025-11-03 | 53.44x |
| 2025-10-31 | 55.06x |
| 2025-10-30 | 55.06x |
| 2025-10-29 | 58.14x |
| 2025-10-28 | 55.71x |
| 2025-10-27 | 58.62x |
| 2025-10-24 | 56.59x |
| 2025-10-23 | 54.52x |
| 2025-10-22 | 53.14x |
| 2025-10-21 | 56.88x |
| 2025-10-20 | 56.02x |
| 2025-10-17 | 58.70x |
| 2025-10-16 | 60.24x |
| 2025-10-15 | 61.37x |
| 2025-10-14 | 55.98x |
| 2025-10-13 | 60.39x |
| 2025-10-10 | 61.59x |
| 2025-10-09 | 67.96x |
| 2025-10-08 | 69.06x |
| 2025-10-07 | 64.74x |
| 2025-10-06 | 64.60x |
| 2025-10-03 | 62.24x |
| 2025-10-02 | 64.71x |
| 2025-10-01 | 60.90x |
| 2025-09-30 | 56.91x |
| 2025-09-29 | 56.06x |
| 2025-09-26 | 51.97x |
| 2025-09-25 | 50.54x |
| 2025-09-24 | 51.15x |
| 2025-09-23 | 54.49x |
Showing the most recent 260 of 3,634 data points. The chart above shows the full history.
