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 1111.37x is in line with its estimated 1-year average of 1220.57x, near the low end of its estimated 1-year range (1056.70x–1571.76x).
As of 2026-10-06T20:03:00.981Z. 8.95% below its estimated 12-month average of 1220.57x.
Calculation as of: 2026-10-06T20:03:00.981Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 34c8121147dec23cd294d5ba5ccce51b73b1879410994e59f1d491094cbd814c
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
1111.37x
EV/EBITDA RATIO AVG TTM
1220.57x
EV/EBITDA RATIO AVG 3Y
1220.57x
EV/EBITDA RATIO AVG 5Y
1220.57x
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
-8.95%
CURRENT VS 3Y AVG
-8.95%
CURRENT VS 5Y AVG
-8.95%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
21.41x
median of 345 covered companies
CURRENT VS SECTOR MEDIAN
+5090.89%
vs the sector median at left
nLIGHT, Inc.
Market Cap
$2.26B
EV/EBITDA Ratio
1111.37x
TTM Avg
1220.57x
3Y Avg
1220.57x
5Y Avg
1220.57x
Market Cap
$2.28B
EV/EBITDA Ratio
67.38x
TTM Avg
106.95x
3Y Avg
183.21x
5Y Avg
415.17x
Market Cap
$2.33B
EV/EBITDA Ratio
15.79x
TTM Avg
12.50x
3Y Avg
13.38x
5Y Avg
11.89x
Market Cap
$2.18B
EV/EBITDA Ratio
230.84x
TTM Avg
199.20x
3Y Avg
81.67x
5Y Avg
50.62x
Market Cap
$2.10B
EV/EBITDA Ratio
N/A
TTM Avg
111.93x
3Y Avg
64.67x
5Y Avg
45.79x
Market Cap
$2.42B
EV/EBITDA Ratio
11.36x
TTM Avg
9.59x
3Y Avg
13.55x
5Y Avg
26.63x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nLIGHT, Inc. (LASR) | $2.26B | 1111.37x | 1220.57x | 1220.57x | 1220.57x |
| PDF Solutions, Inc. (PDFS)vs › | $2.28B | 67.38x | 106.95x | 183.21x | 415.17x |
| Asana, Inc. (ASAN)vs › | $2.21B | N/A | N/A | N/A | N/A |
| PC Connection, Inc. (CNXN)vs › | $2.33B | 15.79x | 12.50x | 13.38x | 11.89x |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.18B | 230.84x | 199.20x | 81.67x | 50.62x |
| Schrödinger, Inc. (SDGR)vs › | $2.17B | N/A | N/A | N/A | N/A |
| Innodata Inc. (INOD)vs › | $2.16B | 30.67x | 42.05x | 48.47x | 51.14x |
| Keel Infrastructure Corp. (KEEL)vs › | $2.10B | N/A | 111.93x | 64.67x | 45.79x |
| Payoneer Global Inc. (PAYO)vs › | $2.42B | 11.36x | 9.59x | 13.55x | 26.63x |
| Euronet Worldwide, Inc. (EEFT)vs › | $2.42B | 3.11x | 5.40x | 7.43x | 10.20x |
At 1111.4, EV/EBITDA is above its estimated 8-year median — higher than 94% of readings in its estimated 8-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 8-year low
15.4
median
29.8
estimated 8-year high
1571.8
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 | 1107.31x |
| 2026-10-02 | 1141.91x |
| 2026-10-01 | 1121.09x |
| 2026-09-30 | 1089.70x |
| 2026-09-29 | 1091.62x |
| 2026-09-28 | 1108.91x |
| 2026-09-25 | 1133.90x |
| 2026-09-24 | 1143.19x |
| 2026-09-23 | 1154.72x |
| 2026-09-22 | 1161.77x |
| 2026-09-21 | 1129.41x |
| 2026-09-18 | 1118.20x |
| 2026-09-17 | 1073.04x |
| 2026-09-16 | 1077.20x |
| 2026-09-15 | 1056.70x |
| 2026-09-14 | 1073.68x |
| 2026-09-11 | 1135.18x |
| 2026-09-10 | 1100.59x |
| 2026-09-09 | 1155.04x |
| 2026-09-08 | 1172.34x |
| 2026-09-04 | 1125.25x |
| 2026-09-03 | 1170.41x |
| 2026-09-02 | 1103.79x |
| 2026-09-01 | 1133.58x |
| 2026-08-31 | 1196.04x |
| 2026-08-28 | 1217.50x |
| 2026-08-27 | 1283.16x |
| 2026-08-26 | 1241.84x |
| 2026-08-25 | 1229.03x |
| 2026-08-24 | 1254.98x |
| 2026-08-21 | 1360.04x |
| 2026-08-20 | 1353.63x |
| 2026-08-19 | 1375.73x |
| 2026-08-18 | 1443.64x |
| 2026-08-17 | 1571.76x |
| 2026-08-14 | 1526.92x |
| 2026-08-13 | 1454.85x |
| 2026-08-12 | 1541.01x |
| 2026-08-11 | 1418.33x |
| 2026-08-10 | 1475.99x |
| 2020-03-09 | 36.07x |
| 2020-03-06 | 41.41x |
| 2020-03-05 | 43.86x |
| 2020-03-04 | 46.27x |
| 2020-03-03 | 43.08x |
| 2020-03-02 | 46.98x |
| 2020-02-28 | 47.42x |
| 2020-02-27 | 42.67x |
| 2020-02-26 | 45.31x |
| 2020-02-25 | 46.57x |
| 2020-02-24 | 48.94x |
| 2020-02-21 | 52.54x |
| 2020-02-20 | 59.74x |
| 2020-02-19 | 60.33x |
| 2020-02-18 | 54.99x |
| 2020-02-14 | 58.47x |
| 2020-02-13 | 62.67x |
| 2020-02-12 | 63.82x |
| 2020-02-11 | 60.66x |
| 2020-02-10 | 57.99x |
| 2020-02-07 | 58.22x |
| 2020-02-06 | 61.52x |
| 2020-02-05 | 60.63x |
| 2020-02-04 | 57.47x |
| 2020-02-03 | 51.69x |
| 2020-01-31 | 51.35x |
| 2020-01-30 | 56.29x |
| 2020-01-29 | 55.69x |
| 2020-01-28 | 58.25x |
| 2020-01-27 | 58.88x |
| 2020-01-24 | 62.37x |
| 2020-01-23 | 64.63x |
| 2020-01-22 | 63.45x |
| 2020-01-21 | 65.15x |
| 2020-01-17 | 66.00x |
| 2020-01-16 | 66.49x |
| 2020-01-15 | 64.56x |
| 2020-01-14 | 64.37x |
| 2020-01-13 | 63.93x |
| 2020-01-10 | 61.85x |
| 2020-01-09 | 63.67x |
| 2020-01-08 | 65.19x |
| 2020-01-07 | 61.74x |
| 2020-01-06 | 60.59x |
| 2020-01-03 | 59.62x |
| 2020-01-02 | 61.18x |
| 2019-12-31 | 61.41x |
| 2019-12-30 | 60.59x |
| 2019-12-27 | 59.29x |
| 2019-12-26 | 60.33x |
| 2019-12-24 | 58.22x |
| 2019-12-23 | 58.66x |
| 2019-12-20 | 58.88x |
| 2019-12-19 | 60.14x |
| 2019-12-18 | 60.70x |
| 2019-12-17 | 61.66x |
| 2019-12-16 | 62.74x |
| 2019-12-13 | 59.96x |
| 2019-12-12 | 61.85x |
| 2019-12-11 | 59.18x |
| 2019-12-10 | 57.14x |
| 2019-12-09 | 57.70x |
| 2019-12-06 | 59.77x |
| 2019-12-05 | 59.33x |
| 2019-12-04 | 59.77x |
| 2019-12-03 | 57.44x |
| 2019-12-02 | 58.03x |
| 2019-11-29 | 60.11x |
| 2019-11-27 | 59.74x |
| 2019-11-26 | 59.66x |
| 2019-11-25 | 59.59x |
| 2019-11-22 | 58.47x |
| 2019-11-21 | 60.22x |
| 2019-11-20 | 60.33x |
| 2019-11-19 | 59.70x |
| 2019-11-18 | 59.96x |
| 2019-11-15 | 62.67x |
| 2019-11-14 | 49.09x |
| 2019-11-13 | 49.68x |
| 2019-11-12 | 49.80x |
| 2019-11-11 | 48.35x |
| 2019-11-08 | 47.64x |
| 2019-11-07 | 49.17x |
| 2019-11-06 | 30.59x |
| 2019-11-05 | 28.49x |
| 2019-11-04 | 25.39x |
| 2019-11-01 | 24.19x |
| 2019-10-31 | 22.45x |
| 2019-10-30 | 23.06x |
| 2019-10-29 | 22.37x |
| 2019-10-28 | 25.37x |
| 2019-10-25 | 24.40x |
| 2019-10-24 | 23.77x |
| 2019-10-23 | 23.96x |
| 2019-10-22 | 24.43x |
| 2019-10-21 | 22.89x |
| 2019-10-18 | 22.71x |
| 2019-10-17 | 24.36x |
| 2019-10-16 | 23.18x |
| 2019-10-15 | 23.53x |
| 2019-10-14 | 23.27x |
| 2019-10-11 | 25.02x |
| 2019-10-10 | 25.30x |
| 2019-10-09 | 24.90x |
| 2019-10-08 | 24.95x |
| 2019-10-07 | 25.68x |
| 2019-10-04 | 25.73x |
| 2019-10-03 | 25.58x |
| 2019-10-02 | 25.87x |
| 2019-10-01 | 25.89x |
| 2019-09-30 | 27.87x |
| 2019-09-27 | 27.16x |
| 2019-09-26 | 26.93x |
| 2019-09-25 | 27.02x |
| 2019-09-24 | 26.46x |
| 2019-09-23 | 27.14x |
| 2019-09-20 | 28.23x |
| 2019-09-19 | 28.75x |
| 2019-09-18 | 28.82x |
| 2019-09-17 | 28.70x |
| 2019-09-16 | 29.67x |
| 2019-09-13 | 29.71x |
| 2019-09-12 | 29.76x |
| 2019-09-11 | 29.45x |
| 2019-09-10 | 28.82x |
| 2019-09-09 | 27.33x |
| 2019-09-06 | 25.98x |
| 2019-09-05 | 25.80x |
| 2019-09-04 | 23.11x |
| 2019-09-03 | 22.47x |
| 2019-08-30 | 21.41x |
| 2019-08-29 | 21.31x |
| 2019-08-28 | 20.96x |
| 2019-08-27 | 20.89x |
| 2019-08-26 | 22.28x |
| 2019-08-23 | 23.13x |
| 2019-08-22 | 24.78x |
| 2019-08-21 | 24.88x |
| 2019-08-20 | 24.40x |
| 2019-08-19 | 25.02x |
| 2019-08-16 | 24.29x |
| 2019-08-15 | 23.77x |
| 2019-08-14 | 24.29x |
| 2019-08-13 | 25.96x |
| 2019-08-12 | 25.02x |
| 2019-08-09 | 25.37x |
| 2019-08-08 | 25.75x |
| 2019-08-07 | 19.26x |
| 2019-08-06 | 18.12x |
| 2019-08-05 | 19.02x |
| 2019-08-02 | 20.61x |
| 2019-08-01 | 21.19x |
| 2019-07-31 | 22.65x |
| 2019-07-30 | 23.73x |
| 2019-07-29 | 23.15x |
| 2019-07-26 | 23.98x |
| 2019-07-25 | 23.89x |
| 2019-07-24 | 24.50x |
| 2019-07-23 | 23.66x |
| 2019-07-22 | 22.18x |
| 2019-07-19 | 20.41x |
| 2019-07-18 | 20.05x |
| 2019-07-17 | 20.84x |
| 2019-07-16 | 21.06x |
| 2019-07-15 | 21.76x |
| 2019-07-12 | 22.56x |
| 2019-07-11 | 22.25x |
| 2019-07-10 | 23.37x |
| 2019-07-09 | 24.02x |
| 2019-07-08 | 25.24x |
| 2019-07-05 | 26.49x |
| 2019-07-03 | 26.99x |
| 2019-07-02 | 27.17x |
| 2019-07-01 | 28.31x |
| 2019-06-28 | 27.62x |
| 2019-06-27 | 26.31x |
| 2019-06-26 | 25.42x |
| 2019-06-25 | 25.60x |
| 2019-06-24 | 26.95x |
| 2019-06-21 | 27.68x |
| 2019-06-20 | 27.66x |
| 2019-06-19 | 27.03x |
| 2019-06-18 | 27.22x |
| 2019-06-17 | 26.27x |
| 2019-06-14 | 26.34x |
| 2019-06-13 | 26.54x |
| 2019-06-12 | 26.81x |
| 2019-06-11 | 25.57x |
| 2019-06-10 | 26.88x |
| 2019-06-07 | 27.42x |
| 2019-06-06 | 27.26x |
| 2019-06-05 | 27.75x |
| 2019-06-04 | 27.55x |
| 2019-06-03 | 26.34x |
| 2019-05-31 | 26.70x |
| 2019-05-30 | 27.95x |
| 2019-05-29 | 27.40x |
| 2019-05-28 | 28.25x |
| 2019-05-24 | 28.40x |
| 2019-05-23 | 28.09x |
| 2019-05-22 | 30.90x |
| 2019-05-21 | 30.72x |
| 2019-05-20 | 30.27x |
| 2019-05-17 | 31.15x |
| 2019-05-16 | 33.57x |
| 2019-05-15 | 35.46x |
| 2019-05-14 | 35.14x |
| 2019-05-13 | 33.55x |
| 2019-05-10 | 38.13x |
| 2019-05-09 | 34.69x |
| 2019-05-08 | 33.38x |
| 2019-05-07 | 35.93x |
| 2019-05-06 | 36.13x |
| 2019-05-03 | 37.54x |
| 2019-05-02 | 35.98x |
| 2019-05-01 | 36.74x |
| 2019-04-30 | 36.61x |
| 2019-04-29 | 36.24x |
| 2019-04-26 | 36.44x |
| 2019-04-25 | 35.59x |
Showing the most recent 260 of 510 data points. The chart above shows the full history.
