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 8.40x is 17% above its estimated 5-year average of 7.18x, near the low end of its estimated 5-year range (4.14x–40.61x).
As of 2026-10-06T18:18:29.524Z. 0.26% below its estimated 12-month average of 8.42x.
Calculation as of: 2026-10-06T18:18:29.524Z.
Quote observation: 2026-10-06T18:14:47.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: abb2de503ff07a18223a06232c8a96cd07c30e1a01b85dfffa10e7b3e1440f8a
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
8.40x
EV/EBITDA RATIO AVG TTM
8.42x
EV/EBITDA RATIO AVG 3Y
6.87x
EV/EBITDA RATIO AVG 5Y
7.18x
EV/EBITDA RATIO AVG 10Y
8.46x
EV/EBITDA RATIO AVG 15Y
9.69x
EV/EBITDA RATIO AVG 20Y
9.97x
CURRENT VS TTM AVG
-0.26%
CURRENT VS 3Y AVG
+22.25%
CURRENT VS 5Y AVG
+16.93%
CURRENT VS 10Y AVG
-0.75%
CURRENT VS 15Y AVG
-13.27%
CURRENT VS 20Y AVG
-15.71%
SECTOR MEDIAN · INDUSTRIALS
15.33x
median of 268 covered companies
CURRENT VS SECTOR MEDIAN
-45.21%
vs the sector median at left
Perma-Pipe International Holdings, Inc.
Market Cap
$260.84M
EV/EBITDA Ratio
8.40x
TTM Avg
8.42x
3Y Avg
6.87x
5Y Avg
7.18x
Market Cap
$263.89M
EV/EBITDA Ratio
21.68x
TTM Avg
17.08x
3Y Avg
19.00x
5Y Avg
19.77x
Market Cap
$263.92M
EV/EBITDA Ratio
14.81x
TTM Avg
14.32x
3Y Avg
17.36x
5Y Avg
23.28x
Market Cap
$254.98M
EV/EBITDA Ratio
10.87x
TTM Avg
183.75x
3Y Avg
163.08x
5Y Avg
67.11x
Market Cap
$255.24M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Outdoor Holding Company - 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock
Market Cap
$248.44M
EV/EBITDA Ratio
10.51x
TTM Avg
2825.64x
3Y Avg
2310.41x
5Y Avg
900.83x
Market Cap
$273.97M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$274.12M
EV/EBITDA Ratio
12.48x
TTM Avg
13.98x
3Y Avg
16.44x
5Y Avg
14.31x
Market Cap
$244.10M
EV/EBITDA Ratio
N/A
TTM Avg
4.50x
3Y Avg
4.50x
5Y Avg
77.08x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Perma-Pipe International Holdings, Inc. (PPIH) | $260.84M | 8.40x | 8.42x | 6.87x | 7.18x |
| HireQuest, Inc. (HQI)vs › | $263.89M | 21.68x | 17.08x | 19.00x | 19.77x |
| Omega Flex, Inc. (OFLX)vs › | $263.92M | 14.81x | 14.32x | 17.36x | 23.28x |
| Outdoor Holding Company (POWW)vs › | $254.98M | 10.87x | 183.75x | 163.08x | 67.11x |
| AIAI Holdings Corporation Class A Common Stock (AIAI)vs › | $255.24M | N/A | N/A | N/A | N/A |
| Outdoor Holding Company - 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP)vs › | $248.44M | 10.51x | 2825.64x | 2310.41x | 900.83x |
| Public Policy Holding Company, Inc. (PPHC)vs › | $273.97M | N/A | N/A | N/A | N/A |
| Information Services Group, Inc. (III)vs › | $274.12M | 12.48x | 13.98x | 16.44x | 14.31x |
| Lightbridge Corporation (LTBR)vs › | $244.10M | N/A | 4.50x | 4.50x | 77.08x |
| AirJoule Technologies Corporation (AIRJ)vs › | $277.66M | N/A | N/A | N/A | N/A |
At 8.4, EV/EBITDA is near its estimated 20-year median — higher than 45% of readings in its estimated 20-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 20-year low
3.9
median
9.1
estimated 20-year high
171.6
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 | 8.51x |
| 2026-10-02 | 8.47x |
| 2026-10-01 | 8.34x |
| 2026-09-30 | 8.20x |
| 2026-09-29 | 8.31x |
| 2026-09-28 | 8.47x |
| 2026-09-25 | 8.44x |
| 2026-09-24 | 8.32x |
| 2026-09-23 | 8.22x |
| 2026-09-22 | 8.09x |
| 2026-09-21 | 8.07x |
| 2026-09-18 | 8.15x |
| 2026-09-17 | 8.06x |
| 2026-09-16 | 8.08x |
| 2026-09-15 | 7.94x |
| 2026-09-14 | 7.97x |
| 2026-09-11 | 8.23x |
| 2026-09-10 | 7.86x |
| 2026-09-09 | 8.54x |
| 2026-09-08 | 8.42x |
| 2026-09-04 | 8.23x |
| 2026-09-03 | 8.02x |
| 2026-09-02 | 7.94x |
| 2026-09-01 | 7.87x |
| 2026-08-31 | 7.99x |
| 2026-08-28 | 7.78x |
| 2026-08-27 | 7.93x |
| 2026-08-26 | 7.91x |
| 2026-08-25 | 7.78x |
| 2026-08-24 | 7.76x |
| 2026-08-21 | 8.03x |
| 2026-08-20 | 7.85x |
| 2026-08-19 | 7.74x |
| 2026-08-18 | 7.70x |
| 2026-08-17 | 7.77x |
| 2026-08-14 | 7.83x |
| 2026-08-13 | 7.76x |
| 2026-08-12 | 7.77x |
| 2026-08-11 | 7.67x |
| 2026-08-10 | 7.60x |
| 2026-08-07 | 7.73x |
| 2026-08-06 | 7.61x |
| 2026-08-05 | 7.56x |
| 2026-08-04 | 7.53x |
| 2026-08-03 | 7.27x |
| 2026-07-31 | 7.13x |
| 2026-07-30 | 7.16x |
| 2026-07-29 | 6.90x |
| 2026-07-28 | 7.46x |
| 2026-07-27 | 7.47x |
| 2026-07-24 | 7.38x |
| 2026-07-23 | 7.52x |
| 2026-07-22 | 7.44x |
| 2026-07-21 | 7.55x |
| 2026-07-20 | 7.35x |
| 2026-07-17 | 7.46x |
| 2026-07-16 | 7.50x |
| 2026-07-15 | 7.47x |
| 2026-07-14 | 7.39x |
| 2026-07-13 | 7.28x |
| 2026-07-10 | 7.38x |
| 2026-07-09 | 7.39x |
| 2026-07-08 | 7.21x |
| 2026-07-07 | 7.38x |
| 2026-07-06 | 7.50x |
| 2026-07-02 | 7.47x |
| 2026-07-01 | 7.64x |
| 2026-06-30 | 7.93x |
| 2026-06-29 | 7.96x |
| 2026-06-26 | 8.05x |
| 2026-06-25 | 7.95x |
| 2026-06-24 | 7.98x |
| 2026-06-23 | 7.90x |
| 2026-06-22 | 8.15x |
| 2026-06-18 | 8.41x |
| 2026-06-17 | 7.95x |
| 2026-06-16 | 7.80x |
| 2026-06-15 | 7.80x |
| 2026-06-12 | 7.45x |
| 2026-06-11 | 7.85x |
| 2026-06-10 | 7.52x |
| 2026-06-09 | 6.85x |
| 2026-06-08 | 8.29x |
| 2026-06-05 | 8.26x |
| 2026-06-04 | 8.62x |
| 2026-06-03 | 8.52x |
| 2026-06-02 | 8.61x |
| 2026-06-01 | 8.24x |
| 2026-05-29 | 8.15x |
| 2026-05-28 | 8.43x |
| 2026-05-27 | 8.51x |
| 2026-05-26 | 8.65x |
| 2026-05-22 | 8.28x |
| 2026-05-21 | 8.31x |
| 2026-05-20 | 8.32x |
| 2026-05-19 | 8.01x |
| 2026-05-18 | 8.27x |
| 2026-05-15 | 8.46x |
| 2026-05-14 | 8.82x |
| 2026-05-13 | 8.61x |
| 2026-05-12 | 8.63x |
| 2026-05-11 | 8.88x |
| 2026-05-08 | 8.89x |
| 2026-05-07 | 8.66x |
| 2026-05-06 | 8.82x |
| 2026-05-05 | 8.85x |
| 2026-05-04 | 8.53x |
| 2026-05-01 | 8.72x |
| 2026-04-30 | 8.64x |
| 2026-04-29 | 8.34x |
| 2026-04-28 | 8.60x |
| 2026-04-27 | 8.59x |
| 2026-04-24 | 8.49x |
| 2026-04-23 | 8.28x |
| 2026-04-22 | 7.96x |
| 2026-04-21 | 7.99x |
| 2026-04-20 | 8.41x |
| 2026-04-17 | 8.06x |
| 2026-04-16 | 8.82x |
| 2026-04-15 | 9.31x |
| 2026-04-14 | 9.59x |
| 2026-04-13 | 9.47x |
| 2026-04-10 | 9.14x |
| 2026-04-09 | 9.01x |
| 2026-04-08 | 8.64x |
| 2026-04-07 | 8.28x |
| 2026-04-06 | 8.35x |
| 2026-04-02 | 8.43x |
| 2026-04-01 | 8.38x |
| 2026-03-31 | 8.17x |
| 2026-03-30 | 7.76x |
| 2026-03-27 | 8.05x |
| 2026-03-26 | 8.18x |
| 2026-03-25 | 8.52x |
| 2026-03-24 | 8.28x |
| 2026-03-23 | 7.93x |
| 2026-03-20 | 7.87x |
| 2026-03-19 | 8.12x |
| 2026-03-18 | 7.78x |
| 2026-03-17 | 7.94x |
| 2026-03-16 | 7.84x |
| 2026-03-13 | 7.73x |
| 2026-03-12 | 7.71x |
| 2026-03-11 | 8.05x |
| 2026-03-10 | 8.12x |
| 2026-03-09 | 8.09x |
| 2026-03-06 | 7.86x |
| 2026-03-05 | 8.48x |
| 2026-03-04 | 8.62x |
| 2026-03-03 | 8.64x |
| 2026-03-02 | 8.81x |
| 2026-02-27 | 8.83x |
| 2026-02-26 | 8.84x |
| 2026-02-25 | 9.01x |
| 2026-02-24 | 9.21x |
| 2026-02-23 | 9.13x |
| 2026-02-20 | 9.21x |
| 2026-02-19 | 8.87x |
| 2026-02-18 | 8.85x |
| 2026-02-17 | 8.79x |
| 2026-02-13 | 8.80x |
| 2026-02-12 | 8.70x |
| 2026-02-11 | 9.10x |
| 2026-02-10 | 8.88x |
| 2026-02-09 | 8.80x |
| 2026-02-06 | 8.60x |
| 2026-02-05 | 8.04x |
| 2026-02-04 | 8.24x |
| 2026-02-03 | 8.49x |
| 2026-02-02 | 8.15x |
| 2026-01-30 | 7.93x |
| 2026-01-29 | 8.07x |
| 2026-01-28 | 7.93x |
| 2026-01-27 | 8.25x |
| 2026-01-26 | 8.31x |
| 2026-01-23 | 8.17x |
| 2026-01-22 | 8.35x |
| 2026-01-21 | 8.30x |
| 2026-01-20 | 8.27x |
| 2026-01-16 | 8.87x |
| 2026-01-15 | 8.69x |
| 2026-01-14 | 8.59x |
| 2026-01-13 | 8.88x |
| 2026-01-12 | 8.77x |
| 2026-01-09 | 8.82x |
| 2026-01-08 | 8.79x |
| 2026-01-07 | 8.57x |
| 2026-01-06 | 8.64x |
| 2026-01-05 | 8.78x |
| 2026-01-02 | 8.37x |
| 2025-12-31 | 8.31x |
| 2025-12-30 | 8.48x |
| 2025-12-29 | 8.80x |
| 2025-12-26 | 8.99x |
| 2025-12-24 | 8.90x |
| 2025-12-23 | 8.75x |
| 2025-12-22 | 8.84x |
| 2025-12-19 | 8.80x |
| 2025-12-18 | 8.80x |
| 2025-12-17 | 8.79x |
| 2025-12-16 | 8.82x |
| 2025-12-15 | 8.84x |
| 2025-12-12 | 11.26x |
| 2025-12-11 | 10.23x |
| 2025-12-10 | 10.00x |
| 2025-12-09 | 9.98x |
| 2025-12-08 | 9.75x |
| 2025-12-05 | 9.78x |
| 2025-12-04 | 9.97x |
| 2025-12-03 | 10.25x |
| 2025-12-02 | 9.07x |
| 2025-12-01 | 8.85x |
| 2025-11-28 | 9.10x |
| 2025-11-26 | 9.05x |
| 2025-11-25 | 8.89x |
| 2025-11-24 | 8.72x |
| 2025-11-21 | 8.58x |
| 2025-11-20 | 8.26x |
| 2025-11-19 | 8.35x |
| 2025-11-18 | 8.39x |
| 2025-11-17 | 8.44x |
| 2025-11-14 | 8.64x |
| 2025-11-13 | 9.27x |
| 2025-11-12 | 9.62x |
| 2025-11-11 | 9.65x |
| 2025-11-10 | 9.81x |
| 2025-11-07 | 9.76x |
| 2025-11-06 | 9.78x |
| 2025-11-05 | 9.89x |
| 2025-11-04 | 9.70x |
| 2025-11-03 | 9.80x |
| 2025-10-31 | 9.74x |
| 2025-10-30 | 9.59x |
| 2025-10-29 | 9.89x |
| 2025-10-28 | 9.82x |
| 2025-10-27 | 9.96x |
| 2025-10-24 | 10.07x |
| 2025-10-23 | 9.99x |
| 2025-10-22 | 9.58x |
| 2025-10-21 | 9.56x |
| 2025-10-20 | 9.26x |
| 2025-10-17 | 8.79x |
| 2025-10-16 | 8.93x |
| 2025-10-15 | 9.35x |
| 2025-10-14 | 9.03x |
| 2025-10-13 | 9.16x |
| 2025-10-10 | 8.92x |
| 2025-10-09 | 9.48x |
| 2025-10-08 | 8.56x |
| 2025-10-07 | 8.54x |
| 2025-10-06 | 8.26x |
| 2025-10-03 | 8.08x |
| 2025-10-02 | 8.08x |
| 2025-10-01 | 8.33x |
| 2025-09-30 | 8.39x |
| 2025-09-29 | 8.29x |
| 2025-09-26 | 8.24x |
| 2025-09-25 | 8.23x |
| 2025-09-24 | 8.48x |
| 2025-09-23 | 8.07x |
Showing the most recent 260 of 4,088 data points. The chart above shows the full history.
