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 10.83x is 69% below its estimated 5-year average of 34.64x, near the low end of its estimated 5-year range (9.96x–639.64x).
As of 2026-10-06T18:09:50.426Z. 71.75% below its estimated 12-month average of 38.34x.
Calculation as of: 2026-10-06T18:09:50.426Z.
Quote observation: 2026-10-06T18:03:12.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: fc1c75006cbfd1c442c9b358c6955af93451e8f7d49601af6ca49553498976ff
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
10.83x
EV/EBITDA RATIO AVG TTM
38.34x
EV/EBITDA RATIO AVG 3Y
26.99x
EV/EBITDA RATIO AVG 5Y
34.64x
EV/EBITDA RATIO AVG 10Y
24.14x
EV/EBITDA RATIO AVG 15Y
17.31x
EV/EBITDA RATIO AVG 20Y
15.52x
CURRENT VS TTM AVG
-71.75%
CURRENT VS 3Y AVG
-59.87%
CURRENT VS 5Y AVG
-68.73%
CURRENT VS 10Y AVG
-55.14%
CURRENT VS 15Y AVG
-37.43%
CURRENT VS 20Y AVG
-30.22%
SECTOR MEDIAN · TECHNOLOGY
21.20x
median of 345 covered companies
CURRENT VS SECTOR MEDIAN
-48.92%
vs the sector median at left
Market Cap
$99.18M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$91.98M
EV/EBITDA Ratio
N/A
TTM Avg
1316.24x
3Y Avg
681.84x
5Y Avg
411.66x
Market Cap
$85.95M
EV/EBITDA Ratio
281.03x
TTM Avg
176.43x
3Y Avg
2618.77x
5Y Avg
2618.77x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tucows Inc. (TCX) | $103.24M | 10.83x | 38.34x | 26.99x | 34.64x |
| Roadzen, Inc. (RDZN)vs › | $105.28M | N/A | N/A | N/A | N/A |
| GCL Global Holdings Ltd Ordinary Shares (GCL)vs › | $99.18M | N/A | N/A | N/A | N/A |
| Interlink Electronics, Inc. (LINK)vs › | $91.98M | N/A | 1316.24x | 681.84x | 411.66x |
| WISeQey Corp (WQEY)vs › | $91.48M | N/A | N/A | N/A | N/A |
| Wrap Technologies, Inc. (WRAP)vs › | $88.62M | N/A | N/A | N/A | N/A |
| AudioEye, Inc. (AEYE)vs › | $85.95M | 281.03x | 176.43x | 2618.77x | 2618.77x |
| RTB Digital Inc (RTB)vs › | $121.15M | N/A | N/A | N/A | N/A |
| SkyAI, Inc. (SKYA)vs › | $79.14M | N/A | N/A | N/A | N/A |
| CSP Inc. (CSPI)vs › | $78.46M | N/A | 99.65x | 54.45x | 54.45x |
At 10.8, EV/EBITDA is below its estimated 20-year median — higher than 29% 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
3.2
median
15.8
estimated 20-year high
639.6
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 | 10.81x |
| 2026-10-02 | 10.85x |
| 2026-10-01 | 10.86x |
| 2026-09-30 | 10.86x |
| 2026-09-29 | 10.89x |
| 2026-09-28 | 10.88x |
| 2026-09-25 | 10.94x |
| 2026-09-24 | 10.97x |
| 2026-09-23 | 11.02x |
| 2026-09-22 | 11.03x |
| 2026-09-21 | 11.00x |
| 2026-09-18 | 10.97x |
| 2026-09-17 | 10.97x |
| 2026-09-16 | 10.98x |
| 2026-09-15 | 10.99x |
| 2026-09-14 | 11.01x |
| 2026-09-11 | 11.07x |
| 2026-09-10 | 11.08x |
| 2026-09-09 | 11.07x |
| 2026-09-08 | 11.05x |
| 2026-09-04 | 11.06x |
| 2026-09-03 | 11.06x |
| 2026-09-02 | 11.04x |
| 2026-09-01 | 11.02x |
| 2026-08-31 | 11.03x |
| 2026-08-28 | 10.96x |
| 2026-08-27 | 10.94x |
| 2026-08-26 | 10.80x |
| 2026-08-25 | 10.79x |
| 2026-08-24 | 10.83x |
| 2026-08-21 | 10.82x |
| 2026-08-20 | 10.92x |
| 2026-08-19 | 10.98x |
| 2026-08-18 | 10.98x |
| 2026-08-17 | 11.06x |
| 2026-08-14 | 11.13x |
| 2026-08-13 | 11.25x |
| 2026-08-12 | 11.33x |
| 2026-08-11 | 11.38x |
| 2026-08-10 | 11.38x |
| 2026-08-07 | 11.83x |
| 2026-08-06 | 10.78x |
| 2026-08-05 | 10.79x |
| 2026-08-04 | 10.85x |
| 2026-08-03 | 10.73x |
| 2026-07-31 | 10.98x |
| 2026-07-30 | 10.13x |
| 2026-07-29 | 10.07x |
| 2026-07-28 | 10.03x |
| 2026-07-27 | 9.96x |
| 2026-07-24 | 9.98x |
| 2026-07-23 | 10.03x |
| 2026-07-22 | 10.08x |
| 2026-07-21 | 10.15x |
| 2026-07-20 | 10.21x |
| 2026-07-17 | 10.20x |
| 2026-07-16 | 10.16x |
| 2026-07-15 | 10.25x |
| 2026-07-14 | 10.24x |
| 2026-07-13 | 10.30x |
| 2026-07-10 | 10.30x |
| 2026-07-09 | 10.23x |
| 2026-07-08 | 10.27x |
| 2026-07-07 | 10.53x |
| 2026-07-06 | 10.58x |
| 2026-07-02 | 10.68x |
| 2026-07-01 | 10.74x |
| 2026-06-30 | 10.69x |
| 2026-06-29 | 10.75x |
| 2026-06-26 | 10.76x |
| 2026-06-25 | 10.67x |
| 2026-06-24 | 10.69x |
| 2026-06-23 | 10.72x |
| 2026-06-22 | 10.64x |
| 2026-06-18 | 10.67x |
| 2026-06-17 | 10.58x |
| 2026-06-16 | 10.62x |
| 2026-06-15 | 10.67x |
| 2026-06-12 | 10.67x |
| 2026-06-11 | 10.66x |
| 2026-06-10 | 10.69x |
| 2026-06-09 | 10.70x |
| 2026-06-08 | 10.65x |
| 2026-06-05 | 10.72x |
| 2026-06-04 | 10.72x |
| 2026-06-03 | 10.66x |
| 2026-06-02 | 10.87x |
| 2026-06-01 | 10.94x |
| 2026-05-29 | 10.94x |
| 2026-05-28 | 10.93x |
| 2026-05-27 | 10.92x |
| 2026-05-26 | 10.92x |
| 2026-05-22 | 10.92x |
| 2026-05-21 | 10.92x |
| 2026-05-20 | 10.92x |
| 2026-05-19 | 10.89x |
| 2026-05-18 | 10.94x |
| 2026-05-15 | 10.86x |
| 2026-05-14 | 10.94x |
| 2026-05-13 | 10.89x |
| 2026-05-12 | 10.89x |
| 2026-05-11 | 10.87x |
| 2026-05-08 | 10.96x |
| 2026-05-07 | 23.03x |
| 2026-05-06 | 22.64x |
| 2026-05-05 | 22.77x |
| 2026-05-04 | 22.67x |
| 2026-05-01 | 22.93x |
| 2026-04-30 | 22.90x |
| 2026-04-29 | 22.87x |
| 2026-04-28 | 23.13x |
| 2026-04-27 | 23.21x |
| 2026-04-24 | 23.36x |
| 2026-04-23 | 23.16x |
| 2026-04-22 | 23.30x |
| 2026-04-21 | 23.17x |
| 2026-04-20 | 23.58x |
| 2026-04-17 | 23.62x |
| 2026-04-16 | 23.36x |
| 2026-04-15 | 23.32x |
| 2026-04-14 | 23.18x |
| 2026-04-13 | 23.01x |
| 2026-04-10 | 22.76x |
| 2026-04-09 | 23.46x |
| 2026-04-08 | 23.62x |
| 2026-04-07 | 23.62x |
| 2026-04-06 | 23.65x |
| 2026-04-02 | 23.69x |
| 2026-04-01 | 23.57x |
| 2026-03-31 | 23.44x |
| 2026-03-30 | 23.36x |
| 2026-03-27 | 23.02x |
| 2026-03-26 | 23.12x |
| 2026-03-25 | 23.07x |
| 2026-03-24 | 23.00x |
| 2026-03-23 | 23.07x |
| 2026-03-20 | 22.98x |
| 2026-03-19 | 23.07x |
| 2026-03-18 | 22.88x |
| 2026-03-17 | 22.99x |
| 2026-03-16 | 23.04x |
| 2026-03-13 | 22.91x |
| 2026-03-12 | 71.84x |
| 2026-03-11 | 72.33x |
| 2026-03-10 | 72.61x |
| 2026-03-09 | 74.76x |
| 2026-03-06 | 74.67x |
| 2026-03-05 | 74.58x |
| 2026-03-04 | 74.71x |
| 2026-03-03 | 74.86x |
| 2026-03-02 | 75.39x |
| 2026-02-27 | 75.19x |
| 2026-02-26 | 74.91x |
| 2026-02-25 | 75.81x |
| 2026-02-24 | 75.59x |
| 2026-02-23 | 75.11x |
| 2026-02-20 | 74.47x |
| 2026-02-19 | 74.45x |
| 2026-02-18 | 74.21x |
| 2026-02-17 | 74.95x |
| 2026-02-13 | 75.90x |
| 2026-02-12 | 74.69x |
| 2026-02-11 | 75.74x |
| 2026-02-10 | 77.02x |
| 2026-02-09 | 77.31x |
| 2026-02-06 | 79.28x |
| 2026-02-05 | 78.22x |
| 2026-02-04 | 78.90x |
| 2026-02-03 | 79.88x |
| 2026-02-02 | 80.54x |
| 2026-01-30 | 80.15x |
| 2026-01-29 | 80.51x |
| 2026-01-28 | 80.24x |
| 2026-01-27 | 82.34x |
| 2026-01-26 | 82.03x |
| 2026-01-23 | 83.02x |
| 2026-01-22 | 83.17x |
| 2026-01-21 | 83.34x |
| 2026-01-20 | 82.56x |
| 2026-01-16 | 83.23x |
| 2026-01-15 | 82.95x |
| 2026-01-14 | 83.43x |
| 2026-01-13 | 83.13x |
| 2026-01-12 | 82.14x |
| 2026-01-09 | 81.72x |
| 2026-01-08 | 81.86x |
| 2026-01-07 | 79.42x |
| 2026-01-06 | 79.33x |
| 2026-01-05 | 79.07x |
| 2026-01-02 | 79.92x |
| 2025-12-31 | 80.40x |
| 2025-12-30 | 79.87x |
| 2025-12-29 | 79.99x |
| 2025-12-26 | 80.32x |
| 2025-12-24 | 80.40x |
| 2025-12-23 | 79.56x |
| 2025-12-22 | 80.77x |
| 2025-12-19 | 81.72x |
| 2025-12-18 | 81.43x |
| 2025-12-17 | 80.03x |
| 2025-12-16 | 80.99x |
| 2025-12-15 | 80.40x |
| 2025-12-12 | 79.86x |
| 2025-12-11 | 79.12x |
| 2025-12-10 | 78.89x |
| 2025-12-09 | 77.85x |
| 2025-12-08 | 78.23x |
| 2025-12-05 | 78.40x |
| 2025-12-04 | 80.00x |
| 2025-12-03 | 79.52x |
| 2025-12-02 | 78.28x |
| 2025-12-01 | 79.22x |
| 2025-11-28 | 79.48x |
| 2025-11-26 | 79.37x |
| 2025-11-25 | 79.77x |
| 2025-11-24 | 79.55x |
| 2025-11-21 | 78.39x |
| 2025-11-20 | 77.78x |
| 2025-11-19 | 78.99x |
| 2025-11-18 | 79.26x |
| 2025-11-17 | 77.50x |
| 2025-11-14 | 78.28x |
| 2025-11-13 | 78.54x |
| 2025-11-12 | 79.12x |
| 2025-11-11 | 80.30x |
| 2025-11-10 | 78.67x |
| 2025-11-07 | 77.38x |
| 2025-11-06 | 625.55x |
| 2025-11-05 | 627.17x |
| 2025-11-04 | 619.77x |
| 2025-11-03 | 621.70x |
| 2025-10-31 | 624.74x |
| 2025-10-30 | 618.96x |
| 2025-10-29 | 615.72x |
| 2025-10-28 | 619.47x |
| 2025-10-27 | 619.47x |
| 2025-10-24 | 622.00x |
| 2025-10-23 | 620.79x |
| 2025-10-22 | 620.48x |
| 2025-10-21 | 617.34x |
| 2025-10-20 | 615.92x |
| 2025-10-17 | 614.50x |
| 2025-10-16 | 613.69x |
| 2025-10-15 | 617.54x |
| 2025-10-14 | 616.53x |
| 2025-10-13 | 614.70x |
| 2025-10-10 | 614.70x |
| 2025-10-09 | 620.18x |
| 2025-10-08 | 621.49x |
| 2025-10-07 | 614.90x |
| 2025-10-06 | 616.22x |
| 2025-10-03 | 614.09x |
| 2025-10-02 | 612.88x |
| 2025-10-01 | 616.32x |
| 2025-09-30 | 618.66x |
| 2025-09-29 | 620.28x |
| 2025-09-26 | 623.52x |
| 2025-09-25 | 620.79x |
| 2025-09-24 | 623.52x |
| 2025-09-23 | 623.12x |
Showing the most recent 260 of 4,704 data points. The chart above shows the full history.
