ImpinjPI -1.43%74 Debt-to-EBITDA is -3.14 as of Mar. 2026. GuruFocus rates PI with a GF Score™ of 74/100 and a GF Value™ of $123.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 716 Semiconductors companies, Impinj ranks worse than 139664.66% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Impinj's Debt-to-EBITDA or its related term are showing as below:
PI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.81 Med: -1.32 Max: 42.39
Current: -27.81
During the past 13 years, the highest Debt-to-EBITDA Ratio of Impinj was 42.39. The lowest was -27.81. And the median was -1.32.
PI's Debt-to-EBITDA is ranked worse than 100% of 716
companies
in the Semiconductors industry
Industry Median: 1.445
vs PI: -27.81
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Impinj Debt-to-EBITDA Related Terms
Impinj Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Impinj's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductors subindustry, Impinj's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Impinj Debt-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Impinj's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Impinj's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Impinj (PI) has a Debt-to-EBITDA of -3.14 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Impinj. According to the industry distribution chart, Impinj ranks #999999 out of 716 companies in the Semiconductors industry.
Is Impinj's Debt-to-EBITDA too high?
Impinj's current Debt-to-EBITDA is -3.14. Based on the distribution chart, Impinj ranks #999999 out of 716 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Impinj has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impinj's Debt-to-EBITDA compare to NVTS and POWI?
According to the Semiconductors industry distribution chart, Impinj ranks #999999 out of 716 companies for Debt-to-EBITDA. This places Impinj in the lower half of its industry. The industry median Debt-to-EBITDA is 1.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Impinj. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current Debt-to-EBITDA is -3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (PI) is currently considered Modestly Overvalued. The stock's GF Value™ is $123.07, compared to a current price of $141.58 — trading 15% above its estimated fair value. The current Debt-to-EBITDA is -3.14. Impinj's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Impinj (PI), the current Debt-to-EBITDA is -3.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Impinj (PI) Overvalued in 2026?
Based on GuruFocus' analysis, Impinj stock appears to be overvalued.
The current stock price of $141.58 is trading 15% above its estimated GF Value™ of $123.07.
GuruFocus considers Impinj to be Modestly Overvalued.
Key valuation signals for PI:
Debt-to-EBITDA: -3.14
GF Value™: $123.07 vs. price of $141.58 (15% above fair value)
No single metric tells the full story. See the PI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
74GF Score
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