Asana (ASAN) EV-to-EBIT: -9.83 (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASAN Asana Inc ASAN
58 GF Score
Price $7.39
GF Value $16.18
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Asana EV-to-EBIT?

Asana ASAN -2.76% 58 EV-to-EBIT is -9.83 as of Jul. 22, 2026. GuruFocus rates ASAN with a GF Score™ of 58/100 and a GF Value™ of $16.18 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,770 Software companies, Asana ranks worse than 56497.12% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Asana's Enterprise Value is $1,527.1 Mil. Asana's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $-155.3 Mil. Therefore, Asana's EV-to-EBIT for today is -9.83.

The historical rank and industry rank for Asana's EV-to-EBIT or its related term are showing as below:

ASAN' s EV-to-EBIT Range Over the Past 10 Years
Min: -113.92   Med: -13.66   Max: -5.35
Current: -9.83

During the past 8 years, the highest EV-to-EBIT of Asana was -5.35. The lowest was -113.92. And the median was -13.66.

ASAN's EV-to-EBIT is ranked worse than
100% of 1770 companies
in the Software industry
Industry Median: 14.14 vs ASAN: -9.83

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Asana's Enterprise Value for the quarter that ended in Apr. 2026 was $1,301.9 Mil. Asana's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $-155.3 Mil. Asana's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -11.93%.


Asana  (NYSE:ASAN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Asana's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=-155.282/1301.85432
=-11.93 %

Asana's Enterprise Value for the quarter that ended in Apr. 2026 was $1,301.9 Mil.
Asana's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-155.3 Mil.

* 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.


Asana EV-to-EBIT Related Terms


Asana EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Asana's EV-to-EBIT 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.

Asana EV-to-EBIT Chart

Asana Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBIT
Get a 7-Day Free Trial -36.84 -7.64 -14.73 -19.29 -12.45

Asana Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.05 -16.28 -14.87 -12.45 -8.38

ASAN vs BVC, EVCM, BL: EV-to-EBIT Comparison

For the Software - Application subindustry, Asana's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Asana EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Asana's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asana's EV-to-EBIT falls into.


ASAN
58GF Score
Asana Inc ASAN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asana EV-to-EBIT Calculation

Asana's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1527.066/-155.282
=-9.83

Asana's current Enterprise Value is $1,527.1 Mil.
Asana's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-155.3 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -9.83 mean?
Asana (ASAN) has a EV-to-EBIT of -9.83 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Asana and its competitors. According to the industry distribution chart, Asana ranks #999999 out of 1770 companies in the Software industry.
Is Asana's EV-to-EBIT too high?
Asana's current EV-to-EBIT is -9.83. Based on the distribution chart, Asana ranks #999999 out of 1770 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Asana has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asana's EV-to-EBIT compare to BVC and EVCM?
According to the Software industry distribution chart, Asana ranks #999999 out of 1770 companies for EV-to-EBIT. This places Asana in the lower half of its industry. The industry median EV-to-EBIT is 14.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 14.14, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Asana and its competitors. For the Software industry, the median EV-to-EBIT is 14.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asana's current EV-to-EBIT is -9.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asana stock overvalued right now?
Based on GuruFocus' analysis, Asana (ASAN) is currently considered Possible Value Trap. The stock's GF Value™ is $16.18, compared to a current price of $7.39 — trading 54.3% below its estimated fair value. The current EV-to-EBIT is -9.83. Asana's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Asana (ASAN), the current EV-to-EBIT is -9.83 as of Jul. 22, 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 Asana (ASAN) Overvalued in 2026?

Based on GuruFocus' analysis, Asana stock appears to be undervalued. The current stock price of $7.39 is trading 54.3% below its estimated GF Value™ of $16.18. GuruFocus considers Asana to be Possible Value Trap.

Key valuation signals for ASAN:

  • EV-to-EBIT: -9.83
  • GF Value™: $16.18 vs. price of $7.39 (54.3% below fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the ASAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asana Business Description

Other Exchanges A6N:Germany
Address 633 Folsom Street, Suite 100, San Francisco, CA, USA, 94107
Asana Inc is the system of action for work, built for the Agentic Enterprise. It provides a comprehensive solution where humans and AI agents can collaborate effectively so that individuals work smarter, teams move faster, and organizations deliver results. Companies use Asana to connect their work to company goals and orchestrate mission-critical workflows like product launches, employee onboarding, resource planning, tracking company-wide strategic initiatives and more. It manages its operations and allocates resources as a single operating and reportable segment. The company generates revenues from subscriptions from paying customers accessing its cloud-based platform.
58GF Score

Get the complete analysis for ASAN

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.39
Price
$16.18
GF Value