BMI (Badger Meter) EV-to-EBIT: 22.51 (As of Jul. 30, 2026) — 24% Below Median

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BMI Badger Meter Inc BMI
78 GF Score
Price $130.39
GF Value $202.44
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Badger Meter EV-to-EBIT?

Badger Meter BMI -2.36% 78 EV-to-EBIT is 22.51 as of Jul. 30, 2026, which is 24% below its 10-year median of 29.73. GuruFocus rates BMI with a GF Score™ of 78/100 and a GF Value™ of $202.44 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,770 Hardware companies, Badger Meter ranks worse than 55.99% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Badger Meter's Enterprise Value is $3,683.9 Mil. Badger Meter's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $163.7 Mil. Therefore, Badger Meter's EV-to-EBIT for today is 22.51.

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

BMI' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.61   Med: 29.73   Max: 47.66
Current: 22.51

During the past 13 years, the highest EV-to-EBIT of Badger Meter was 47.66. The lowest was 18.61. And the median was 29.73.

BMI's EV-to-EBIT is ranked worse than
55.99% of 1770 companies
in the Hardware industry
Industry Median: 19.445 vs BMI: 22.51

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Badger Meter's Enterprise Value for the quarter that ended in Jun. 2026 was $4,205.4 Mil. Badger Meter's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $163.7 Mil. Badger Meter's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.89%.


Badger Meter  (NYSE:BMI) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=163.681/4205.35806
=3.89 %

Badger Meter's Enterprise Value for the quarter that ended in Jun. 2026 was $4,205.4 Mil.
Badger Meter's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $163.7 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.


Badger Meter EV-to-EBIT Related Terms


Badger Meter EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Badger Meter'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.

Badger Meter EV-to-EBIT Chart

Badger Meter Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.49 35.01 36.75 37.63 26.71

Badger Meter Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 40.50 28.18 26.71 25.07 25.69

BMI vs ITRI, VNT, NOVT: EV-to-EBIT Comparison

For the Scientific & Technical Instruments subindustry, Badger Meter'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.


Badger Meter EV-to-EBIT vs Hardware Industry

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

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


BMI
78GF Score
Badger Meter Inc BMI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Badger Meter EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3683.860/163.681
=22.51

Badger Meter's current Enterprise Value is $3,683.9 Mil.
Badger Meter's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $163.7 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 22.51 mean?
Badger Meter (BMI) has a EV-to-EBIT of 22.51 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Badger Meter and its competitors. This is 24% below median its historical median of 29.73. Over the past decade, Badger Meter's EV-to-EBIT has ranged from 18.61 to 47.66. According to the industry distribution chart, Badger Meter ranks #991 out of 1770 companies in the Hardware industry, placing it in the top 56%.
Is Badger Meter's EV-to-EBIT too high?
Badger Meter's current EV-to-EBIT of 22.51 is 24% below median its 10-year median of 29.73. Over the past 10 years, this metric has ranged from a low of 18.61 to a high of 47.66. The Hardware industry median EV-to-EBIT is 19.45. Badger Meter's value of 22.51 is 15.8% above this industry median. Based on the distribution chart, Badger Meter ranks #991 out of 1770 companies in the Hardware industry, which is below the industry midpoint. Overall, Badger Meter has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's EV-to-EBIT compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #991 out of 1770 companies for EV-to-EBIT. This places Badger Meter in the lower half of its industry. The industry median EV-to-EBIT is 19.45. Badger Meter's value of 22.51 is 15.8% above this benchmark. Historically, Badger Meter's own EV-to-EBIT has ranged from 18.61 to 47.66 over the past decade. While the company's 10-year median is 29.73 vs. the industry median of 19.45, Badger Meter has consistently been above the industry average. 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 Hardware company?
The median EV-to-EBIT among Hardware companies is 19.45, 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. Badger Meter's current EV-to-EBIT of 22.51 is 15.8% above the industry median. 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 Badger Meter and its competitors. For the Hardware industry, the median EV-to-EBIT is 19.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current EV-to-EBIT is 22.51, which is 24% below median its own 10-year median of 29.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $202.44, compared to a current price of $130.39 — trading 35.6% below its estimated fair value. The current EV-to-EBIT is 22.51, which is 24% below median its 10-year median of 29.73 and 15.8% above the Hardware industry median of 19.45. Badger Meter's overall GF Score™ is 78/100 with 1 warning sign 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 Badger Meter (BMI), the current EV-to-EBIT is 22.51 as of Jul. 30, 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 Badger Meter (BMI) Overvalued in 2026?

Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued. The current stock price of $130.39 is trading 35.6% below its estimated GF Value™ of $202.44. GuruFocus considers Badger Meter to be Significantly Undervalued.

Key valuation signals for BMI:

  • EV-to-EBIT: 22.51 (24% below median its 10-year median of 29.73)
  • GF Value™: $202.44 vs. price of $130.39 (35.6% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 15.8% above the Hardware median (#991 of 1770)

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


Badger Meter Business Description

Other Exchanges 33B:Germany
Address 4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
78GF Score

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

$130.39
Price
$202.44
GF Value