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.
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.
DeFi Development (NAS:DFDV) 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.
DeFi Development's Enterprise Value for the quarter that ended in Mar. 2026 was $218.45 Mil.
DeFi Development's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-144.76 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.
DeFi Development EV-to-EBIT Related Terms
DeFi Development EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for DeFi Development'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.
For the Asset Management subindustry, DeFi Development'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.
DeFi Development EV-to-EBIT vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DeFi Development's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where DeFi Development's EV-to-EBIT falls into.
DeFi Development's current Enterprise Value is $214.17 Mil.
DeFi Development's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-144.76 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.
DeFi Development (DFDV) has a EV-to-EBIT of -1.48 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on DeFi Development and its competitors. According to the industry distribution chart, DeFi Development ranks #999999 out of 494 companies in the Asset Management industry.
Is DeFi Development's EV-to-EBIT too high?
DeFi Development's current EV-to-EBIT is -1.48. Based on the distribution chart, DeFi Development ranks #999999 out of 494 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, DeFi Development has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DeFi Development's EV-to-EBIT compare to HNNA and PFX?
According to the Asset Management industry distribution chart, DeFi Development ranks #999999 out of 494 companies for EV-to-EBIT. This places DeFi Development in the lower half of its industry. The industry median EV-to-EBIT is 9.51. 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 an Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.51, based on 494 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 DeFi Development and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Development's current EV-to-EBIT is -1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Development stock overvalued right now?
Based on GuruFocus' analysis, DeFi Development (DFDV) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.64, compared to a current price of $3.08 — trading 16.7% above its estimated fair value. The current EV-to-EBIT is -1.48. DeFi Development's overall GF Score™ is 40/100 with 6 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 DeFi Development (DFDV), the current EV-to-EBIT is -1.48 as of Jul. 16, 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 DeFi Development (DFDV) Overvalued in 2026?
Based on GuruFocus' analysis, DeFi Development stock appears to be overvalued.
The current stock price of $3.08 is trading 16.7% above its estimated GF Value™ of $2.64.
GuruFocus considers DeFi Development to be Modestly Overvalued.
Key valuation signals for DFDV:
EV-to-EBIT: -1.48
GF Value™: $2.64 vs. price of $3.08 (16.7% above fair value)
No single metric tells the full story. See the DFDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DeFi Development Corp is a U.S. company committed to building its treasury around Solana (SOL), a fast-growing blockchain infrastructure platform. This equity delivers shareholders tangible exposure to SOL price movement and staking rewards, making the firm a proxy for the Solana ecosystem. The treasury extends to running its own validator infrastructure, allowing DFDV to actively participate in and benefit from the Solana network expansion. The firm has two segments: Digital Asset Treasury ("Treasury") and Real Estate Platform ("Real Estate"). The company generates the majority of its revenue from the Treasury segment.
40GF Score
Get the complete analysis for DFDV
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DFDV has been successfully added to your 
