Crocs (FRA:C7N) EV-to-EBIT: 8.76 (As of Aug. 21, 2026) — 53% Below Median

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.

FRA:C7N Crocs Inc FRA:C7N
87 GF Score
Price €105.00
GF Value €104.22
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Crocs EV-to-EBIT?

Crocs FRA:C7N -2.33% 87 EV-to-EBIT is 8.76 as of Aug. 21, 2026, which is 53% below its 10-year median of 18.47. GuruFocus rates FRA:C7N with a GF Score™ of 87/100 and a GF Value™ of €104.22 (Fairly Valued). The stock has 4 warning signs investors should review. Among 818 Manufacturing - Apparel & Accessories companies, Crocs ranks better than 68.7% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Crocs's Enterprise Value is €6,357 Mil. Crocs's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €725 Mil. Therefore, Crocs's EV-to-EBIT for today is 8.76.

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

FRA:C7N' s EV-to-EBIT Range Over the Past 10 Years
Min: -183.28   Med: 18.47   Max: 101.81
Current: 8.8

During the past 13 years, the highest EV-to-EBIT of Crocs was 101.81. The lowest was -183.28. And the median was 18.47.

FRA:C7N's EV-to-EBIT is ranked better than
68.7% of 818 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 12.755 vs FRA:C7N: 8.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Crocs's Enterprise Value for the quarter that ended in Jun. 2026 was €6,397 Mil. Crocs's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €725 Mil. Crocs's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.34%.


Crocs  (FRA:C7N) 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) %.

Crocs'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 )
=725.476/6396.775
=11.34 %

Crocs's Enterprise Value for the quarter that ended in Jun. 2026 was €6,397 Mil.
Crocs'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 €725 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.


Crocs EV-to-EBIT Related Terms


Crocs EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Crocs'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.

Crocs EV-to-EBIT Chart

Crocs 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 12.00 10.64 7.23 7.56 35.82

Crocs 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 26.26 28.05 35.82 43.52 8.69

FRA:C7N vs BIRK, SHOO, WWW: EV-to-EBIT Comparison

For the Footwear & Accessories subindustry, Crocs'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.


Crocs EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crocs's EV-to-EBIT distribution charts can be found below:

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


FRA:C7N
87GF Score
Crocs Inc FRA:C7N
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crocs EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6356.966/725.476
=8.76

Crocs's current Enterprise Value is €6,357 Mil.
Crocs'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 €725 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 8.76 mean?
Crocs (FRA:C7N) has a EV-to-EBIT of 8.76 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Crocs and its competitors. This is 53% below median its historical median of 18.47. According to the industry distribution chart, Crocs ranks #256 out of 818 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.3%.
Is Crocs' EV-to-EBIT too high?
Crocs' current EV-to-EBIT of 8.76 is 53% below median its 10-year median of 18.47. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 12.76. Crocs' value of 8.76 is 31.3% below this industry median. Based on the distribution chart, Crocs ranks #256 out of 818 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Crocs has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Crocs' EV-to-EBIT compare to BIRK and SHOO?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Crocs ranks #256 out of 818 companies for EV-to-EBIT. This puts Crocs in the upper half of its industry. The industry median EV-to-EBIT is 12.76. Crocs' value of 8.76 is 31.3% below this benchmark. While the company's 10-year median is 18.47 vs. the industry median of 12.76, Crocs has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 12.76, based on 818 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. Crocs's current EV-to-EBIT of 8.76 is 31.3% below 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 Crocs and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 12.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crocs's current EV-to-EBIT is 8.76, which is 53% below median its own 10-year median of 18.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crocs stock overvalued right now?
Based on GuruFocus' analysis, Crocs (FRA:C7N) is currently considered Fairly Valued. The stock's GF Value™ is €104.22, compared to a current price of €105.00 — trading 0.7% above its estimated fair value. The current EV-to-EBIT is 8.76, which is 53% below median its 10-year median of 18.47 and 31.3% below the Manufacturing - Apparel & Accessories industry median of 12.76. Crocs' overall GF Score™ is 87/100 with 4 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 Crocs (FRA:C7N), the current EV-to-EBIT is 8.76 as of Aug. 21, 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 Crocs (FRA:C7N) Overvalued in 2026?

Based on GuruFocus' analysis, Crocs stock appears to be overvalued. The current stock price of €105.00 is trading 0.7% above its estimated GF Value™ of €104.22. GuruFocus considers Crocs to be Fairly Valued.

Key valuation signals for FRA:C7N:

  • EV-to-EBIT: 8.76 (53% below median its 10-year median of 18.47)
  • GF Value™: €104.22 vs. price of €105.00 (0.7% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 31.3% below the Manufacturing - Apparel & Accessories median (#256 of 818)

No single metric tells the full story. See the FRA:C7N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crocs Business Description

Address 500 Eldorado Boulevard, Building 5, Broomfield, CO, USA, 80021
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable operating segments of the company are the Crocs Brand and the HEYDUDE Brand. The company derives maximum revenue from the Crocs brand segment.
87GF Score

Get the complete analysis for FRA:C7N

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

€105.00
Price
€104.22
GF Value