Dow (HAM:2OY) EV-to-EBIT: -24.12 (As of Jul. 15, 2026)

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HAM:2OY Dow Inc HAM:2OY
60 GF Score
Price €26.40
GF Value €35.35
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Dow EV-to-EBIT?

Dow HAM:2OY +1.11% 60 EV-to-EBIT is -24.12 as of Jul. 15, 2026. GuruFocus rates HAM:2OY with a GF Score™ of 60/100 and a GF Value™ of €35.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,236 Chemicals companies, Dow ranks worse than 80906.07% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dow's Enterprise Value is €34,367 Mil. Dow's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-1,425 Mil. Therefore, Dow's EV-to-EBIT for today is -24.12.

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

HAM:2OY' s EV-to-EBIT Range Over the Past 10 Years
Min: -206.39   Med: 14.9   Max: 290.11
Current: -23.59

During the past 10 years, the highest EV-to-EBIT of Dow was 290.11. The lowest was -206.39. And the median was 14.90.

HAM:2OY's EV-to-EBIT is ranked worse than
100% of 1236 companies
in the Chemicals industry
Industry Median: 17.775 vs HAM:2OY: -23.59

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Dow's Enterprise Value for the quarter that ended in Mar. 2026 was €41,553 Mil. Dow's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-1,425 Mil. Dow's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.43%.


Dow  (HAM:2OY) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-1425.099/41552.9229
=-3.43 %

Dow's Enterprise Value for the quarter that ended in Mar. 2026 was €41,553 Mil.
Dow'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 €-1,425 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.


Dow EV-to-EBIT Related Terms


Dow EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Dow'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.

Dow EV-to-EBIT Chart

Dow 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 6.24 7.24 37.43 18.33 -20.70

Dow Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 25.95 102.39 278.27 -20.70 -28.52

HAM:2OY vs CE, OLN, HUN: EV-to-EBIT Comparison

For the Chemicals subindustry, Dow'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.


Dow EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dow's EV-to-EBIT distribution charts can be found below:

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


HAM:2OY
60GF Score
Dow Inc HAM:2OY
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Dow EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=34366.737/-1425.099
=-24.12

Dow's current Enterprise Value is €34,367 Mil.
Dow'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 €-1,425 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 -24.12 mean?
Dow (HAM:2OY) has a EV-to-EBIT of -24.12 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Dow and its competitors. According to the industry distribution chart, Dow ranks #999999 out of 1236 companies in the Chemicals industry.
Is Dow's EV-to-EBIT too high?
Dow's current EV-to-EBIT is -24.12. Based on the distribution chart, Dow ranks #999999 out of 1236 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Dow has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dow's EV-to-EBIT compare to CE and OLN?
According to the Chemicals industry distribution chart, Dow ranks #999999 out of 1236 companies for EV-to-EBIT. This places Dow in the lower half of its industry. The industry median EV-to-EBIT is 17.78. 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 Chemicals company?
The median EV-to-EBIT among Chemicals companies is 17.78, based on 1,236 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 Dow and its competitors. For the Chemicals industry, the median EV-to-EBIT is 17.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dow's current EV-to-EBIT is -24.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dow stock overvalued right now?
Based on GuruFocus' analysis, Dow (HAM:2OY) is currently considered Modestly Undervalued. The stock's GF Value™ is €35.35, compared to a current price of €26.40 — trading 25.3% below its estimated fair value. The current EV-to-EBIT is -24.12. Dow's overall GF Score™ is 60/100 with 10 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 Dow (HAM:2OY), the current EV-to-EBIT is -24.12 as of Jul. 15, 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 Dow (HAM:2OY) Overvalued in 2026?

Based on GuruFocus' analysis, Dow stock appears to be undervalued. The current stock price of €26.40 is trading 25.3% below its estimated GF Value™ of €35.35. GuruFocus considers Dow to be Modestly Undervalued.

Key valuation signals for HAM:2OY:

  • EV-to-EBIT: -24.12
  • GF Value™: €35.35 vs. price of €26.40 (25.3% below fair value)
  • GF Score™: 60/100 with 10 warning signs

No single metric tells the full story. See the HAM:2OY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dow Business Description

Address 2211 H.H. Dow Way, Midland, MI, USA, 48674
Dow Chemical is a diversified global chemicals producer formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in consumer and industrial end markets.
60GF Score

Get the complete analysis for HAM:2OY

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

€26.40
Price
€35.35
GF Value