IOND (Ionic Digital) EV-to-EBIT: 73.15 (As of Sep. 17, 2026) — 12% Above 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.

IOND Ionic Digital Inc IOND
13 GF Score
Price $84.85
! 2 Warning Signs
View Full Analysis

What is Ionic Digital EV-to-EBIT?

Ionic Digital IOND +1.75% 13 EV-to-EBIT is 73.15 as of Sep. 17, 2026, which is 12% above its 10-year median of 65.23. GuruFocus rates IOND with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 531 Capital Markets companies, Ionic Digital ranks worse than 188323.73% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ionic Digital's Enterprise Value is $3,232.0 Mil. Ionic Digital's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $44.2 Mil. Therefore, Ionic Digital's EV-to-EBIT for today is 73.15.

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

IOND' s EV-to-EBIT Range Over the Past 10 Years
Min: -87.46   Med: 65.23   Max: 81.33
Current: -86.46

During the past 3 years, the highest EV-to-EBIT of Ionic Digital was 81.33. The lowest was -87.46. And the median was 65.23.

IOND's EV-to-EBIT is ranked worse than
100% of 531 companies
in the Capital Markets industry
Industry Median: 8.86 vs IOND: -86.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ionic Digital's Enterprise Value for the quarter that ended in Jun. 2026 was $0.0 Mil. Ionic Digital's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $44.2 Mil. Ionic Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Ionic Digital  (NAS:IOND) 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) %.

Ionic Digital'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 )
=44.183/
= %

Ionic Digital's Enterprise Value for the quarter that ended in Jun. 2026 was $0.0 Mil.
Ionic Digital'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 $44.2 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.


Ionic Digital EV-to-EBIT Related Terms


Ionic Digital EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ionic Digital'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.

Ionic Digital EV-to-EBIT Chart

Ionic Digital Annual Data
Trend Dec23 Dec24 Dec25
EV-to-EBIT
0.00 0.00 0.00

Ionic Digital Quarterly Data
Mar25 Jun25 Mar26 Jun26
EV-to-EBIT 0.00 0.00 0.00 0.00

IOND vs CLSK, ETOR, PURR: EV-to-EBIT Comparison

For the Capital Markets subindustry, Ionic Digital'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.


Ionic Digital EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ionic Digital's EV-to-EBIT distribution charts can be found below:

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


IOND
13GF Score
Ionic Digital Inc IOND
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ionic Digital EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3231.964/44.183
=73.15

Ionic Digital's current Enterprise Value is $3,232.0 Mil.
Ionic Digital'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 $44.2 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 73.15 mean?
Ionic Digital (IOND) has a EV-to-EBIT of 73.15 as of Sep. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ionic Digital and its competitors. This is 12% above median its historical median of 65.23. According to the industry distribution chart, Ionic Digital ranks #999999 out of 531 companies in the Capital Markets industry.
Is Ionic Digital's EV-to-EBIT too high?
Ionic Digital's current EV-to-EBIT of 73.15 is 12% above median its 10-year median of 65.23. The Capital Markets industry median EV-to-EBIT is 8.86. Ionic Digital's value of 73.15 is 725.6% above this industry median. Based on the distribution chart, Ionic Digital ranks #999999 out of 531 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Ionic Digital has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Digital's EV-to-EBIT compare to CLSK and ETOR?
According to the Capital Markets industry distribution chart, Ionic Digital ranks #999999 out of 531 companies for EV-to-EBIT. This places Ionic Digital in the lower half of its industry. The industry median EV-to-EBIT is 8.86. Ionic Digital's value of 73.15 is 725.6% above this benchmark. While the company's 10-year median is 65.23 vs. the industry median of 8.86, Ionic Digital 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 Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 8.86, based on 531 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. Ionic Digital's current EV-to-EBIT of 73.15 is 725.6% 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 Ionic Digital and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionic Digital's current EV-to-EBIT is 73.15, which is 12% above median its own 10-year median of 65.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Digital stock overvalued right now?
Ionic Digital (IOND) has a current EV-to-EBIT of 73.15. The current EV-to-EBIT is 73.15, which is 12% above median its 10-year median of 65.23 and 725.6% above the Capital Markets industry median of 8.86. Ionic Digital's overall GF Score™ is 13/100 with 2 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 Ionic Digital (IOND), the current EV-to-EBIT is 73.15 as of Sep. 17, 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.

Ionic Digital Business Description

Address 2332 Galiano Street, 2nd Floor, Coral Gables, FL, USA, 33134
Ionic Digital Inc intends to be a leading bitcoin mining company, as part of the digital assets ecosystem.
13GF Score

Get the complete analysis for IOND

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

$84.85
Price