Remitly Global (MEX:RELY) EV-to-EBIT: 21.81 (As of Sep. 14, 2026)

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MEX:RELY Remitly Global Inc MEX:RELY
61 GF Score
Price MXN420.00
GF Value MXN363.92
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Remitly Global EV-to-EBIT?

Remitly Global MEX:RELY 61 EV-to-EBIT is 21.81 as of Sep. 14, 2026. GuruFocus rates MEX:RELY with a GF Score™ of 61/100 and a GF Value™ of MXN363.92 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,768 Software companies, Remitly Global ranks worse than 67.42% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Remitly Global's Enterprise Value is MXN68,240 Mil. Remitly Global's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was MXN3,129 Mil. Therefore, Remitly Global's EV-to-EBIT for today is 21.81.

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

MEX:RELY' s EV-to-EBIT Range Over the Past 10 Years
Min: -404.09   Med: -22.28   Max: 554.37
Current: 22.87

During the past 7 years, the highest EV-to-EBIT of Remitly Global was 554.37. The lowest was -404.09. And the median was -22.28.

MEX:RELY's EV-to-EBIT is ranked worse than
67.42% of 1768 companies
in the Software industry
Industry Median: 13.695 vs MEX:RELY: 22.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Remitly Global's Enterprise Value for the quarter that ended in Jun. 2026 was MXN60,833 Mil. Remitly Global's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was MXN3,129 Mil. Remitly Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.14%.


Remitly Global  (MEX:RELY) 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) %.

Remitly Global'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 )
=3129.426/60833.41
=5.14 %

Remitly Global's Enterprise Value for the quarter that ended in Jun. 2026 was MXN60,833 Mil.
Remitly Global'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 MXN3,129 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.


Remitly Global EV-to-EBIT Related Terms


Remitly Global EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Remitly Global'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.

Remitly Global EV-to-EBIT Chart

Remitly Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial -82.00 -15.15 -31.74 -154.55 32.26

Remitly Global 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 128.39 81.67 32.26 22.86 23.39

MEX:RELY vs ACIW, CORZ, NTSK: EV-to-EBIT Comparison

For the Software - Infrastructure subindustry, Remitly Global'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.


Remitly Global EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Remitly Global's EV-to-EBIT distribution charts can be found below:

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


MEX:RELY
61GF Score
Remitly Global Inc MEX:RELY
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Remitly Global EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=68239.728/3129.426
=21.81

Remitly Global's current Enterprise Value is MXN68,240 Mil.
Remitly Global'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 MXN3,129 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 21.81 mean?
Remitly Global (MEX:RELY) has a EV-to-EBIT of 21.81 as of Sep. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Remitly Global and its competitors. According to the industry distribution chart, Remitly Global ranks #1192 out of 1768 companies in the Software industry, placing it in the top 67.4%.
Is Remitly Global's EV-to-EBIT too high?
Remitly Global's current EV-to-EBIT is 21.81. The Software industry median EV-to-EBIT is 13.70. Remitly Global's value of 21.81 is 59.3% above this industry median. Based on the distribution chart, Remitly Global ranks #1192 out of 1768 companies in the Software industry, which is below the industry midpoint. Overall, Remitly Global has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Remitly Global's EV-to-EBIT compare to ACIW and CORZ?
According to the Software industry distribution chart, Remitly Global ranks #1192 out of 1768 companies for EV-to-EBIT. This places Remitly Global in the lower half of its industry. The industry median EV-to-EBIT is 13.70. Remitly Global's value of 21.81 is 59.3% above this benchmark. 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 Software company?
The median EV-to-EBIT among Software companies is 13.70, based on 1,768 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. Remitly Global's current EV-to-EBIT of 21.81 is 59.3% 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 Remitly Global and its competitors. For the Software industry, the median EV-to-EBIT is 13.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Remitly Global's current EV-to-EBIT is 21.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Remitly Global stock overvalued right now?
Based on GuruFocus' analysis, Remitly Global (MEX:RELY) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN363.92, compared to a current price of MXN420.00 — trading 15.4% above its estimated fair value. The current EV-to-EBIT is 21.81 and 59.3% above the Software industry median of 13.70. Remitly Global's overall GF Score™ is 61/100 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 Remitly Global (MEX:RELY), the current EV-to-EBIT is 21.81 as of Sep. 14, 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 Remitly Global (MEX:RELY) Overvalued in 2026?

Based on GuruFocus' analysis, Remitly Global stock appears to be overvalued. The current stock price of MXN420.00 is trading 15.4% above its estimated GF Value™ of MXN363.92. GuruFocus considers Remitly Global to be Modestly Overvalued.

Key valuation signals for MEX:RELY:

  • EV-to-EBIT: 21.81
  • GF Value™: MXN363.92 vs. price of MXN420.00 (15.4% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 59.3% above the Software median (#1192 of 1768)

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


Remitly Global Business Description

Other Exchanges RELY:USA
Address 401 Union Street, Suite 1000, Seattle, WA, USA, 98101
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
61GF Score

Get the complete analysis for MEX:RELY

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

MXN420.00
Price
MXN363.92
GF Value