Lumentum Holdings (MIL:1LITE) EV-to-EBIT: -11.95 (As of Aug. 18, 2026)

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MIL:1LITE Lumentum Holdings Inc MIL:1LITE
45 GF Score
Price €858.80
GF Value €101.09
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Lumentum Holdings EV-to-EBIT?

Lumentum Holdings MIL:1LITE +8.03% 45 EV-to-EBIT is -11.95 as of Aug. 18, 2026. GuruFocus rates MIL:1LITE with a GF Score™ of 45/100 and a GF Value™ of €101.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,773 Hardware companies, Lumentum Holdings ranks worse than 56401.52% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lumentum Holdings's Enterprise Value is €74,173 Mil. Lumentum Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-6,209 Mil. Therefore, Lumentum Holdings's EV-to-EBIT for today is -11.95.

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

MIL:1LITE' s EV-to-EBIT Range Over the Past 10 Years
Min: -501.62   Med: 19.72   Max: 1550.85
Current: -11.97

During the past 13 years, the highest EV-to-EBIT of Lumentum Holdings was 1550.85. The lowest was -501.62. And the median was 19.72.

MIL:1LITE's EV-to-EBIT is ranked worse than
100% of 1773 companies
in the Hardware industry
Industry Median: 21.2 vs MIL:1LITE: -11.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Lumentum Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was €41,565 Mil. Lumentum Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-6,209 Mil. Lumentum Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.94%.


Lumentum Holdings  (MIL:1LITE) 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) %.

Lumentum Holdings'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 )
=-6209.252/41564.911
=-14.94 %

Lumentum Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was €41,565 Mil.
Lumentum Holdings'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 €-6,209 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.


Lumentum Holdings EV-to-EBIT Related Terms


Lumentum Holdings EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Lumentum Holdings'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.

Lumentum Holdings EV-to-EBIT Chart

Lumentum Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.18 -69.16 -13.79 -55.81 -10.51

Lumentum Holdings 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 -55.81 -209.75 383.89 169.73 0.00

MIL:1LITE vs HPE, CIEN, MSI: EV-to-EBIT Comparison

For the Communication Equipment subindustry, Lumentum Holdings'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.


Lumentum Holdings EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Lumentum Holdings's EV-to-EBIT distribution charts can be found below:

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


MIL:1LITE
45GF Score
Lumentum Holdings Inc MIL:1LITE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lumentum Holdings EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=74172.756/-6209.252
=-11.95

Lumentum Holdings's current Enterprise Value is €74,173 Mil.
Lumentum Holdings'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 €-6,209 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 -11.95 mean?
Lumentum Holdings (MIL:1LITE) has a EV-to-EBIT of -11.95 as of Aug. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Lumentum Holdings and its competitors. According to the industry distribution chart, Lumentum Holdings ranks #999999 out of 1773 companies in the Hardware industry.
Is Lumentum Holdings' EV-to-EBIT too high?
Lumentum Holdings' current EV-to-EBIT is -11.95. Based on the distribution chart, Lumentum Holdings ranks #999999 out of 1773 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Lumentum Holdings has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumentum Holdings' EV-to-EBIT compare to HPE and CIEN?
According to the Hardware industry distribution chart, Lumentum Holdings ranks #999999 out of 1773 companies for EV-to-EBIT. This places Lumentum Holdings in the lower half of its industry. The industry median EV-to-EBIT is 21.20. 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 Hardware company?
The median EV-to-EBIT among Hardware companies is 21.20, based on 1,773 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 Lumentum Holdings and its competitors. For the Hardware industry, the median EV-to-EBIT is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumentum Holdings's current EV-to-EBIT is -11.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumentum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lumentum Holdings (MIL:1LITE) is currently considered Significantly Overvalued. The stock's GF Value™ is €101.09, compared to a current price of €858.80 — trading 749.5% above its estimated fair value. The current EV-to-EBIT is -11.95. Lumentum Holdings' overall GF Score™ is 45/100 with 5 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 Lumentum Holdings (MIL:1LITE), the current EV-to-EBIT is -11.95 as of Aug. 18, 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 Lumentum Holdings (MIL:1LITE) Overvalued in 2026?

Based on GuruFocus' analysis, Lumentum Holdings stock appears to be overvalued. The current stock price of €858.80 is trading 749.5% above its estimated GF Value™ of €101.09. GuruFocus considers Lumentum Holdings to be Significantly Overvalued.

Key valuation signals for MIL:1LITE:

  • EV-to-EBIT: -11.95
  • GF Value™: €101.09 vs. price of €858.80 (749.5% above fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the MIL:1LITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lumentum Holdings Business Description

Address 1001 Ridder Park Drive, San Jose, CA, USA, 95131
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
45GF Score

Get the complete analysis for MIL:1LITE

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

€858.80
Price
€101.09
GF Value