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MerlinMRLN +9.25%6 EV-to-EBIT is -3.20 as of Aug. 04, 2026. GuruFocus rates MRLN with a GF Score™ of 6/100. Among 254 Aerospace & Defense companies, Merlin ranks worse than 393700.39% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Merlin's Enterprise Value is $289.54 Mil.
Merlin's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-90.36 Mil. Therefore, Merlin's EV-to-EBIT for today is -3.20.
The historical rank and industry rank for Merlin's EV-to-EBIT or its related term are showing as below:
MRLN'
s EV-to-EBIT Range Over the Past 10 Years
Min: -30.02 Med: -3.47 Max: -1.15
Current: -3.2
During the past 2 years, the highest EV-to-EBIT of Merlin was -1.15. The lowest was -30.02. And the median was -3.47.
MRLN's EV-to-EBIT is ranked worse than 100% of 254
companies
in the Aerospace & Defense industry
Industry Median: 28.365
vs MRLN: -3.20
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.
Merlin's Enterprise Value for the quarter that ended in Mar. 2026 was $500.72 Mil.
Merlin'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 $-90.36 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.
Merlin EV-to-EBIT Related Terms
Merlin EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Merlin'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.
Merlin EV-to-EBIT Chart
Merlin Annual Data
Trend
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Dec24
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Merlin Quarterly Data
Dec23
Dec24
Mar25
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Mar26
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MRLN vs ISSC, SPCE, EH: EV-to-EBIT Comparison
For the Aerospace & Defense subindustry, Merlin'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.
Merlin EV-to-EBIT vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Merlin's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Merlin's EV-to-EBIT falls into.
Merlin's current Enterprise Value is $289.54 Mil.
Merlin'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 $-90.36 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.
Merlin (MRLN) has a EV-to-EBIT of -3.20 as of Aug. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merlin and its competitors. According to the industry distribution chart, Merlin ranks #999999 out of 254 companies in the Aerospace & Defense industry.
Is Merlin's EV-to-EBIT too high?
Merlin's current EV-to-EBIT is -3.20. Based on the distribution chart, Merlin ranks #999999 out of 254 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Merlin has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Merlin's EV-to-EBIT compare to ISSC and SPCE?
According to the Aerospace & Defense industry distribution chart, Merlin ranks #999999 out of 254 companies for EV-to-EBIT. This places Merlin in the lower half of its industry. The industry median EV-to-EBIT is 28.37. 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 an Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 28.37, based on 254 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 Merlin and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 28.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin's current EV-to-EBIT is -3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merlin stock overvalued right now?
Merlin (MRLN) has a current EV-to-EBIT of -3.20. The current EV-to-EBIT is -3.20. Merlin's overall GF Score™ is 6/100. 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 Merlin (MRLN), the current EV-to-EBIT is -3.20 as of Aug. 04, 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.
Merlin Inc is focused on developing autonomous flight software for legacy and next-generation airborne systems. Its aircraft-agnostic, AI-based software supports takeoff-to-landing autonomous operations for military and civil aviation programs. The company aims to build an AI-based operating software platform intended to support autonomous flight operations across a range of aircraft types.
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