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StrategyMSTR -3.51%61 EV-to-EBIT is 109.33 as of Jul. 16, 2026, which is 43632% above its 10-year median of 0.25. GuruFocus rates MSTR with a GF Score™ of 61/100 and a GF Value™ of $117.90 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,762 Software companies, Strategy ranks worse than 92.34% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Strategy's Enterprise Value is $49,136.4 Mil.
Strategy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $449.4 Mil. Therefore, Strategy's EV-to-EBIT for today is 109.33.
The historical rank and industry rank for Strategy's EV-to-EBIT or its related term are showing as below:
MSTR'
s EV-to-EBIT Range Over the Past 10 Years
Min: -1108.57 Med: 0.25 Max: 270.43
Current: 109.33
During the past 13 years, the highest EV-to-EBIT of Strategy was 270.43. The lowest was -1108.57. And the median was 0.25.
MSTR's EV-to-EBIT is ranked worse than 92.34% of 1762
companies
in the Software industry
Industry Median: 14.355
vs MSTR: 109.33
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.
Strategy's Enterprise Value for the quarter that ended in Mar. 2026 was $58,206.7 Mil.
Strategy'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 $449.4 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.
Strategy EV-to-EBIT Related Terms
Strategy EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Strategy'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.
For the Software - Application subindustry, Strategy'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.
Strategy EV-to-EBIT vs Software Industry
For the Software industry and Technology sector, Strategy's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Strategy's EV-to-EBIT falls into.
Strategy's current Enterprise Value is $49,136.4 Mil.
Strategy'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 $449.4 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.
Strategy (MSTR) has a EV-to-EBIT of 109.33 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Strategy and its competitors. This is 43632% above median its historical median of 0.25. According to the industry distribution chart, Strategy ranks #1627 out of 1762 companies in the Software industry, placing it in the top 92.3%.
Is Strategy's EV-to-EBIT too high?
Strategy's current EV-to-EBIT of 109.33 is 43632% above median its 10-year median of 0.25. The Software industry median EV-to-EBIT is 14.36. Strategy's value of 109.33 is 661.6% above this industry median. Based on the distribution chart, Strategy ranks #1627 out of 1762 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Strategy has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Strategy's EV-to-EBIT compare to WDAY and FICO?
According to the Software industry distribution chart, Strategy ranks #1627 out of 1762 companies for EV-to-EBIT. This places Strategy in the lower half of its industry. The industry median EV-to-EBIT is 14.36. Strategy's value of 109.33 is 661.6% above this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 14.36, Strategy 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 Software company?
The median EV-to-EBIT among Software companies is 14.36, based on 1,762 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. Strategy's current EV-to-EBIT of 109.33 is 661.6% 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 Strategy and its competitors. For the Software industry, the median EV-to-EBIT is 14.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strategy's current EV-to-EBIT is 109.33, which is 43632% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategy stock overvalued right now?
Based on GuruFocus' analysis, Strategy (MSTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $117.90, compared to a current price of $94.05 — trading 20.2% below its estimated fair value. The current EV-to-EBIT is 109.33, which is 43632% above median its 10-year median of 0.25 and 661.6% above the Software industry median of 14.36. Strategy's overall GF Score™ is 61/100 with 8 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 Strategy (MSTR), the current EV-to-EBIT is 109.33 as of Jul. 16, 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 Strategy (MSTR) Overvalued in 2026?
Based on GuruFocus' analysis, Strategy stock appears to be undervalued.
The current stock price of $94.05 is trading 20.2% below its estimated GF Value™ of $117.90.
GuruFocus considers Strategy to be Modestly Undervalued.
Key valuation signals for MSTR:
EV-to-EBIT: 109.33 (43632% above median its 10-year median of 0.25)
GF Value™: $117.90 vs. price of $94.05 (20.2% below fair value)
Industry Position: 661.6% above the Software median (#1627 of 1762)
No single metric tells the full story. See the MSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education). Geographically, the company operates in EMEA, U.S. and Other Regions, of which maximum revenue is derived from U.S..
61GF Score
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