LightAir AB (NGM:LAIR) EV-to-EBIT: -1.91 (As of Aug. 10, 2026)

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NGM:LAIR LightAir AB NGM:LAIR
31 GF Score
Price kr0.90
GF Value kr0.28
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is LightAir AB EV-to-EBIT?

LightAir AB NGM:LAIR +5.88% 31 EV-to-EBIT is -1.91 as of Aug. 10, 2026. GuruFocus rates NGM:LAIR with a GF Score™ of 31/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,377 Industrial Products companies, LightAir AB ranks worse than 42069.79% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, LightAir AB's Enterprise Value is kr15.13 Mil. LightAir AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.92 Mil. Therefore, LightAir AB's EV-to-EBIT for today is -1.91.

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

NGM:LAIR' s EV-to-EBIT Range Over the Past 10 Years
Min: -75.13   Med: -1.78   Max: 1.46
Current: -1.91

During the past 13 years, the highest EV-to-EBIT of LightAir AB was 1.46. The lowest was -75.13. And the median was -1.78.

NGM:LAIR's EV-to-EBIT is ranked worse than
100% of 2377 companies
in the Industrial Products industry
Industry Median: 20.03 vs NGM:LAIR: -1.91

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. LightAir AB's Enterprise Value for the quarter that ended in Dec. 2025 was kr2.83 Mil. LightAir AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.92 Mil. LightAir AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -279.22%.


LightAir AB  (NGM:LAIR) 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) %.

LightAir AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-7.915/2.83472
=-279.22 %

LightAir AB's Enterprise Value for the quarter that ended in Dec. 2025 was kr2.83 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.92 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.


LightAir AB EV-to-EBIT Related Terms


LightAir AB EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for LightAir AB'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.

LightAir AB EV-to-EBIT Chart

LightAir AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.81 -1.07 -1.23 -0.01 -0.39

LightAir AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -1.23 0.00 -0.01 0.00 -0.39

NGM:LAIR vs VLTO, ZWS, CECO: EV-to-EBIT Comparison

For the Pollution & Treatment Controls subindustry, LightAir AB'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.


LightAir AB EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, LightAir AB's EV-to-EBIT distribution charts can be found below:

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


NGM:LAIR
31GF Score
LightAir AB NGM:LAIR
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LightAir AB EV-to-EBIT Calculation

LightAir AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15.133/-7.915
=-1.91

LightAir AB's current Enterprise Value is kr15.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.92 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 -1.91 mean?
LightAir AB (NGM:LAIR) has a EV-to-EBIT of -1.91 as of Aug. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on LightAir AB and its competitors. According to the industry distribution chart, LightAir AB ranks #999999 out of 2377 companies in the Industrial Products industry.
Is LightAir AB's EV-to-EBIT too high?
LightAir AB's current EV-to-EBIT is -1.91. Based on the distribution chart, LightAir AB ranks #999999 out of 2377 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, LightAir AB has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's EV-to-EBIT compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, LightAir AB ranks #999999 out of 2377 companies for EV-to-EBIT. This places LightAir AB in the lower half of its industry. The industry median EV-to-EBIT is 20.03. 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 Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 20.03, based on 2,377 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 LightAir AB and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightAir AB's current EV-to-EBIT is -1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.90 — trading 221.4% above its estimated fair value. The current EV-to-EBIT is -1.91. LightAir AB's overall GF Score™ is 31/100 with 6 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 LightAir AB (NGM:LAIR), the current EV-to-EBIT is -1.91 as of Aug. 10, 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 LightAir AB (NGM:LAIR) Overvalued in 2026?

Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued. The current stock price of kr0.90 is trading 221.4% above its estimated GF Value™ of kr0.28. GuruFocus considers LightAir AB to be Significantly Overvalued.

Key valuation signals for NGM:LAIR:

  • EV-to-EBIT: -1.91
  • GF Value™: kr0.28 vs. price of kr0.90 (221.4% above fair value)
  • GF Score™: 31/100 with 6 warning signs

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


LightAir AB Business Description

Address Svetsarvagen 13, kersberga, Stockholm, SWE, 184 42
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
31GF Score

Get the complete analysis for NGM:LAIR

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

kr0.90
Price
kr0.28
GF Value