Voyager Digital (STU:UCD2) EV-to-EBIT: -0.00 (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:UCD2 Voyager Digital Ltd STU:UCD2
12 GF Score
Price €0.31
View Full Analysis

What is Voyager Digital EV-to-EBIT?

Voyager Digital STU:UCD2 12 EV-to-EBIT is -0.00 as of Aug. 12, 2026. GuruFocus rates STU:UCD2 with a GF Score™ of 12/100.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Voyager Digital's Enterprise Value is €0.0 Mil. Voyager Digital's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was €-34.0 Mil. Therefore, Voyager Digital's EV-to-EBIT for today is -0.00.

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

STU:UCD2's EV-to-EBIT is not ranked *
in the Software industry.
Industry Median: 14.14
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Voyager Digital's Enterprise Value for the quarter that ended in Mar. 2022 was €716.9 Mil. Voyager Digital's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was €-34.0 Mil. Voyager Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -4.75%.


Voyager Digital  (STU:UCD2) 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) %.

Voyager Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2022 ) =EBIT / Enterprise Value (Q: Mar. 2022 )
=-34.019/716.93715
=-4.75 %

Voyager Digital's Enterprise Value for the quarter that ended in Mar. 2022 was €716.9 Mil.
Voyager Digital's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-34.0 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.


Voyager Digital EV-to-EBIT Related Terms


Voyager Digital EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Voyager Digital'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.

Voyager Digital EV-to-EBIT Chart

Voyager Digital Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.42 0.28 -1.02 -3.78 44.40

Voyager Digital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 202.88 44.40 50.78 54.52 -22.26

STU:UCD2 vs IONI, APYP, INPX: EV-to-EBIT Comparison

For the Software - Application subindustry, Voyager Digital'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.


Voyager Digital EV-to-EBIT vs Software Industry

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

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


STU:UCD2
12GF Score
Voyager Digital Ltd STU:UCD2
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voyager Digital EV-to-EBIT Calculation

Voyager Digital's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.018/-34.019
=-0.00

Voyager Digital's current Enterprise Value is €0.0 Mil.
Voyager Digital's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-34.0 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 -0.00 mean?
Voyager Digital (STU:UCD2) has a EV-to-EBIT of -0.00 as of Aug. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Voyager Digital and its competitors.
Is Voyager Digital's EV-to-EBIT too high?
Voyager Digital's current EV-to-EBIT is -0.00. Overall, Voyager Digital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Digital's EV-to-EBIT compare to IONI and APYP?
Voyager Digital's EV-to-EBIT of -0.00 can be compared against companies in the Software industry. The industry median EV-to-EBIT is 14.14. 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 14.14, based on 1,775 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 Voyager Digital and its competitors. For the Software industry, the median EV-to-EBIT is 14.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyager Digital's current EV-to-EBIT is -0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Digital stock overvalued right now?
Voyager Digital (STU:UCD2) has a current EV-to-EBIT of -0.00. The current EV-to-EBIT is -0.00. Voyager Digital's overall GF Score™ is 12/100. 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 Voyager Digital (STU:UCD2), the current EV-to-EBIT is -0.00 as of Aug. 12, 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.

Voyager Digital Business Description

Address 33 Irving Plaza, Suite 3060, New York, NY, USA, 10003
Voyager Digital Ltd through its subsidiary operates as a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet, and custody services through its institutional-grade open architecture platform.
12GF Score

Get the complete analysis for STU:UCD2

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

€0.31
Price