VHC (VirnetX Holding) EV-to-EBIT: -1.67 (As of Jul. 20, 2026)

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VHC VirnetX Holding Corp VHC
47 GF Score
Price $11.84
GF Value $87.38
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is VirnetX Holding EV-to-EBIT?

VirnetX Holding VHC +4.46% 47 EV-to-EBIT is -1.67 as of Jul. 20, 2026. GuruFocus rates VHC with a GF Score™ of 47/100 and a GF Value™ of $87.38 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,768 Software companies, VirnetX Holding ranks worse than 56561.03% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, VirnetX Holding's Enterprise Value is $32.34 Mil. VirnetX Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-19.40 Mil. Therefore, VirnetX Holding's EV-to-EBIT for today is -1.67.

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

VHC' s EV-to-EBIT Range Over the Past 10 Years
Min: -25.42   Med: -1.66   Max: 5.27
Current: -1.67

During the past 13 years, the highest EV-to-EBIT of VirnetX Holding was 5.27. The lowest was -25.42. And the median was -1.66.

VHC's EV-to-EBIT is ranked worse than
100% of 1768 companies
in the Software industry
Industry Median: 14.27 vs VHC: -1.67

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. VirnetX Holding's Enterprise Value for the quarter that ended in Mar. 2026 was $41.84 Mil. VirnetX Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-19.40 Mil. VirnetX Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -46.37%.


VirnetX Holding  (NAS:VHC) 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) %.

VirnetX Holding'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 )
=-19.401/41.8400414
=-46.37 %

VirnetX Holding's Enterprise Value for the quarter that ended in Mar. 2026 was $41.84 Mil.
VirnetX Holding'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 $-19.40 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.


VirnetX Holding EV-to-EBIT Related Terms


VirnetX Holding EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for VirnetX Holding'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.

VirnetX Holding EV-to-EBIT Chart

VirnetX Holding 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 -0.32 2.68 0.90 0.24 -2.57

VirnetX Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.15 -0.79 -2.59 -2.57 -2.16

VHC vs WHEN, RMXI, MOVE: EV-to-EBIT Comparison

For the Software - Infrastructure subindustry, VirnetX Holding'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.


VirnetX Holding EV-to-EBIT vs Software Industry

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

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


VHC
47GF Score
VirnetX Holding Corp VHC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VirnetX Holding EV-to-EBIT Calculation

VirnetX Holding's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32.336/-19.401
=-1.67

VirnetX Holding's current Enterprise Value is $32.34 Mil.
VirnetX Holding'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 $-19.40 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 -1.67 mean?
VirnetX Holding (VHC) has a EV-to-EBIT of -1.67 as of Jul. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on VirnetX Holding and its competitors. According to the industry distribution chart, VirnetX Holding ranks #999999 out of 1768 companies in the Software industry.
Is VirnetX Holding's EV-to-EBIT too high?
VirnetX Holding's current EV-to-EBIT is -1.67. Based on the distribution chart, VirnetX Holding ranks #999999 out of 1768 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VirnetX Holding has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VirnetX Holding's EV-to-EBIT compare to WHEN and RMXI?
According to the Software industry distribution chart, VirnetX Holding ranks #999999 out of 1768 companies for EV-to-EBIT. This places VirnetX Holding in the lower half of its industry. The industry median EV-to-EBIT is 14.27. 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 14.27, based on 1,768 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 VirnetX Holding and its competitors. For the Software industry, the median EV-to-EBIT is 14.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VirnetX Holding's current EV-to-EBIT is -1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirnetX Holding stock overvalued right now?
Based on GuruFocus' analysis, VirnetX Holding (VHC) is currently considered Possible Value Trap. The stock's GF Value™ is $87.38, compared to a current price of $11.84 — trading 86.4% below its estimated fair value. The current EV-to-EBIT is -1.67. VirnetX Holding's overall GF Score™ is 47/100 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 VirnetX Holding (VHC), the current EV-to-EBIT is -1.67 as of Jul. 20, 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 VirnetX Holding (VHC) Overvalued in 2026?

Based on GuruFocus' analysis, VirnetX Holding stock appears to be undervalued. The current stock price of $11.84 is trading 86.4% below its estimated GF Value™ of $87.38. GuruFocus considers VirnetX Holding to be Possible Value Trap.

Key valuation signals for VHC:

  • EV-to-EBIT: -1.67
  • GF Value™: $87.38 vs. price of $11.84 (86.4% below fair value)
  • GF Score™: 47/100 with 5 warning signs

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


VirnetX Holding Business Description

Other Exchanges VN20:Germany
Address 308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications. Its software and technology solutions, including its Secure Domain Name Registry and Technology, VirnetX One, War Room, VirnetX Matrix, and GABRIEL Connection Technology, are designed to be device and location-independent, and enable a secure real-time communication environment for all types of enterprise applications, services and critical infrastructures.
47GF Score

Get the complete analysis for VHC

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

$11.84
Price
$87.38
GF Value