Illumina (WBO:ILMN) EV-to-EBIT: 27.00 (As of Jul. 29, 2026) — 16% Below Median

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WBO:ILMN Illumina Inc WBO:ILMN
67 GF Score
Price €168.74
GF Value €113.51
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Illumina EV-to-EBIT?

Illumina WBO:ILMN +0.51% 67 EV-to-EBIT is 27.00 as of Jul. 29, 2026, which is 16% below its 10-year median of 32.04. GuruFocus rates WBO:ILMN with a GF Score™ of 67/100 and a GF Value™ of €113.51 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 104 Medical Diagnostics & Research companies, Illumina ranks worse than 59.62% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Illumina's Enterprise Value is €26,905 Mil. Illumina's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €996 Mil. Therefore, Illumina's EV-to-EBIT for today is 27.00.

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

WBO:ILMN' s EV-to-EBIT Range Over the Past 10 Years
Min: -22.46   Med: 32.04   Max: 737.75
Current: 26.37

During the past 13 years, the highest EV-to-EBIT of Illumina was 737.75. The lowest was -22.46. And the median was 32.04.

WBO:ILMN's EV-to-EBIT is ranked worse than
59.62% of 104 companies
in the Medical Diagnostics & Research industry
Industry Median: 23.365 vs WBO:ILMN: 26.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Illumina's Enterprise Value for the quarter that ended in Mar. 2026 was €17,462 Mil. Illumina's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €996 Mil. Illumina's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.71%.


Illumina  (WBO:ILMN) 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) %.

Illumina'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 )
=996.444/17462.445
=5.71 %

Illumina's Enterprise Value for the quarter that ended in Mar. 2026 was €17,462 Mil.
Illumina'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 €996 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.


Illumina EV-to-EBIT Related Terms


Illumina EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Illumina'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.

Illumina EV-to-EBIT Chart

Illumina 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 62.71 -7.56 -21.85 -20.99 17.68

Illumina 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 -17.91 10.71 15.91 17.68 17.35

WBO:ILMN vs MTD, DGX, LH: EV-to-EBIT Comparison

For the Diagnostics & Research subindustry, Illumina'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.


Illumina EV-to-EBIT vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Illumina's EV-to-EBIT distribution charts can be found below:

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


WBO:ILMN
67GF Score
Illumina Inc WBO:ILMN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Illumina EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=26904.704/996.444
=27.00

Illumina's current Enterprise Value is €26,905 Mil.
Illumina'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 €996 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 27.00 mean?
Illumina (WBO:ILMN) has a EV-to-EBIT of 27.00 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Illumina and its competitors. This is 16% below median its historical median of 32.04. According to the industry distribution chart, Illumina ranks #62 out of 104 companies in the Medical Diagnostics & Research industry, placing it in the top 59.6%.
Is Illumina's EV-to-EBIT too high?
Illumina's current EV-to-EBIT of 27.00 is 16% below median its 10-year median of 32.04. The Medical Diagnostics & Research industry median EV-to-EBIT is 23.37. Illumina's value of 27.00 is 15.6% above this industry median. Based on the distribution chart, Illumina ranks #62 out of 104 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Illumina has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Illumina's EV-to-EBIT compare to MTD and DGX?
According to the Medical Diagnostics & Research industry distribution chart, Illumina ranks #62 out of 104 companies for EV-to-EBIT. This places Illumina in the lower half of its industry. The industry median EV-to-EBIT is 23.37. Illumina's value of 27.00 is 15.6% above this benchmark. While the company's 10-year median is 32.04 vs. the industry median of 23.37, Illumina 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 Medical Diagnostics & Research company?
The median EV-to-EBIT among Medical Diagnostics & Research companies is 23.37, based on 104 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. Illumina's current EV-to-EBIT of 27.00 is 15.6% 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 Illumina and its competitors. For the Medical Diagnostics & Research industry, the median EV-to-EBIT is 23.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Illumina's current EV-to-EBIT is 27.00, which is 16% below median its own 10-year median of 32.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Illumina stock overvalued right now?
Based on GuruFocus' analysis, Illumina (WBO:ILMN) is currently considered Significantly Overvalued. The stock's GF Value™ is €113.51, compared to a current price of €168.74 — trading 48.7% above its estimated fair value. The current EV-to-EBIT is 27.00, which is 16% below median its 10-year median of 32.04 and 15.6% above the Medical Diagnostics & Research industry median of 23.37. Illumina's overall GF Score™ is 67/100 with 7 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 Illumina (WBO:ILMN), the current EV-to-EBIT is 27.00 as of Jul. 29, 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 Illumina (WBO:ILMN) Overvalued in 2026?

Based on GuruFocus' analysis, Illumina stock appears to be overvalued. The current stock price of €168.74 is trading 48.7% above its estimated GF Value™ of €113.51. GuruFocus considers Illumina to be Significantly Overvalued.

Key valuation signals for WBO:ILMN:

  • EV-to-EBIT: 27.00 (16% below median its 10-year median of 32.04)
  • GF Value™: €113.51 vs. price of €168.74 (48.7% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 15.6% above the Medical Diagnostics & Research median (#62 of 104)

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


Illumina Business Description

Address 5200 Illumina Way, San Diego, CA, USA, 92122
Illumina provides tools and services to analyze genetic material with life science and clinical lab applications. The company generates over 90% of its revenue from sequencing instruments, consumables, and services. Illumina's high-throughput technology enables whole genome sequencing in humans and other large organisms. Its lower throughput tools enable applications that require smaller data outputs, such as viral and cancer tumor screening. Illumina also sells microarrays (9% of 2024 sales) that enable lower-cost, focused genetic screening with primarily consumer and agricultural applications.
67GF Score

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

€168.74
Price
€113.51
GF Value