Substrate Artificial Inteligence (XMAD:SAI) EV-to-EBIT: -5.69 (As of Jul. 29, 2026)

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What is Substrate Artificial Inteligence EV-to-EBIT?

Substrate Artificial Inteligence XMAD:SAI -5.39% EV-to-EBIT is -5.69 as of Jul. 29, 2026. The stock has 7 warning signs investors should review. Among 1,770 Software companies, Substrate Artificial Inteligence ranks worse than 56497.12% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Substrate Artificial Inteligence's Enterprise Value is €34.77 Mil. Substrate Artificial Inteligence's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-6.11 Mil. Therefore, Substrate Artificial Inteligence's EV-to-EBIT for today is -5.69.

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

XMAD:SAI' s EV-to-EBIT Range Over the Past 10 Years
Min: -32.82   Med: -1.8   Max: 1.81
Current: -5.7

During the past 5 years, the highest EV-to-EBIT of Substrate Artificial Inteligence was 1.81. The lowest was -32.82. And the median was -1.80.

XMAD:SAI's EV-to-EBIT is ranked worse than
100% of 1770 companies
in the Software industry
Industry Median: 14.15 vs XMAD:SAI: -5.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Substrate Artificial Inteligence's Enterprise Value for the quarter that ended in Dec. 2025 was €30.46 Mil. Substrate Artificial Inteligence's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-6.11 Mil. Substrate Artificial Inteligence's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -20.05%.


Substrate Artificial Inteligence  (XMAD:SAI) 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) %.

Substrate Artificial Inteligence'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 )
=-6.107/30.4611486
=-20.05 %

Substrate Artificial Inteligence's Enterprise Value for the quarter that ended in Dec. 2025 was €30.46 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Substrate Artificial Inteligence's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-6.11 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.


Substrate Artificial Inteligence EV-to-EBIT Related Terms


Substrate Artificial Inteligence EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Substrate Artificial Inteligence'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.

Substrate Artificial Inteligence EV-to-EBIT Chart

Substrate Artificial Inteligence Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
0.00 -0.42 -6.31 3.24 -4.99

Substrate Artificial Inteligence Semi-Annual Data
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 -6.31 0.00 3.24 0.00 -4.99

XMAD:SAI vs MSFT, ORCL, PLTR: EV-to-EBIT Comparison

For the Software - Infrastructure subindustry, Substrate Artificial Inteligence'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.


Substrate Artificial Inteligence EV-to-EBIT vs Software Industry

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

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



Substrate Artificial Inteligence EV-to-EBIT Calculation

Substrate Artificial Inteligence's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=34.767/-6.107
=-5.69

Substrate Artificial Inteligence's current Enterprise Value is €34.77 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Substrate Artificial Inteligence's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-6.11 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 -5.69 mean?
Substrate Artificial Inteligence (XMAD:SAI) has a EV-to-EBIT of -5.69 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Substrate Artificial Inteligence and its competitors. According to the industry distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1770 companies in the Software industry.
Is Substrate Artificial Inteligence's EV-to-EBIT too high?
Substrate Artificial Inteligence's current EV-to-EBIT is -5.69. Based on the distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1770 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Substrate Artificial Inteligence's EV-to-EBIT compare to MSFT and ORCL?
According to the Software industry distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1770 companies for EV-to-EBIT. This places Substrate Artificial Inteligence in the lower half of its industry. The industry median EV-to-EBIT is 14.15. 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 14.15, based on 1,770 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 Substrate Artificial Inteligence and its competitors. For the Software industry, the median EV-to-EBIT is 14.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Substrate Artificial Inteligence's current EV-to-EBIT is -5.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Substrate Artificial Inteligence stock overvalued right now?
Based on GuruFocus' analysis, Substrate Artificial Inteligence (XMAD:SAI) is currently considered Possible Value Trap. The stock's GF Value™ is €0.19, compared to a current price of €0.07 — trading 65.8% below its estimated fair value. The current EV-to-EBIT is -5.69. 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 Substrate Artificial Inteligence (XMAD:SAI), the current EV-to-EBIT is -5.69 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.

Substrate Artificial Inteligence Business Description

Address C/ Maria de Molina, 41, Office 503, Madrid, ESP, 28006
Substrate Artificial Inteligence SA is an Artificial Intelligence company in Spain. Its software is applied in agritech, energy, industry, fintech, human resources, or health sectors. Its technology is easy to implement and allows it to address all the problems faced by companies in the digitization and streamlining of their processes, optimizing decision-making and generating great cost savings.