Tonner Drones (XPAR:ALTD) EV-to-EBIT: 20.18 (As of Sep. 12, 2026)

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What is Tonner Drones EV-to-EBIT?

Tonner Drones XPAR:ALTD -1.42% EV-to-EBIT is 20.18 as of Sep. 12, 2026. The stock has 6 warning signs investors should review. Among 251 Aerospace & Defense companies, Tonner Drones ranks better than 62.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tonner Drones's Enterprise Value is €23.76 Mil. Tonner Drones's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1.18 Mil. Therefore, Tonner Drones's EV-to-EBIT for today is 20.18.

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

XPAR:ALTD' s EV-to-EBIT Range Over the Past 10 Years
Min: -129.39   Med: -0.92   Max: 20.18
Current: 20.18

During the past 12 years, the highest EV-to-EBIT of Tonner Drones was 20.18. The lowest was -129.39. And the median was -0.92.

XPAR:ALTD's EV-to-EBIT is ranked better than
62.15% of 251 companies
in the Aerospace & Defense industry
Industry Median: 26.05 vs XPAR:ALTD: 20.18

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tonner Drones's Enterprise Value for the quarter that ended in Dec. 2025 was €21.18 Mil. Tonner Drones's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1.18 Mil. Tonner Drones's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.56%.


Tonner Drones  (XPAR:ALTD) 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) %.

Tonner Drones'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 )
=1.177/21.17534
=5.56 %

Tonner Drones's Enterprise Value for the quarter that ended in Dec. 2025 was €21.18 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tonner Drones's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1.18 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.


Tonner Drones EV-to-EBIT Related Terms


Tonner Drones EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tonner Drones'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.

Tonner Drones EV-to-EBIT Chart

Tonner Drones Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -108.38 -18.46 -0.86 -0.93 17.99

Tonner Drones Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 -0.86 0.00 -0.93 0.00 17.99

XPAR:ALTD vs SPCX, GE, RTX: EV-to-EBIT Comparison

For the Aerospace & Defense subindustry, Tonner Drones'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.


Tonner Drones EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Tonner Drones's EV-to-EBIT distribution charts can be found below:

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



Tonner Drones EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=23.756/1.177
=20.18

Tonner Drones's current Enterprise Value is €23.76 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tonner Drones's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1.18 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 20.18 mean?
Tonner Drones (XPAR:ALTD) has a EV-to-EBIT of 20.18 as of Sep. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tonner Drones and its competitors. According to the industry distribution chart, Tonner Drones ranks #95 out of 251 companies in the Aerospace & Defense industry, placing it in the top 37.8%.
Is Tonner Drones' EV-to-EBIT too high?
Tonner Drones' current EV-to-EBIT is 20.18. The Aerospace & Defense industry median EV-to-EBIT is 26.05. Tonner Drones' value of 20.18 is 22.5% below this industry median. Based on the distribution chart, Tonner Drones ranks #95 out of 251 companies in the Aerospace & Defense industry, which is above the industry midpoint.
How does Tonner Drones' EV-to-EBIT compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Tonner Drones ranks #95 out of 251 companies for EV-to-EBIT. This puts Tonner Drones in the upper half of its industry. The industry median EV-to-EBIT is 26.05. Tonner Drones' value of 20.18 is 22.5% below this benchmark. 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 Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 26.05, based on 251 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. Tonner Drones's current EV-to-EBIT of 20.18 is 22.5% below 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 Tonner Drones and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 26.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonner Drones's current EV-to-EBIT is 20.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonner Drones stock overvalued right now?
Tonner Drones (XPAR:ALTD) has a current EV-to-EBIT of 20.18. The current EV-to-EBIT is 20.18 and 22.5% below the Aerospace & Defense industry median of 26.05. 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 Tonner Drones (XPAR:ALTD), the current EV-to-EBIT is 20.18 as of Sep. 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.

Tonner Drones Business Description

Other Exchanges 1DD:Germany
Address 12 Rue Ampere, Cemoi – Batiment A, Grenoble, FRA, 38000
Tonner Drones SA is engaged in the developing and marketing of security and surveillance solutions intended for the military field as well as private and public security: the ISS SPOTTER Wired captive surveillance drone, the automatic drone for surveillance of sensitive sites ISS SPOTTER Automatic or even trailers SPOTTER BOT mobile video security systems.