ASPN (Aspen Aerogels) EV-to-EBITDA: -7.29 (As of Jul. 22, 2026)

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ASPN Aspen Aerogels Inc ASPN
67 GF Score
Price $5.32
GF Value $5.05
Valuation Fairly Valued
! 4 Warning Signs
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What is Aspen Aerogels EV-to-EBITDA?

Aspen Aerogels ASPN -2.12% 67 EV-to-EBITDA is -7.29 as of Jul. 22, 2026. GuruFocus rates ASPN with a GF Score™ of 67/100 and a GF Value™ of $5.05 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,481 Construction companies, Aspen Aerogels ranks worse than 67521.88% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Aspen Aerogels's enterprise value is $395.4 Mil. Aspen Aerogels's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-54.3 Mil. Therefore, Aspen Aerogels's EV-to-EBITDA for today is -7.29.

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

ASPN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -746.49   Med: -8.64   Max: 69.13
Current: -7.29

During the past 13 years, the highest EV-to-EBITDA of Aspen Aerogels was 69.13. The lowest was -746.49. And the median was -8.64.

ASPN's EV-to-EBITDA is ranked worse than
100% of 1481 companies
in the Construction industry
Industry Median: 9.06 vs ASPN: -7.29

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-22), Aspen Aerogels's stock price is $5.315. Aspen Aerogels's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.360. Therefore, Aspen Aerogels's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Aspen Aerogels  (NYSE:ASPN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Aspen Aerogels's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.315/-1.360
=At Loss

Aspen Aerogels's share price for today is $5.315.
Aspen Aerogels's Earnings per Share (Diluted) 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 $-1.360.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Aspen Aerogels EV-to-EBITDA Related Terms


Aspen Aerogels EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Aspen Aerogels's EV-to-EBITDA 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.

Aspen Aerogels EV-to-EBITDA Chart

Aspen Aerogels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58.07 -9.70 -47.93 19.19 -0.67

Aspen Aerogels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 -2.05 -1.78 -2.13 -0.67 -4.39

ASPN vs AIRJ, JLHL, PPIH: EV-to-EBITDA Comparison

For the Building Products & Equipment subindustry, Aspen Aerogels's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Aspen Aerogels EV-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Aspen Aerogels's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aspen Aerogels's EV-to-EBITDA falls into.


ASPN
67GF Score
Aspen Aerogels Inc ASPN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspen Aerogels EV-to-EBITDA Calculation

Aspen Aerogels's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=395.448/-54.278
=-7.29

Aspen Aerogels's current Enterprise Value is $395.4 Mil.
Aspen Aerogels's EBITDA 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 $-54.3 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-EBITDA →
What does a EV-to-EBITDA of -7.29 mean?
Aspen Aerogels (ASPN) has a EV-to-EBITDA of -7.29 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aspen Aerogels. According to the industry distribution chart, Aspen Aerogels ranks #999999 out of 1481 companies in the Construction industry.
Is Aspen Aerogels' EV-to-EBITDA too high?
Aspen Aerogels' current EV-to-EBITDA is -7.29. Based on the distribution chart, Aspen Aerogels ranks #999999 out of 1481 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aspen Aerogels has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aspen Aerogels' EV-to-EBITDA compare to AIRJ and JLHL?
According to the Construction industry distribution chart, Aspen Aerogels ranks #999999 out of 1481 companies for EV-to-EBITDA. This places Aspen Aerogels in the lower half of its industry. The industry median EV-to-EBITDA is 9.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Construction company?
The median EV-to-EBITDA among Construction companies is 9.06, based on 1,481 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aspen Aerogels. For the Construction industry, the median EV-to-EBITDA is 9.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Aerogels's current EV-to-EBITDA is -7.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Aerogels stock overvalued right now?
Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Fairly Valued. The stock's GF Value™ is $5.05, compared to a current price of $5.32 — trading 5.2% above its estimated fair value. The current EV-to-EBITDA is -7.29. Aspen Aerogels' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Aspen Aerogels (ASPN), the current EV-to-EBITDA is -7.29 as of Jul. 22, 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 Aspen Aerogels (ASPN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued. The current stock price of $5.32 is trading 5.2% above its estimated GF Value™ of $5.05. GuruFocus considers Aspen Aerogels to be Fairly Valued.

Key valuation signals for ASPN:

  • EV-to-EBITDA: -7.29
  • GF Value™: $5.05 vs. price of $5.32 (5.2% above fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Aspen Aerogels Business Description

Address 30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.
67GF Score

Get the complete analysis for ASPN

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

$5.32
Price
$5.05
GF Value