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Badger MeterBMI +3.04%82 EV-to-EBITDA is 18.98 as of Aug. 01, 2026, which is 16% below its 10-year median of 22.64. GuruFocus rates BMI with a GF Score™ of 82/100 and a GF Value™ of $202.54 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,893 Hardware companies, Badger Meter ranks worse than 58% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Badger Meter's enterprise value is $3,798.7 Mil.
Badger Meter's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $200.1 Mil. Therefore, Badger Meter's EV-to-EBITDA for today is 18.98.
The historical rank and industry rank for Badger Meter's EV-to-EBITDA or its related term are showing as below:
BMI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 13.05 Med: 22.64 Max: 37.59
Current: 18.98
During the past 13 years, the highest EV-to-EBITDA of Badger Meter was 37.59. The lowest was 13.05. And the median was 22.64.
BMI's EV-to-EBITDA is ranked worse than 58% of 1893
companies
in the Hardware industry
Industry Median: 14.03
vs BMI: 18.98
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.
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.
Badger Meter's PE Ratio (TTM) for today is calculated as:
Badger Meter's share price for today is $134.35.
Badger Meter's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.280.
* 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).
The historical data trend for Badger Meter'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.
For the Scientific & Technical Instruments subindustry, Badger Meter'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.
Badger Meter EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Badger Meter's EV-to-EBITDA falls into.
Badger Meter's current Enterprise Value is $3,798.7 Mil.
Badger Meter's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $200.1 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.
Badger Meter (BMI) has a EV-to-EBITDA of 18.98 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Badger Meter. This is 16% below median its historical median of 22.64. Over the past decade, Badger Meter's EV-to-EBITDA has ranged from 13.05 to 37.59. According to the industry distribution chart, Badger Meter ranks #1098 out of 1893 companies in the Hardware industry, placing it in the top 58%.
Is Badger Meter's EV-to-EBITDA too high?
Badger Meter's current EV-to-EBITDA of 18.98 is 16% below median its 10-year median of 22.64. Over the past 10 years, this metric has ranged from a low of 13.05 to a high of 37.59. The Hardware industry median EV-to-EBITDA is 14.03. Badger Meter's value of 18.98 is 35.3% above this industry median. Based on the distribution chart, Badger Meter ranks #1098 out of 1893 companies in the Hardware industry, which is below the industry midpoint. Overall, Badger Meter has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's EV-to-EBITDA compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #1098 out of 1893 companies for EV-to-EBITDA. This places Badger Meter in the lower half of its industry. The industry median EV-to-EBITDA is 14.03. Badger Meter's value of 18.98 is 35.3% above this benchmark. Historically, Badger Meter's own EV-to-EBITDA has ranged from 13.05 to 37.59 over the past decade. While the company's 10-year median is 22.64 vs. the industry median of 14.03, Badger Meter 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-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.03, based on 1,893 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. Badger Meter's current EV-to-EBITDA of 18.98 is 35.3% 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-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 Badger Meter. For the Hardware industry, the median EV-to-EBITDA is 14.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current EV-to-EBITDA is 18.98, which is 16% below median its own 10-year median of 22.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $202.54, compared to a current price of $134.35 — trading 33.7% below its estimated fair value. The current EV-to-EBITDA is 18.98, which is 16% below median its 10-year median of 22.64 and 35.3% above the Hardware industry median of 14.03. Badger Meter's overall GF Score™ is 82/100 with 1 warning sign 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 Badger Meter (BMI), the current EV-to-EBITDA is 18.98 as of Aug. 01, 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 Badger Meter (BMI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued.
The current stock price of $134.35 is trading 33.7% below its estimated GF Value™ of $202.54.
GuruFocus considers Badger Meter to be Significantly Undervalued.
Key valuation signals for BMI:
EV-to-EBITDA: 18.98 (16% below median its 10-year median of 22.64)
GF Value™: $202.54 vs. price of $134.35 (33.7% below fair value)
Industry Position: 35.3% above the Hardware median (#1098 of 1893)
No single metric tells the full story. See the BMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
82GF Score
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