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DoceboDCBO +2.16%68 EV-to-EBITDA is 20.30 as of Jul. 24, 2026, which is 3% below its 10-year median of 21.02. GuruFocus rates DCBO with a GF Score™ of 68/100 and a GF Value™ of $60.90 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,957 Software companies, Docebo ranks worse than 72% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Docebo's enterprise value is $512.1 Mil.
Docebo's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $25.2 Mil. Therefore, Docebo's EV-to-EBITDA for today is 20.30.
The historical rank and industry rank for Docebo's EV-to-EBITDA or its related term are showing as below:
DCBO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -328.86 Med: 21.02 Max: 223.93
Current: 20.3
During the past 10 years, the highest EV-to-EBITDA of Docebo was 223.93. The lowest was -328.86. And the median was 21.02.
DCBO's EV-to-EBITDA is ranked worse than 72% of 1957
companies
in the Software industry
Industry Median: 10.33
vs DCBO: 20.30
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 (2026-07-24), Docebo's stock price is $19.40.
Docebo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.160. Therefore, Docebo's PE Ratio (TTM) for today is 16.72.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Docebo (NAS:DCBO) 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.
Docebo's share price for today is $19.40.
Docebo'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 $1.160.
* 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 Docebo'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 Software - Application subindustry, Docebo'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.
Docebo EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Docebo's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Docebo's EV-to-EBITDA falls into.
Docebo's current Enterprise Value is $512.1 Mil.
Docebo'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 $25.2 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.
Docebo (DCBO) has a EV-to-EBITDA of 20.30 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Docebo. This is near median its historical median of 21.02. According to the industry distribution chart, Docebo ranks #1409 out of 1957 companies in the Software industry, placing it in the top 72%.
Is Docebo's EV-to-EBITDA too high?
Docebo's current EV-to-EBITDA of 20.30 is near median its 10-year median of 21.02. The Software industry median EV-to-EBITDA is 10.33. Docebo's value of 20.30 is 96.5% above this industry median. Based on the distribution chart, Docebo ranks #1409 out of 1957 companies in the Software industry, which is below the industry midpoint. Overall, Docebo has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Docebo's EV-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Docebo ranks #1409 out of 1957 companies for EV-to-EBITDA. This places Docebo in the lower half of its industry. The industry median EV-to-EBITDA is 10.33. Docebo's value of 20.30 is 96.5% above this benchmark. While the company's 10-year median is 21.02 vs. the industry median of 10.33, Docebo 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 Software company?
The median EV-to-EBITDA among Software companies is 10.33, based on 1,957 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. Docebo's current EV-to-EBITDA of 20.30 is 96.5% 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 Docebo. For the Software industry, the median EV-to-EBITDA is 10.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docebo's current EV-to-EBITDA is 20.30, which is near median its own 10-year median of 21.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docebo stock overvalued right now?
Based on GuruFocus' analysis, Docebo (DCBO) is currently considered Possible Value Trap. The stock's GF Value™ is $60.90, compared to a current price of $19.40 — trading 68.1% below its estimated fair value. The current EV-to-EBITDA is 20.30, which is near median its 10-year median of 21.02 and 96.5% above the Software industry median of 10.33. Docebo's overall GF Score™ is 68/100 with 3 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 Docebo (DCBO), the current EV-to-EBITDA is 20.30 as of Jul. 24, 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 Docebo (DCBO) Overvalued in 2026?
Based on GuruFocus' analysis, Docebo stock appears to be undervalued.
The current stock price of $19.40 is trading 68.1% below its estimated GF Value™ of $60.90.
GuruFocus considers Docebo to be Possible Value Trap.
Key valuation signals for DCBO:
EV-to-EBITDA: 20.30 (near median its 10-year median of 21.02)
GF Value™: $60.90 vs. price of $19.40 (68.1% below fair value)
Industry Position: 96.5% above the Software median (#1409 of 1957)
No single metric tells the full story. See the DCBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Docebo Inc is a provider of cloud-based learning management systems. The solutions provided by the company allow learning administrators to deliver scalable and flexible personalized learning experiences, from formal training to social learning to multiple internal, external, and blended audiences. The group provides an easy-to-use, configurable, and affordable learning platform with the end-to-end capabilities and critical functionality needed to train both internal and external workforces, partners, and customers. The majority of the revenue is derived from customers based in North America.
68GF Score
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