FTCI (FTC Solar) EV-to-EBITDA: -2.02 (As of Jul. 29, 2026)

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FTCI FTC Solar Inc FTCI
53 GF Score
Price $2.67
GF Value $5.54
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is FTC Solar EV-to-EBITDA?

FTC Solar FTCI -1.11% 53 EV-to-EBITDA is -2.02 as of Jul. 29, 2026. GuruFocus rates FTCI with a GF Score™ of 53/100 and a GF Value™ of $5.54 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 748 Semiconductors companies, FTC Solar ranks worse than 133689.71% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, FTC Solar's enterprise value is $60.52 Mil. FTC Solar's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-29.97 Mil. Therefore, FTC Solar's EV-to-EBITDA for today is -2.02.

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

FTCI' s EV-to-EBITDA Range Over the Past 10 Years
Min: -42.86   Med: -2.35   Max: -0.37
Current: -2.02

During the past 7 years, the highest EV-to-EBITDA of FTC Solar was -0.37. The lowest was -42.86. And the median was -2.35.

FTCI's EV-to-EBITDA is ranked worse than
100% of 748 companies
in the Semiconductors industry
Industry Median: 22.6 vs FTCI: -2.02

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 (2026-07-29), FTC Solar's stock price is $2.67. FTC Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-5.740. Therefore, FTC Solar'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).


FTC Solar  (NAS:FTCI) 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.

FTC Solar's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.67/-5.740
=At Loss

FTC Solar's share price for today is $2.67.
FTC Solar'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 $-5.740.

* 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?


FTC Solar EV-to-EBITDA Related Terms


FTC Solar EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FTC Solar'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.

FTC Solar EV-to-EBITDA Chart

FTC Solar Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -5.69 -2.45 -1.30 -1.52 -2.47

FTC Solar 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 -1.05 -1.75 -1.97 -2.47 -2.59

FTCI vs SPRU, ASTI, BEEM: EV-to-EBITDA Comparison

For the Solar subindustry, FTC Solar'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.


FTC Solar EV-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's EV-to-EBITDA distribution charts can be found below:

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


FTCI
53GF Score
FTC Solar Inc FTCI
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FTC Solar EV-to-EBITDA Calculation

FTC Solar's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=60.518/-29.965
=-2.02

FTC Solar's current Enterprise Value is $60.52 Mil.
FTC Solar'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 $-29.97 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 -2.02 mean?
FTC Solar (FTCI) has a EV-to-EBITDA of -2.02 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FTC Solar. According to the industry distribution chart, FTC Solar ranks #999999 out of 748 companies in the Semiconductors industry.
Is FTC Solar's EV-to-EBITDA too high?
FTC Solar's current EV-to-EBITDA is -2.02. Based on the distribution chart, FTC Solar ranks #999999 out of 748 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, FTC Solar has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's EV-to-EBITDA compare to SPRU and ASTI?
According to the Semiconductors industry distribution chart, FTC Solar ranks #999999 out of 748 companies for EV-to-EBITDA. This places FTC Solar in the lower half of its industry. The industry median EV-to-EBITDA is 22.60. 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 Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 22.60, based on 748 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 FTC Solar. For the Semiconductors industry, the median EV-to-EBITDA is 22.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTC Solar's current EV-to-EBITDA is -2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Possible Value Trap. The stock's GF Value™ is $5.54, compared to a current price of $2.67 — trading 51.8% below its estimated fair value. The current EV-to-EBITDA is -2.02. FTC Solar's overall GF Score™ is 53/100 with 6 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 FTC Solar (FTCI), the current EV-to-EBITDA is -2.02 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.

Is FTC Solar (FTCI) Overvalued in 2026?

Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued. The current stock price of $2.67 is trading 51.8% below its estimated GF Value™ of $5.54. GuruFocus considers FTC Solar to be Possible Value Trap.

Key valuation signals for FTCI:

  • EV-to-EBITDA: -2.02
  • GF Value™: $5.54 vs. price of $2.67 (51.8% below fair value)
  • GF Score™: 53/100 with 6 warning signs

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


FTC Solar Business Description

Other Exchanges 6YK0:Germany
Address 10900 Stonelake Boulevard, Suite 100, Quarry Oaks II Building, Austin, TX, USA, 78759
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
53GF Score

Get the complete analysis for FTCI

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

$2.67
Price
$5.54
GF Value