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i3 VerticalsIIIV +1.19%70 EV-to-EBITDA is 16.00 as of Aug. 03, 2026, which is 31% below its 10-year median of 23.29. GuruFocus rates IIIV with a GF Score™ of 70/100 and a GF Value™ of $22.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,960 Software companies, i3 Verticals ranks worse than 65.51% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, i3 Verticals's enterprise value is $616.1 Mil.
i3 Verticals's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $38.5 Mil. Therefore, i3 Verticals's EV-to-EBITDA for today is 16.00.
The historical rank and industry rank for i3 Verticals's EV-to-EBITDA or its related term are showing as below:
IIIV'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.94 Med: 23.29 Max: 184.46
Current: 16
During the past 10 years, the highest EV-to-EBITDA of i3 Verticals was 184.46. The lowest was 12.94. And the median was 23.29.
IIIV's EV-to-EBITDA is ranked worse than 65.51% of 1960
companies
in the Software industry
Industry Median: 10.375
vs IIIV: 16.00
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.
i3 Verticals's PE Ratio (TTM) for today is calculated as:
i3 Verticals's share price for today is $21.32.
i3 Verticals'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 $0.700.
* 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 i3 Verticals'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 - Infrastructure subindustry, i3 Verticals'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.
i3 Verticals EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, i3 Verticals's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where i3 Verticals's EV-to-EBITDA falls into.
i3 Verticals's current Enterprise Value is $616.1 Mil.
i3 Verticals'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 $38.5 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.
i3 Verticals (IIIV) has a EV-to-EBITDA of 16.00 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on i3 Verticals. This is 31% below median its historical median of 23.29. Over the past decade, i3 Verticals' EV-to-EBITDA has ranged from 12.94 to 184.46. According to the industry distribution chart, i3 Verticals ranks #1284 out of 1960 companies in the Software industry, placing it in the top 65.5%.
Is i3 Verticals' EV-to-EBITDA too high?
i3 Verticals' current EV-to-EBITDA of 16.00 is 31% below median its 10-year median of 23.29. Over the past 10 years, this metric has ranged from a low of 12.94 to a high of 184.46. The Software industry median EV-to-EBITDA is 10.38. i3 Verticals' value of 16.00 is 54.2% above this industry median. Based on the distribution chart, i3 Verticals ranks #1284 out of 1960 companies in the Software industry, which is below the industry midpoint. Overall, i3 Verticals has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does i3 Verticals' EV-to-EBITDA compare to IMXI and CINT?
According to the Software industry distribution chart, i3 Verticals ranks #1284 out of 1960 companies for EV-to-EBITDA. This places i3 Verticals in the lower half of its industry. The industry median EV-to-EBITDA is 10.38. i3 Verticals' value of 16.00 is 54.2% above this benchmark. Historically, i3 Verticals' own EV-to-EBITDA has ranged from 12.94 to 184.46 over the past decade. While the company's 10-year median is 23.29 vs. the industry median of 10.38, i3 Verticals 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 10.38, based on 1,960 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. i3 Verticals's current EV-to-EBITDA of 16.00 is 54.2% 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 i3 Verticals. For the Software industry, the median EV-to-EBITDA is 10.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i3 Verticals's current EV-to-EBITDA is 16.00, which is 31% below median its own 10-year median of 23.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i3 Verticals stock overvalued right now?
Based on GuruFocus' analysis, i3 Verticals (IIIV) is currently considered Fairly Valued. The stock's GF Value™ is $22.52, compared to a current price of $21.32 — trading 5.3% below its estimated fair value. The current EV-to-EBITDA is 16.00, which is 31% below median its 10-year median of 23.29 and 54.2% above the Software industry median of 10.38. i3 Verticals' overall GF Score™ is 70/100 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 i3 Verticals (IIIV), the current EV-to-EBITDA is 16.00 as of Aug. 03, 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 i3 Verticals (IIIV) Overvalued in 2026?
Based on GuruFocus' analysis, i3 Verticals stock appears to be undervalued.
The current stock price of $21.32 is trading 5.3% below its estimated GF Value™ of $22.52.
GuruFocus considers i3 Verticals to be Fairly Valued.
Key valuation signals for IIIV:
EV-to-EBITDA: 16.00 (31% below median its 10-year median of 23.29)
GF Value™: $22.52 vs. price of $21.32 (5.3% below fair value)
Industry Position: 54.2% above the Software median (#1284 of 1960)
No single metric tells the full story. See the IIIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
i3 Verticals Inc provides mission-critical enterprise software solutions to public sector entities. These comprehensive cloud-native solutions address a broad range of government functions, including courts and public safety, public administration, utilities, transportation and schools. The company generates the majority of revenue from software and related services, including the sale of subscriptions, recurring services, ongoing support, licenses, and installation and implementation services specific to software.
70GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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