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Ionic DigitalIOND -1.64%13 EV-to-EBITDA is 57.97 as of Sep. 18, 2026, which is 67% above its 10-year median of 34.70. GuruFocus rates IOND with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 542 Capital Markets companies, Ionic Digital ranks worse than 184501.66% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ionic Digital's enterprise value is $3,169.4 Mil.
Ionic Digital's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $54.7 Mil. Therefore, Ionic Digital's EV-to-EBITDA for today is 57.97.
The historical rank and industry rank for Ionic Digital's EV-to-EBITDA or its related term are showing as below:
IOND'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -121.58 Med: 34.7 Max: 58.67
Current: -117.85
During the past 3 years, the highest EV-to-EBITDA of Ionic Digital was 58.67. The lowest was -121.58. And the median was 34.70.
IOND's EV-to-EBITDA is ranked worse than 100% of 542
companies
in the Capital Markets industry
Industry Median: 8.245
vs IOND: -117.85
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.
Ionic Digital's PE Ratio (TTM) for today is calculated as:
Ionic Digital's share price for today is $83.58.
Ionic Digital'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 $-1.073.
* 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 Ionic Digital'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.
Ionic Digital EV-to-EBITDA Chart
Ionic Digital Annual Data
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Ionic Digital Quarterly Data
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IOND vs CLSK, ETOR, PURR: EV-to-EBITDA Comparison
For the Capital Markets subindustry, Ionic Digital'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.
Ionic Digital EV-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ionic Digital's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ionic Digital's EV-to-EBITDA falls into.
Ionic Digital's current Enterprise Value is $3,169.4 Mil.
Ionic Digital'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 $54.7 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.
Ionic Digital (IOND) has a EV-to-EBITDA of 57.97 as of Sep. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ionic Digital. This is 67% above median its historical median of 34.70. According to the industry distribution chart, Ionic Digital ranks #999999 out of 542 companies in the Capital Markets industry.
Is Ionic Digital's EV-to-EBITDA too high?
Ionic Digital's current EV-to-EBITDA of 57.97 is 67% above median its 10-year median of 34.70. The Capital Markets industry median EV-to-EBITDA is 8.25. Ionic Digital's value of 57.97 is 603.1% above this industry median. Based on the distribution chart, Ionic Digital ranks #999999 out of 542 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Ionic Digital has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Digital's EV-to-EBITDA compare to CLSK and ETOR?
According to the Capital Markets industry distribution chart, Ionic Digital ranks #999999 out of 542 companies for EV-to-EBITDA. This places Ionic Digital in the lower half of its industry. The industry median EV-to-EBITDA is 8.25. Ionic Digital's value of 57.97 is 603.1% above this benchmark. While the company's 10-year median is 34.70 vs. the industry median of 8.25, Ionic Digital 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 Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 8.25, based on 542 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. Ionic Digital's current EV-to-EBITDA of 57.97 is 603.1% 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 Ionic Digital. For the Capital Markets industry, the median EV-to-EBITDA is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionic Digital's current EV-to-EBITDA is 57.97, which is 67% above median its own 10-year median of 34.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Digital stock overvalued right now?
Ionic Digital (IOND) has a current EV-to-EBITDA of 57.97. The current EV-to-EBITDA is 57.97, which is 67% above median its 10-year median of 34.70 and 603.1% above the Capital Markets industry median of 8.25. Ionic Digital's overall GF Score™ is 13/100 with 2 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 Ionic Digital (IOND), the current EV-to-EBITDA is 57.97 as of Sep. 18, 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.
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