KEYS (Keysight Technologies) EV-to-EBITDA: 28.45 (As of Sep. 01, 2026) — 42% Above Median

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KEYS Keysight Technologies Inc KEYS
84 GF Score
Price $319.27
GF Value $218.02
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Keysight Technologies EV-to-EBITDA?

Keysight Technologies KEYS -1.06% 84 EV-to-EBITDA is 28.45 as of Sep. 01, 2026, which is 42% above its 10-year median of 20.09. GuruFocus rates KEYS with a GF Score™ of 84/100 and a GF Value™ of $218.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,910 Hardware companies, Keysight Technologies ranks worse than 70.52% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Keysight Technologies's enterprise value is $54,513 Mil. Keysight Technologies's EBITDA for the trailing twelve months (TTM) ended in Jul. 2026 was $1,916 Mil. Therefore, Keysight Technologies's EV-to-EBITDA for today is 28.45.

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

KEYS' s EV-to-EBITDA Range Over the Past 10 Years
Min: -802.85   Med: 20.09   Max: 149.93
Current: 28.45

During the past 13 years, the highest EV-to-EBITDA of Keysight Technologies was 149.93. The lowest was -802.85. And the median was 20.09.

KEYS's EV-to-EBITDA is ranked worse than
70.52% of 1910 companies
in the Hardware industry
Industry Median: 13.97 vs KEYS: 28.45

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 (2026-09-01), Keysight Technologies's stock price is $319.27. Keysight Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 was $7.280. Therefore, Keysight Technologies's PE Ratio (TTM) for today is 43.86.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Keysight Technologies  (NYSE:KEYS) 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.

Keysight Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=319.27/7.280
=43.86

Keysight Technologies's share price for today is $319.27.
Keysight Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.280.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Keysight Technologies EV-to-EBITDA Related Terms


Keysight Technologies EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Keysight Technologies'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.

Keysight Technologies EV-to-EBITDA Chart

Keysight Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.67 19.57 12.67 21.29 22.17

Keysight Technologies Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 20.69 22.17 25.10 36.57 28.43

KEYS vs COHR, GRMN, TDY: EV-to-EBITDA Comparison

For the Scientific & Technical Instruments subindustry, Keysight Technologies'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.


Keysight Technologies EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Keysight Technologies's EV-to-EBITDA distribution charts can be found below:

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


KEYS
84GF Score
Keysight Technologies Inc KEYS
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keysight Technologies EV-to-EBITDA Calculation

Keysight Technologies's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=54512.683/1916
=28.45

Keysight Technologies's current Enterprise Value is $54,513 Mil.
Keysight Technologies's EBITDA for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,916 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 28.45 mean?
Keysight Technologies (KEYS) has a EV-to-EBITDA of 28.45 as of Sep. 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 Keysight Technologies. This is 42% above median its historical median of 20.09. According to the industry distribution chart, Keysight Technologies ranks #1347 out of 1910 companies in the Hardware industry, placing it in the top 70.5%.
Is Keysight Technologies' EV-to-EBITDA too high?
Keysight Technologies' current EV-to-EBITDA of 28.45 is 42% above median its 10-year median of 20.09. The Hardware industry median EV-to-EBITDA is 13.97. Keysight Technologies' value of 28.45 is 103.7% above this industry median. Based on the distribution chart, Keysight Technologies ranks #1347 out of 1910 companies in the Hardware industry, which is below the industry midpoint. Overall, Keysight Technologies has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keysight Technologies' EV-to-EBITDA compare to COHR and GRMN?
According to the Hardware industry distribution chart, Keysight Technologies ranks #1347 out of 1910 companies for EV-to-EBITDA. This places Keysight Technologies in the lower half of its industry. The industry median EV-to-EBITDA is 13.97. Keysight Technologies' value of 28.45 is 103.7% above this benchmark. While the company's 10-year median is 20.09 vs. the industry median of 13.97, Keysight Technologies 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 13.97, based on 1,910 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. Keysight Technologies's current EV-to-EBITDA of 28.45 is 103.7% 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 Keysight Technologies. For the Hardware industry, the median EV-to-EBITDA is 13.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keysight Technologies's current EV-to-EBITDA is 28.45, which is 42% above median its own 10-year median of 20.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keysight Technologies stock overvalued right now?
Based on GuruFocus' analysis, Keysight Technologies (KEYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $218.02, compared to a current price of $319.27 — trading 46.4% above its estimated fair value. The current EV-to-EBITDA is 28.45, which is 42% above median its 10-year median of 20.09 and 103.7% above the Hardware industry median of 13.97. Keysight Technologies' overall GF Score™ is 84/100 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 Keysight Technologies (KEYS), the current EV-to-EBITDA is 28.45 as of Sep. 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 Keysight Technologies (KEYS) Overvalued in 2026?

Based on GuruFocus' analysis, Keysight Technologies stock appears to be overvalued. The current stock price of $319.27 is trading 46.4% above its estimated GF Value™ of $218.02. GuruFocus considers Keysight Technologies to be Significantly Overvalued.

Key valuation signals for KEYS:

  • EV-to-EBITDA: 28.45 (42% above median its 10-year median of 20.09)
  • GF Value™: $218.02 vs. price of $319.27 (46.4% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 103.7% above the Hardware median (#1347 of 1910)

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


Keysight Technologies Business Description

Address 1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
84GF Score

Get the complete analysis for KEYS

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

$319.27
Price
$218.02
GF Value