Lumentum HoldingsLITE +2.07%61 EV-to-EBITDA is 113.25 as of Jul. 11, 2026, which is 521% above its 10-year median of 18.25. GuruFocus rates LITE with a GF Score™ of 61/100 and a GF Value™ of $97.29 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,889 Hardware companies, Lumentum Holdings ranks worse than 91.11% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Lumentum Holdings's enterprise value is $62,538 Mil.
Lumentum Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $552 Mil. Therefore, Lumentum Holdings's EV-to-EBITDA for today is 113.25.
The historical rank and industry rank for Lumentum Holdings's EV-to-EBITDA or its related term are showing as below:
LITE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -320.61 Med: 18.25 Max: 552.62
Current: 113.25
During the past 13 years, the highest EV-to-EBITDA of Lumentum Holdings was 552.62. The lowest was -320.61. And the median was 18.25.
LITE's EV-to-EBITDA is ranked worse than 91.11% of 1889
companies
in the Hardware industry
Industry Median: 15.9
vs LITE: 113.25
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.
Lumentum Holdings's PE Ratio (TTM) for today is calculated as:
Lumentum Holdings's share price for today is $802.01.
Lumentum Holdings'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 $5.400.
* 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 Lumentum Holdings'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 Communication Equipment subindustry, Lumentum Holdings'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.
Lumentum Holdings EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Lumentum Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lumentum Holdings's EV-to-EBITDA falls into.
Lumentum Holdings's current Enterprise Value is $62,538 Mil.
Lumentum Holdings'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 $552 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.
Lumentum Holdings (LITE) has a EV-to-EBITDA of 113.25 as of Jul. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lumentum Holdings. This is 521% above median its historical median of 18.25. According to the industry distribution chart, Lumentum Holdings ranks #1721 out of 1889 companies in the Hardware industry, placing it in the top 91.1%.
Is Lumentum Holdings' EV-to-EBITDA too high?
Lumentum Holdings' current EV-to-EBITDA of 113.25 is 521% above median its 10-year median of 18.25. The Hardware industry median EV-to-EBITDA is 15.90. Lumentum Holdings' value of 113.25 is 612.3% above this industry median. Based on the distribution chart, Lumentum Holdings ranks #1721 out of 1889 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Lumentum Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumentum Holdings' EV-to-EBITDA compare to MSI and CIEN?
According to the Hardware industry distribution chart, Lumentum Holdings ranks #1721 out of 1889 companies for EV-to-EBITDA. This places Lumentum Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 15.90. Lumentum Holdings' value of 113.25 is 612.3% above this benchmark. While the company's 10-year median is 18.25 vs. the industry median of 15.90, Lumentum Holdings 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 15.90, based on 1,889 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. Lumentum Holdings's current EV-to-EBITDA of 113.25 is 612.3% 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 Lumentum Holdings. For the Hardware industry, the median EV-to-EBITDA is 15.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumentum Holdings's current EV-to-EBITDA is 113.25, which is 521% above median its own 10-year median of 18.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumentum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lumentum Holdings (LITE) is currently considered Significantly Overvalued. The stock's GF Value™ is $97.29, compared to a current price of $802.01 — trading 724.3% above its estimated fair value. The current EV-to-EBITDA is 113.25, which is 521% above median its 10-year median of 18.25 and 612.3% above the Hardware industry median of 15.90. Lumentum Holdings' overall GF Score™ is 61/100 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 Lumentum Holdings (LITE), the current EV-to-EBITDA is 113.25 as of Jul. 11, 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 Lumentum Holdings (LITE) Overvalued in 2026?
Based on GuruFocus' analysis, Lumentum Holdings stock appears to be overvalued.
The current stock price of $802.01 is trading 724.3% above its estimated GF Value™ of $97.29.
GuruFocus considers Lumentum Holdings to be Significantly Overvalued.
Key valuation signals for LITE:
EV-to-EBITDA: 113.25 (521% above median its 10-year median of 18.25)
GF Value™: $97.29 vs. price of $802.01 (724.3% above fair value)
Industry Position: 612.3% above the Hardware median (#1721 of 1889)
No single metric tells the full story. See the LITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
61GF Score
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