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Lam ResearchLRCX -0.54%85 EV-to-EBITDA is 43.36 as of Aug. 07, 2026, which is 203% above its 10-year median of 14.32. GuruFocus rates LRCX with a GF Score™ of 85/100 and a GF Value™ of $144.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 754 Semiconductors companies, Lam Research ranks worse than 68.04% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Lam Research's enterprise value is $380,759 Mil.
Lam Research's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $8,781 Mil. Therefore, Lam Research's EV-to-EBITDA for today is 43.36.
The historical rank and industry rank for Lam Research's EV-to-EBITDA or its related term are showing as below:
LRCX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.68 Med: 14.32 Max: 60.5
Current: 43.36
During the past 13 years, the highest EV-to-EBITDA of Lam Research was 60.50. The lowest was 5.68. And the median was 14.32.
LRCX's EV-to-EBITDA is ranked worse than 68.04% of 754
companies
in the Semiconductors industry
Industry Median: 24.86
vs LRCX: 43.36
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.
Lam Research's PE Ratio (TTM) for today is calculated as:
Lam Research's share price for today is $305.77.
Lam Research'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 $5.760.
* 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 Lam Research'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 Semiconductor Equipment & Materials subindustry, Lam Research'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.
Lam Research EV-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lam Research's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lam Research's EV-to-EBITDA falls into.
Lam Research's current Enterprise Value is $380,759 Mil.
Lam Research'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 $8,781 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.
Lam Research (LRCX) has a EV-to-EBITDA of 43.36 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lam Research. This is 203% above median its historical median of 14.32. Over the past decade, Lam Research's EV-to-EBITDA has ranged from 5.68 to 60.50. According to the industry distribution chart, Lam Research ranks #513 out of 754 companies in the Semiconductors industry, placing it in the top 68%.
Is Lam Research's EV-to-EBITDA too high?
Lam Research's current EV-to-EBITDA of 43.36 is 203% above median its 10-year median of 14.32. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 60.50. The Semiconductors industry median EV-to-EBITDA is 24.86. Lam Research's value of 43.36 is 74.4% above this industry median. Based on the distribution chart, Lam Research ranks #513 out of 754 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Lam Research has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lam Research's EV-to-EBITDA compare to AMAT and KLAC?
According to the Semiconductors industry distribution chart, Lam Research ranks #513 out of 754 companies for EV-to-EBITDA. This places Lam Research in the lower half of its industry. The industry median EV-to-EBITDA is 24.86. Lam Research's value of 43.36 is 74.4% above this benchmark. Historically, Lam Research's own EV-to-EBITDA has ranged from 5.68 to 60.50 over the past decade. While the company's 10-year median is 14.32 vs. the industry median of 24.86, Lam Research 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 Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 24.86, based on 754 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. Lam Research's current EV-to-EBITDA of 43.36 is 74.4% 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 Lam Research. For the Semiconductors industry, the median EV-to-EBITDA is 24.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lam Research's current EV-to-EBITDA is 43.36, which is 203% above median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Research stock overvalued right now?
Based on GuruFocus' analysis, Lam Research (LRCX) is currently considered Significantly Overvalued. The stock's GF Value™ is $144.11, compared to a current price of $305.77 — trading 112.2% above its estimated fair value. The current EV-to-EBITDA is 43.36, which is 203% above median its 10-year median of 14.32 and 74.4% above the Semiconductors industry median of 24.86. Lam Research's overall GF Score™ is 85/100 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 Lam Research (LRCX), the current EV-to-EBITDA is 43.36 as of Aug. 07, 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 Lam Research (LRCX) Overvalued in 2026?
Based on GuruFocus' analysis, Lam Research stock appears to be overvalued.
The current stock price of $305.77 is trading 112.2% above its estimated GF Value™ of $144.11.
GuruFocus considers Lam Research to be Significantly Overvalued.
Key valuation signals for LRCX:
EV-to-EBITDA: 43.36 (203% above median its 10-year median of 14.32)
GF Value™: $144.11 vs. price of $305.77 (112.2% above fair value)
Industry Position: 74.4% above the Semiconductors median (#513 of 754)
No single metric tells the full story. See the LRCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
85GF 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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