MASS (908 Devices) EV-to-EBITDA: -9.37 (As of Jul. 20, 2026)

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MASS 908 Devices Inc MASS
72 GF Score
Price $7.03
GF Value $7.02
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is 908 Devices EV-to-EBITDA?

908 Devices MASS -4.03% 72 EV-to-EBITDA is -9.37 as of Jul. 20, 2026. GuruFocus rates MASS with a GF Score™ of 72/100 and a GF Value™ of $7.02 (Fairly Valued). The stock has 6 warning signs investors should review. Among 510 Medical Devices & Instruments companies, 908 Devices ranks worse than 196078.24% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 908 Devices's enterprise value is $181.15 Mil. 908 Devices's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-19.34 Mil. Therefore, 908 Devices's EV-to-EBITDA for today is -9.37.

The historical rank and industry rank for 908 Devices's EV-to-EBITDA or its related term are showing as below:

MASS' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1385.34   Med: -4.85   Max: -0.27
Current: -9.37

During the past 8 years, the highest EV-to-EBITDA of 908 Devices was -0.27. The lowest was -1385.34. And the median was -4.85.

MASS's EV-to-EBITDA is ranked worse than
100% of 510 companies
in the Medical Devices & Instruments industry
Industry Median: 14.155 vs MASS: -9.37

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 (2026-07-20), 908 Devices's stock price is $7.03. 908 Devices's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.000. Therefore, 908 Devices's PE Ratio (TTM) for today is At Loss.

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


908 Devices  (NAS:MASS) 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.

908 Devices's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.03/-1.000
=At Loss

908 Devices's share price for today is $7.03.
908 Devices'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 $-1.000.

* 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?


908 Devices EV-to-EBITDA Related Terms


908 Devices EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for 908 Devices'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.

908 Devices EV-to-EBITDA Chart

908 Devices Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -28.94 -2.32 -6.62 -0.49 -3.88

908 Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.51 -5.59 -8.21 -3.88 -6.29

MASS vs ELMD, CATX, SGHT: EV-to-EBITDA Comparison

For the Medical Devices subindustry, 908 Devices'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.


908 Devices EV-to-EBITDA vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, 908 Devices's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 908 Devices's EV-to-EBITDA falls into.


MASS
72GF Score
908 Devices Inc MASS
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

908 Devices EV-to-EBITDA Calculation

908 Devices's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=181.147/-19.341
=-9.37

908 Devices's current Enterprise Value is $181.15 Mil.
908 Devices'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 $-19.34 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 -9.37 mean?
908 Devices (MASS) has a EV-to-EBITDA of -9.37 as of Jul. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on 908 Devices. According to the industry distribution chart, 908 Devices ranks #999999 out of 510 companies in the Medical Devices & Instruments industry.
Is 908 Devices' EV-to-EBITDA too high?
908 Devices' current EV-to-EBITDA is -9.37. Based on the distribution chart, 908 Devices ranks #999999 out of 510 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, 908 Devices has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 908 Devices' EV-to-EBITDA compare to ELMD and CATX?
According to the Medical Devices & Instruments industry distribution chart, 908 Devices ranks #999999 out of 510 companies for EV-to-EBITDA. This places 908 Devices in the lower half of its industry. The industry median EV-to-EBITDA is 14.16. 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 Medical Devices & Instruments company?
The median EV-to-EBITDA among Medical Devices & Instruments companies is 14.16, based on 510 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. 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 908 Devices. For the Medical Devices & Instruments industry, the median EV-to-EBITDA is 14.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 908 Devices's current EV-to-EBITDA is -9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 908 Devices stock overvalued right now?
Based on GuruFocus' analysis, 908 Devices (MASS) is currently considered Fairly Valued. The stock's GF Value™ is $7.02, compared to a current price of $7.03 — trading 0.1% above its estimated fair value. The current EV-to-EBITDA is -9.37. 908 Devices' overall GF Score™ is 72/100 with 6 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 908 Devices (MASS), the current EV-to-EBITDA is -9.37 as of Jul. 20, 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 908 Devices (MASS) Overvalued in 2026?

Based on GuruFocus' analysis, 908 Devices stock appears to be overvalued. The current stock price of $7.03 is trading 0.1% above its estimated GF Value™ of $7.02. GuruFocus considers 908 Devices to be Fairly Valued.

Key valuation signals for MASS:

  • EV-to-EBITDA: -9.37
  • GF Value™: $7.02 vs. price of $7.03 (0.1% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


908 Devices Business Description

Address 44 3rd Avenue, Burlington, MA, USA, 01803
908 Devices Inc develops a suite of purpose-built handheld devices for point-of-need chemical analysis. Leveraging mass spectrometry, optical spectroscopy, analytics and machine learning technologies, the company makes devices that are smaller and more accessible than conventional laboratory instruments. Its devices, including MX908, ThreatID, XplorIR and VipIR, are used to analyze unknown materials and provide actionable answers in health, safety and defense technology applications, addressing the fentanyl and illicit drug crisis, toxic carcinogen exposure and security threats. The company reimagines mass spectrometry technology by developing smaller, lower-cost and simpler-to-operate devices compared to conventional instruments, and generates maximum revenue from the United States.
72GF Score

Get the complete analysis for MASS

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

$7.03
Price
$7.02
GF Value