Lam Research (MEX:LRCX) EV-to-EBITDA: 41.87 (As of Aug. 12, 2026) — 191% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:LRCX Lam Research Corp MEX:LRCX
79 GF Score
Price MXN5,330.00
GF Value MXN2,511.39
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Lam Research EV-to-EBITDA?

Lam Research MEX:LRCX +0.76% 79 EV-to-EBITDA is 41.87 as of Aug. 12, 2026, which is 191% above its 10-year median of 14.39. GuruFocus rates MEX:LRCX with a GF Score™ of 79/100 and a GF Value™ of MXN2,511.39 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 758 Semiconductors companies, Lam Research ranks worse than 65.96% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Lam Research's enterprise value is MXN6,647,122 Mil. Lam Research's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was MXN158,775 Mil. Therefore, Lam Research's EV-to-EBITDA for today is 41.87.

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

MEX:LRCX' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.68   Med: 14.39   Max: 60.47
Current: 43.77

During the past 13 years, the highest EV-to-EBITDA of Lam Research was 60.47. The lowest was 5.68. And the median was 14.39.

MEX:LRCX's EV-to-EBITDA is ranked worse than
65.96% of 758 companies
in the Semiconductors industry
Industry Median: 26.005 vs MEX:LRCX: 43.77

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 (2026-08-12), Lam Research's stock price is MXN5330.00. Lam Research's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was MXN102.906. Therefore, Lam Research's PE Ratio (TTM) for today is 51.79.

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


Lam Research  (MEX:LRCX) 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.

Lam Research's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5330.00/102.906
=51.79

Lam Research's share price for today is MXN5330.00.
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 MXN102.906.

* 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?


Lam Research EV-to-EBITDA Related Terms


Lam Research EV-to-EBITDA Historical Data

* Premium members only.

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.

Lam Research EV-to-EBITDA Chart

Lam Research Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.46 15.14 28.13 18.64 60.98

Lam Research Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.64 23.46 28.02 32.97 60.98

MEX:LRCX vs AMAT, KLAC, TER: EV-to-EBITDA Comparison

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.


MEX:LRCX
79GF Score
Lam Research Corp MEX:LRCX
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lam Research EV-to-EBITDA Calculation

Lam Research's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6647122.115/158775.058
=41.87

Lam Research's current Enterprise Value is MXN6,647,122 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 MXN158,775 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 41.87 mean?
Lam Research (MEX:LRCX) has a EV-to-EBITDA of 41.87 as of Aug. 12, 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 191% above median its historical median of 14.39. Over the past decade, Lam Research's EV-to-EBITDA has ranged from 5.68 to 60.47. According to the industry distribution chart, Lam Research ranks #500 out of 758 companies in the Semiconductors industry, placing it in the top 66%.
Is Lam Research's EV-to-EBITDA too high?
Lam Research's current EV-to-EBITDA of 41.87 is 191% above median its 10-year median of 14.39. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 60.47. The Semiconductors industry median EV-to-EBITDA is 26.01. Lam Research's value of 41.87 is 61% above this industry median. Based on the distribution chart, Lam Research ranks #500 out of 758 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Lam Research has a GF Score™ of 79/100 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 #500 out of 758 companies for EV-to-EBITDA. This places Lam Research in the lower half of its industry. The industry median EV-to-EBITDA is 26.01. Lam Research's value of 41.87 is 61% above this benchmark. Historically, Lam Research's own EV-to-EBITDA has ranged from 5.68 to 60.47 over the past decade. While the company's 10-year median is 14.39 vs. the industry median of 26.01, 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 26.01, based on 758 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 41.87 is 61% 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 26.01 — 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 41.87, which is 191% above median its own 10-year median of 14.39. 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 (MEX:LRCX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,511.39, compared to a current price of MXN5,330.00 — trading 112.2% above its estimated fair value. The current EV-to-EBITDA is 41.87, which is 191% above median its 10-year median of 14.39 and 61% above the Semiconductors industry median of 26.01. Lam Research's overall GF Score™ is 79/100 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 (MEX:LRCX), the current EV-to-EBITDA is 41.87 as of Aug. 12, 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 (MEX:LRCX) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Research stock appears to be overvalued. The current stock price of MXN5,330.00 is trading 112.2% above its estimated GF Value™ of MXN2,511.39. GuruFocus considers Lam Research to be Significantly Overvalued.

Key valuation signals for MEX:LRCX:

  • EV-to-EBITDA: 41.87 (191% above median its 10-year median of 14.39)
  • GF Value™: MXN2,511.39 vs. price of MXN5,330.00 (112.2% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 61% above the Semiconductors median (#500 of 758)

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


Lam Research Business Description

Address 4650 Cushing Parkway, Fremont, CA, USA, 94538
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.
79GF Score

Get the complete analysis for MEX:LRCX

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

MXN5,330.00
Price
MXN2,511.39
GF Value