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MSCIMSCI -10.14%95 EV-to-EBITDA is 23.49 as of Jul. 21, 2026, which is 13% below its 10-year median of 27.05. GuruFocus rates MSCI with a GF Score™ of 95/100 and a GF Value™ of $723.53 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 516 Capital Markets companies, MSCI ranks worse than 77.91% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, MSCI's enterprise value is $47,061 Mil.
MSCI's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,004 Mil. Therefore, MSCI's EV-to-EBITDA for today is 23.49.
The historical rank and industry rank for MSCI's EV-to-EBITDA or its related term are showing as below:
MSCI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 15.66 Med: 27.05 Max: 53.69
Current: 23.49
During the past 13 years, the highest EV-to-EBITDA of MSCI was 53.69. The lowest was 15.66. And the median was 27.05.
MSCI's EV-to-EBITDA is ranked worse than 77.91% of 516
companies
in the Capital Markets industry
Industry Median: 9.725
vs MSCI: 23.49
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 (2026-07-21), MSCI's stock price is $561.74.
MSCI's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $17.510. Therefore, MSCI's PE Ratio (TTM) for today is 32.08.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
MSCI (NYSE:MSCI) 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.
MSCI's share price for today is $561.74.
MSCI'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 $17.510.
* 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 MSCI'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 Financial Data & Stock Exchanges subindustry, MSCI'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.
MSCI EV-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, MSCI's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MSCI's EV-to-EBITDA falls into.
MSCI's current Enterprise Value is $47,061 Mil.
MSCI'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 $2,004 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.
MSCI (MSCI) has a EV-to-EBITDA of 23.49 as of Jul. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on MSCI. This is 13% below median its historical median of 27.05. Over the past decade, MSCI's EV-to-EBITDA has ranged from 15.66 to 53.69. According to the industry distribution chart, MSCI ranks #402 out of 516 companies in the Capital Markets industry, placing it in the top 77.9%.
Is MSCI's EV-to-EBITDA too high?
MSCI's current EV-to-EBITDA of 23.49 is 13% below median its 10-year median of 27.05. Over the past 10 years, this metric has ranged from a low of 15.66 to a high of 53.69. The Capital Markets industry median EV-to-EBITDA is 9.73. MSCI's value of 23.49 is 141.5% above this industry median. Based on the distribution chart, MSCI ranks #402 out of 516 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, MSCI has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MSCI's EV-to-EBITDA compare to COIN and NDAQ?
According to the Capital Markets industry distribution chart, MSCI ranks #402 out of 516 companies for EV-to-EBITDA. This places MSCI in the lower half of its industry. The industry median EV-to-EBITDA is 9.73. MSCI's value of 23.49 is 141.5% above this benchmark. Historically, MSCI's own EV-to-EBITDA has ranged from 15.66 to 53.69 over the past decade. While the company's 10-year median is 27.05 vs. the industry median of 9.73, MSCI 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 Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 9.73, based on 516 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. MSCI's current EV-to-EBITDA of 23.49 is 141.5% 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 MSCI. For the Capital Markets industry, the median EV-to-EBITDA is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSCI's current EV-to-EBITDA is 23.49, which is 13% below median its own 10-year median of 27.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSCI stock overvalued right now?
Based on GuruFocus' analysis, MSCI (MSCI) is currently considered Modestly Undervalued. The stock's GF Value™ is $723.53, compared to a current price of $561.74 — trading 22.4% below its estimated fair value. The current EV-to-EBITDA is 23.49, which is 13% below median its 10-year median of 27.05 and 141.5% above the Capital Markets industry median of 9.73. MSCI's overall GF Score™ is 95/100 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 MSCI (MSCI), the current EV-to-EBITDA is 23.49 as of Jul. 21, 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 MSCI (MSCI) Overvalued in 2026?
Based on GuruFocus' analysis, MSCI stock appears to be undervalued.
The current stock price of $561.74 is trading 22.4% below its estimated GF Value™ of $723.53.
GuruFocus considers MSCI to be Modestly Undervalued.
Key valuation signals for MSCI:
EV-to-EBITDA: 23.49 (13% below median its 10-year median of 27.05)
GF Value™: $723.53 vs. price of $561.74 (22.4% below fair value)
Industry Position: 141.5% above the Capital Markets median (#402 of 516)
No single metric tells the full story. See the MSCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MSCI has described its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners. MSCI boasts over $18 trillion (as of December 2025) in benchmarked assets, including over $2.3 trillion in ETF assets linked to MSCI indexes. The MSCI analytics segment provides portfolio management and risk management analytics software to asset managers and asset owners. In its sustainability and climate segment, MSCI provides ESG data to the investment industry. In private assets, MSCI provides real restate reporting, market data, benchmarking, and analytics to investors and real estate managers.
95GF Score
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