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Summit MidstreamSMC -0.29%60 EV-to-EBITDA is 9.91 as of Aug. 12, 2026, which is 8% above its 10-year median of 9.20. GuruFocus rates SMC with a GF Score™ of 60/100 and a GF Value™ of $28.76 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 770 Oil & Gas companies, Summit Midstream ranks worse than 65.06% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Summit Midstream's enterprise value is $2,079.7 Mil.
Summit Midstream's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $209.9 Mil. Therefore, Summit Midstream's EV-to-EBITDA for today is 9.91.
The historical rank and industry rank for Summit Midstream's EV-to-EBITDA or its related term are showing as below:
SMC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -42.04 Med: 9.2 Max: 21.66
Current: 9.91
During the past 13 years, the highest EV-to-EBITDA of Summit Midstream was 21.66. The lowest was -42.04. And the median was 9.20.
SMC's EV-to-EBITDA is ranked worse than 65.06% of 770
companies
in the Oil & Gas industry
Industry Median: 7.49
vs SMC: 9.91
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.
Summit Midstream's PE Ratio (TTM) for today is calculated as:
Summit Midstream's share price for today is $34.58.
Summit Midstream'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 $-1.110.
* 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 Summit Midstream'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 Oil & Gas Midstream subindustry, Summit Midstream'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.
Summit Midstream EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Summit Midstream's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Summit Midstream's EV-to-EBITDA falls into.
Summit Midstream's current Enterprise Value is $2,079.7 Mil.
Summit Midstream'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 $209.9 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.
Summit Midstream (SMC) has a EV-to-EBITDA of 9.91 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 Summit Midstream. This is near median its historical median of 9.20. According to the industry distribution chart, Summit Midstream ranks #501 out of 770 companies in the Oil & Gas industry, placing it in the top 65.1%.
Is Summit Midstream's EV-to-EBITDA too high?
Summit Midstream's current EV-to-EBITDA of 9.91 is near median its 10-year median of 9.20. The Oil & Gas industry median EV-to-EBITDA is 7.49. Summit Midstream's value of 9.91 is 32.3% above this industry median. Based on the distribution chart, Summit Midstream ranks #501 out of 770 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Summit Midstream has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Summit Midstream's EV-to-EBITDA compare to KNOP and WHK?
According to the Oil & Gas industry distribution chart, Summit Midstream ranks #501 out of 770 companies for EV-to-EBITDA. This places Summit Midstream in the lower half of its industry. The industry median EV-to-EBITDA is 7.49. Summit Midstream's value of 9.91 is 32.3% above this benchmark. While the company's 10-year median is 9.20 vs. the industry median of 7.49, Summit Midstream 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 an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.49, based on 770 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. Summit Midstream's current EV-to-EBITDA of 9.91 is 32.3% 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 Summit Midstream. For the Oil & Gas industry, the median EV-to-EBITDA is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Midstream's current EV-to-EBITDA is 9.91, which is near median its own 10-year median of 9.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Midstream stock overvalued right now?
Based on GuruFocus' analysis, Summit Midstream (SMC) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.76, compared to a current price of $34.58 — trading 20.2% above its estimated fair value. The current EV-to-EBITDA is 9.91, which is near median its 10-year median of 9.20 and 32.3% above the Oil & Gas industry median of 7.49. Summit Midstream's overall GF Score™ is 60/100 with 11 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 Summit Midstream (SMC), the current EV-to-EBITDA is 9.91 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 Summit Midstream (SMC) Overvalued in 2026?
Based on GuruFocus' analysis, Summit Midstream stock appears to be overvalued.
The current stock price of $34.58 is trading 20.2% above its estimated GF Value™ of $28.76.
GuruFocus considers Summit Midstream to be Modestly Overvalued.
Key valuation signals for SMC:
EV-to-EBITDA: 9.91 (near median its 10-year median of 9.20)
GF Value™: $28.76 vs. price of $34.58 (20.2% above fair value)
Industry Position: 32.3% above the Oil & Gas median (#501 of 770)
No single metric tells the full story. See the SMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in various unconventional resource basins including the Williston Basin, DJ Basin, Barnett Shale, Piceance Basin, Permian Basin, and the Arkoma Basin. The company's reportable segments are: Rockies, Permian, Mid-Con, Piceance, and Northeast. Maximum revenue is generated from the Mid-Con segment. Summit generates revenue mainly from natural gas, NGLs, and condensate sales, and the provision of gathering and related services.
60GF 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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