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.
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.
Tennant CoTNC 83 EV-to-EBITDA is 15.27 as of Aug. 21, 2026, which is 23% above its 10-year median of 12.41. GuruFocus rates TNC with a GF Score™ of 83/100 and a GF Value™ of $88.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,472 Industrial Products companies, Tennant Co ranks better than 51.21% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tennant Co's enterprise value is $1,476 Mil.
Tennant Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $97 Mil. Therefore, Tennant Co's EV-to-EBITDA for today is 15.27.
The historical rank and industry rank for Tennant Co's EV-to-EBITDA or its related term are showing as below:
TNC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8 Med: 12.41 Max: 25.03
Current: 15.27
During the past 13 years, the highest EV-to-EBITDA of Tennant Co was 25.03. The lowest was 8.00. And the median was 12.41.
TNC's EV-to-EBITDA is ranked better than 51.21% of 2472
companies
in the Industrial Products industry
Industry Median: 15.895
vs TNC: 15.27
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.
Tennant Co's share price for today is $68.02.
Tennant Co'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 $1.020.
* 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 Tennant Co'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 Specialty Industrial Machinery subindustry, Tennant Co'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.
Tennant Co EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tennant Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tennant Co's EV-to-EBITDA falls into.
Tennant Co's current Enterprise Value is $1,476 Mil.
Tennant Co'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 $97 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.
Tennant Co (TNC) has a EV-to-EBITDA of 15.27 as of Aug. 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 Tennant Co. This is 23% above median its historical median of 12.41. Over the past decade, Tennant Co's EV-to-EBITDA has ranged from 8.00 to 25.03. According to the industry distribution chart, Tennant Co ranks #1206 out of 2472 companies in the Industrial Products industry, placing it in the top 48.8%.
Is Tennant Co's EV-to-EBITDA too high?
Tennant Co's current EV-to-EBITDA of 15.27 is 23% above median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 8.00 to a high of 25.03. The Industrial Products industry median EV-to-EBITDA is 15.90. Tennant Co's value of 15.27 is 3.9% below this industry median. Based on the distribution chart, Tennant Co ranks #1206 out of 2472 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tennant Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's EV-to-EBITDA compare to AMSC and BW?
According to the Industrial Products industry distribution chart, Tennant Co ranks #1206 out of 2472 companies for EV-to-EBITDA. This puts Tennant Co in the upper half of its industry. The industry median EV-to-EBITDA is 15.90. Tennant Co's value of 15.27 is 3.9% below this benchmark. Historically, Tennant Co's own EV-to-EBITDA has ranged from 8.00 to 25.03 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 15.90, Tennant Co has consistently been below 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 Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.90, based on 2,472 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. Tennant Co's current EV-to-EBITDA of 15.27 is 3.9% below 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 Tennant Co. For the Industrial Products industry, the median EV-to-EBITDA is 15.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tennant Co's current EV-to-EBITDA is 15.27, which is 23% above median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (TNC) is currently considered Modestly Undervalued. The stock's GF Value™ is $88.80, compared to a current price of $68.02 — trading 23.4% below its estimated fair value. The current EV-to-EBITDA is 15.27, which is 23% above median its 10-year median of 12.41 and 3.9% below the Industrial Products industry median of 15.90. Tennant Co's overall GF Score™ is 83/100 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 Tennant Co (TNC), the current EV-to-EBITDA is 15.27 as of Aug. 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 Tennant Co (TNC) Overvalued in 2026?
Based on GuruFocus' analysis, Tennant Co stock appears to be undervalued.
The current stock price of $68.02 is trading 23.4% below its estimated GF Value™ of $88.80.
GuruFocus considers Tennant Co to be Modestly Undervalued.
Key valuation signals for TNC:
EV-to-EBITDA: 15.27 (23% above median its 10-year median of 12.41)
GF Value™: $88.80 vs. price of $68.02 (23.4% below fair value)
Industry Position: 3.9% below the Industrial Products median (#1206 of 2472)
No single metric tells the full story. See the TNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
83GF Score
Get the complete analysis for TNC
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TNC has been successfully added to your 
