TNDM (Tandem Diabetes Care) EV-to-EBITDA: -52.19 (As of Aug. 20, 2026)

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.

TNDM Tandem Diabetes Care Inc TNDM
71 GF Score
Price $23.44
GF Value $24.01
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Tandem Diabetes Care EV-to-EBITDA?

Tandem Diabetes Care TNDM -1.22% 71 EV-to-EBITDA is -52.19 as of Aug. 20, 2026. GuruFocus rates TNDM with a GF Score™ of 71/100 and a GF Value™ of $24.01 (Fairly Valued). The stock has 8 warning signs investors should review. Among 515 Medical Devices & Instruments companies, Tandem Diabetes Care ranks worse than 194174.56% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tandem Diabetes Care's enterprise value is $1,914 Mil. Tandem Diabetes Care's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-37 Mil. Therefore, Tandem Diabetes Care's EV-to-EBITDA for today is -52.19.

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

TNDM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -4498.52   Med: -11.56   Max: 669.55
Current: -52.19

During the past 13 years, the highest EV-to-EBITDA of Tandem Diabetes Care was 669.55. The lowest was -4498.52. And the median was -11.56.

TNDM's EV-to-EBITDA is ranked worse than
100% of 515 companies
in the Medical Devices & Instruments industry
Industry Median: 15.16 vs TNDM: -52.19

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 (2026-08-20), Tandem Diabetes Care's stock price is $23.44. Tandem Diabetes Care's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.930. Therefore, Tandem Diabetes Care'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).


Tandem Diabetes Care  (NAS:TNDM) 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.

Tandem Diabetes Care's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=23.44/-0.930
=At Loss

Tandem Diabetes Care's share price for today is $23.44.
Tandem Diabetes Care'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 $-0.930.

* 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?


Tandem Diabetes Care EV-to-EBITDA Related Terms


Tandem Diabetes Care EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tandem Diabetes Care'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.

Tandem Diabetes Care EV-to-EBITDA Chart

Tandem Diabetes Care Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 273.03 -36.42 -9.60 -34.72 -9.36

Tandem Diabetes Care 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 -7.75 -5.25 -9.36 -20.03 -36.33

TNDM vs AVNS, IRMD, AORT: EV-to-EBITDA Comparison

For the Medical Devices subindustry, Tandem Diabetes Care'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.


Tandem Diabetes Care EV-to-EBITDA vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Tandem Diabetes Care's EV-to-EBITDA falls into.


TNDM
71GF Score
Tandem Diabetes Care Inc TNDM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tandem Diabetes Care EV-to-EBITDA Calculation

Tandem Diabetes Care's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1914.182/-36.676
=-52.19

Tandem Diabetes Care's current Enterprise Value is $1,914 Mil.
Tandem Diabetes Care'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 $-37 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 -52.19 mean?
Tandem Diabetes Care (TNDM) has a EV-to-EBITDA of -52.19 as of Aug. 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 Tandem Diabetes Care. According to the industry distribution chart, Tandem Diabetes Care ranks #999999 out of 515 companies in the Medical Devices & Instruments industry.
Is Tandem Diabetes Care's EV-to-EBITDA too high?
Tandem Diabetes Care's current EV-to-EBITDA is -52.19. Based on the distribution chart, Tandem Diabetes Care ranks #999999 out of 515 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Tandem Diabetes Care has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tandem Diabetes Care's EV-to-EBITDA compare to AVNS and IRMD?
According to the Medical Devices & Instruments industry distribution chart, Tandem Diabetes Care ranks #999999 out of 515 companies for EV-to-EBITDA. This places Tandem Diabetes Care in the lower half of its industry. The industry median EV-to-EBITDA is 15.16. 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 15.16, based on 515 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 Tandem Diabetes Care. For the Medical Devices & Instruments industry, the median EV-to-EBITDA is 15.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandem Diabetes Care's current EV-to-EBITDA is -52.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandem Diabetes Care stock overvalued right now?
Based on GuruFocus' analysis, Tandem Diabetes Care (TNDM) is currently considered Fairly Valued. The stock's GF Value™ is $24.01, compared to a current price of $23.44 — trading 2.4% below its estimated fair value. The current EV-to-EBITDA is -52.19. Tandem Diabetes Care's overall GF Score™ is 71/100 with 8 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 Tandem Diabetes Care (TNDM), the current EV-to-EBITDA is -52.19 as of Aug. 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 Tandem Diabetes Care (TNDM) Overvalued in 2026?

Based on GuruFocus' analysis, Tandem Diabetes Care stock appears to be undervalued. The current stock price of $23.44 is trading 2.4% below its estimated GF Value™ of $24.01. GuruFocus considers Tandem Diabetes Care to be Fairly Valued.

Key valuation signals for TNDM:

  • EV-to-EBITDA: -52.19
  • GF Value™: $24.01 vs. price of $23.44 (2.4% below fair value)
  • GF Score™: 71/100 with 8 warning signs

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


Tandem Diabetes Care Business Description

Address 12400 High Bluff Drive, San Diego, CA, USA, 92130
Tandem Diabetes designs, manufactures, and markets durable insulin pumps for individuals with diabetes. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. The firm recently launched its smaller Mobi pump and continues to work on Tobi (a tubeless version of Mobi), and the Sigi tubeless patch pump. Nearly three-quarters of total revenue is derived from the US, with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one-third is from disposable infusion sets that need to be changed over every 2 to 3 days.
71GF Score

Get the complete analysis for TNDM

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

$23.44
Price
$24.01
GF Value