TSNDF (TerrAscend) EV-to-EBITDA: 6.32 (As of Jul. 17, 2026)

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TSNDF TerrAscend Corp TSNDF
35 GF Score
Price $0.54
GF Value $0.99
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is TerrAscend EV-to-EBITDA?

TerrAscend TSNDF -6.34% 35 EV-to-EBITDA is 6.32 as of Jul. 17, 2026. GuruFocus rates TSNDF with a GF Score™ of 35/100 and a GF Value™ of $0.99 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 739 Drug Manufacturers companies, TerrAscend ranks better than 79.57% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TerrAscend's enterprise value is $382.6 Mil. TerrAscend's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $60.6 Mil. Therefore, TerrAscend's EV-to-EBITDA for today is 6.32.

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

TSNDF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -60.71   Med: -2.41   Max: 19.95
Current: 6.32

During the past 10 years, the highest EV-to-EBITDA of TerrAscend was 19.95. The lowest was -60.71. And the median was -2.41.

TSNDF's EV-to-EBITDA is ranked better than
79.57% of 739 companies
in the Drug Manufacturers industry
Industry Median: 13.13 vs TSNDF: 6.32

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 (2026-07-17), TerrAscend's stock price is $0.5432. TerrAscend's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.270. Therefore, TerrAscend'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).


TerrAscend  (OTCPK:TSNDF) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.5432/-0.270
=At Loss

TerrAscend's share price for today is $0.5432.
TerrAscend'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 $-0.270.

* 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?


TerrAscend EV-to-EBITDA Related Terms


TerrAscend EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TerrAscend'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.

TerrAscend EV-to-EBITDA Chart

TerrAscend 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 19.98 -2.15 16.00 7.17 7.55

TerrAscend Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.28 4.85 7.28 7.55 6.88

TSNDF vs ZTS, UTHR: EV-to-EBITDA Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, TerrAscend'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.


TerrAscend EV-to-EBITDA vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TerrAscend's EV-to-EBITDA distribution charts can be found below:

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


TSNDF
35GF Score
TerrAscend Corp TSNDF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TerrAscend EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=382.608/60.558
=6.32

TerrAscend's current Enterprise Value is $382.6 Mil.
TerrAscend'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 $60.6 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 6.32 mean?
TerrAscend (TSNDF) has a EV-to-EBITDA of 6.32 as of Jul. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on TerrAscend. According to the industry distribution chart, TerrAscend ranks #151 out of 739 companies in the Drug Manufacturers industry, placing it in the top 20.4%.
Is TerrAscend's EV-to-EBITDA too high?
TerrAscend's current EV-to-EBITDA is 6.32. The Drug Manufacturers industry median EV-to-EBITDA is 13.13. TerrAscend's value of 6.32 is 51.9% below this industry median. Based on the distribution chart, TerrAscend ranks #151 out of 739 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, TerrAscend has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TerrAscend's EV-to-EBITDA compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, TerrAscend ranks #151 out of 739 companies for EV-to-EBITDA. This places TerrAscend in the top 20% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 13.13. TerrAscend's value of 6.32 is 51.9% below this benchmark. 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 Drug Manufacturers company?
The median EV-to-EBITDA among Drug Manufacturers companies is 13.13, based on 739 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. TerrAscend's current EV-to-EBITDA of 6.32 is 51.9% 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 TerrAscend. For the Drug Manufacturers industry, the median EV-to-EBITDA is 13.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TerrAscend's current EV-to-EBITDA is 6.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TerrAscend stock overvalued right now?
Based on GuruFocus' analysis, TerrAscend (TSNDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.99, compared to a current price of $0.54 — trading 45.1% below its estimated fair value. The current EV-to-EBITDA is 6.32 and 51.9% below the Drug Manufacturers industry median of 13.13. TerrAscend's overall GF Score™ is 35/100 with 5 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 TerrAscend (TSNDF), the current EV-to-EBITDA is 6.32 as of Jul. 17, 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 TerrAscend (TSNDF) Overvalued in 2026?

Based on GuruFocus' analysis, TerrAscend stock appears to be undervalued. The current stock price of $0.54 is trading 45.1% below its estimated GF Value™ of $0.99. GuruFocus considers TerrAscend to be Possible Value Trap.

Key valuation signals for TSNDF:

  • EV-to-EBITDA: 6.32
  • GF Value™: $0.99 vs. price of $0.54 (45.1% below fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 51.9% below the Drug Manufacturers median (#151 of 739)

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


TerrAscend Business Description

Other Exchanges TED:GermanyTSND:Canada
Address 77 City Centre Drive, Suite 501, East Tower, Mississauga, ON, CAN, L5B 1M5
TerrAscend Corp is a company focused on creating and delivering cannabis products and services that meet the evolving needs of its patients. It also provides education and support programs to physicians and patients through healthcare professionals. In addition, the firm operates in California, Maryland, New Jersey, and Pennsylvania, with retail operations in Ohio and Canada. It operates The Apothecarium and other dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. The firm has one operating segment, being the cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States. The company generates key revenue from the United States.
35GF Score

Get the complete analysis for TSNDF

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

$0.54
Price
$0.99
GF Value