Space Exploration Technologies (TSX:SPCX) EV-to-EBITDA: 1,076.25 (As of Sep. 18, 2026) — 295% Above Median

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TSX:SPCX Space Exploration Technologies Corp TSX:SPCX
17 GF Score
Price C$25.80
! 1 Warning Sign
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What is Space Exploration Technologies EV-to-EBITDA?

Space Exploration Technologies TSX:SPCX +2.54% 17 EV-to-EBITDA is 1,076.25 as of Sep. 18, 2026, which is 295% above its 10-year median of 272.65. GuruFocus rates TSX:SPCX with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 275 Aerospace & Defense companies, Space Exploration Technologies ranks worse than 99.27% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Space Exploration Technologies's enterprise value is C$2,750,515 Mil. Space Exploration Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was C$2,556 Mil. Therefore, Space Exploration Technologies's EV-to-EBITDA for today is 1,076.25.

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

TSX:SPCX' s EV-to-EBITDA Range Over the Past 10 Years
Min: 200.9   Med: 272.65   Max: 1543.96
Current: 1104.16

During the past 3 years, the highest EV-to-EBITDA of Space Exploration Technologies was 1543.96. The lowest was 200.90. And the median was 272.65.

TSX:SPCX's EV-to-EBITDA is ranked worse than
99.27% of 275 companies
in the Aerospace & Defense industry
Industry Median: 20.53 vs TSX:SPCX: 1104.16

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 (2026-09-18), Space Exploration Technologies's stock price is C$25.80. Space Exploration Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was C$-0.576. Therefore, Space Exploration Technologies'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).


Space Exploration Technologies  (TSX:SPCX) 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.

Space Exploration Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=25.80/-0.576
=At Loss

Space Exploration Technologies's share price for today is C$25.80.
Space Exploration Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.576.

* 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?


Space Exploration Technologies EV-to-EBITDA Related Terms


Space Exploration Technologies EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Space Exploration Technologies'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.

Space Exploration Technologies EV-to-EBITDA Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 0.00 0.00

Space Exploration Technologies Quarterly Data
Mar25 Jun25 Mar26 Jun26
EV-to-EBITDA 0.00 0.00 0.00 0.00

TSX:SPCX vs GE, RTX, BA: EV-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Space Exploration Technologies'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.


Space Exploration Technologies EV-to-EBITDA vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's EV-to-EBITDA distribution charts can be found below:

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


TSX:SPCX
17GF Score
Space Exploration Technologies Corp TSX:SPCX
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Exploration Technologies EV-to-EBITDA Calculation

Space Exploration Technologies's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2750514.646/2555.653
=1,076.25

Space Exploration Technologies's current Enterprise Value is C$2,750,515 Mil.
Space Exploration Technologies'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 C$2,556 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 1,076.25 mean?
Space Exploration Technologies (TSX:SPCX) has a EV-to-EBITDA of 1,076.25 as of Sep. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Space Exploration Technologies. This is 295% above median its historical median of 272.65. Over the past decade, Space Exploration Technologies' EV-to-EBITDA has ranged from 200.90 to 1,543.96. According to the industry distribution chart, Space Exploration Technologies ranks #273 out of 275 companies in the Aerospace & Defense industry, placing it in the top 99.3%.
Is Space Exploration Technologies' EV-to-EBITDA too high?
Space Exploration Technologies' current EV-to-EBITDA of 1,076.25 is 295% above median its 10-year median of 272.65. Over the past 10 years, this metric has ranged from a low of 200.90 to a high of 1,543.96. The Aerospace & Defense industry median EV-to-EBITDA is 20.53. Space Exploration Technologies' value of 1,076.25 is 5142.3% above this industry median. Based on the distribution chart, Space Exploration Technologies ranks #273 out of 275 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Space Exploration Technologies has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' EV-to-EBITDA compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #273 out of 275 companies for EV-to-EBITDA. This places Space Exploration Technologies in the lower half of its industry. The industry median EV-to-EBITDA is 20.53. Space Exploration Technologies' value of 1,076.25 is 5142.3% above this benchmark. Historically, Space Exploration Technologies' own EV-to-EBITDA has ranged from 200.90 to 1,543.96 over the past decade. While the company's 10-year median is 272.65 vs. the industry median of 20.53, Space Exploration Technologies 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 Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 20.53, based on 275 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. Space Exploration Technologies's current EV-to-EBITDA of 1,076.25 is 5142.3% 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 Space Exploration Technologies. For the Aerospace & Defense industry, the median EV-to-EBITDA is 20.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current EV-to-EBITDA is 1,076.25, which is 295% above median its own 10-year median of 272.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (TSX:SPCX) has a current EV-to-EBITDA of 1,076.25. The current EV-to-EBITDA is 1,076.25, which is 295% above median its 10-year median of 272.65 and 5142.3% above the Aerospace & Defense industry median of 20.53. Space Exploration Technologies' overall GF Score™ is 17/100 with 1 warning sign 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 Space Exploration Technologies (TSX:SPCX), the current EV-to-EBITDA is 1,076.25 as of Sep. 18, 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.

Space Exploration Technologies Business Description

Address 1 Rocket Road, Starbase, TX, USA, 78521
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
17GF 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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