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Therma BrightTSXV:THRM EV-to-EBITDA is -0.85 as of Aug. 12, 2026. The stock has 5 warning signs investors should review. Among 515 Medical Devices & Instruments companies, Therma Bright ranks worse than 194174.56% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Therma Bright's enterprise value is C$3.38 Mil.
Therma Bright's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was C$-3.98 Mil. Therefore, Therma Bright's EV-to-EBITDA for today is -0.85.
The historical rank and industry rank for Therma Bright's EV-to-EBITDA or its related term are showing as below:
TSXV:THRM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -57.77 Med: -3.62 Max: -0.34
Current: -0.85
During the past 13 years, the highest EV-to-EBITDA of Therma Bright was -0.34. The lowest was -57.77. And the median was -3.62.
TSXV:THRM's EV-to-EBITDA is ranked worse than 100% of 515
companies
in the Medical Devices & Instruments industry
Industry Median: 14.92
vs TSXV:THRM: -0.85
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.
Therma Bright's PE Ratio (TTM) for today is calculated as:
Therma Bright's share price for today is C$0.055.
Therma Bright's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.070.
* 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 Therma Bright'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.
TSXV:THRM vs ABT, SYK, MDT: EV-to-EBITDA Comparison
For the Medical Devices subindustry, Therma Bright'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.
Therma Bright EV-to-EBITDA vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Therma Bright's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Therma Bright's EV-to-EBITDA falls into.
Therma Bright's current Enterprise Value is C$3.38 Mil.
Therma Bright's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.98 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.
Therma Bright (TSXV:THRM) has a EV-to-EBITDA of -0.85 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 Therma Bright. According to the industry distribution chart, Therma Bright ranks #999999 out of 515 companies in the Medical Devices & Instruments industry.
Is Therma Bright's EV-to-EBITDA too high?
Therma Bright's current EV-to-EBITDA is -0.85. Based on the distribution chart, Therma Bright ranks #999999 out of 515 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Therma Bright's EV-to-EBITDA compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Therma Bright ranks #999999 out of 515 companies for EV-to-EBITDA. This places Therma Bright in the lower half of its industry. The industry median EV-to-EBITDA is 14.92. 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 14.92, 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 Therma Bright. For the Medical Devices & Instruments industry, the median EV-to-EBITDA is 14.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Therma Bright's current EV-to-EBITDA is -0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Therma Bright stock overvalued right now?
Therma Bright (TSXV:THRM) has a current EV-to-EBITDA of -0.85. The current EV-to-EBITDA is -0.85. 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 Therma Bright (TSXV:THRM), the current EV-to-EBITDA is -0.85 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.
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.
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