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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, VirnetX Holding's enterprise value is $34.10 Mil.
VirnetX Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-19.38 Mil. Therefore, VirnetX Holding's EV-to-EBITDA for today is -1.76.
The historical rank and industry rank for VirnetX Holding's EV-to-EBITDA or its related term are showing as below:
VHC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -25.45 Med: -1.65 Max: 5.28
Current: -1.76
During the past 13 years, the highest EV-to-EBITDA of VirnetX Holding was 5.28. The lowest was -25.45. And the median was -1.65.
VHC's EV-to-EBITDA is ranked worse than 100% of 1959
companies
in the Software industry
Industry Median: 10.46
vs VHC: -1.76
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.
VirnetX Holding's PE Ratio (TTM) for today is calculated as:
VirnetX Holding's share price for today is $12.31.
VirnetX Holding'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 $-5.160.
* 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 VirnetX Holding'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 Software - Infrastructure subindustry, VirnetX Holding'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.
VirnetX Holding EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, VirnetX Holding's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where VirnetX Holding's EV-to-EBITDA falls into.
VirnetX Holding's current Enterprise Value is $34.10 Mil.
VirnetX Holding'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 $-19.38 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.
VirnetX Holding (VHC) has a EV-to-EBITDA of -1.76 as of Jul. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on VirnetX Holding. According to the industry distribution chart, VirnetX Holding ranks #999999 out of 1959 companies in the Software industry.
Is VirnetX Holding's EV-to-EBITDA too high?
VirnetX Holding's current EV-to-EBITDA is -1.76. Based on the distribution chart, VirnetX Holding ranks #999999 out of 1959 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VirnetX Holding has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VirnetX Holding's EV-to-EBITDA compare to WHEN and RMXI?
According to the Software industry distribution chart, VirnetX Holding ranks #999999 out of 1959 companies for EV-to-EBITDA. This places VirnetX Holding in the lower half of its industry. The industry median EV-to-EBITDA is 10.46. 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 Software company?
The median EV-to-EBITDA among Software companies is 10.46, based on 1,959 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 VirnetX Holding. For the Software industry, the median EV-to-EBITDA is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VirnetX Holding's current EV-to-EBITDA is -1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirnetX Holding stock overvalued right now?
Based on GuruFocus' analysis, VirnetX Holding (VHC) is currently considered Possible Value Trap. The stock's GF Value™ is $87.52, compared to a current price of $12.31 — trading 85.9% below its estimated fair value. The current EV-to-EBITDA is -1.76. VirnetX Holding's overall GF Score™ is 47/100 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 VirnetX Holding (VHC), the current EV-to-EBITDA is -1.76 as of Jul. 23, 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 VirnetX Holding (VHC) Overvalued in 2026?
Based on GuruFocus' analysis, VirnetX Holding stock appears to be undervalued.
The current stock price of $12.31 is trading 85.9% below its estimated GF Value™ of $87.52.
GuruFocus considers VirnetX Holding to be Possible Value Trap.
Key valuation signals for VHC:
EV-to-EBITDA: -1.76
GF Value™: $87.52 vs. price of $12.31 (85.9% below fair value)
No single metric tells the full story. See the VHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications. Its software and technology solutions, including its Secure Domain Name Registry and Technology, VirnetX One, War Room, VirnetX Matrix, and GABRIEL Connection Technology, are designed to be device and location-independent, and enable a secure real-time communication environment for all types of enterprise applications, services and critical infrastructures.
47GF Score
Get the complete analysis for VHC
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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