WULF (TeraWulf) EV-to-EBITDA: -6.98 (As of Aug. 14, 2026)

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WULF TeraWulf Inc WULF
38 GF Score
Price $17.40
GF Value $5.33
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is TeraWulf EV-to-EBITDA?

TeraWulf WULF +6.56% 38 EV-to-EBITDA is -6.98 as of Aug. 14, 2026. GuruFocus rates WULF with a GF Score™ of 38/100 and a GF Value™ of $5.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 511 Capital Markets companies, TeraWulf ranks worse than 195694.52% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TeraWulf's enterprise value is $11,289.9 Mil. TeraWulf's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-1,616.9 Mil. Therefore, TeraWulf's EV-to-EBITDA for today is -6.98.

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

WULF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -156.86   Med: -12.75   Max: 4446.51
Current: -6.98

During the past 5 years, the highest EV-to-EBITDA of TeraWulf was 4446.51. The lowest was -156.86. And the median was -12.75.

WULF's EV-to-EBITDA is ranked worse than
100% of 511 companies
in the Capital Markets industry
Industry Median: 9.31 vs WULF: -6.98

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 (2026-08-14), TeraWulf's stock price is $17.395. TeraWulf's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-4.370. Therefore, TeraWulf'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).


TeraWulf  (NAS:WULF) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=17.395/-4.370
=At Loss

TeraWulf's share price for today is $17.395.
TeraWulf'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 $-4.370.

* 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?


TeraWulf EV-to-EBITDA Related Terms


TeraWulf EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TeraWulf'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.

TeraWulf EV-to-EBITDA Chart

TeraWulf Annual Data
Trend Mar21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 -6.03 4,617.77 -138.40 -13.96

TeraWulf Quarterly Data
Jun21 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 -29.20 -10.52 -13.96 -11.58 -9.24

WULF vs SNEX, BMNR, XP: EV-to-EBITDA Comparison

For the Capital Markets subindustry, TeraWulf'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.


TeraWulf EV-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TeraWulf's EV-to-EBITDA distribution charts can be found below:

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


WULF
38GF Score
TeraWulf Inc WULF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TeraWulf EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=11289.850/-1616.917
=-6.98

TeraWulf's current Enterprise Value is $11,289.9 Mil.
TeraWulf'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 $-1,616.9 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 -6.98 mean?
TeraWulf (WULF) has a EV-to-EBITDA of -6.98 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on TeraWulf. According to the industry distribution chart, TeraWulf ranks #999999 out of 511 companies in the Capital Markets industry.
Is TeraWulf's EV-to-EBITDA too high?
TeraWulf's current EV-to-EBITDA is -6.98. Based on the distribution chart, TeraWulf ranks #999999 out of 511 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, TeraWulf has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TeraWulf's EV-to-EBITDA compare to SNEX and BMNR?
According to the Capital Markets industry distribution chart, TeraWulf ranks #999999 out of 511 companies for EV-to-EBITDA. This places TeraWulf in the lower half of its industry. The industry median EV-to-EBITDA is 9.31. 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 Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 9.31, based on 511 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 TeraWulf. For the Capital Markets industry, the median EV-to-EBITDA is 9.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeraWulf's current EV-to-EBITDA is -6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeraWulf stock overvalued right now?
Based on GuruFocus' analysis, TeraWulf (WULF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $17.40 — trading 226.4% above its estimated fair value. The current EV-to-EBITDA is -6.98. TeraWulf's overall GF Score™ is 38/100 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 TeraWulf (WULF), the current EV-to-EBITDA is -6.98 as of Aug. 14, 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 TeraWulf (WULF) Overvalued in 2026?

Based on GuruFocus' analysis, TeraWulf stock appears to be overvalued. The current stock price of $17.40 is trading 226.4% above its estimated GF Value™ of $5.33. GuruFocus considers TeraWulf to be Significantly Overvalued.

Key valuation signals for WULF:

  • EV-to-EBITDA: -6.98
  • GF Value™: $5.33 vs. price of $17.40 (226.4% above fair value)
  • GF Score™: 38/100 with 5 warning signs

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


TeraWulf Business Description

Other Exchanges 1WULF:ItalyZT8:Germany
Address 9 Federal Street, Easton, MD, USA, 21601
TeraWulf Inc develops and operates large-scale digital infrastructure designed for AI and high-performance computing workloads. The Company owns and operates energy infrastructure across key U.S. power markets, providing large-scale, contiguous power capacity for next-generation compute. Its strategic sites offer direct grid connectivity and, in select locations, integrated generation, creating a foundation for scalable compute infrastructure. Built on deep expertise in energy markets and grid integration, TeraWulf approaches compute infrastructure from the foundation up- securing power, developing scalable sites, and operating with disciplined execution.
38GF Score

Get the complete analysis for WULF

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

$17.40
Price
$5.33
GF Value