EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Applied Digital's enterprise value is CHF8,533.2 Mil.
Applied Digital's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was CHF-0.1 Mil. Therefore, Applied Digital's EV-to-EBITDA for today is -95,878.67.
The historical rank and industry rank for Applied Digital's EV-to-EBITDA or its related term are showing as below:
XSWX:APLD'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -162125.8 Med: -24.69 Max: 43.8
Current: -118478.44
During the past 13 years, the highest EV-to-EBITDA of Applied Digital was 43.80. The lowest was -162125.80. And the median was -24.69.
XSWX:APLD's EV-to-EBITDA is ranked worse than 100% of 1939
companies
in the Software industry
Industry Median: 10.45
vs XSWX:APLD: -118478.44
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Applied Digital (XSWX:APLD) 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.
Applied Digital's PE Ratio (TTM) for today is calculated as:
Applied Digital's share price for today is CHF27.30.
Applied Digital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-0.740.
* 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 Applied Digital'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 Information Technology Services subindustry, Applied Digital'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.
Applied Digital EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Applied Digital's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Applied Digital's EV-to-EBITDA falls into.
Applied Digital's current Enterprise Value is CHF8,533.2 Mil.
Applied Digital's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-0.1 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.
Applied Digital (XSWX:APLD) has a EV-to-EBITDA of -95,878.67 as of Jul. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Applied Digital. According to the industry distribution chart, Applied Digital ranks #999999 out of 1939 companies in the Software industry.
Is Applied Digital's EV-to-EBITDA too high?
Applied Digital's current EV-to-EBITDA is -95,878.67. Based on the distribution chart, Applied Digital ranks #999999 out of 1939 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Applied Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Applied Digital's EV-to-EBITDA compare to ?
According to the Software industry distribution chart, Applied Digital ranks #999999 out of 1939 companies for EV-to-EBITDA. This places Applied Digital in the lower half of its industry. The industry median EV-to-EBITDA is 10.45. 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 10.45, based on 1,939 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 Applied Digital. For the Software industry, the median EV-to-EBITDA is 10.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Digital's current EV-to-EBITDA is -95,878.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Digital stock overvalued right now?
Applied Digital (XSWX:APLD) has a current EV-to-EBITDA of -95,878.67. The stock's GF Value™ is CHF11.40, compared to a current price of CHF27.30 — trading 139.5% above its estimated fair value. The current EV-to-EBITDA is -95,878.67. Applied Digital's overall GF Score™ is 38/100 with 7 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 Applied Digital (XSWX:APLD), the current EV-to-EBITDA is -95,878.67 as of Jul. 04, 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 Applied Digital (XSWX:APLD) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Digital stock appears to be overvalued.
The current stock price of CHF27.30 is trading 139.5% above its estimated GF Value™ of CHF11.40.
Key valuation signals for XSWX:APLD:
EV-to-EBITDA: -95,878.67
GF Value™: CHF11.40 vs. price of CHF27.30 (139.5% above fair value)
No single metric tells the full story. See the XSWX:APLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments: Data Center Hosting Business and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business, which operates data centers to provide energized space to crypto mining customers.
38GF Score
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