Cisco Systems (XSWX:CSCO) EV-to-EBITDA: 26.88 (As of Jul. 15, 2026) — 132% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:CSCO Cisco Systems Inc XSWX:CSCO
81 GF Score
Price CHF96.29
GF Value CHF56.55
! 9 Warning Signs
View Full Analysis

What is Cisco Systems EV-to-EBITDA?

Cisco Systems XSWX:CSCO -0.69% 81 EV-to-EBITDA is 26.88 as of Jul. 15, 2026, which is 132% above its 10-year median of 11.60. GuruFocus rates XSWX:CSCO with a GF Score™ of 81/100 and a GF Value™ of CHF56.55. The stock has 9 warning signs investors should review. Among 1,895 Hardware companies, Cisco Systems ranks worse than 64.27% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cisco Systems's enterprise value is CHF385,337 Mil. Cisco Systems's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was CHF14,334 Mil. Therefore, Cisco Systems's EV-to-EBITDA for today is 26.88.

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

XSWX:CSCO' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.14   Med: 11.6   Max: 27.61
Current: 26.34

During the past 13 years, the highest EV-to-EBITDA of Cisco Systems was 27.61. The lowest was 7.14. And the median was 11.60.

XSWX:CSCO's EV-to-EBITDA is ranked worse than
64.27% of 1895 companies
in the Hardware industry
Industry Median: 15.53 vs XSWX:CSCO: 26.34

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 (2026-07-15), Cisco Systems's stock price is CHF96.29. Cisco Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was CHF2.442. Therefore, Cisco Systems's PE Ratio (TTM) for today is 39.43.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Cisco Systems  (XSWX:CSCO) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=96.29/2.442
=39.43

Cisco Systems's share price for today is CHF96.29.
Cisco Systems'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 CHF2.442.

* 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?


Cisco Systems EV-to-EBITDA Related Terms


Cisco Systems EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cisco Systems'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.

Cisco Systems EV-to-EBITDA Chart

Cisco Systems Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 10.52 11.09 13.16 18.16

Cisco Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 16.00 18.16 18.33 19.03 20.75

XSWX:CSCO vs CIEN, MSI, LITE: EV-to-EBITDA Comparison

For the Communication Equipment subindustry, Cisco Systems'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.


Cisco Systems EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Cisco Systems's EV-to-EBITDA distribution charts can be found below:

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


XSWX:CSCO
81GF Score
Cisco Systems Inc XSWX:CSCO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cisco Systems EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=385337.000/14334.118
=26.88

Cisco Systems's current Enterprise Value is CHF385,337 Mil.
Cisco Systems'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 CHF14,334 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 26.88 mean?
Cisco Systems (XSWX:CSCO) has a EV-to-EBITDA of 26.88 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cisco Systems. This is 132% above median its historical median of 11.60. Over the past decade, Cisco Systems' EV-to-EBITDA has ranged from 7.14 to 27.61. According to the industry distribution chart, Cisco Systems ranks #1218 out of 1895 companies in the Hardware industry, placing it in the top 64.3%.
Is Cisco Systems' EV-to-EBITDA too high?
Cisco Systems' current EV-to-EBITDA of 26.88 is 132% above median its 10-year median of 11.60. Over the past 10 years, this metric has ranged from a low of 7.14 to a high of 27.61. The Hardware industry median EV-to-EBITDA is 15.53. Cisco Systems' value of 26.88 is 73.1% above this industry median. Based on the distribution chart, Cisco Systems ranks #1218 out of 1895 companies in the Hardware industry, which is below the industry midpoint. Overall, Cisco Systems has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' EV-to-EBITDA compare to CIEN and MSI?
According to the Hardware industry distribution chart, Cisco Systems ranks #1218 out of 1895 companies for EV-to-EBITDA. This places Cisco Systems in the lower half of its industry. The industry median EV-to-EBITDA is 15.53. Cisco Systems' value of 26.88 is 73.1% above this benchmark. Historically, Cisco Systems' own EV-to-EBITDA has ranged from 7.14 to 27.61 over the past decade. While the company's 10-year median is 11.60 vs. the industry median of 15.53, Cisco Systems 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 a Hardware company?
The median EV-to-EBITDA among Hardware companies is 15.53, based on 1,895 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. Cisco Systems's current EV-to-EBITDA of 26.88 is 73.1% 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 Cisco Systems. For the Hardware industry, the median EV-to-EBITDA is 15.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cisco Systems's current EV-to-EBITDA is 26.88, which is 132% above median its own 10-year median of 11.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Cisco Systems (XSWX:CSCO) has a current EV-to-EBITDA of 26.88. The stock's GF Value™ is CHF56.55, compared to a current price of CHF96.29 — trading 70.3% above its estimated fair value. The current EV-to-EBITDA is 26.88, which is 132% above median its 10-year median of 11.60 and 73.1% above the Hardware industry median of 15.53. Cisco Systems' overall GF Score™ is 81/100 with 9 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 Cisco Systems (XSWX:CSCO), the current EV-to-EBITDA is 26.88 as of Jul. 15, 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 Cisco Systems (XSWX:CSCO) Overvalued in 2026?

Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued. The current stock price of CHF96.29 is trading 70.3% above its estimated GF Value™ of CHF56.55.

Key valuation signals for XSWX:CSCO:

  • EV-to-EBITDA: 26.88 (132% above median its 10-year median of 11.60)
  • GF Value™: CHF56.55 vs. price of CHF96.29 (70.3% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 73.1% above the Hardware median (#1218 of 1895)

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


Cisco Systems Business Description

Address 170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
81GF Score

Get the complete analysis for XSWX:CSCO

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

CHF96.29
Price
CHF56.55
GF Value