ASANCAUTIOUS

ASAN EV/EBITDA Analysis

-16.7x

Higher than 13% of Technology sector peers

Updated 1653h ago·SEC filings & market data

Key Takeaway

Enterprise value to EBITDA (EV/EBITDA) compares a company’s total value, including debt, to its earnings before interest, taxes, depreciation, and amortization.

Sector Performance

13th percentile

ASAN

-16.7x

Sector Median

18.4x

Sector Avg

47.7x

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Deep Analysis

Enterprise value to EBITDA (EV/EBITDA) compares a company’s total value, including debt, to its earnings before interest, taxes, depreciation, and amortization.

Asana’s current EV/EBITDA of -16.7x means its EBITDA is negative, so the metric is not meaningful for a standard valuation comparison. Among Technology sector peers, the median is 24.2x, and Asana ranks in the 12th percentile — well below most peers. The year-over-year change, quarter-over-quarter change, and trend over the last 8 quarters are all listed as N/A, so no directional information is available. A negative EV/EBITDA with no trend data signals that the company is not generating positive operating earnings, which increases risk and makes traditional valuation benchmarks inapplicable. This metric contradicts the overall NEUTRAL verdict because a deeply negative EV/EBITDA relative to a positive sector median typically suggests the stock is more speculative than neutral.

Frequently Asked Questions

What does the EV/EBITDA tell investors about ASAN?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

How does ASAN's EV/EBITDA compare to its sector?

ASAN's EV/EBITDA of -16.7x compares to a Technology sector median of 18.4x, placing it in the 13th percentile.

Who are ASAN's closest peers by EV/EBITDA?

The closest Technology peers by EV/EBITDA include: BR (18.5x), AMAT (19.3x), MSFT (23.6x), ADI (24.2x), APH (24.5x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.