Question 1

What is Applied Optoelectronics's EV/EBITDA ratio?

Accepted Answer

Applied Optoelectronics (AAOI) EV/EBITDA ratio is currently not available. When EBITDA is negative, EV/EBITDA is reported as N/A. EV/Sales is the standard substitute for early-stage or temporarily loss-making companies.

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Applied Optoelectronics?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Applied Optoelectronics specifically, the relevant sector benchmark is the current sector median of 19.8×.

Question 5

What is Applied Optoelectronics's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Applied Optoelectronics (AAOI) EV/EBITDA ratio has ranged from a low of 5.5× in 2018 to a high of 60.8× in 2014.

Question 6

What was Applied Optoelectronics's EV/EBITDA ratio in 2018?

Accepted Answer

Applied Optoelectronics (AAOI) EV/EBITDA ratio at the end of 2018 was 16.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 7

Why does Applied Optoelectronics's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.

Question 8

Why is Applied Optoelectronics's EV/EBITDA ratio not available?

Accepted Answer

When EBITDA is negative, EV/EBITDA is reported as N/A. EV/Sales is the standard substitute for early-stage or temporarily loss-making companies.


2025	$2.45B	−$15.96M	—	—	Dec 31, 2025
2024	$1.70B	−$159.26M	—	—	Dec 31, 2024
2023	$706.13M	−$26.18M	—	—	Dec 31, 2023
2022	$53.79M	−$36.87M	—	—	Dec 31, 2022
2021	$139.67M	−$23.17M	—	—	Dec 31, 2021
2020	$224.99M	−$20.86M	—	—	Dec 31, 2020
2019	$238.86M	−$21.97M	—	—	Dec 31, 2019
2018	$305.21M	$21.03M	16.1×	+9.5×	Dec 31, 2018
2017	$733.93M	$105.77M	6.6×	-4.3×	Dec 31, 2017
2016	$413.27M	$36.91M	11.0×	-3.7×	Dec 31, 2016
2015	$288.85M	$21.61M	14.6×	+0.5×	Dec 31, 2015
2014	$166.27M	$10.98M	14.1×	-46.0×	Dec 31, 2014
2013	$189.59M	$3.13M	60.2×	—	Dec 31, 2013


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Fiserv (FISV)	6.9×
HP (HPQ)	6.4×
Optical Cable (OCC)	-0.0×

EV/EBITDA for Applied Optoelectronics (AAOI)

EV/EBITDA daily chart for Applied Optoelectronics (AAOI)

Historical EV/EBITDA for Applied Optoelectronics (AAOI) from 2013 to 2025

About EV/EBITDA at Applied Optoelectronics (AAOI)

Applied Optoelectronics EV/EBITDA by Year

Applied Optoelectronics EV/EBITDA 2018: 16.1×

Applied Optoelectronics EV/EBITDA 2017: 6.6×

Applied Optoelectronics EV/EBITDA 2016: 11.0×

Applied Optoelectronics EV/EBITDA 2015: 14.6×

Applied Optoelectronics EV/EBITDA 2014: 14.1×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Applied Optoelectronics (AAOI) Key Financials

EV/EBITDA daily chart for Applied Optoelectronics (AAOI)

Historical EV/EBITDA for Applied Optoelectronics (AAOI) from 2013 to 2025

About EV/EBITDA at Applied Optoelectronics (AAOI)

Applied Optoelectronics EV/EBITDA by Year

Applied Optoelectronics EV/EBITDA 2018: 16.1×

Applied Optoelectronics EV/EBITDA 2017: 6.6×

Applied Optoelectronics EV/EBITDA 2016: 11.0×

Applied Optoelectronics EV/EBITDA 2015: 14.6×

Applied Optoelectronics EV/EBITDA 2014: 14.1×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Applied Optoelectronics's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Applied Optoelectronics?

+What is Applied Optoelectronics's historical EV/EBITDA ratio range?

+What was Applied Optoelectronics's EV/EBITDA ratio in 2018?

+Why does Applied Optoelectronics's EV/EBITDA ratio change over time?

+Why is Applied Optoelectronics's EV/EBITDA ratio not available?

Applied Optoelectronics (AAOI) Key Financials