Netcapital EV/EBIT NCPL

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2019.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 2.5×; Mar 2024
7-year median: 3.6×
7-year range: 1.3× to 131×
Peer median: 8.2×

Netcapital's EV/EBIT is not a meaningful number today: no quarters with one-off gains and charges taken out yet.

It was last meaningful in Mar 2024, at 2.5×.

On the days it had one over the last 7 years, its median was 3.6×, from 1.3× in Nov 2023 to 131× in Sep 2022.

EV/EBIT over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2024	2.5×	2.5×	3.1×
2023	3.1×	1.3×	7.7×
2022	8.2×	6.5×	131×
2021	n/m a value too high to mean anything
2020	2.5×	2.0×	5.6×
2019	5.2×	4.7×	17.5×

Against its peers

Companies in Financial - Credit Services nearest Netcapital's size, closest first, today.

Company	EV/EBIT
NCPLNetcapital	n/m
BCGBinah Capital	1.5×
VIPVulcan Infrastructure & Power	n/m
ATCHAtlasClear	n/m
RSSSResearch Solutions	14.9×
Peer median	8.2×

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Netcapital

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.