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The latest data point for SMR's EV/EBITDA ratio in Q1'26 stands at -128.223, indicating a significantly negative valuation multiple that reflects ongoing challenges in profitability relative to enterprise value. This marks a sharp deterioration from the previous quarter's -10.343 in Q4'25, highlighting intensified operational or market pressures. Over the period from Q2'23 to Q1'26, the EV/EBITDA ratio has exhibited high volatility with consistently negative values, fluctuating between a high of -4.573 in Q3'23 and a low of -128.223 in Q1'26. Notable declines occurred in Q3'24 (-76.269) and Q2'25 (-103.267), suggesting periodic spikes in losses or reduced EBITDA, while brief improvements were seen in Q3'25 (-24.648) and Q4'25 (-10.343); overall, the trend points to persistent unprofitability and valuation instability in this area chart representation.