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The latest data point for TEM's EV/EBITDA ratio in Q1'26 stands at -98.95, reflecting a slight worsening from the previous quarter's -98.41 in Q4'25, though it remains deeply negative, indicating ongoing challenges in profitability relative to enterprise value. Over the period from Q3'23 to Q1'26, the EV/EBITDA ratio has exhibited high volatility with a persistent negative trend, starting at -219.75 in Q3'23 and deepening to -232.27 in Q4'23 before a notable improvement to -9.70 in Q2'24; however, it deteriorated sharply to -185.77 in Q3'24 and has since fluctuated between -15.18 and -180.56, underscoring unstable earnings performance and potential valuation pressures in the area chart visualization.