IBKR Interactive Brokers Group: EV/EBITDA Multiple

How do the fintech potential and R&D of Interactive Brokers (IBKR) impact the business valuation? The GURU.Markets terminal provides a current valuation based on the EV/EBITDA multiple, where the value -1.51 reflects the metric's balance. However, global sanctions are increasing the broker's costs, while primary profits rely on high loan rates for clients.
IBKR (interactivebrokers.com): analytical breakdowns and indicator data

Interactive Brokers efficiency is based on the automation of trading processes and the growth of margin lending. The enterprise value to EBITDA ratio allows for the assessment of business capitalization accounting for net debt, while excluding the impact of tax regimes and depreciation. This metric reveals systemic degradation or the undervaluation of an asset relative to its operating profit. Investors utilize this indicator for rapid screening of bankruptcy risks when values are abnormally low.