EBITDAEarnings Before Interest, Taxes, Depreciation, and Amortization — a measure of operating profitability before financing and accounting decisions. EV/EBITDA compares a company's full value (including debt) to this figure, often used to compare companies with different capital structures.
5yr EBITDA growth 15.0%
PEG ratioPrice/Earnings-to-Growth: the P/E ratio divided by expected earnings growth. Below 1.0 is often read as cheap relative to growth; above suggests the market is pricing in a lot of future growth already. Different providers use different growth-rate assumptions, so figures vary by source.
1.23
Capex
−$55.66B (TTM)
Fundamentals sourced as cited below; figures vary slightly by provider and reporting date, consistent with real-world data variance across sources. EBITDA, PEG ratio, and capex sourced from public filings and financial-data aggregators (GuruFocus, StockAnalysis, company earnings releases). PEG ratio is sourced primarily from GuruFocus where available; different providers calculate PEG using different growth-rate assumptions (trailing vs. forward, 1-year vs. 5-year), so figures from other sources for the same stock can vary by several multiples — a known limitation of PEG as a metric, not unique to any name here.
Why it's on the list
Oracle's cloud infrastructure business (OCI) has become a real AI-capacity story, landing large compute contracts that read a lot like the deals NBIS and CRWV sign — except backed by a company with decades of enterprise database cash flow underneath it, not a pure-play neocloud balance sheet.
Why it's not in the book yet
I don't yet have a clean read on how much of Oracle's re-rating is durable OCI growth versus enthusiasm carrying over from the same AI-capex narrative lifting everything else. That's exactly the kind of "is the thesis real or is it the theme" question the correlation-matrix piece was about.
What would move me to buy
A quarter where OCI revenue growth and backlog disclosures give me enough to underwrite the capacity story independent of the broader AI-infrastructure sentiment.
Sources: companiesmarketcap.com, public.com, fullratio.com, SEC Form 8-K (as of July 11, 2026). This is a watchlist entry, not a position — see Watchlist for the full list and Investment Policy Statement for what it takes for a name to become a real position. Not investment advice.