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Air T Inc (NAS:AIRT)
EV/EBITDA
7.56 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Air T Inc's enterprise value is $25.2 Mil. Air T Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $3.3 Mil. Therefore, Air T Inc's EV/EBITDA ratio for today is 7.56.

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Air T Inc's stock price is $12.85. Air T Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2014 was $0.58. Therefore, Air T Inc's P/E Ratio for today is 22.30.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Air T Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=25.180/3.329
=7.56

Air T Inc's current Enterprise Value is $25.2 Mil.
Air T Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2014 was 0.939 (Sep. 2013 ) + 1.015 (Dec. 2013 ) + 1.059 (Mar. 2014 ) + 0.316 (Jun. 2014 ) = $3.3 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Air T Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=12.85/0.577
=22.27

Air T Inc's share price for today is $12.85.
Air T Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2014 was 0.18 (Sep. 2013 ) + 0.19 (Dec. 2013 ) + 0.177 (Mar. 2014 ) + 0.03 (Jun. 2014 ) = $0.58.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air T Inc Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
ev2ebitda 10.697.313.583.870.862.624.147.144.326.91

Air T Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebitda 7.145.716.164.384.326.117.466.696.917.95
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