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Air T Inc (NAS:AIRT)
EV/EBITDA
6.97 (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 $22.4 Mil. Air T Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2014 was $3.4 Mil. Therefore, Air T Inc's EV/EBITDA ratio for today is 6.97.

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 $11.75. Air T Inc's earnings per share for the trailing twelve months (TTM) ended in Mar. 2014 was $0.61. Therefore, Air T Inc's P/E Ratio for today is 19.30.

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)
=22.445/3.385
=6.63

Air T Inc's current Enterprise Value is $22.4 Mil.
Air T Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2014 was 0.372 (Jun. 2013 ) + 0.939 (Sep. 2013 ) + 1.015 (Dec. 2013 ) + 1.059 (Mar. 2014 ) = $3.4 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)
=11.75/0.607
=19.36

Air T Inc's share price for today is $11.75.
Air T Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2014 was 0.06 (Jun. 2013 ) + 0.18 (Sep. 2013 ) + 0.19 (Dec. 2013 ) + 0.177 (Mar. 2014 ) = $0.61.

* 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 10.697.313.583.870.862.624.147.144.326.89

Air T Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebitda 3.787.145.716.164.384.326.097.446.676.89
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