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GuruFocus has detected 10 Warning Signs with BGC Partners Inc $BGCP.
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BGC Partners Inc (NAS:BGCP)
EV-to-EBITDA
11.82 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, BGC Partners Inc's enterprise value is $3,804 Mil. BGC Partners Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $322 Mil. Therefore, BGC Partners Inc's EV/EBITDA ratio for today is 11.82.

BGCP' s EV-to-EBITDA Range Over the Past 10 Years
Min: -915.8   Max: 108.1
Current: 11.82

-915.8
108.1

During the past 13 years, the highest EV/EBITDA Ratio of BGC Partners Inc was 108.10. The lowest was -915.80. And the median was 8.80.

BGCP's EV-to-EBITDA is ranked higher than
58% of the 617 Companies
in the Global Capital Markets industry.

( Industry Median: 13.49 vs. BGCP: 11.82 )

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, BGC Partners Inc's stock price is $11.38. BGC Partners Inc's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $0.36. Therefore, BGC Partners Inc's P/E Ratio for today is 31.61.

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


Definition

BGC Partners Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=3803.672/321.795
=11.82

BGC Partners Inc's current Enterprise Value is $3,804 Mil.
BGC Partners Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was 54.057 (Mar. 2016 ) + 64.719 (Jun. 2016 ) + 138.325 (Sep. 2016 ) + 64.694 (Dec. 2016 ) = $322 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

BGC Partners Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=11.38/0.36
=31.61

BGC Partners Inc's share price for today is $11.38.
BGC Partners Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was 0.05 (Mar. 2016 ) + 0.06 (Jun. 2016 ) + 0.21 (Sep. 2016 ) + 0.04 (Dec. 2016 ) = $0.36.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

BGC Partners Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda -263.981.971.615.785.394.732.8825.305.1510.68

BGC Partners Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda 11.6925.3024.5919.8113.385.155.585.555.2310.68
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