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GuruFocus has detected 5 Warning Signs with Bank of New York Mellon Corp $BK.
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Bank of New York Mellon Corp (NYSE:BK)
EV/EBITDA
-3.47 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Bank of New York Mellon Corp's enterprise value is $-20,607 Mil. Bank of New York Mellon Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2016 was $5,935 Mil. Therefore, Bank of New York Mellon Corp's EV/EBITDA ratio for today is -3.47.

During the past 13 years, the highest EV/EBITDA Ratio of Bank of New York Mellon Corp was 35.30. The lowest was -19.40. And the median was -8.10.

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, Bank of New York Mellon Corp's stock price is $47.02. Bank of New York Mellon Corp's earnings per share for the trailing twelve months (TTM) ended in Sep. 2016 was $2.95. Therefore, Bank of New York Mellon Corp's P/E Ratio for today is 15.94.

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


Definition

Bank of New York Mellon Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=-20607.030/5935
=-3.47

Bank of New York Mellon Corp's current Enterprise Value is $-20,607 Mil.
Bank of New York Mellon Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2016 was 1244 (Dec. 2015 ) + 1455 (Mar. 2016 ) + 1549 (Jun. 2016 ) + 1687 (Sep. 2016 ) = $5,935 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.

Bank of New York Mellon Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=47.02/2.95
=15.94

Bank of New York Mellon Corp's share price for today is $47.02.
Bank of New York Mellon Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2016 was 0.57 (Dec. 2015 ) + 0.73 (Mar. 2016 ) + 0.75 (Jun. 2016 ) + 0.9 (Sep. 2016 ) = $2.95.

* 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.

Bank of New York Mellon Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 9.0610.32-14.5110.60-3.51-19.09-19.06-15.12-11.15-11.38

Bank of New York Mellon Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebitda -17.52-10.84-11.15-9.25-10.98-8.62-11.38-8.68-6.62-4.74
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