Switch to:
Energy Company of Minas Gerais (NYSE:CIG)
EV/EBITDA
3.19 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Energy Company of Minas Gerais's enterprise value is $9,550 Mil. Energy Company of Minas Gerais's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2014 was $2,998 Mil. Therefore, Energy Company of Minas Gerais's EV/EBITDA ratio for today is 3.19.

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, Energy Company of Minas Gerais's stock price is $4.63. Energy Company of Minas Gerais's earnings per share for the trailing twelve months (TTM) ended in Jun. 2014 was $0.90. Therefore, Energy Company of Minas Gerais's P/E Ratio for today is 5.14.

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


Definition

Energy Company of Minas Gerais's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=9550.161/2997.61339674
=3.19

Energy Company of Minas Gerais's current Enterprise Value is $9,550 Mil.
Energy Company of Minas Gerais's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2014 was 595.848056537 (Sep. 2013 ) + 792.074989348 (Dec. 2013 ) + 938.476129032 (Mar. 2014 ) + 671.214221825 (Jun. 2014 ) = $2,998 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.

Energy Company of Minas Gerais's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=4.63/0.900137069877
=5.14

Energy Company of Minas Gerais's share price for today is $4.63.
Energy Company of Minas Gerais's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2014 was 0.276943462898 (Sep. 2013 ) + -0.067319982957 (Dec. 2013 ) + 0.427096774194 (Mar. 2014 ) + 0.263416815742 (Jun. 2014 ) = $0.90.

* 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.

Energy Company of Minas Gerais Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 2,668,247.304,761,588.324,599,324.136.095.664.464.745.423.933.98

Energy Company of Minas Gerais Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebitda 6.697.235.633.933.063.603.533.984.094.10
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK