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Cliffs Natural Resources Inc (NYSE:CLF)
EV/EBITDA
-0.46 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Cliffs Natural Resources Inc's enterprise value is $4,112 Mil. Cliffs Natural Resources Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2015 was $-9,004 Mil. Therefore, Cliffs Natural Resources Inc's EV/EBITDA ratio for today is -0.46.

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, Cliffs Natural Resources Inc's stock price is $3.83. Cliffs Natural Resources Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2015 was $-51.62. Therefore, Cliffs Natural Resources Inc's P/E Ratio for today is .

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


Definition

Cliffs Natural Resources Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=4112.084/-9004.2
=-0.46

Cliffs Natural Resources Inc's current Enterprise Value is $4,112 Mil.
Cliffs Natural Resources Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2015 was -7615.1 (Sep. 2014 ) + -1550.2 (Dec. 2014 ) + 104.9 (Mar. 2015 ) + 56.2 (Jun. 2015 ) = $-9,004 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.

Cliffs Natural Resources Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=3.83/-51.616
=

Cliffs Natural Resources Inc's share price for today is $3.83.
Cliffs Natural Resources Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2015 was -38.49 (Sep. 2014 ) + -8.476 (Dec. 2014 ) + -5.04 (Mar. 2015 ) + 0.39 (Jun. 2015 ) = $-51.62.

* 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.

Cliffs Natural Resources Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebitda 4.263.639.423.9710.916.324.7248.366.54-0.49

Cliffs Natural Resources Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebitda 42.8175.9930.316.546.166.22-0.74-0.49-0.48-0.47
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