Switch to:
Clearfield Inc (NAS:CLFD)
EV/EBITDA
17.32 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Clearfield Inc's enterprise value is $150.18 Mil. Clearfield Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2014 was $8.67 Mil. Therefore, Clearfield Inc's EV/EBITDA ratio for today is 17.32.

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, Clearfield Inc's stock price is $13.02. Clearfield Inc's earnings per share for the trailing twelve months (TTM) ended in Sep. 2014 was $0.40. Therefore, Clearfield Inc's P/E Ratio for today is 32.60.

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


Definition

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=150.177/8.671
=17.32

Clearfield Inc's current Enterprise Value is $150.18 Mil.
Clearfield Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2014 was 3.225 (Dec. 2013 ) + 1.916 (Mar. 2014 ) + 1.858 (Jun. 2014 ) + 1.672 (Sep. 2014 ) = $8.67 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=13.02/0.4
=32.55

Clearfield Inc's share price for today is $13.02.
Clearfield Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2014 was 0.15 (Dec. 2013 ) + 0.09 (Mar. 2014 ) + 0.08 (Jun. 2014 ) + 0.08 (Sep. 2014 ) = $0.40.

* 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.

Clearfield Inc Annual Data

Mar05Mar06Mar07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
ev2ebitda -2.70-6.50-4.125.2425.0915.6414.0810.8520.0017.15

Clearfield Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebitda 10.1010.859.1011.5019.6620.0023.8725.3418.8817.15
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