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GuruFocus has detected 3 Warning Signs with China Information Technology Inc $CNIT.
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China Information Technology Inc (NAS:CNIT)
EV/EBITDA
34.52 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, China Information Technology Inc's enterprise value is $43.81 Mil. China Information Technology Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2016 was $1.27 Mil. Therefore, China Information Technology Inc's EV/EBITDA ratio for today is 34.52.

CNIT' s EV/EBITDA Range Over the Past 10 Years
Min: -13.9   Max: 143
Current: 34.23

-13.9
143

During the past 11 years, the highest EV/EBITDA Ratio of China Information Technology Inc was 143.00. The lowest was -13.90. And the median was 5.00.

CNIT's EV/EBITDA is ranked lower than
78% of the 1281 Companies
in the Global Information Technology Services industry.

( Industry Median: 13.65 vs. CNIT: 34.23 )

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, China Information Technology Inc's stock price is $0.78. China Information Technology Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2016 was $-0.22. Therefore, China Information Technology 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

China Information Technology Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=43.806/1.269
=34.52

China Information Technology Inc's current Enterprise Value is $43.81 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2016 was $1.27 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.

China Information Technology Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=0.78/-0.22
=

China Information Technology Inc's share price for today is $0.78.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2016 was $-0.22.

* 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.

China Information Technology Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 78.6121.466.008.125.754.44-1.68-2.65-9.3568.53

China Information Technology Inc Semi-Annual Data

Dec11Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16
ev2ebitda 4.440.00-1.680.00-2.650.00-9.350.0068.530.00
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