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Cyberonics Inc (NAS:CYBX)
EV/EBITDA
14.76 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Cyberonics Inc's enterprise value is $1,390.5 Mil. Cyberonics Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jul. 2014 was $94.2 Mil. Therefore, Cyberonics Inc's EV/EBITDA ratio for today is 14.76.

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, Cyberonics Inc's stock price is $56.96. Cyberonics Inc's earnings per share for the trailing twelve months (TTM) ended in Jul. 2014 was $2.19. Therefore, Cyberonics Inc's P/E Ratio for today is 26.00.

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


Definition

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=1390.530/94.218
=14.76

Cyberonics Inc's current Enterprise Value is $1,390.5 Mil.
Cyberonics Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jul. 2014 was 23.238 (Oct. 2013 ) + 22.545 (Jan. 2014 ) + 24.871 (Apr. 2014 ) + 23.564 (Jul. 2014 ) = $94.2 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=56.96/2.189
=26.02

Cyberonics Inc's share price for today is $56.96.
Cyberonics Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jul. 2014 was 0.5 (Oct. 2013 ) + 0.51 (Jan. 2014 ) + 0.679 (Apr. 2014 ) + 0.5 (Jul. 2014 ) = $2.19.

* 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.

Cyberonics Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
ev2ebitda 0.000.000.00154.3810.8411.8017.8414.6313.1817.04

Cyberonics Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
ev2ebitda 14.6316.2015.6513.5813.1816.0417.7120.3717.0415.72
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