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China Yuchai International, Ltd. (NYSE:CYD)
EV/EBITDA
2.63 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, China Yuchai International, Ltd.'s enterprise value is $684 Mil. China Yuchai International, Ltd.'s earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2013 was $215 Mil. Therefore, China Yuchai International, Ltd.'s EV/EBITDA ratio for today is 2.63.

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 Yuchai International, Ltd.'s stock price is $21.32. China Yuchai International, Ltd.'s earnings per share for the trailing twelve months (TTM) ended in Dec. 2013 was $3.04. Therefore, China Yuchai International, Ltd.'s P/E Ratio for today is 7.30.

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


Definition

China Yuchai International, Ltd.'s EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=684.396/215.168345175
=3.18

China Yuchai International, Ltd.'s current Enterprise Value is $684 Mil.
China Yuchai International, Ltd.'s Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2013 was 52.2384416424 (Mar. 2013 ) + 52.8009455494 (Jun. 2013 ) + 40.262985417 (Sep. 2013 ) + 69.8659725665 (Dec. 2013 ) = $215 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.

China Yuchai International, Ltd.'s P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=21.32/3.04141222943
=7.01

China Yuchai International, Ltd.'s share price for today is $21.32.
China Yuchai International, Ltd.'s Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2013 was 0.753313934691 (Mar. 2013 ) + 0.727094880991 (Jun. 2013 ) + 0.468621989186 (Sep. 2013 ) + 1.09238142456 (Dec. 2013 ) = $3.04.

* 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.

China Yuchai International, Ltd. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 2.8914.2916.1714.173.190.571.721.531.960.00

China Yuchai International, Ltd. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebitda 1.841.537.561.98-0.821.968.168.7010.170.00
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