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Eastman Chemical Co (NYSE:EMN)
EV/EBITDA
8.33 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Eastman Chemical Co's enterprise value is $16,294 Mil. Eastman Chemical Co's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2016 was $1,956 Mil. Therefore, Eastman Chemical Co's EV/EBITDA ratio for today is 8.33.

EMN' s EV/EBITDA Range Over the Past 10 Years
Min: 3.3   Max: 13.9
Current: 8.33

3.3
13.9

During the past 13 years, the highest EV/EBITDA Ratio of Eastman Chemical Co was 13.90. The lowest was 3.30. And the median was 7.20.

EMN's EV/EBITDA is ranked higher than
63% of the 903 Companies
in the Global Chemicals industry.

( Industry Median: 11.04 vs. EMN: 8.33 )

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, Eastman Chemical Co's stock price is $65.34. Eastman Chemical Co's earnings per share for the trailing twelve months (TTM) ended in Jun. 2016 was $5.94. Therefore, Eastman Chemical Co's P/E Ratio for today is 11.00.

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


Definition

Eastman Chemical Co's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=16293.520/1956
=8.33

Eastman Chemical Co's current Enterprise Value is $16,294 Mil.
Eastman Chemical Co's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2016 was 565 (Sep. 2015 ) + 312 (Dec. 2015 ) + 540 (Mar. 2016 ) + 539 (Jun. 2016 ) = $1,956 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.

Eastman Chemical Co's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=65.34/5.94
=11.00

Eastman Chemical Co's share price for today is $65.34.
Eastman Chemical Co's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2016 was 1.71 (Sep. 2015 ) + 0.83 (Dec. 2015 ) + 1.69 (Mar. 2016 ) + 1.71 (Jun. 2016 ) = $5.94.

* 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.

Eastman Chemical Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 5.606.264.318.517.045.0413.187.9013.299.23

Eastman Chemical Co Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebitda 8.548.578.5113.2912.7013.5110.139.239.338.52
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