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Eastman Chemical Co (Eastman Chemical Co) EV-to-EBITDA

: 8.61 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Eastman Chemical Co's enterprise value is $15,590 Mil. Eastman Chemical Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,810 Mil. Therefore, Eastman Chemical Co's EV-to-EBITDA for today is 8.61.

The historical rank and industry rank for Eastman Chemical Co's EV-to-EBITDA or its related term are showing as below:

EMN' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.24   Med: 9.55   Max: 17
Current: 8.61

During the past 13 years, the highest EV-to-EBITDA of Eastman Chemical Co was 17.00. The lowest was 6.24. And the median was 9.55.

EMN's EV-to-EBITDA is ranked better than
71.69% of 1300 companies
in the Chemicals industry
Industry Median: 13.315 vs EMN: 8.61

EV-to-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 PE Ratio to determine the fair market value of a company.

As of today (2024-04-19), Eastman Chemical Co's stock price is $96.42. Eastman Chemical Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $7.490. Therefore, Eastman Chemical Co's PE Ratio for today is 12.87.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Eastman Chemical Co EV-to-EBITDA Historical Data

The historical data trend for Eastman Chemical Co's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastman Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.48 14.28 11.21 8.78 8.24

Eastman Chemical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.78 9.62 10.19 9.90 8.24

Competitive Comparison

For the Specialty Chemicals subindustry, Eastman Chemical Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastman Chemical Co EV-to-EBITDA Distribution

For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eastman Chemical Co's EV-to-EBITDA falls into.



Eastman Chemical Co EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=15590.284/1810
=8.61

Eastman Chemical Co's current Enterprise Value is $15,590 Mil.
Eastman Chemical Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,810 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eastman Chemical Co  (NYSE:EMN) EV-to-EBITDA Explanation

EV-to-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 PE Ratio to determine the fair market value of a company.

Eastman Chemical Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=96.42/7.490
=12.87

Eastman Chemical Co's share price for today is $96.42.
Eastman Chemical Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.490.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Eastman Chemical Co EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Eastman Chemical Co's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastman Chemical Co (Eastman Chemical Co) Business Description

Traded in Other Exchanges
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
Executives
Adrian James Holt officer: SVP, Chf HR Ofcr 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Julie A. Mcalindon officer: SVP SupChn,Regions&Transform 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Linnie M Haynesworth director 214 N TRYON STREET, CHARLOTTE NC 28202
Brian Travis Smith officer: SVP, Add & Funct Prod 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Mark K Cox officer: Senior Vice President 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Christopher Moore Killian officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Stephen Glenn Crawford officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Michelle Renee Stewart officer: CAO & Controller 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Brad A Lich officer: Executive Vice President 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Mark J Costa director, officer: Chief Executive Officer 200 SOUTH WILCOX DRIVE, P.O. BOX 431, KINGSPORT TN 37660
Perry Stuckey officer: SVP, Chf HR Ofcr 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Scott V. King officer: VP, Finance & CAO 100 N. EASTMAN ROAD, B54, KINGSPORT TN 37660
Lucian Boldea officer: Senior Vice President 855 S. MINT STREET, CHARLOTTE NC 28202
Vanessa Allen Sutherland director 650 W PEACHTREE ST NW, ATLANTA GA 30308

Eastman Chemical Co (Eastman Chemical Co) Headlines

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