Switch to:
Hi-Tech Pharmacal Co., Inc. (NAS:HITK)
EV/EBITDA
21.72 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Hi-Tech Pharmacal Co., Inc.'s enterprise value is $518.4 Mil. Hi-Tech Pharmacal Co., Inc.'s earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jan. 2014 was $23.9 Mil. Therefore, Hi-Tech Pharmacal Co., Inc.'s EV/EBITDA ratio for today is 21.72.

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, Hi-Tech Pharmacal Co., Inc.'s stock price is $43.49. Hi-Tech Pharmacal Co., Inc.'s earnings per share for the trailing twelve months (TTM) ended in Jan. 2014 was $0.66. Therefore, Hi-Tech Pharmacal Co., Inc.'s P/E Ratio for today is 65.90.

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


Definition

Hi-Tech Pharmacal Co., Inc.'s EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=518.368/23.864
=21.72

Hi-Tech Pharmacal Co., Inc.'s current Enterprise Value is $518.4 Mil.
Hi-Tech Pharmacal Co., Inc.'s Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jan. 2014 was 2.643 (Apr. 2013 ) + 6.997 (Jul. 2013 ) + 1.844 (Oct. 2013 ) + 12.38 (Jan. 2014 ) = $23.9 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.

Hi-Tech Pharmacal Co., Inc.'s P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=43.49/0.66
=65.89

Hi-Tech Pharmacal Co., Inc.'s share price for today is $43.49.
Hi-Tech Pharmacal Co., Inc.'s Earnings Per Share for the trailing twelve months (TTM) ended in Jan. 2014 was -0.34 (Apr. 2013 ) + 0.33 (Jul. 2013 ) + 0.08 (Oct. 2013 ) + 0.59 (Jan. 2014 ) = $0.66.

* 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.

Hi-Tech Pharmacal Co., Inc. Annual Data

Apr04Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13
ev2ebitda 10.569.6313.84887.7120.873.695.404.144.2410.21

Hi-Tech Pharmacal Co., Inc. Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
ev2ebitda 4.685.344.245.245.147.5210.2111.8723.1321.58
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide