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II-VI Inc (NAS:IIVI)
EV/EBITDA
9.33 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, II-VI Inc's enterprise value is $990.7 Mil. II-VI Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2013 was $107.1 Mil. Therefore, II-VI Inc's EV/EBITDA ratio for today is 9.33.

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, II-VI Inc's stock price is $14.70. II-VI Inc's earnings per share for the trailing twelve months (TTM) ended in Dec. 2013 was $0.68. Therefore, II-VI Inc's P/E Ratio for today is 21.70.

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


Definition

II-VI Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=990.739/107.124
=9.25

II-VI Inc's current Enterprise Value is $990.7 Mil.
II-VI Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2013 was 30.23 (Mar. 2013 ) + 26.548 (Jun. 2013 ) + 25.256 (Sep. 2013 ) + 25.09 (Dec. 2013 ) = $107.1 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.

II-VI Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=14.70/0.678
=21.68

II-VI Inc's share price for today is $14.70.
II-VI Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2013 was 0.25 (Mar. 2013 ) + 0.158 (Jun. 2013 ) + 0.15 (Sep. 2013 ) + 0.12 (Dec. 2013 ) = $0.68.

* 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.

II-VI Inc Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
ev2ebitda 13.0412.1513.8911.729.219.1411.5011.328.138.30

II-VI Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebitda 7.698.4011.448.1310.019.738.898.3010.6210.92
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