Switch to:
II-VI, Inc. (NAS:IIVI)
EV/EBITDA
8.99 (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 $973.8 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 8.99.

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 $14.43. 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 21.30.

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)
=973.831/107.124
=9.09

II-VI, Inc.'s current Enterprise Value is $973.8 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)
=14.43/0.678
=21.28

II-VI, Inc.'s share price for today is $14.43.
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
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
Hide