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GuruFocus has detected 6 Warning Signs with II-VI Inc $IIVI.
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II-VI Inc (NAS:IIVI)
EV/EBITDA
12.05 (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 $1,850.0 Mil. II-VI Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2016 was $153.6 Mil. Therefore, II-VI Inc's EV/EBITDA ratio for today is 12.05.

IIVI' s EV/EBITDA Range Over the Past 10 Years
Min: 4.5   Max: 23.4
Current: 12.04

4.5
23.4

During the past 13 years, the highest EV/EBITDA Ratio of II-VI Inc was 23.40. The lowest was 4.50. And the median was 9.95.

IIVI's EV/EBITDA is ranked lower than
54% of the 1757 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 11.18 vs. IIVI: 12.04 )

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 $29.50. II-VI Inc's earnings per share for the trailing twelve months (TTM) ended in Sep. 2016 was $1.03. Therefore, II-VI Inc's P/E Ratio for today is 28.64.

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)
=1849.960/153.584
=12.05

II-VI Inc's current Enterprise Value is $1,850.0 Mil.
II-VI Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2016 was 36.594 (Dec. 2015 ) + 32.794 (Mar. 2016 ) + 44.221 (Jun. 2016 ) + 39.975 (Sep. 2016 ) = $153.6 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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)
=29.50/1.03
=28.64

II-VI Inc's share price for today is $29.50.
II-VI Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2016 was 0.3 (Dec. 2015 ) + 0.24 (Mar. 2016 ) + 0.23 (Jun. 2016 ) + 0.26 (Sep. 2016 ) = $1.03.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

II-VI Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
ev2ebitda 11.739.269.1411.5011.327.798.009.268.567.87

II-VI Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebitda 9.267.447.239.068.566.977.989.917.8710.04
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