Switch to:
II-VI Inc (NAS:IIVI)
EV/EBITDA
9.37 (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 $941.8 Mil. II-VI Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2014 was $100.5 Mil. Therefore, II-VI Inc's EV/EBITDA ratio for today is 9.37.

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 $13.96. II-VI Inc's earnings per share for the trailing twelve months (TTM) ended in Mar. 2014 was $0.56. Therefore, II-VI Inc's P/E Ratio for today is 25.00.

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)
=941.795/100.523
=9.37

II-VI Inc's current Enterprise Value is $941.8 Mil.
II-VI Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2014 was 26.548 (Jun. 2013 ) + 25.256 (Sep. 2013 ) + 25.09 (Dec. 2013 ) + 23.629 (Mar. 2014 ) = $100.5 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)
=13.96/0.558
=25.02

II-VI Inc's share price for today is $13.96.
II-VI Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2014 was 0.158 (Jun. 2013 ) + 0.15 (Sep. 2013 ) + 0.12 (Dec. 2013 ) + 0.13 (Mar. 2014 ) = $0.56.

* 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 12.6111.7613.8911.629.219.1311.1911.568.148.34

II-VI Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebitda 12.048.1410.019.778.688.3410.6710.9310.380.00
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