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GuruFocus has detected 2 Warning Signs with IRIDEX Corp $IRIX.
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IRIDEX Corp (NAS:IRIX)
EV-to-EBITDA
-61.26 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, IRIDEX Corp's enterprise value is $117.44 Mil. IRIDEX Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.92 Mil. Therefore, IRIDEX Corp's EV/EBITDA ratio for today is -61.26.

During the past 13 years, the highest EV/EBITDA Ratio of IRIDEX Corp was 227.10. The lowest was -380.10. And the median was 11.10.

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, IRIDEX Corp's stock price is $12.25. IRIDEX Corp's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.15. Therefore, IRIDEX Corp's P/E Ratio for today is .

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


Definition

IRIDEX Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=117.442/-1.917
=-61.26

IRIDEX Corp's current Enterprise Value is $117.44 Mil.
IRIDEX Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was 0.294 (Mar. 2016 ) + -0.245 (Jun. 2016 ) + -1.077 (Sep. 2016 ) + -0.889 (Dec. 2016 ) = $-1.92 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.

IRIDEX Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=12.25/-1.15
=

IRIDEX Corp's share price for today is $12.25.
IRIDEX Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was 0.01 (Mar. 2016 ) + -0.03 (Jun. 2016 ) + -0.07 (Sep. 2016 ) + -1.06 (Dec. 2016 ) = $-1.15.

* 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.

IRIDEX Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda -1.44-2.338.0711.217.18-48.6427.9323.72101.66-70.49

IRIDEX Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda 21.5423.7232.6341.0950.92101.66158.69145.27-338.66-70.49
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