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Mackinac Financial Corp (NAS:MFNC)
EV/EBITDA
15.84 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Mackinac Financial Corp's enterprise value is $86.23 Mil. Mackinac Financial Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2015 was $5.44 Mil. Therefore, Mackinac Financial Corp's EV/EBITDA ratio for today is 15.84.

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, Mackinac Financial Corp's stock price is $10.64. Mackinac Financial Corp's earnings per share for the trailing twelve months (TTM) ended in Mar. 2015 was $0.41. Therefore, Mackinac Financial Corp's P/E Ratio for today is 26.14.

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


Definition

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=86.227/5.444
=15.84

Mackinac Financial Corp's current Enterprise Value is $86.23 Mil.
Mackinac Financial Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2015 was 1.58 (Jun. 2014 ) + 1.705 (Sep. 2014 ) + -0.338 (Dec. 2014 ) + 2.497 (Mar. 2015 ) = $5.44 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=10.64/0.407
=26.14

Mackinac Financial Corp's share price for today is $10.64.
Mackinac Financial Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2015 was 0.14 (Jun. 2014 ) + 0.16 (Sep. 2014 ) + -0.113 (Dec. 2014 ) + 0.22 (Mar. 2015 ) = $0.41.

* 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.

Mackinac Financial Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebitda -9.5831.4116.699.807.80-17.159.587.7010.3622.25

Mackinac Financial Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebitda 7.7010.807.988.7710.3612.0414.9313.9122.2516.73
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