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GuruFocus has detected 2 Warning Signs with Mitcham Industries Inc $MIND.
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Mitcham Industries Inc (NAS:MIND)
EV-to-EBITDA
-31.65 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Mitcham Industries Inc's enterprise value is $76.31 Mil. Mitcham Industries Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jan. 2017 was $-2.41 Mil. Therefore, Mitcham Industries Inc's EV/EBITDA ratio for today is -31.65.

MIND' s EV-to-EBITDA Range Over the Past 10 Years
Min: -65.3   Max: 11.5
Current: -31.66

-65.3
11.5

During the past 13 years, the highest EV/EBITDA Ratio of Mitcham Industries Inc was 11.50. The lowest was -65.30. And the median was 4.20.

MIND's EV-to-EBITDA is ranked lower than
99.99% of the 2194 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 11.64 vs. MIND: -31.66 )

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, Mitcham Industries Inc's stock price is $4.68. Mitcham Industries Inc's earnings per share for the trailing twelve months (TTM) ended in Jan. 2017 was $-2.78. Therefore, Mitcham Industries Inc'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

Mitcham Industries Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=76.312/-2.411
=-31.65

Mitcham Industries Inc's current Enterprise Value is $76.31 Mil.
Mitcham Industries Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jan. 2017 was 1.227 (Apr. 2016 ) + -0.963 (Jul. 2016 ) + -0.717 (Oct. 2016 ) + -1.958 (Jan. 2017 ) = $-2.41 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.

Mitcham Industries Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=4.68/-2.78
=

Mitcham Industries Inc's share price for today is $4.68.
Mitcham Industries Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jan. 2017 was -0.53 (Apr. 2016 ) + -0.8 (Jul. 2016 ) + -0.62 (Oct. 2016 ) + -0.83 (Jan. 2017 ) = $-2.78.

* 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.

Mitcham Industries Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
ev2ebitda 5.241.264.114.014.343.715.373.219.77-28.83

Mitcham Industries Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
ev2ebitda 3.773.213.474.048.149.77-58.48-37.34-11.89-28.83
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