GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (NAS:CSIQ) » Definitions » EV-to-EBITDA

Canadian Solar (Canadian Solar) EV-to-EBITDA : 5.62 (As of Apr. 25, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Canadian Solar EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Canadian Solar's enterprise value is $3,579 Mil. Canadian Solar's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $637 Mil. Therefore, Canadian Solar's EV-to-EBITDA for today is 5.62.

The historical rank and industry rank for Canadian Solar's EV-to-EBITDA or its related term are showing as below:

CSIQ' s EV-to-EBITDA Range Over the Past 10 Years
Min: -188.56   Med: 10.38   Max: 39.74
Current: 5.62

During the past 13 years, the highest EV-to-EBITDA of Canadian Solar was 39.74. The lowest was -188.56. And the median was 10.38.

CSIQ's EV-to-EBITDA is ranked better than
86.78% of 749 companies
in the Semiconductors industry
Industry Median: 18.19 vs CSIQ: 5.62

EV-to-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 PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), Canadian Solar's stock price is $14.31. Canadian Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $5.010. Therefore, Canadian Solar's PE Ratio for today is 2.86.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Canadian Solar EV-to-EBITDA Historical Data

The historical data trend for Canadian Solar's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Solar EV-to-EBITDA Chart

Canadian Solar Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 7.36 12.08 9.84 8.10

Canadian Solar Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.88 8.10 11.86 9.19 8.38

Competitive Comparison of Canadian Solar's EV-to-EBITDA

For the Solar subindustry, Canadian Solar's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Solar's EV-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Canadian Solar's EV-to-EBITDA falls into.



Canadian Solar EV-to-EBITDA Calculation

Canadian Solar's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3579.152/636.647
=5.62

Canadian Solar's current Enterprise Value is $3,579 Mil.
Canadian Solar's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $637 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Solar  (NAS:CSIQ) EV-to-EBITDA Explanation

EV-to-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 PE Ratio to determine the fair market value of a company.

Canadian Solar's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.31/5.010
=2.86

Canadian Solar's share price for today is $14.31.
Canadian Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.010.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Canadian Solar EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Canadian Solar's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Solar (Canadian Solar) Business Description

Traded in Other Exchanges
Address
545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.