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Novagold Resources Inc (AMEX:NG)
EV/EBITDA
-22.23 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Novagold Resources Inc's enterprise value is $867.72 Mil. Novagold Resources Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Aug. 2014 was $-39.04 Mil. Therefore, Novagold Resources Inc's EV/EBITDA ratio for today is -22.23.

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, Novagold Resources Inc's stock price is $2.99. Novagold Resources Inc's earnings per share for the trailing twelve months (TTM) ended in Aug. 2014 was $-0.16. Therefore, Novagold Resources 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

Novagold Resources Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=867.719/-39.035
=-22.23

Novagold Resources Inc's current Enterprise Value is $867.72 Mil.
Novagold Resources Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Aug. 2014 was -10.905 (Nov. 2013 ) + -8.673 (Feb. 2014 ) + -9.067 (May. 2014 ) + -10.39 (Aug. 2014 ) = $-39.04 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.

Novagold Resources Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=2.99/-0.161
=

Novagold Resources Inc's share price for today is $2.99.
Novagold Resources Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Aug. 2014 was -0.061 (Nov. 2013 ) + -0.03 (Feb. 2014 ) + -0.03 (May. 2014 ) + -0.04 (Aug. 2014 ) = $-0.16.

* 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.

Novagold Resources Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
ev2ebitda -56.54-78.38-79.09-9.90-2.33-23.51-16.94-51.25-564.93-13.99

Novagold Resources Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
ev2ebitda 92.7424.98-564.93-36.59-5.25-5.90-13.99-25.10-18.68-30.12
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