EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Globus Medical's enterprise value is $6,966 Mil.
Globus Medical's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $347 Mil. Therefore, Globus Medical's EV-to-EBITDA for today is 20.10.
The historical rank and industry rank for Globus Medical's EV-to-EBITDA or its related term are showing as below:
GMED'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.82 Med: 17.82 Max: 36.91
Current: 20.1
During the past 13 years, the highest EV-to-EBITDA of Globus Medical was 36.91. The lowest was 8.82. And the median was 17.82.
GMED's EV-to-EBITDA is ranked worse than 63.6% of 489
companies
in the Medical Devices & Instruments industry
Industry Median: 15.23
vs GMED: 20.10
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Globus Medical EV-to-EBITDA Historical Data
The historical data trend for Globus Medical'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.
Competitive Comparison of Globus Medical's EV-to-EBITDA
For the Medical Devices subindustry, Globus Medical'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.
Globus Medical's EV-to-EBITDA Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Globus Medical's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Globus Medical's EV-to-EBITDA falls into.
Globus Medical EV-to-EBITDA Calculation
Globus Medical's EV-to-EBITDA for today is calculated as:
Globus Medical's current Enterprise Value is $6,966 Mil.
Globus Medical's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $347 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.
Globus Medical (NYSE:GMED) 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.
Globus Medical's PE Ratio for today is calculated as:
Globus Medical's share price for today is $50.37.
Globus Medical's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.170.
* 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.
Thank you for viewing the detailed overview of Globus Medical's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Globus Medical (Globus Medical) Business Description
Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GMED has been successfully added to your 