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Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) EV-to-EBITDA

: 2.10 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hong Kong Exchanges and Clearing's enterprise value is $6,438 Mil. Hong Kong Exchanges and Clearing's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $3,059 Mil. Therefore, Hong Kong Exchanges and Clearing's EV-to-EBITDA for today is 2.10.

The historical rank and industry rank for Hong Kong Exchanges and Clearing's EV-to-EBITDA or its related term are showing as below:

HKXCY' s EV-to-EBITDA Range Over the Past 10 Years
Min: -9.81   Med: 6.78   Max: 26.54
Current: 2.1

During the past 13 years, the highest EV-to-EBITDA of Hong Kong Exchanges and Clearing was 26.54. The lowest was -9.81. And the median was 6.78.

HKXCY's EV-to-EBITDA is ranked better than
83.17% of 499 companies
in the Capital Markets industry
Industry Median: 9.1 vs HKXCY: 2.10

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.

As of today (2024-04-18), Hong Kong Exchanges and Clearing's stock price is $27.43. Hong Kong Exchanges and Clearing's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.195. Therefore, Hong Kong Exchanges and Clearing's PE Ratio for today is 22.95.

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


Hong Kong Exchanges and Clearing EV-to-EBITDA Historical Data

The historical data trend for Hong Kong Exchanges and Clearing'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.

Hong Kong Exchanges and Clearing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.92 14.61 20.12 9.90 5.61

Hong Kong Exchanges and Clearing Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 9.90 10.89 6.70 6.77 5.61

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.


Hong Kong Exchanges and Clearing EV-to-EBITDA Distribution

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's EV-to-EBITDA falls into.



Hong Kong Exchanges and Clearing EV-to-EBITDA Calculation

Hong Kong Exchanges and Clearing's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6438.118/3059.254
=2.10

Hong Kong Exchanges and Clearing's current Enterprise Value is $6,438 Mil.
Hong Kong Exchanges and Clearing'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 $3,059 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.


Hong Kong Exchanges and Clearing  (OTCPK:HKXCY) 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.

Hong Kong Exchanges and Clearing's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.43/1.195
=22.95

Hong Kong Exchanges and Clearing's share price for today is $27.43.
Hong Kong Exchanges and Clearing'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 $1.195.

* 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?


Hong Kong Exchanges and Clearing EV-to-EBITDA Related Terms

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


Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

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