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Spirit Airlines Inc (NAS:SAVE)
EV/EBITDA
4.98 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Spirit Airlines Inc's enterprise value is $2,921 Mil. Spirit Airlines Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2016 was $587 Mil. Therefore, Spirit Airlines Inc's EV/EBITDA ratio for today is 4.98.

SAVE' s EV/EBITDA Range Over the Past 10 Years
Min: 1.7   Max: 14.6
Current: 4.98

1.7
14.6

During the past 8 years, the highest EV/EBITDA Ratio of Spirit Airlines Inc was 14.60. The lowest was 1.70. And the median was 6.60.

SAVE's EV/EBITDA is ranked higher than
68% of the 71 Companies
in the Global Airlines industry.

( Industry Median: 7.04 vs. SAVE: 4.98 )

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, Spirit Airlines Inc's stock price is $43.76. Spirit Airlines Inc's earnings per share for the trailing twelve months (TTM) ended in Mar. 2016 was $4.30. Therefore, Spirit Airlines Inc's P/E Ratio for today is 10.18.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Spirit Airlines Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=2921.356/586.868
=4.98

Spirit Airlines Inc's current Enterprise Value is $2,921 Mil.
Spirit Airlines Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2016 was 139.587 (Jun. 2015 ) + 176.914 (Sep. 2015 ) + 144.463 (Dec. 2015 ) + 125.904 (Mar. 2016 ) = $587 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.

Spirit Airlines Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=43.76/4.298
=10.18

Spirit Airlines Inc's share price for today is $43.76.
Spirit Airlines Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2016 was 1.05 (Jun. 2015 ) + 1.35 (Sep. 2015 ) + 1.038 (Dec. 2015 ) + 0.86 (Mar. 2016 ) = $4.30.

* 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.

Spirit Airlines Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 0.000.000.000.000.005.174.578.8012.544.60

Spirit Airlines Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebitda 8.8011.4510.9011.8312.5411.518.775.844.605.52
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