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SINA Corp (NAS:SINA)
EV/EBITDA
-73.52 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, SINA Corp's enterprise value is $1,275.6 Mil. SINA Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2014 was $-17.4 Mil. Therefore, SINA Corp's EV/EBITDA ratio for today is -73.52.

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, SINA Corp's stock price is $38.28. SINA Corp's earnings per share for the trailing twelve months (TTM) ended in Sep. 2014 was $2.23. Therefore, SINA Corp's P/E Ratio for today is 17.17.

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


Definition

SINA Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=1275.590/-17.351
=-73.52

SINA Corp's current Enterprise Value is $1,275.6 Mil.
SINA Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2014 was 27.426 (Dec. 2013 ) + -8.724 (Mar. 2014 ) + -25.201 (Jun. 2014 ) + -10.852 (Sep. 2014 ) = $-17.4 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.

SINA Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=38.28/2.23
=17.17

SINA Corp's share price for today is $38.28.
SINA Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2014 was 0.59 (Dec. 2013 ) + -0.52 (Mar. 2014 ) + 0.25 (Jun. 2014 ) + 1.91 (Sep. 2014 ) = $2.23.

* 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.

SINA Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 18.1919.7127.1739.8110.5264.0734.83-84.26-314.41220.55

SINA Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebitda -38.35-455.68-314.41-9,330.83-159.086,288.97220.55146.48122.60-97.41
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