Switch to:
Two Harbors Investment Corp (NYSE:TWO)
EV/EBITDA
-11.05 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Two Harbors Investment Corp's enterprise value is $-4,407.2 Mil. Two Harbors Investment Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2016 was $398.8 Mil. Therefore, Two Harbors Investment Corp's EV/EBITDA ratio for today is -11.05.

During the past 9 years, the highest EV/EBITDA Ratio of Two Harbors Investment Corp was 155.30. The lowest was -636.20. And the median was -19.30.

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, Two Harbors Investment Corp's stock price is $9.11. Two Harbors Investment Corp's earnings per share for the trailing twelve months (TTM) ended in Sep. 2016 was $0.62. Therefore, Two Harbors Investment Corp's P/E Ratio for today is 14.69.

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


Definition

Two Harbors Investment Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=-4407.170/398.818
=-11.05

Two Harbors Investment Corp's current Enterprise Value is $-4,407.2 Mil.
Two Harbors Investment Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2016 was 256.421 (Dec. 2015 ) + -41.791 (Mar. 2016 ) + 22.562 (Jun. 2016 ) + 161.626 (Sep. 2016 ) = $398.8 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Two Harbors Investment Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=9.11/0.62
=14.69

Two Harbors Investment Corp's share price for today is $9.11.
Two Harbors Investment Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2016 was 0.58 (Dec. 2015 ) + -0.25 (Mar. 2016 ) + -0.05 (Jun. 2016 ) + 0.34 (Sep. 2016 ) = $0.62.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Two Harbors Investment Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 0.00-1,946.7181.3240.83-35.12-55.60-39.95-14.18-49.210.14

Two Harbors Investment Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebitda -81.27-23.22-49.21-33.86-9.64-9.580.14-1.68-18.35-11.54
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK