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Two Harbors Investment Corp (NYSE:TWO)
EV/EBITDA
-15.24 (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 $-8,612.1 Mil. Two Harbors Investment Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2015 was $565.0 Mil. Therefore, Two Harbors Investment Corp's EV/EBITDA ratio for today is -15.24.

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 $9.29. Two Harbors Investment Corp's earnings per share for the trailing twelve months (TTM) ended in Jun. 2015 was $1.29. Therefore, Two Harbors Investment Corp's P/E Ratio for today is 7.21.

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)
=-8612.093/564.957
=-15.24

Two Harbors Investment Corp's current Enterprise Value is $-8,612.1 Mil.
Two Harbors Investment Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2015 was 213.755 (Sep. 2014 ) + -16.662 (Dec. 2014 ) + 117.958 (Mar. 2015 ) + 249.906 (Jun. 2015 ) = $565.0 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=9.29/1.289
=7.21

Two Harbors Investment Corp's share price for today is $9.29.
Two Harbors Investment Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2015 was 0.53 (Sep. 2014 ) + -0.101 (Dec. 2014 ) + 0.26 (Mar. 2015 ) + 0.6 (Jun. 2015 ) = $1.29.

* 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.

Two Harbors Investment Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebitda 0.000.000.0081.30-1.49-49.92-50.36-47.58-13.47-64.20

Two Harbors Investment Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebitda -32.95-15.52-17.47-13.47-19.43-81.27-23.22-64.20-33.86-14.95
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