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Two Harbors Investment Corp (NYSE:TWO)
EV/EBITDA
-10.61 (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 $-3,673.3 Mil. Two Harbors Investment Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2015 was $346.2 Mil. Therefore, Two Harbors Investment Corp's EV/EBITDA ratio for today is -10.61.

During the past 9 years, the highest EV/EBITDA Ratio of Two Harbors Investment Corp was 161.50. The lowest was -762.50. And the median was -22.70.

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 $8.26. Two Harbors Investment Corp's earnings per share for the trailing twelve months (TTM) ended in Sep. 2015 was $0.67. Therefore, Two Harbors Investment Corp's P/E Ratio for today is 12.35.

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)
=-3673.323/346.185
=-10.61

Two Harbors Investment Corp's current Enterprise Value is $-3,673.3 Mil.
Two Harbors Investment Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2015 was -16.662 (Dec. 2014 ) + 117.958 (Mar. 2015 ) + 249.906 (Jun. 2015 ) + -5.017 (Sep. 2015 ) = $346.2 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)
=8.26/0.669
=12.35

Two Harbors Investment Corp's share price for today is $8.26.
Two Harbors Investment Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2015 was -0.101 (Dec. 2014 ) + 0.26 (Mar. 2015 ) + 0.6 (Jun. 2015 ) + -0.09 (Sep. 2015 ) = $0.67.

* 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

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 0.00-1,946.7181.32-1.49-49.92-50.36-47.58-13.47-51.860.14

Two Harbors Investment Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebitda -17.47-13.47-19.43-81.27-23.22-51.86-33.86-9.64-9.580.14
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