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Tyler Technologies, Inc. (NYSE:TYL)
EV/EBITDA
30.00 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Tyler Technologies, Inc.'s enterprise value is $2,522.9 Mil. Tyler Technologies, Inc.'s earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2013 was $80.9 Mil. Therefore, Tyler Technologies, Inc.'s EV/EBITDA ratio for today is 30.00.

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, Tyler Technologies, Inc.'s stock price is $79.02. Tyler Technologies, Inc.'s earnings per share for the trailing twelve months (TTM) ended in Dec. 2013 was $1.13. Therefore, Tyler Technologies, Inc.'s P/E Ratio for today is 69.80.

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


Definition

Tyler Technologies, Inc.'s EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=2522.858/80.914
=31.18

Tyler Technologies, Inc.'s current Enterprise Value is $2,522.9 Mil.
Tyler Technologies, Inc.'s Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2013 was 17.792 (Mar. 2013 ) + 18.708 (Jun. 2013 ) + 21.269 (Sep. 2013 ) + 23.145 (Dec. 2013 ) = $80.9 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.

Tyler Technologies, Inc.'s P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=79.02/1.131
=69.87

Tyler Technologies, Inc.'s share price for today is $79.02.
Tyler Technologies, Inc.'s Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2013 was 0.25 (Mar. 2013 ) + 0.26 (Jun. 2013 ) + 0.32 (Sep. 2013 ) + 0.301 (Dec. 2013 ) = $1.13.

* 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.

Tyler Technologies, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 11.1713.2815.9711.8410.8312.7012.7416.8222.0739.72

Tyler Technologies, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebitda 14.9316.8220.8221.1020.1822.0726.0028.3136.2739.72
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