Switch to:
United Bancorp MI (OTCBB:UBMI)
EV/EBITDA
9.85 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, United Bancorp MI's enterprise value is $180.99 Mil. United Bancorp MI's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2013 was $18.01 Mil. Therefore, United Bancorp MI's EV/EBITDA ratio for today is 9.85.

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, United Bancorp MI's stock price is $12.50. United Bancorp MI's earnings per share for the trailing twelve months (TTM) ended in Dec. 2013 was $0.60. Therefore, United Bancorp MI's P/E Ratio for today is 20.70.

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


Definition

United Bancorp MI's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=180.986/18.005
=10.05

United Bancorp MI's current Enterprise Value is $180.99 Mil.
United Bancorp MI's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2013 was 4.401 (Mar. 2013 ) + 4.314 (Jun. 2013 ) + 4.558 (Sep. 2013 ) + 4.732 (Dec. 2013 ) = $18.01 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.

United Bancorp MI's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=12.50/0.602
=20.76

United Bancorp MI's share price for today is $12.50.
United Bancorp MI's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2013 was 0.13 (Mar. 2013 ) + 0.14 (Jun. 2013 ) + 0.15 (Sep. 2013 ) + 0.182 (Dec. 2013 ) = $0.60.

* 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.

United Bancorp MI Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebitda 14.6640.6912.9913.15193.05-0.83-0.23-7.104.264.87

United Bancorp MI Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebitda 0.87-7.10-4.471.882.174.261.573.805.564.87
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)
Free 7-day Trial
FEEDBACK
Hide