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GuruFocus has detected 6 Warning Signs with Aircastle Ltd $AYR.
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Aircastle Ltd (NYSE:AYR)
EV-to-EBITDA
7.79 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Aircastle Ltd's enterprise value is $5,776.0 Mil. Aircastle Ltd's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $741.5 Mil. Therefore, Aircastle Ltd's EV/EBITDA ratio for today is 7.79.

AYR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.3   Max: 21.9
Current: 7.8

5.3
21.9

During the past 13 years, the highest EV/EBITDA Ratio of Aircastle Ltd was 21.90. The lowest was 5.30. And the median was 7.50.

AYR's EV-to-EBITDA is ranked higher than
64% of the 222 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 10.37 vs. AYR: 7.80 )

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, Aircastle Ltd's stock price is $21.30. Aircastle Ltd's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $2.00. Therefore, Aircastle Ltd's P/E Ratio for today is 10.65.

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


Definition

Aircastle Ltd's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=5775.979/741.467
=7.79

Aircastle Ltd's current Enterprise Value is $5,776.0 Mil.
Aircastle Ltd's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 158.071 (Jun. 2016 ) + 161.832 (Sep. 2016 ) + 236.865 (Dec. 2016 ) + 184.699 (Mar. 2017 ) = $741.5 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.

Aircastle Ltd's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=21.30/2
=10.65

Aircastle Ltd's share price for today is $21.30.
Aircastle Ltd's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was 0.25 (Jun. 2016 ) + 0.35 (Sep. 2016 ) + 0.86 (Dec. 2016 ) + 0.54 (Mar. 2017 ) = $2.00.

* 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.

Aircastle Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 13.025.576.306.936.247.227.788.167.807.73

Aircastle Ltd Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 8.168.048.087.927.807.547.927.567.738.09
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