Switch to:
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Clearfield Inc (NAS:CLFD)
EV-to-EBITDA
15.65 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Clearfield Inc's enterprise value is $166.20 Mil. Clearfield Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $10.62 Mil. Therefore, Clearfield Inc's EV/EBITDA ratio for today is 15.65.

CLFD' s EV-to-EBITDA Range Over the Past 10 Years
Min: -28.6   Max: 32.8
Current: 15.65

-28.6
32.8

During the past 13 years, the highest EV/EBITDA Ratio of Clearfield Inc was 32.80. The lowest was -28.60. And the median was 16.05.

CLFD's EV-to-EBITDA is ranked lower than
63% of the 513 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.68 vs. CLFD: 15.65 )

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, Clearfield Inc's stock price is $13.80. Clearfield Inc's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $0.51. Therefore, Clearfield Inc's P/E Ratio for today is 27.06.

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


Definition

Clearfield Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=166.203/10.623
=15.65

Clearfield Inc's current Enterprise Value is $166.20 Mil.
Clearfield Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 3.824 (Jun. 2016 ) + 3.527 (Sep. 2016 ) + 1.58 (Dec. 2016 ) + 1.692 (Mar. 2017 ) = $10.62 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.

Clearfield Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=13.80/0.51
=27.06

Clearfield Inc's share price for today is $13.80.
Clearfield Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was 0.16 (Jun. 2016 ) + 0.22 (Sep. 2016 ) + 0.06 (Dec. 2016 ) + 0.07 (Mar. 2017 ) = $0.51.

* 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.

Clearfield Inc Annual Data

Mar07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
ev2ebitda -24.285.2825.0915.6414.5410.8520.0016.2819.1319.05

Clearfield Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 18.5227.2624.8319.1317.6218.3119.9719.0522.9619.23
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)
FEEDBACK