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GuruFocus has detected 4 Warning Signs with China Information Technology Inc $CNIT.
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China Information Technology Inc (NAS:CNIT)
EV-to-EBITDA
-0.66 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, China Information Technology Inc's enterprise value is $49.36 Mil. China Information Technology Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2016 was $-74.71 Mil. Therefore, China Information Technology Inc's EV/EBITDA ratio for today is -0.66.

CNIT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -9.6   Max: 114.1
Current: -3.2

-9.6
114.1

During the past 12 years, the highest EV/EBITDA Ratio of China Information Technology Inc was 114.10. The lowest was -9.60. And the median was 2.60.

CNIT's EV-to-EBITDA is ranked lower than
99.99% of the 1910 Companies
in the Global Information Technology Services industry.

( Industry Median: 13.76 vs. CNIT: -3.20 )

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, China Information Technology Inc's stock price is $1.00. China Information Technology Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2016 was $-1.50. Therefore, China Information Technology Inc's P/E Ratio for today is .

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


Definition

China Information Technology Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=49.363/-74.71
=-0.66

China Information Technology Inc's current Enterprise Value is $49.36 Mil.
China Information Technology Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2016 was 0 (Dec. 2014 ) + 0 (Jun. 2015 ) + 0 (Dec. 2015 ) + -74.71 (Jun. 2016 ) = $-74.71 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.

China Information Technology Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=1.00/-1.503
=

China Information Technology Inc's share price for today is $1.00.
China Information Technology Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2016 was -0.961 (Dec. 2014 ) + -0.22 (Jun. 2015 ) + 0 (Dec. 2015 ) + -0.322 (Jun. 2016 ) = $-1.50.

* 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.

China Information Technology Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 23.685.888.125.754.44-1.68-259.39-3.8368.53-2.74

China Information Technology Inc Quarterly Data

Sep12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16Dec16
ev2ebitda 0.00-1.68-2.90-259.39-3.92-3.830.000.00-0.81-2.74
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