Switch to:
GuruFocus has detected 3 Warning Signs with IRIDEX Corp $IRIX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
IRIDEX Corp (NAS:IRIX)
EV-to-EBITDA
-20.78 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, IRIDEX Corp's enterprise value is $80.26 Mil. IRIDEX Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $-3.86 Mil. Therefore, IRIDEX Corp's EV/EBITDA ratio for today is -20.78.

IRIX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -380.1   Max: 227.1
Current: -20.79

-380.1
227.1

During the past 13 years, the highest EV/EBITDA Ratio of IRIDEX Corp was 227.10. The lowest was -380.10. And the median was 10.30.

IRIX's EV-to-EBITDA is ranked lower than
99.99% of the 300 Companies
in the Global Medical Devices industry.

( Industry Median: 19.31 vs. IRIX: -20.79 )

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, IRIDEX Corp's stock price is $9.01. IRIDEX Corp's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $-1.32. Therefore, IRIDEX Corp'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

IRIDEX Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=80.260/-3.862
=-20.78

IRIDEX Corp's current Enterprise Value is $80.26 Mil.
IRIDEX Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was -0.245 (Jun. 2016 ) + -1.077 (Sep. 2016 ) + -0.889 (Dec. 2016 ) + -1.651 (Mar. 2017 ) = $-3.86 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.

IRIDEX Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=9.01/-1.32
=

IRIDEX Corp's share price for today is $9.01.
IRIDEX Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was -0.03 (Jun. 2016 ) + -0.07 (Sep. 2016 ) + -1.06 (Dec. 2016 ) + -0.16 (Mar. 2017 ) = $-1.32.

* 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.

IRIDEX Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda -1.44-2.338.0711.217.18-48.6427.9323.72101.66-70.49

IRIDEX Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 23.7232.6341.0950.92101.66158.69145.27-338.66-70.490.00
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