Switch to:
GuruFocus has detected 3 Warning Signs with Morgan Stanley $MS.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Morgan Stanley (NYSE:MS)
EV-to-EBITDA
18.84 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Morgan Stanley's enterprise value is $219,881 Mil. Morgan Stanley's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $11,673 Mil. Therefore, Morgan Stanley's EV/EBITDA ratio for today is 18.84.

MS' s EV-to-EBITDA Range Over the Past 10 Years
Min: -134.7   Max: 1542.5
Current: 18.84

-134.7
1542.5

During the past 13 years, the highest EV/EBITDA Ratio of Morgan Stanley was 1542.50. The lowest was -134.70. And the median was 31.50.

MS's EV-to-EBITDA is ranked lower than
65% of the 617 Companies
in the Global Capital Markets industry.

( Industry Median: 13.49 vs. MS: 18.84 )

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, Morgan Stanley's stock price is $42.84. Morgan Stanley's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $3.37. Therefore, Morgan Stanley's P/E Ratio for today is 12.71.

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


Definition

Morgan Stanley's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=219880.667/11673
=18.84

Morgan Stanley's current Enterprise Value is $219,881 Mil.
Morgan Stanley's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 2947 (Jun. 2016 ) + 2859 (Sep. 2016 ) + 2625 (Dec. 2016 ) + 3242 (Mar. 2017 ) = $11,673 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.

Morgan Stanley's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=42.84/3.37
=12.71

Morgan Stanley's share price for today is $42.84.
Morgan Stanley's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was 0.75 (Jun. 2016 ) + 0.81 (Sep. 2016 ) + 0.81 (Dec. 2016 ) + 1 (Mar. 2017 ) = $3.37.

* 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.

Morgan Stanley Annual Data

Nov07Nov08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 130.8650.1394.2826.0326.5169.8822.8342.7318.2220.82

Morgan Stanley Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 42.7330.0032.8132.1018.2218.8118.9819.5020.8218.85
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