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Change Healthcare (Change Healthcare) EV-to-EBITDA : 16.98 (As of Apr. 26, 2024)


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What is Change Healthcare EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Change Healthcare's enterprise value is $13,491 Mil. Change Healthcare's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 was $795 Mil. Therefore, Change Healthcare's EV-to-EBITDA for today is 16.98.

The historical rank and industry rank for Change Healthcare's EV-to-EBITDA or its related term are showing as below:

CHNG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -26.89   Med: 14.42   Max: 17.8
Current: 16.98

During the past 6 years, the highest EV-to-EBITDA of Change Healthcare was 17.80. The lowest was -26.89. And the median was 14.42.

CHNG's EV-to-EBITDA is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 13.17 vs CHNG: 16.98

EV-to-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 PE Ratio to determine the fair market value of a company.

As of today (2024-04-26), Change Healthcare's stock price is $27.49. Change Healthcare's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $-0.240. Therefore, Change Healthcare's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Change Healthcare EV-to-EBITDA Historical Data

The historical data trend for Change Healthcare's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Change Healthcare EV-to-EBITDA Chart

Change Healthcare Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EV-to-EBITDA
Get a 7-Day Free Trial - - -7.29 16.71 13.81

Change Healthcare Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.32 14.07 14.40 13.81 15.11

Competitive Comparison of Change Healthcare's EV-to-EBITDA

For the Health Information Services subindustry, Change Healthcare's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Change Healthcare's EV-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Change Healthcare's EV-to-EBITDA falls into.



Change Healthcare EV-to-EBITDA Calculation

Change Healthcare's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=13491.054/794.715
=16.98

Change Healthcare's current Enterprise Value is $13,491 Mil.
Change Healthcare's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $795 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Change Healthcare  (NAS:CHNG) EV-to-EBITDA Explanation

EV-to-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 PE Ratio to determine the fair market value of a company.

Change Healthcare's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.49/-0.240
=At Loss

Change Healthcare's share price for today is $27.49.
Change Healthcare's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.240.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Change Healthcare EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Change Healthcare's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Change Healthcare (Change Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
424 Church Street, Suite 1400, Nashville, TN, USA, 37219
Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
Executives
Tracy Byers officer: SVP and GM, Enterprise Imaging C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219
Steven B. Martin officer: EVP, Enterprise Technology 3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul Rareshide officer: SVP, Corporate Controller C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Fredrik J Eliasson officer: EVP & CFO 500 WATER STREET, JACKSONVILLE FL 32202
De Crescenzo Neil E. director, officer: President & CEO C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Diana Mckenzie director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Roderick H. O'reilly officer: See Remarks C/O CHANGE HEALTHCARE INC., 3055 LEBANON PIKE, SUITE 1000, NASHVILLE TN 37214
August Calhoun officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Thomas Mcenery officer: EVP & Chief Marketing Officer
Bansi Nagji director MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039
Alex P. Choy officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Linda Whitley-taylor officer: EVP & Chief People Officer C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Phillip W. Roe director 20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215
Kriten Joshi officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214

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