EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Spirit Airlines's enterprise value is $6,368 Mil.
Spirit Airlines's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-108 Mil. Therefore, Spirit Airlines's EV-to-EBITDA for today is -58.86.
The historical rank and industry rank for Spirit Airlines's EV-to-EBITDA or its related term are showing as below:
SAVE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -508.8 Med: 6.48 Max: 96.09
Current: -58.86
During the past 13 years, the highest EV-to-EBITDA of Spirit Airlines was 96.09. The lowest was -508.80. And the median was 6.48.
SAVE's EV-to-EBITDA is ranked worse than 100% of 885
companies
in the Transportation industry
Industry Median: 8.89
vs SAVE: -58.86
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 (2024-04-24), Spirit Airlines's stock price is $3.68.
Spirit Airlines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.090. Therefore, Spirit Airlines'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.
Spirit Airlines EV-to-EBITDA Historical Data
The historical data trend for Spirit Airlines'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.
Competitive Comparison of Spirit Airlines's EV-to-EBITDA
For the Airlines subindustry, Spirit Airlines'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.
Spirit Airlines's EV-to-EBITDA Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Spirit Airlines's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Spirit Airlines's EV-to-EBITDA falls into.
Spirit Airlines EV-to-EBITDA Calculation
Spirit Airlines's EV-to-EBITDA for today is calculated as:
Spirit Airlines's current Enterprise Value is $6,368 Mil.
Spirit Airlines's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-108 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.
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.
Spirit Airlines's PE Ratio for today is calculated as:
Spirit Airlines's share price for today is $3.68.
Spirit Airlines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.090.
* 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.
Thank you for viewing the detailed overview of Spirit Airlines's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Spirit Airlines (Spirit Airlines) Business Description
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.
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