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GuruFocus has detected 5 Warning Signs with Tenet Healthcare Corp $THC.
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Tenet Healthcare Corp (NYSE:THC)
EV-to-EBITDA
8.55 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Tenet Healthcare Corp's enterprise value is $17,095 Mil. Tenet Healthcare Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $2,000 Mil. Therefore, Tenet Healthcare Corp's EV/EBITDA ratio for today is 8.55.

THC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -34   Max: 22.6
Current: 8.54

-34
22.6

During the past 13 years, the highest EV/EBITDA Ratio of Tenet Healthcare Corp was 22.60. The lowest was -34.00. And the median was 8.20.

THC's EV-to-EBITDA is ranked higher than
82% of the 221 Companies
in the Global Medical Care industry.

( Industry Median: 15.41 vs. THC: 8.54 )

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, Tenet Healthcare Corp's stock price is $17.76. Tenet Healthcare Corp's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $-1.86. Therefore, Tenet Healthcare 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

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

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=17095.442/2000
=8.55

Tenet Healthcare Corp's current Enterprise Value is $17,095 Mil.
Tenet Healthcare Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 484 (Jun. 2016 ) + 537 (Sep. 2016 ) + 496 (Dec. 2016 ) + 483 (Mar. 2017 ) = $2,000 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.

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

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=17.76/-1.86
=

Tenet Healthcare Corp's share price for today is $17.76.
Tenet Healthcare Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was -0.46 (Jun. 2016 ) + -0.08 (Sep. 2016 ) + -0.79 (Dec. 2016 ) + -0.53 (Mar. 2017 ) = $-1.86.

* 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.

Tenet Healthcare Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 9.755.766.167.417.177.1117.359.459.398.03

Tenet Healthcare Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 9.459.1211.179.549.398.868.447.968.038.54
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