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Thermo Fisher Scientific Inc (NYSE:TMO)
EV-to-EBITDA
19.10 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Thermo Fisher Scientific Inc's enterprise value is $84,203 Mil. Thermo Fisher Scientific Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $4,409 Mil. Therefore, Thermo Fisher Scientific Inc's EV/EBITDA ratio for today is 19.10.

TMO' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.6   Max: 44.9
Current: 19.08

6.6
44.9

During the past 13 years, the highest EV/EBITDA Ratio of Thermo Fisher Scientific Inc was 44.90. The lowest was 6.60. And the median was 14.35.

TMO's EV-to-EBITDA is ranked higher than
52% of the 198 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 17.34 vs. TMO: 19.08 )

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, Thermo Fisher Scientific Inc's stock price is $173.42. Thermo Fisher Scientific Inc's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $5.48. Therefore, Thermo Fisher Scientific Inc's P/E Ratio for today is 31.65.

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


Definition

Thermo Fisher Scientific Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=84202.870/4409
=19.10

Thermo Fisher Scientific Inc's current Enterprise Value is $84,203 Mil.
Thermo Fisher Scientific Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 1075 (Jun. 2016 ) + 974.2 (Sep. 2016 ) + 1257 (Dec. 2016 ) + 1102.8 (Mar. 2017 ) = $4,409 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.

Thermo Fisher Scientific Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=173.42/5.48
=31.65

Thermo Fisher Scientific Inc's share price for today is $173.42.
Thermo Fisher Scientific Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was 1.3 (Jun. 2016 ) + 1.19 (Sep. 2016 ) + 1.59 (Dec. 2016 ) + 1.4 (Mar. 2017 ) = $5.48.

* 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.

Thermo Fisher Scientific Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 14.357.2710.9911.8110.4811.6717.4214.9117.0116.78

Thermo Fisher Scientific Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 14.9117.2915.7415.3617.0117.1517.3819.4416.7817.34
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