EV/EBITDA

EV/EBITDA is a stock valuation multiple that compares a company's Enterprise Value to its Earnings Before Interest, Taxes, Depreciation, and Amortization. It is widely used in relative stock valuation and as an exit multiple in DCF terminal value calculations.

Formel

Beispiel

A company with an EV of $5B and EBITDA of $500M trades at 10x EV/EBITDA. Industry medians vary: technology companies often trade at 15–25x, while utilities trade at 8–12x. These benchmarks inform exit multiple selection in stock valuation.

Warum es wichtig ist

EV/EBITDA is capital-structure-neutral and removes accounting distortions from depreciation and amortization, making it more comparable across companies than P/E in many stock valuation scenarios. It is the most commonly used exit multiple in leveraged buyout and M&A valuation.

Wie MiniValuator EV/EBITDA verwendet

MiniValuator uses a P/FCF based exit multiple for terminal value (it defaults to the current price to free cash flow of the stock, capped at 30x), not an EV/EBITDA multiple. EV/EBITDA appears here as a widely used valuation concept, not an exit-multiple option in the tool.

In der Praxis

• Wie das KGV-Modell den fairen Wert ermittelt
• Analyse des fairen Werts im Sektor Consumer Cyclical
• Analyse des fairen Werts im Sektor Industrials

Verwandte Begriffe

• Enterprise Value (EV) — Enterprise Value (EV) represents the total value of a company to all capital providers (equity holde...
• Exit Multiple — An exit multiple is a stock valuation ratio (such as EV/EBITDA or EV/FCF) applied to a financial met...
• Terminal Value — Terminal value represents the present value of all future cash flows beyond the explicit forecast pe...
• Discounted Cash Flow (DCF) — Discounted Cash Flow (DCF) is a fundamental stock valuation methodology that estimates the present v...

Bereit, dieses Konzept anzuwenden? Den MiniValuator DCF-Rechner ausprobieren — berechnen Sie den inneren Wert jeder US-Aktie in unter 60 Sekunden.