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- UID
- 223399
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- 290
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- 2011-7-11
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- 2014-8-6
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When using EBITDA for comparison; EV is a better measure than price because EV incoporates the value of debt & equty (price is just equity), and since EBITDA is cash flow nrfore both debt & Equity holders are paid, EV should be used as opposed to price.
The higher calculated multiple suggests that the EV is too high and thus over valued. |
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发表于 2011-7-13 16:10
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