Corvel EV/EBITDA
What is the EV/EBITDA of Corvel?
The EV/EBITDA of Corvel Corp. is 42.18
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Finance sector on NASDAQ compared to Corvel
What does Corvel do?
together, let's do more. corvel is a leader of risk and healthcare management solutions to employers, third party administrators, insurance companies and government agencies. we are publicly traded (nasdaq:crvl) and annual revenues exceeded $493 million in fy2015. our continued customer growth is a testament to our financial stability and our significant investments in new systems and technologies allows us to continue to deliver industry-leading solutions to the marketplace. corvel has approximately 3,500 associates who serve more than 2,000 customers through a national branch office network covering all 50 states.
Companies with ev/ebitda similar to Corvel
- SPEL Semiconductor has EV/EBITDA of 41.96
- British Smaller Companies VCT has EV/EBITDA of 42.02
- Phoenix Global Resources Plc has EV/EBITDA of 42.11
- Akme Star Housing Finance has EV/EBITDA of 42.14
- CGN Mining has EV/EBITDA of 42.14
- Cnova N.V has EV/EBITDA of 42.16
- Corvel has EV/EBITDA of 42.18
- Mercator has EV/EBITDA of 42.19
- Dexcom Inc has EV/EBITDA of 42.22
- Nettlinx has EV/EBITDA of 42.24
- Solar Industries India has EV/EBITDA of 42.27
- KPIT Technologies has EV/EBITDA of 42.28
- Galaxy Bearings has EV/EBITDA of 42.33