Canadian Solar Inc EV/EBITDA
What is the EV/EBITDA of Canadian Solar Inc?
The EV/EBITDA of Canadian Solar Inc is 7.87
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 Utilities sector on NASDAQ compared to Canadian Solar Inc
What does Canadian Solar Inc do?
canadian solar inc. (csi) designs, develops, manufactures and sells solar cell and module products that convert sunlight into electricity for a variety of uses. the company conducts all of its manufacturing operations in china. the company's products include a range of standard solar modules built to general specifications for use in a range of residential, commercial and industrial solar power generation systems. it also designs and produces specialty solar modules and products based on its customers' requirements. specialty solar modules and products consist of customized modules that its customers incorporate into their own products, such as solar-powered bus stop lighting, and complete specialty products, such as solar-powered car battery chargers. it sells its products under its canadian solar brand name and to original equipment manufacturing (oem) customers under their brand names.
Companies with ev/ebitda similar to Canadian Solar Inc
- Contango Oil & Gas has EV/EBITDA of 7.87
- Standard Motor Products has EV/EBITDA of 7.87
- China Kangda Food has EV/EBITDA of 7.87
- Hilton Food Plc has EV/EBITDA of 7.87
- Ellex Medical Lasers has EV/EBITDA of 7.87
- A.P. Eagers has EV/EBITDA of 7.87
- Canadian Solar Inc has EV/EBITDA of 7.87
- Bengal & Assam has EV/EBITDA of 7.87
- SDI has EV/EBITDA of 7.88
- LMS Capital plc has EV/EBITDA of 7.88
- Hurco Companies has EV/EBITDA of 7.88
- Bilby Plc has EV/EBITDA of 7.88
- Enhabit has EV/EBITDA of 7.88