EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hitek Global's enterprise value is $3.32 Mil.
Hitek Global's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1.96 Mil. Therefore, Hitek Global's EV-to-EBITDA for today is 1.69.
The historical rank and industry rank for Hitek Global's EV-to-EBITDA or its related term are showing as below:
HKIT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -4.08 Med: 8.1 Max: 157.77
Current: 1.69
During the past 7 years, the highest EV-to-EBITDA of Hitek Global was 157.77. The lowest was -4.08. And the median was 8.10.
HKIT's EV-to-EBITDA is ranked better than 94.53% of 1846
companies
in the Software industry
Industry Median: 14.7
vs HKIT: 1.69
EV-to-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 PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Hitek Global EV-to-EBITDA Historical Data
The historical data trend for Hitek Global's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Hitek Global's EV-to-EBITDA
For the Software - Application subindustry, Hitek Global's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hitek Global's EV-to-EBITDA Distribution in the Software Industry
For the Software industry and Technology sector, Hitek Global's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hitek Global's EV-to-EBITDA falls into.
Hitek Global EV-to-EBITDA Calculation
Hitek Global's EV-to-EBITDA for today is calculated as:
Hitek Global's current Enterprise Value is $3.32 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1.96 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hitek Global (NAS:HKIT) EV-to-EBITDA Explanation
EV-to-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 PE Ratio to determine the fair market value of a company.
Hitek Global's PE Ratio for today is calculated as:
Hitek Global's share price for today is $1.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.080.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Hitek Global's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.
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