Enterprise Value Over EBITDA (Historical)
Returns the historical Enterprise Value to EBITDA ratio. This is one of the most commonly used valuation multiples in financial analysis.
Formula
EV/EBITDA = Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization
Parameters
| Parameter | Required | Description |
|---|---|---|
| Symbol | Yes | Stock ticker symbol |
| Year | Yes | Fiscal year or period code |
| Quarter | No | Quarter 1-4 |
| TTM | No | "TTM" for trailing twelve months |
Interpretation
- Lower values may indicate undervaluation
- Higher values may indicate growth expectations
- Industry-specific ranges apply
- Useful for comparing companies with different capital structures
Syntax
=hf_Enterprise_Value_over_EBITDA(Symbol, Year, [Quarter], [TTM])Examples
=hf_Enterprise_Value_over_EBITDA("AAPL", 2023, 4)=hf_Enterprise_Value_over_EBITDA("MSFT", "ly")=hf_Enterprise_Value_over_EBITDA("GOOGL", 2023, , "TTM")When to Use
- Valuation comparisons across industries
- M&A analysis and pricing
- Comparing companies with different debt levels
- Historical valuation trend analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| EV/EBIT ratio | hf_Enterprise_Value_over_EBIT() |
| Price to earnings | hf_Price_to_Earnings_Ratio() |
| Raw EBITDA value | hf_EBITDA() |
Common Issues & FAQ
What's a good EV/EBITDA ratio?
It varies by industry. Generally, 8-12x is considered average, but tech may be higher and utilities lower.
Why use EV/EBITDA instead of P/E?
EV/EBITDA accounts for capital structure differences and is better for comparing companies with varying debt levels.
Excel Templates Using Enterprise Value Over EBITDA (Historical)
These ready-made MarketXLS templates call hf_Enterprise_Value_over_EBITDA() in their worksheet formulas. Open one to see the function working inside a complete model.
Related Formulas
More MarketXLS Historical Fundamentals formulas you can use in the same worksheet:
Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS
Get started today
▶
How does MarketXLS work?