Alliance Aviation Services EV/EBITDA
What is the EV/EBITDA of Alliance Aviation Services?
The EV/EBITDA of Alliance Aviation Services Limited is 11.69
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 Industrials sector on ASX compared to Alliance Aviation Services
What does Alliance Aviation Services do?
Alliance Aviation Services Limited provides aviation services to tourism, resources, mining, education, government, corporate, and sporting sectors in Australia and internationally. The company also offers specialized aviation services, including aircraft wet leasing, airport management, aircraft trading, parts sales, engine leasing, and engineering to other airlines and clients. As of August 11, 2021, it operated a fleet of 7 E190, 24 Fokker F100, and 14 Fokker 70LR jet aircrafts; and 5 Fokker 50 turboprops aircrafts. The company was founded in 2002 and is based in Brisbane, Australia.
Companies with ev/ebitda similar to Alliance Aviation Services
- Pason Systems has EV/EBITDA of 11.69
- NIIT has EV/EBITDA of 11.69
- Star Combo Pharma has EV/EBITDA of 11.69
- Countrywide plc has EV/EBITDA of 11.69
- Intertek Plc has EV/EBITDA of 11.69
- Synlait Milk has EV/EBITDA of 11.69
- Alliance Aviation Services has EV/EBITDA of 11.69
- Xinyi Solar has EV/EBITDA of 11.69
- Technocraft Industries (India) has EV/EBITDA of 11.69
- Lifeway Foods has EV/EBITDA of 11.70
- Netscout Systems Inc has EV/EBITDA of 11.70
- Xpediator Plc has EV/EBITDA of 11.70
- Abcourt Mines has EV/EBITDA of 11.70