On this page, the ratio of Enterprise Value to adjusted EBITDA is plotted for a spectrum of US service providers that primarily target the wholesale and enterprise markets. This ratio is commonly used for relative valuation for companies in this sector.
Relative Valuation (EV/EBITDA) for Competitive Network Operators
| Select: |
Data for this plot is harvested from regulatory filings and press releases.
Notes:
- Adjusted EBITDA for this graph is now the annualized value for the current quarter, not a trailing 12 months as it was previously.
- EV is a snapshot taken from cash and debt levels in 10-Q and 10K filings, and the stock price from the close of trading on the last day of each quarter.
- The final values in each series use a recent stock price combined with the recently ended quarter’s EBITDA, cash, and debt levels.
- Substantial one-time non-cash contributions to EBITDA are excluded where known (tell me if I missed one).
Select a different chart to view:
| Valuation: EV/EBITDA |
EBITDA Margin |
Capex/Revenue |
Revenue Growth |
| (EBITDA-Capex)/Revenue |
Net Debt/EBITDA |
Revenue/Employee |
EBITDA/Employee |
Looks like GLBC is not updated… does this chart use real-time quotes or is it the data from 3/31?
No real time yet, it’s as of 3/31. I have plans to upgrade these plots to an interactive version that hopefully will include that. Wish me luck.
Obviously the plots have now been updated to account for the most recent day’s closing stock price.
rob; do you still post your LVLT model here?
Not on this page, certainly! Actually, with the GLBC deal I had to rebuild it – and since then I haven’t posted the whole thing – just quarterly previews/guesses and some more qualitative stuff for further out.
Am I going crazy, or are these files not working?
Nope, you’re right – something’s busted. I’m investigating…
Should be fixed now, although I am still updating the data for Q4/12