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Highest EV/EBITDA Ratio in the Health Care Supplies Industry Detected in Shares of Staar Surgical (STAA, ICUI, ALGN, HAE, NEOG)

By Shiri Gupta

Below are the three companies in the Health Care Supplies industry with the highest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Staar Surgical ranks highest with a an EV/EBITDA ratio of 496.58. Following is Icu Medical with a an EV/EBITDA ratio of 60.04. Align Technology ranks third highest with a an EV/EBITDA ratio of 53.38.

Haemonetics Corp follows with a an EV/EBITDA ratio of 43.54, and Neogen Corp rounds out the top five with a an EV/EBITDA ratio of 36.10.

SmarTrend recommended that subscribers consider buying shares of Haemonetics Corp on May 1st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $89.64. Since that recommendation, shares of Haemonetics Corp have risen 27.2%. We continue to monitor Haemonetics Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ev/ebitda ratio staar surgical icu medical align technology haemonetics corp neogen corp

Ticker(s): STAA ICUI ALGN HAE NEOG