Medidata Solutions is Among the Companies in the Health Care Technology Industry With the Highest EV/EBITDA Ratio (MDSO, ATHN, HSTM, HMSY, MDAS)
Below are the three companies in the Health Care Technology 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.
Medidata Solutions ranks highest with a an EV/EBITDA ratio of 59.76. athenahealth is next with a an EV/EBITDA ratio of 47.83. HealthStream ranks third highest with a an EV/EBITDA ratio of 21.96.
HMS Holdings follows with a an EV/EBITDA ratio of 19.55, and MedAssets rounds out the top five with a an EV/EBITDA ratio of 18.70.
SmarTrend recommended that subscribers consider buying shares of MedAssets on October 8th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $21.90. Since that recommendation, shares of MedAssets have risen 43.2%. We continue to monitor MedAssets for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest ev/ebitda ratio medidata solutions Athenahealth healthstream hms holdings medassets