Top 5 Companies in the Alternative Carriers Industry With the Highest EV/EBITDA Ratio (EGHT, ORBC, CCOI, PGI, LVLT)
Below are the three companies in the Alternative Carriers 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.
8X8 INC ranks highest with a an EV/EBITDA ratio of 158.74. ORBCOMM is next with a an EV/EBITDA ratio of 71.18. Cogent Communications ranks third highest with a an EV/EBITDA ratio of 18.82.
Premiere Global Services follows with a an EV/EBITDA ratio of 12.78, and Level 3 Communications rounds out the top five with a an EV/EBITDA ratio of 12.18.
SmarTrend recommended that subscribers consider buying shares of Premiere Global Services on April 24th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $10.47. Since that recommendation, shares of Premiere Global Services have risen 33.7%. We continue to monitor Premiere Global Services for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest ev/ebitda ratio 8x8 inc orbcomm cogent communications premiere global services level 3 communications